Category Archives: Bitcoin News

Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation

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Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks. This current range-bound activity comes nearly two months after Bitcoin touched its all-time high in January, indicating a period of uncertainty… Continue reading Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation→

Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says

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According to a recent X post by crypto entrepreneur Arthur Hayes, Bitcoin (BTC) probably hit its bottom during the plunge to $77,000 on March 10. However, Hayes cautioned that while BTC may have bottomed, stock markets could face more pain ahead. BTC Bottomed At $77,000? Hayes Thinks So Former BitMEX CEO Arthur Hayes recently took… Continue reading Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says→

Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals

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Bitcoin’s price has been regaining momentum after a recent weeks of decline, climbing back above $85,000. This marks a 2.7% increase in the past week, slowly recovering from previous losses. While the broader market remains cautious, investors appear to now be closely monitoring whether BTC can sustain its upward trend or if further corrections are… Continue reading Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals→

Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch

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Bitcoin is currently demonstrating signs of recovery, with its price climbing above $86,000, marking a 2.7% increase in the past day. Despite this recent uptick, BTC remains approximately 20% below its all-time high of $109,000, recorded in January. While the asset’s price action is known to be a focal point for analysis, on-chain data provides… Continue reading Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch→

Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?

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On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here’s what this could mean for BTC’s price. Bitcoin Transactions Have Seen A Significant Slowdown Recently As pointed out by CryptoQuant author IT Tech in a new Number of Transactions” from the market intelligence platform IntoTheBlock, which measures, as… Continue reading Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?→

Bitcoin’s Road To $1 Million: Expect A ‘Dip Then Rip,’ Bitwise CIO Says

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The road ahead for Bitcoin looks promising. At least, this is the prediction of Bitwise Chief Investment Officer Matt Hougan. According to the CIO, Bitcoin still has a big chance to hit $1 million by 2029 — despite its recent lackluster performance. In a March 18 investor note, Hougan explained how Bitcoin responds to economic… Continue reading Bitcoin’s Road To $1 Million: Expect A ‘Dip Then Rip,’ Bitwise CIO Says→

Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?

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Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have… Continue reading Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?→

Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst

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Bitcoin (BTC) continues to trade below the $85K level, fueling fears of further downside as the bearish trend remains intact. Bulls are losing momentum, failing to reclaim key resistance levels and hold lower demand zones, raising concerns about a potential continuation of the correction. Macroeconomic uncertainty and volatility remain key drivers of price action, with… Continue reading Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst→

Bitcoin Miner Selling Still Elevated, On-Chain Data Shows

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On-chain data shows the Bitcoin miners have continued to make large deposits to exchanges recently, a sign that could be bearish for BTC’s price. Bitcoin Miner Exchange Netflow Has Been Seeing Positive Spikes In a new netflow happening between miner-associated wallets and centralized exchanges. When the value of this metric is positive, it means the… Continue reading Bitcoin Miner Selling Still Elevated, On-Chain Data Shows→

Bitcoin Bulls Poised For Action As Market Flashes Bullish Divergence—Details

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Market watchers have taken notice of Bitcoin’s recent price swings after a notable surge in transactions from affluent individuals. Market observers think that this might lead to a brief price spike, even while larger economic worries still throw a shadow over the cryptocurrency scene. Crucial price levels that can signal the next big rise in… Continue reading Bitcoin Bulls Poised For Action As Market Flashes Bullish Divergence—Details→