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Bitcoin price saw a short-term correction below the $90,000 zone. BTC is now again rising and the bulls could now aim for a move above $94,000. Bitcoin started a fresh increase from the $86,600 zone. The price is trading above $88,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line… Continue reading Bitcoin Bulls Aren’t Backing Down: Rally Continues?
Bitcoin spent the weekend trading within a relatively narrow range of $91,700 to $88,700, demonstrating robust price action. Despite the lack of significant price movement, the consistent ability to hold within this range underscores Bitcoin’s current strength and growing market confidence. Key data from CryptoQuant adds further optimism, revealing a notable reduction in selling pressure.… Continue reading Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume
Recent market dynamics have seen the XRP price surging past the psychological $1 mark for the first time since 2021. This marked a significant milestone for the XRP price, which has spent the majority of the last three years trading below $0.6. The rally, driven by key market dynamics and specific holder activity, highlights the… Continue reading XRP Price Rockets Past $1: On-Chain Data Unveils Key Holder Cohort Behind Breakout
Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could… Continue reading Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?
Bitcoin recorded another remarkable price performance in the past week, gaining by 19.16% according to data from CoinMarketCap. The crypto market leader established a new all-time high at $93,434 on Wednesday, as odds of achieving a six-figure market price by year’s end are now higher than before. Amidst the current market euphoria, CryptoQuant analyst Amr… Continue reading Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?
Crypto analyst CryptoCon recently alluded to a Bitcoin ‘Golden Multiplier Ratio,’ which he suggested paints a very bullish picture of the Bitcoin price. Based on this, the analyst remarked that the party was just getting started, indicating that the flagship crypto is likely going much higher. Bitcoin Golden Ratio Multiplier Indicates Price Is Going Higher… Continue reading Bitcoin Golden Multiplier Ratio: Analyst Says The Party Is Just Getting Started
Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained her bullish outlook on Bitcoin, and her recent comments reinforce her optimistic projections for the largest cryptocurrency. Following Donald Trump’s electoral victory over Vice President Kamala Harris last week and Bitcoin’s recent surge to an all-time high of $93,250, investor… Continue reading Bitcoin Projected To Hit $1.5 Million By 2030, Says ARK Invest CEO Cathie Wood
Larry Dean Harmon of Ohio was officially sentenced Friday for running the darknet crypto mixer Helix over allegations that he had processed over $300 million worth of crypto tokens from 2014 to 2017. Harmon gets a three-year sentence, in addition to forfeiture of assets up to $400 million, for his role in laundering over $300… Continue reading Crypto Mixer Helix Founder Sentenced For Laundering $300 Million In Bitcoin
While Bitcoin has faced strong bullish momentum in recent weeks, achieving new all-time highs consistently for days, Ethereum has been an underperformer, unable to catch up with BTC’s bullish pace. Even compared to other crypto assets (altcoins) in the market, Ethereum has failed to make a major rally that melts faces. Instead, as Bitcoin achieved… Continue reading As Bitcoin Rises, Why is Ethereum Struggling To Catch Up? Analyst Explains
According to the latest on-chain data, the Bitcoin Network Value to Transactions (NVT) Golden Cross has fallen into a crucial region. What could this mean for the price of the premier cryptocurrency? What Does The Falling NVT Golden Cross Mean For Price? In a recent Quicktake post on the CryptoQuant platform, an analyst with the… Continue reading Bitcoin NVT Golden Cross Signals ‘Local Bottom’ — What’s Next?