Tag Archives: btcusd

Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

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Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various… Continue reading Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows→

SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

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The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency’s relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto… Continue reading SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’→

Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time

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Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed.  Bitcoin Prices Flashes Fractal Similar To October 2023 TradingShot mentioned in a Bitcoin price currently… Continue reading Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time→

Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?

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Bitcoin price extended losses and traded below the $61,850 zone. BTC is now holding the $60,000 support, but it remains at risk. Bitcoin is struggling to start a fresh increase above $62,850 zone. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?→

Bitcoin Price Fails At MA-200, Is A Crash To $52,000 Coming?

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Following its most recent failure to break the MA-200, suggesting that the uptrend may only be temporary and a larger crash could be at play. Why The Bitcoin Price Failing At MA-200 Is Bad Crypto analyst RLinda revealed in a TradingView post that the Bitcoin price had actually tried to break the M1-200 level. This… Continue reading Bitcoin Price Fails At MA-200, Is A Crash To $52,000 Coming?→

Bitcoin Price Crash To $62,000 Was Led By This Holer Cohort, Data Shows

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The Bitcoin price is still recovering from a major dip to $60,000 in the first three days of October. As the bulls and long-term holders continue to capitalize on the dip, analysis of on-chain data has revealed that the selling pressure has been eased massively as the majority of short-term holders have exited the market.… Continue reading Bitcoin Price Crash To $62,000 Was Led By This Holer Cohort, Data Shows→

Bitcoin Price Turns Green In October Once Again, Is The Bull Run Here?

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The Bitcoin price started out the month of October on a rather bearish note with a notable 10% drop in price from $66,000 back down to $60,000. This put a damper on the “Uptober” sentiment as selling pressure mounted. However, the weekend turned out to be bullish for the Bitcoin price and the pioneer cryptocurrency… Continue reading Bitcoin Price Turns Green In October Once Again, Is The Bull Run Here?→

Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions

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After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC).  While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price manipulation in the Bitcoin market before its… Continue reading Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions→

Only 43 Tokens Have Outperformed Bitcoin This Year, Most Of Them Memecoins

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In a year marked by significant volatility in the cryptocurrency market, memecoins have emerged as key players, outperforming Bitcoin (BTC) and the rest of the largest cryptocurrencies in the ecosystem.  This trend was underlined by recent insights from market expert Miles Deutscher, who highlighted a presentation by memecoin analyst Murad at the TOKEN2049 conference in… Continue reading Only 43 Tokens Have Outperformed Bitcoin This Year, Most Of Them Memecoins→

Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet

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The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be… Continue reading Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet→