Tag: Bitcoin

[ad_1] Bitcoin gained pace and even spiked above the $22,000 resistance against the US Dollar. BTC is correcting gains, but dips might be limited below $21,500. Bitcoin was able to clear the $21,200 and $21,500 resistance levels. The price is now trading above $21,500 and the 100 hourly simple...

[ad_1] Bitcoin (BTC) has been in a rut, and BTC’s price is likely to stay in its current downtrend. But like I mentioned last week, when nobody is talking about Bitcoin, that’s usually the best time to be buying Bitcoin.  In the last week, the price took another tumble,...

[ad_1] The Bitcoin price is hanging by a thread as it retraces its gains from yesterday’s trading session. Once again, macroeconomic forces seem to be taking over the price action as the number one cryptocurrency by market capitalization looks into the abyss of a potential fresh leg down. At...

[ad_1] Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all cryptocurrency exchanges collaborate with authorities. A centralized exchange is a cryptocurrency exchange that...

[ad_1] Data shows the Bitcoin aSOPR has recently been rejected from the neutral level as weakness continues to clutch the market. Bitcoin aSOPR Rebounds From The “1” Mark As Investors Sell The Rally As per the latest weekly report from Glassnode, the “get my money back” effect strikes the...

[ad_1] Data shows the Bitcoin miner reserves have continued to trend downwards recently, suggesting that miners have been dumping their coins. Bitcoin Miners Have Been Withdrawing From Their Wallets In Recent Days As pointed out by an analyst in a CryptoQuant post, BTC miner reserves have been observing negative...

[ad_1] Despite the latest correction in the crypto market, the total number of Bitcoin whales has increased substantially in the last few months. On 18 August, the number of BTC addresses with at least 10 coins touched 149,961, which is the highest level since February 2021. Take Advantage of...

[ad_1] In the 13 years of its existence, Bitcoin has risen from obscurity to $1 trillion highs, settling over $60 trillion in total transfer volume along the way. Despite these feats, Bitcoin’s decentralized design limits it to a mere 7 transactions per second. In times when demand to use...

[ad_1] Bitcoin follows what Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, calls an “enduring trajectory”. The benchmark crypto is one of the best-performing assets in history, as the expert said in a recent report, and might be on track to record fresh gains in the second half of...

[ad_1] Bitcoin is facing a key resistance near the $23,500 zone against the US Dollar. BTC must clear $23,500 to avoid a fresh bearish reaction in the near term. Bitcoin is struggling to rise and trading below the $23,500 level. The price is now trading below the $23,200 level...