In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
Arthur Hayes, founder of BitMEX, wrote on his blog that he only made 2 out of 8 market predictions last year. That's a 25% success rate, which is pretty bad for a layman. We recognize that short-term predictions are difficult. However, I am confident in the volatility supercycle theory that...
Crypto on-chain analyst AmberCN reports via X that “the initial anonymous whale, which bought 21,636 ETH in 2016 at an average price of $6.9, has sold 10,485 ETH ($2,753) in the last five days. The whale has sold a total of 13,385 ETH to date, at an average selling price of $2,703.”
The number of wallets holding 1-100 BTC is on the decline, Cointelegraph reports, citing data from BitInfoCharts. The data shows the percentage change in BTC-holding wallets between October 1, 2023 (local time) and September 23, 2024. According to the data, wallets holding less than 0.0001 BTC...
Glassnode co-founders Jan Happel and Yann Allemann, who share an X account under the name Negentropic, wrote: “Altcoins are chasing Bitcoin's bullish momentum. The market is currently on the cusp of altcoin season, and this trend is likely to intensify as BTC breaks its all-time high (ATH) and...
With former Binance CEO Changpeng Zhao set to be released from prison on September 29th (local time), BeInCrypto reports that five altcoins are likely to see an uptick in value. BNB is one of the most prominent coins expected to see price movement following Zhao's release from prison. “BNB is...
During a hearing on the Securities and Exchange Commission (SEC) held by the U.S. House of Representatives' Financial Services Committee on March 18 (local time), Congressman French Hill criticized SEC Chairman Gary Gensler's approach to regulating cryptocurrency companies, saying that it is...
“The risks to upside inflation have declined, but the risks to a weakening labor market have increased somewhat,” said Fed Chair Jerome Powell in a post-FOMC press conference. “That said, our decision today reflects our confidence that labor market strength can be sustained. Over the past three...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose four points from the previous day to 49. The improvement in sentiment moved the index from fear to neutral. The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close to...
Arthur Hayes, co-founder of BitMEX, told X: “With the dollar/yen exchange rate dropping to around 140 yen (dollar appreciation), it looks like we're in goblin town (bear market) once again. It remains to be seen if BTC can hold up.”
According to Cointelegraph, Bitfinex reports, “Altcoins have remained relatively strong despite BTC's recent decline. This suggests that the mindset of crypto investors is changing. They are realizing that Bitcoin is not the only safe haven in the face of growing market uncertainty,” the analyst...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” fell three points from the previous day to 26. The fear phase continues with a slight contraction in confidence. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings...
Jim Bianco, founder of macro and ETF research firm Bianco Research, told X: “Most of the inflows into Bitcoin spot ETFs are existing holders moving funds into TradFi accounts, with very little new inflows. Only retail investors are buying ETFs, and some investors who are losing money are exiting...