In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
Bitcoin's (BTC) 200-day moving average is at an all-time high of $51,178. This is a key technical indicator for predicting long-term Bitcoin price trends, suggesting a bullish long-term outlook, according to blockchain news outlet Cointelegraph. The indicator peaked on April 6, according to...
The whale address known as “Mr. 100” (starting with 1Ay8v) added 300 BTC on May 7, according to crypto analyst HODL15Capital (@HODL15Capital). This comes four days after adding 400 BTC on the previous three days. The address now holds approximately 65,962.20 BTC.
“Grayscale has just withdrawn its 19b-4 (formal request for review) filing for an Ethereum futures ETF,” Bloomberg ETF analyst James Seifart told X. “In my opinion, the filing was essentially a Trojan horse strategy, designed to create the same situation that Grayscale won in the GBTC lawsuit.”
LookOnChain reports via X that “A wallet that has been dormant for 10 years made an external transfer of 687.33 BTC ($43.94 million) today. The address received the transfer in January 2014 for a flat rate of $917.” Meanwhile, “A whale that bought ETH a year ago appears to be selling ETH to take...
James Check, lead on-chain analyst at Glassnode, wrote on his X that “Bitcoin selling pressure has decreased dramatically compared to two months ago. This is due to more long-term investors wanting to hold BTC,” he said. “The Value Days Destroyed (VDD) multiples have cooled down over the past few...
Bitcoin collapsed to $64,000 on news that the Securities and Exchange Commission (SEC), the U.S. securities regulator, has sent a “wealth notice” to Robin Hood, the mecca of American ants (retail investors), regarding cryptocurrency (virtual currency) trading. Bitcoin is currently trading at...
The US Securities and Exchange Commission (SEC) has delayed its decision on whether to approve an Ethereum (ETH) spot ETF proposed by Galaxy Digital and Invesco, according to an account on crypto market insights platform Unfolded X.
According to Cointelegraph, Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, said, “I think bitcoin has bottomed with the recent decline. “I think Bitcoin has bottomed out from the recent decline, and I think we're going to see a gradual recovery through August, with the price...
“After two trading days, Hong Kong's three Bitcoin spot ETFs now hold 4,088 BTC,” crypto analyst HODL15Capital (@HODL15Capital) reported via X. “ChinaAMC led the way with 2,008 BTC, while China Exchange Traded Funds (ETF) held 4,088 BTC. China AMC holds 2,003 BTC, Harvest holds 1,086 BTC, and...
“The U.S. Securities and Exchange Commission (SEC) will classify Ethereum (ETH) as a security and deny approval of spot ETFs applied for by a number of asset managers,” Michael Saylor, CEO of Microstrategy (NASDAQ: MSTR), the largest single holder of BTC outside of bitcoin spot ETFs, said at a...
According to cryptocurrency options exchange Deribit, $13.8 billion worth of Bitcoin options will expire at 17:00 UTC on May 3. The put/call ratio is 0.49 and the max pain (the price at which the most option buyers lose premium) is $61,000. At the same time, $9.9 billion worth of Ethereum options...
Bloomberg ETF analyst Eric Balchunas reports via X that “final data from the first day of Hong Kong's cryptocurrency spot ETFs are in. Hong Kong crypto spot ETFs saw total inflows of $292 million on the first day. Ethereum spot ETF inflows accounted for 15% of that total. While this is much more...