In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
Grayscale, the issuer of the Bitcoin spot ETF GBTC and crypto asset manager, has released a report declaring that “a renaissance has arrived in the Bitcoin ecosystem. The world's first public blockchain is evolving,” the report said. “The success of Audience, Inscription, and others has sparked a...
Bitcoin has defended the $59,600 support level but failed to reach the 20-day exponential moving average (EMA) at $62,650, Cointelegraph reports. “If $59,600 is broken, the price could retest the previous one-day low of $56,552,” the outlet said. This level is expected to attract buyer interest,...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose one point to 57 from the previous day. The greed phase continued with a slight improvement in confidence. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings...
It has been confirmed that about 366 BTC (about 31.5 billion won as of May 10) was deposited into the wallet of Terraform Labs founder Kwon Do-hyung, according to Digital Asset. The media reported, “Approximately 366 BTC was transferred to Kwon Do-hyung's wallet in twelve transfers from seven...
Daniel Yan, co-founder of cryptocurrency service provider Matrixport, told X: “Ethereum (ETH) is disappointing from both a fundamental and technical perspective. A break below $2,950 on a daily basis could easily break the $2,500-$2,600 range.” Ethereum is currently trading just below $2,950....
“Bitcoin is two days away from exiting its post-halving ‘danger zone’,” Cointelegraph reports, citing multiple analysts. An unnamed crypto trader at Rekt Capital said: “BTC has tended to fall for weeks after halving, with two days left in the danger zone. Even after this halving, BTC touched the...
MAGA, a meme coin themed after former US President Donald Trump, surged 78% on Monday (local time) after the Republican presidential candidate made cryptocurrency-related comments. On August 8, Trump answered “yes” to a question at a dinner he hosted in Florida when asked if his campaign could...
Bithumb has announced that it will prepay the 40 billion won tax penalty imposed on Bithumb Airdrop users by South Korea's National Tax Service. “Bithumb will cover not only the KRW 20.2 billion won in taxes that have already been paid, but also the approximately 19 billion won in taxes that will...
Ethereum (ETH) creator Vitalik Buterin has endorsed a major overhaul to address the limitations of the current gas fee system, Cryptopolitan reported on Monday (Nov. 9). According to the report, Ethereum currently uses a unified system where various computational efforts such as transactions,...
“Bitcoin's -20.3% correction from its all-time high near $73,000 marks the largest correction since the November 2022 FTX low,” on-chain analytics firm Glassnode reported via Official X. “However, the current macro uptrend is historically resilient. However, the current macro uptrend remains the...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose 11 points from the previous day to 66. The greed phase continued with improved sentiment. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100...
K33 Research Senior Analyst Vetle Lunde said that the potential $10.5 billion worth of crypto selling pressure from Mt. Gox and Gemini is weighing on the market. The amount of BTC that Mt. Gox and Gemini owe back to their users is 141,000 BTC and 27,600 BTC, respectively. Combined, that's roughly...