In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
14 Years Dormant Bitcoin Wallet Moves 2,000 BTC A Bitcoin (BTC) wallet that has been dormant for about 14 years has moved 2,000 BTC mined in 2010 out of Coinbase. Cryptocurrency developer @mononaut reports that a 14-year-old wallet that held a majority of the Bitcoin mined in 2010 has moved 2,000...
As the bitcoin market recovers from last week's correction and reclaims the $70,000 mark, an analysis suggests that this cycle's rally could be even faster due to ETFs. In a recent report, Swiss crypto commodities exchange 21Shares concluded that the current halving cycle could see a faster rally...
Crypto data provider Alternative's self-estimated "Fear-Greed Index" rose six points from the previous day to 81. The improved sentiment has shifted from the greed stage to the extreme greed stage. The index indicates extreme fear in the market as it approaches zero, and extreme optimism as it...
Last week saw the first weekly net outflows from BTC spot ETFs, pushing the BTC price lower. This suggests that the market is more focused on ETF flows than fundamentals. Specifically, Grayscale GBTC saw outflows totaling $1.83 billion over four days, which some have linked to selling pressure on...
Cathie Wood, CEO of Ark Investments, has claimed that the price of bitcoin (BTC) will eventually reach $3.8 million, citing changing global economic market dynamics. Speaking at a conference in New York City on Wednesday, Cathie Wood pointed to the declining value of traditional investment assets...
Renowned cryptocurrency expert Ali Martinez has predicted a drop in the price of Ethereum, citing the large amount of ETH that began to be deposited on exchanges earlier this month. Martinez tweeted on his X account on Wednesday that about 420,000 ETH have been deposited on exchanges in the past...
According to cryptocurrency options exchange Deribit, $1.66 billion worth of bitcoin options will expire on March 22 at 17:00 UTC. The put/call ratio is 0.57 and the maximum pain (the price at which most option buyers lose their premium) is $67,000. At the same time, Ethereum options worth $8.8...
The price of Ethereum (ETH) could exceed $5,400 in 2024, according to a new report by Bitfinex, a leading cryptocurrency exchange, Cointelegraph reported. Bitfinex analysts said, "We expect ETH to reach oversold conditions this year. However, by the time it reaches that level, the highs could be...
Crypto on-chain analyst Willie Wu told X (formerly Twitter) that bitcoin may have bottomed out. "There is good news and bad news regarding bitcoin's fundamentals," he said. "The SOPR (a metric that measures whether holders are selling assets at a profit or loss) has peaked at a very high level....
According to CoinsPot, JPMorgan has released a report stating that bitcoin is still overbought. "Futures prices remain elevated relative to spot prices. "The BTC price has been on a downtrend since the beginning of the week. We expect the pressure to intensify. We could see a drop to the $40,000...
The price of cryptocurrency giant Bitcoin (BTC) has been fluctuating between $68,000 and $64,000 over the past 24 hours. Following the Fed's dovish comments the day before, the BTC price seemed to gain momentum and regained the $68,000 level intraday, but failed to break through the $68,000...
Reddit, a U.S. social networking company that went public on the New York Stock Exchange on November 21 (local time), soared nearly 50 percent on its first day of trading. On the New York Stock Exchange, Reddit closed its first trading session at $50.44, up 48.4 percent from its IPO price. Reddit...