In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
According to Spot on Chain, an alleged Celsius address deposited 8,091 ETH (approximately $24.5 million) into Coinbase 9 hours ago. This is the largest deposit the address has made in the last three months. The address had previously deposited 847,626 ETH (approximately $1.9 billion) to various...
With two days to go before Bitcoin's (BTC) halving, Joel Kruger, an analyst at fintech firm LMAX Group, told cryptocurrency media outlet Coindesk that he doesn't expect much upside momentum from the halving. "However, I do think there is room for a rally, as this is the first halving since the...
"Bitcoin could repeat its 2019 fakeout rally," Jason Pizzino, a popular YouTuber and cryptocurrency trader, said in a YouTube broadcast, according to the Daily Hoarder. "In the past few months, the price of Bitcoin has surged from around $2.5k to $7.4k. This is similar to what happened during the...
Blockchain analytics firm Arkham Intelligence has released a list of the top 10 richest people in crypto and the coins they hold. "We are releasing information about the coin rich on our platform," the company said. It did not explain how the list and coin details came to be known. Some of the...
According to DeCrypt, investment firm Bernstein has released a report that suggests Bitcoin miners are competing with artificial intelligence (AI) data centers in Texas. "Bitcoin mining is a task that requires the use of many computers and the energy that comes with it. The burgeoning AI industry...
The Hong Kong Securities and Futures Commission (SFC) has conditionally approved the proposed Bosera-Hashiki Bitcoin Spot ETF and Bosera-Hashiki ETH Spot ETF from Chinese asset managers Harvest Fund, Bosera Asset Management and Hashiki Capital, according to Foresight News. The asset managers'...
According to LookOnChain's analysis of Etherscan data, "USD297.9 million worth of USDT was transferred from Tether Treasury to Kraken and Bitfinex during the recent dip. The market has since started to rebound. The market has since started to rebound." However, it's unclear who this money is from...
"It's time for traders with a high ETH weighting in their portfolios to start rebalancing," crypto analyst Alex Krüger told X. "Personally, I thought ETH was going to surpass its all-time high, but the recent price action is not convincing. "Personally, I thought ETH could surpass its all-time...
Crypto data provider Alternative's self-estimated "Fear-Greed Index" rose two points from the previous day to 74. The greed stage was maintained. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme...
"The alleged address of Ethereum (ETH) creator Vitalik Buterin (starting with 0x220) currently holds 243,000 ETH (worth $758 million) in a privately owned SAFE (formerly Gnosis SAFE) multisig wallet," O'Daly said, citing Etherscan data.
Brian Dixon, CEO of Off The Chain Capital, a hedge fund specializing in cryptocurrency, told CoinDesk that "this halving may have a limited impact on the market unlike past halving events." "The basic logic is that when bitcoin halving occurs, the supply will decrease and the price will increase....
U.S. CPI rises 3.5% y/y in March, beating expectations The U.S. Department of Labor reported that the Consumer Price Index (CPI) rose 3.5% year-over-year in March, up from 3.2% in February. This was above market expectations of 3.4%. The underlying consumer price index also rose 3.8%...