In the week that ended November 5th, Ethereum recorded $31.4 million in inflows, Solana registered $9.6 million in inflows while Polkadot and Cardano recorded $8.5 million and $5 million in inflows, respectively. …Read the full story
Crypto market strategist Dave the Wave tells his 82,700 Twitter followers that Bitcoin is appreciating within a rising channel with an upside around $75,000 and a downside around $55,000. As Bitcoin continues its ascent higher, the trader is also keeping a close eye on the low-cap altcoin Verge . Currently, XVG is trading at just […]
The executive also said that he doesn’t fully understand the concept of stablecoins, and finds himself wondering if each one is actually backed by a dollar. Last month, Bank of America released research detailing what it saw as an explosion of new potential coming from the blockchain and digital asset space. …Read the full story
The metric divides the total value of the Bitcoin network by the total transaction volume flowing through the BTC blockchain and then smooths it out with a moving average. On a longer-term basis, the closely followed analyst has also his eye on another indicator that he says is bullish for Bitcoin. “No matter what happens […]
In a new strategy session, Cowen tells his 597,000 YouTube subscribers that he thinks Bitcoin is in a massive reaccumulation range. “This is where we started, right around $28,000, $29,000… That was the beginning of 2021. …Read the full story
The trader is using the Elliott Wave theory, a technical analysis approach that predicts future price action by following the psychology of market participants that manifests in waves. “Just by looking at some heatmaps, you can tell how bullish things are looking. …Read the full story
11% is all the available Ethereum that you could buy if you went into the marketplace, and we’ve got that demand shock going on in front of our eyes. …Read the full story
The popular analyst tells his 85,000 followers that he has his eye on the US dollar index , which compares the USD to a basket of other major fiat currencies. Bennett says the DXY is about to approach the bottom of an ascending channel. Looking at Bitcoin in the short term, Bennett predicts BTC consolidating […]
Kraken says it is keeping an eye on the HODL waves metric, which shows the percentage of BTC supply that has remained dormant over a specific period. During the nearly five-month period, old coins grew 10.9 percentage points to 51.6%, while young coins fell -11.8 percentage points to 25.49%, the lowest figure since November 2018 […]
If it got to the point that everything was being done with crypto and it didn’t pass through governments for observation and taxation and all of that, governments would just disallow it. …Read the full story
The second wallet received 34,088.9329 Bitcoin, currently worth $2.11 billion, which it still holds. Bitcoin is up 1.7% in the past seven days, according to CoinGecko. …Read the full story
This is what adoption looks like – it maybe not what you want, but it is what it is. …Read the full story
Whereas I think here, by most indicators, you’ve not seen Bitcoin reach those lofty heights of euphoria that you’ve seen in prior highs. But if it were to get to a very high level, I do think you’d have a longer cool-off period. …Read the full story
Vays says that one more green daily close would put BTC very near $64,000, which is what he calls the “breakout line” for the king crypto. …Read the full story
However, Kaleo says that after the big rallies, the bears will take over the crypto markets. …Read the full story
Currently, Bitcoin trading is limited to only Switzerland. …Read the full story
