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Analysis
Don’t expect another 2017-style altseason as Ethereum continues slump vs. Bitcoin
While Bitcoin (BTC) is showing strength through new higher highs and making a new yearly high, Ethereum's Ether (ETH) shows weakness, particularly the ETH/BTC…
3 reasons Bitcoin suddenly dropped 3% in 1 hour and recovered
Three factors likely triggered a quick decline in the price of Bitcoin (BTC) on Oct. 25. First, traders pinpoint the $13,300 to $13,500 area as a major resistance…
JPMorgan turns bullish on Bitcoin citing ‘potential long-term upside’
JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards…
CME becomes 2nd biggest Bitcoin futures market
The CME Bitcoin futures market overtook Binance Futures to become the second-biggest Bitcoin (BTC) futures exchange by open interest. The data shows that the…
Bitcoin now has a 7% chance of beating $20K highs in the next 2 months
Bitcoin (BTC) has a 7% probability of beating its $20,000 all-time highs by the end of this year, data shows.According to data from on-chain analytics resource…
Bitcoin top signal from 2017 reappears, but here’s why it may not matter this time
In 2017, the price of Bitcoin (BTC) reached as high as $20,000 before crashing rapidly. Now, the same on-chain top signal has reemerged, according to researchers…
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Bitcoin breaks above $12.3K after PayPal says Venmo will become a BTC wallet
Bitcoin (BTC) gained almost 5% on Oct. 21 as bullish price action combined with fresh corporate adoption news to boost gains.Cryptocurrency market daily…
Breakout or fakeout? Top traders react to Bitcoin price rally to $12K
Within the past few hours, Bitcoin price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000,…
‘Old hands selling out’ metric shows Bitcoin price at risk of HODLers dumping
Old hands are selling their Bitcoin (BTC) holdings, according to Glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous…
Will the dollar’s weakness result in Bitcoin finally breaking $12,000?
Historically, a weaker United States Dollar leads to strength across other “safe haven” assets. By analyzing the correlation, such momentum and conclusion can also…
Ascending channel Bitcoin price breakout possible despite OKEx scandal
Earlier this week Bitcoin (BTC) price entered a bullish breakout to $11,725 following the previous week’s news that Square purchased $4,709 BTC but since then the…
Bouncing ideas around tokenomic design – Cointelegraph Magazine
Jack Lu, 23, was struck by the idea for his new DeFi platform Bounce while working on his thesis on game theory and cryptocurrency at Reed College in…
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Multiple data points suggest Bitcoin’s 2017-style bull run has begun
Last week, Bitcoin (BTC) saw its price rise 6.95%, rising from $10,804 on October 5 to $11,555 by October 12. The surge marked the best performing week for the…
Ethereum price back on track to $500 once bulls flip $400 to support
On Oct. 12 the price of Ether (ETH) soared 8.15% to reach a new monthly high at $387.75 on Binance. The rally from $366 to as high as $387.50 occurred as Bitcoin…
$17K Bitcoin price a real possibility if bulls flip $12K to support
Bitcoin (BTC) price had been acting inside a narrow range for the last few weeks but the momentum and trend shifted as a bullish breakout occurred on the…
More investors HODL Bitcoin in anticipation of a 2021 BTC bull market
New data shows Bitcoin’s (BTC) current price action is showing higher levels of ‘HODLing’ activity than previous bull cycles.According to on-chain analyst Willy…
Bullish trend reversal underway as Bitcoin price holds above $11,000
Within the last few hours, Bitcoin (BTC) price surpassed $11,000 in a swift turnaround from its swing low at $10,500 in early October. Analysts have attributed…
Bitcoin price turns bullish on Square’s $50M BTC purchase: Is $11K next?
The number of Institutional investors stepping in to Bitcoin continues to increase and this appears to be inspiring some newfound confidence in Bitcoin price. Just…
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Key Bitcoin price metric at 10 week low after traders close long positions
October has barely started and the price action in the crypto markets has been both exciting and worrisome. Bitcoin (BTC) has seen a strong $10.9K rejection and a…
3 key on-chain metrics point to a bullish reversal in Ethereum price
While Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building.Santiment,…
