Category: Bitcoin

On-chain analyst Will Clemente is unveiling the group of buyers who he believes to be accumulating Bitcoin in the midst of BTC’s sustained sell-off. In a new tweet, Clemente tells his 37,100 followers that owners of Bitcoin wallets that were created in the last three months are selling their BTC stack. “Younger, inexperienced wallets are

Crypto trader and influencer Ben Armstrong is explaining why it is crucial for Bitcoin to hold the $47,000 level. In a new video, Armstrong tells his 849,000 subscribers that if Bitcoin, which is hovering around $52,000 at time of writing, moves below the $47,000 range, it will be a significant level to have lost considering

Trevor Lawrence, the presumptive number one pick in the upcoming National Football League, or NFL, draft has signed an endorsement deal with crypto portfolio tracking platform Blockfolio. According to a report on Monday by the New York Times, the quarterback prodigy has already received the signing bonus from the Blockfolio endorsement deal in crypto. Commenting

The CEO of on-chain analytics firm CryptoQuant is revealing a key indicator he’s watching before he starts betting big on Bitcoin. In a recent tweet, Ki Young Ju says he’s waiting for the mean inflow of Bitcoin to crypto exchanges to cool off before placing a huge leveraged long position on the leading cryptocurrency. “This

Roughly $150 million worth of shorts were liquidated within a span of hours as the price of Bitcoin (BTC) rose from around $47,000 to over $53,000 on April 26. The cryptocurrency market as a whole saw a strong short squeeze, as Ether (ETH), Binance Coin (BNB), and other major cryptocurrencies also rose by around 15%

Bitcoin (BTC) is keeping bulls and bears guessing as it opens a new weekly candle in the green, heading away from $50,000. After an uneventful but uninspiring weekend, BTC/USD has begun Monday by reclaiming $53,000 for the first time since April 22. What could lie in store? Cointelegraph takes a look at five factors that

Investment strategist Raoul Pal has identified that Bitcoin’s fortnightly relative-strength indicator, or RSI, recently fell to levels not seen since the “Black Thursday” crash of March 2020.  The Global Macro Investor and Real Vision Group CEO also noted Bitcoin’s weekly RSI has crashed to levels comparable to that of the corrections produced during “the first

Corrections in a bull phase are usually a bullish sign as they reduce the frothy excitement and allow stronger hands to enter the markets. However, the recent correction in Bitcoin (BTC) from its all-time high at $64,849.27 does not seem to have scared novice traders.  Data from DappRadar shows that decentralized exchange volumes have picked

The CEO of crypto intelligence firm Messari says that the Biden administration’s proposed tax hike on capital gains could be bullish for crypto and the decentralized finance (DeFi) space. In a new interview on CNBC, Ryan Selkis says that investors may turn to DeFi amid plans to increase the federal capital gains tax rate to