Category: Bitcoin

Crypto trader and influencer Lark Davis says a number of indicators are signaling that the end of the Bitcoin rally is still nowhere in sight, despite the recent correction. In a new video, Davis names four well-known indicators to show that the world’s largest crypto asset by market cap still has gas in the tank.

April 14 was considered by many crypto enthusiasts all over the world as a watershed moment for the digital asset industry, as it marked the day when Coinbase, one of the largest crypto trading platforms in the world, made its debut on Nasdaq via a direct listing. As one can imagine, the lead up to

The chief investment officer of investment giant Guggenheim has repeated warnings that Bitcoin (BTC) will crash to $20,000. In an interview with CNBC on April 20, Scott Minerd warned again that Bitcoin could lose half of its value in a pullback. Familiar Bitcoin bear target resurfaces “Given the massive move we’ve had in bitcoin over

Digital asset custody firm BitGo has expanded its cold storage insurance program, raising its insurance capacity by $600 million. BitGo debuted its crypto insurance program through global insurance and reinsurance market Lloyd’s of London in 2019. This enabled BitGo clients to acquire insurance for their digital assets held on BitGo’s Business Wallet service and Custodial

A prominent analyst who nailed Bitcoin’s ascent to around $19,000 back in July is mapping out the key levels for the leading crypto asset amid marketwide uncertainty. In a new tweet, the crypto strategist known as Jack Sparrow tells his 154,900 followers that the $1 trillion market cap level, which is around $53,500, is a

Bitcoin (BTC) is seeing a tsunami of new user adoption as a backdrop to prices likely bottoming at around $52,000, say analysts. In a series of tweets on April 20, statistician Willy Woo led calls for calm about Bitcoin’s recent price dip and subsequent lingering $9,000 below recent all-time highs. $1 trillion cap has created

Bitcoin (BTC) price is making a slow recovery after facing a sharp 16% correction in the early hours of April 18. While some analysts blame a 9,000 BTC deposit at Binance, others focused on the hashrate drop caused by a coal mining accident in China. Regardless of the reason behind the $51,200 low, options market

Prominent analyst Willy Woo says that investors with diamond hands have bought the massive capitulation that drove Bitcoin from $59,000 to about $52,000 in a matter of hours. In a new tweetstorm, Woo looks at on-chain data to determine the factors that led to the violent sell-off. According to the on-chain analyst, a power interruption

Amid the continuing correction in Bitcoin and the broader crypto markets, top analyst PlanB believes that the BTC bull market is far from over. In a new tweet, the crypto analyst known for being the first to apply the stock-to-flow (S2F) ratio to Bitcoin says that the sell-off that witnessed BTC plunging from $60,000 to

The price of Bitcoin (BTC) was struggling to stay above $56,000 on April 20, which whale clusters pinpointed as a crucial short-term price level. Yet, the U.S. dollar index (DXY) has continued to fall in recent weeks, dropping to its lowest point in seven weeks to 90.85. Bitcoin (blue) vs. DXY (orange) Source: TradingView Why