Bitcoin / 629 posts found
Bitcoin’s Current Price Pattern Is Dangerous, This Is How You Can Overcome, Claims Analyst
Bitcoin The world’s first cryptocurrency, Bitcoin has now reclaimed $23,000 level and is strongly headed towards $24,000 price level. All this comes while the US enters the recession stage with its GDP dropping at -0.9%. However, a popular crypto analyst believes that bitcoin org bitcoin org Event OrganiserTechnology Followers : 0 View profile is about to form a pattern that will leave the crypto space with a negative impact. The analyst who is anonymously known as Inmortal informs his 174,000 Twitter fanbase that Bitcoin had recently established a consolidation pattern which was followed by present surge and then a decline in […]
Kraken Daily Market Report for July 28 2022
Cryptocurrency Cryptocurrency Overview Daily spot trading volume: $848.4 million, 30 day average spot: $572.5 million. Total futures notional: $224.7 million. The top five traded coins were, respectively, Ethereum (↑5.4%), Tether (↓0.02%), Bitcoin (↑3.9%), USD Coin (↑0.0%), Solana (↑6.9%). Strong returns from Livepeer (↑37%), Yearn Finance (↑29%), and Ethereum Classic (↑24%). July 28, 2022 $848.4M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD ETH $1725.49 ↑5.4% $221.7M USDT $1.00 ↓0.02% $220.0M BTC $23858.70 ↑3.9% $211.7M USDC $1.00 ↑0.0% $62.6M…
Bitcoin Miners’ Balance Hits 4-Year High: Glassnode
Bitcoin miners’ balance has reached a four-year high. According to Glassnode’s latest data, the figures have surpassed 1,845,303 BTC. Bitcoin Miners Hodling Again From the great Chinese migration in 2021 to the ongoing bear market, the miners of the BTC network went through many challenges, including a shift in profitability. However, it appears that they are “hodling” again. The trajectory for the total supply held in miner addresses has been consistently upwards since the beginning of the year despite minor setbacks along the way, as per the data. 📈 #Bitcoin $BTC Miners’ Balance just reached a 4-year high of 1,845,303.361 […]
Kraken Daily Market Report for July 27 2022
Cryptocurrency Cryptocurrency Overview Daily spot trading volume: $717.9 million, 30 day average spot: $562.8 million. Total futures notional: $200.9 million. The top five traded coins were, respectively, Tether (↑0.02%), Bitcoin (↑8.0%), Ethereum (↑13%), USD Coin (↑0.0%), Solana (↑11%). Strong returns from CSM (↑54%), Lido DAO (↑32%), and Ethereum Classic (↑30%). July 27, 2022 $717.9M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $1.00 ↑0.02% $207.9M BTC $22964.30 ↑8.0% $197.7M ETH $1637.83 ↑13% $161.5M USDC $1.00 ↑0.0% $50.7M…
Bitcoin And Ethereum Pump Above 10% Despite Negative U.S. GDP Report
Summary: Leading cryptocurrency Bitcoin traded higher than $23K on Thursday. The top coin enjoyed a slight rally following Wednesday’s FOMC meeting. America’s Q2 GDP report was also released with the figure at -0.9%. The number signaled a recession per technical definition although authorities opined differently. Crypto coin prices flashed green regardless of the news with market leaders Bitcoin and Ethereum both in double-digit gains. The total crypto market cap is also above $1.1 trillion at press time. Major alts like Solana are up in gains as well. Bitcoin stayed green on Thursday after the U.S. GDP report revealed negative numbers […]
MicroStrategy Stocks Plunged 10% After a Downgrade to “Underporformance”
Cryptocurrency Jefferies analyst Brent Thill downgraded the software analytics provider to “underperform” from “hold” as the ongoing crypto shambles failed to demonstrate strong signals for a market reversal. The downgrade that categorized the stock from “hold” to “underperformance” maintained its price target at $180. Following the news and bitcoin dipping below $21,000 on Tuesday, shares of Microstrategy went down over 10% to $237. With the total market cap at $2.8 billion, MicroStrategy now holds 129,200 BTC worth approximately $2.7 billion. After spending nearly $4 billion on accumulating its stash, the NASDAQ-listed giant sits on an unrealized loss of a whopping […]
