Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders […]
US Bitcoin Corp – a North American Bitcoin mining firm – has been ordered to cease operations by a State Supreme Court Justice, or face penalties of $10,000 per day. If the miner continues to […]
In today’s analysis, BeInCrypto takes a look at one of the better-known on-chain indicators for Bitcoin: Net Unrealized Profit/Loss (NUPL). Bitcoin (BTC) positive price action in the first weeks of 2023 caused the indicator to […]
Certain Bitcoin investors are selling while they can after the primary cryptocurrency reclaimed $23,000 earlier this month, according to Glassnode. The blockchain intelligence provider’s latest report reviews recent on-chain behavioral patterns exhibited by both short […]
A United States appeals court is set to hear the oral arguments relating to Grayscale Investment’s lawsuit against the Securities and Exchange Commission (SEC) over its decision to deny Grayscale’s Bitcoin (BTC) spot exchange-traded fund […]
Coinbase’s Brian Armstrong was called out on Twitter for suggesting that Brazil and Argentina look into Bitcoin as a currency. The two countries will start discussions for a common currency this week. Coinbase CEO and […]
Bitcoin prices have pushed higher over the weekend, continuing the rally that began with the new year. The asset has now notched up a 45% gain since its cycle low of $15,665 on November 22. […]
Bitcoin (BTC) is in for a new “big rally” as market strength copies conditions from after the 2018 bear market. According to the latest analysis, BTC/USD will continue to head higher “after some consolidation” thanks […]
Flagship digital asset Bitcoin surged past $23,000 for the first time since August 2022, continuing its bullish start to 2023. Coinglass data showed that BTC’s rally liquidated $112.2 million in short positions against it over […]
Bitcoin is continuing its weekly rally with a push beyond $22,000, bringing the crypto market back to a market cap of over $1 trillion. The pump has triggered another avalanche of liquidations across digital asset […]
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