Looking to invest in Bitcoin? Find out why short-term HODLers are flooding the market with supply as Bitcoin consolidates above 37k. Get the latest insights in human touch language. After reaching a high of $37,000 and repeatedly testing resistance at $38,000, Bitcoin (BTC) saw a slight pullback as traders chose to capitalize on their gains ...
Thinking of investing in cryptocurrencies? Bitcoin has seen a 120% increase this year, but there are other options to consider. Learn about four other cryptocurrencies to buy, hold, or sell in this insightful guide. Whether you’re new to the game or a seasoned investor, we’ve got you covered with all the information you need in ...
Crypto whales have been spotted ditching their Ethereum (ETH)-based altcoins just before a significant 40% market correction, according to on-chain data analysis. Cryptocurrency whales have once again made waves in the market, this time by selling off millions of dollars worth of yearn.finance (YFI) over the weekend. On-chain data revealed that one wallet deposited nearly ...
With the current volatility in the cryptocurrency market, it’s crucial to carefully evaluate whether selling Bitcoin Diamond on Saturday is the best move for your investment strategy. InvestorsObserver gives Bitcoin Diamond an average long-term technical score of 48 from its research. The proprietary scoring system takes into account the historical trading patterns from recent months ...
The launch of bitcoin ETFs is unlikely to follow the traditional “buy the rumor, sell the news” pattern, as it represents a significant milestone in the mainstream adoption of cryptocurrency and is expected to drive long-term investment and institutional interest. Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. The crypto space ...
The launch of bitcoin ETFs is poised to disrupt the traditional finance industry and provide a new avenue for mainstream investors to access the cryptocurrency market, making it a significant and long-lasting event rather than a short-term trading opportunity. Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. The crypto space has ...
The recent drop in BTC price to 1-week lows has been attributed to selling by Bitcoin whales, adding to the volatility in the market as investors keep a close eye on the $35K level. Bitcoin (BTC) experienced a significant drop on November 14, testing the $35,000 support level before rebounding to around $35,600. This rapid ...
“Expert analysis reveals that Ethereum indicator flags a ‘sell signal,’ indicating a potential shift in market sentiment and providing valuable insights for investors.” After starting out strong this week, Ethereum (ETH) is back at the critical price level of $2,000, which is currently acting as the lower end of the critical resistance zone, and indicators ...
“Surprising data reveals Bitcoin miners defying expectations, selling more BTC than they mined in October, posing an intriguing puzzle for the crypto community.” For the first time in three months, the top 13 publicly traded crypto mining companies have sold more bitcoins (BTC) than they produced. According to Bitcoin mining research platform TheMinerMag, the liquidation-to-production ...
In a surprising turn of events, miners outpaced the traditional minting process by selling more Bitcoin in October, shedding light on the evolving dynamics of the cryptocurrency market.
