According to the latest on-chain data, investors have been excessively betting on the Bitcoin price in recent weeks, leading to its overall struggles. Longs Vs Shorts Imbalance — How This Induced Price Crash In a November 22 post on social media platform X, Alphractal CEO and founder Joao Wedson revealed the underlying dynamics behind Bitcoin’s…
Bitcoin is trading in a fragile state after slipping below $90,000 and now in the mid-$80,000s. This price action has caused some analysts to grapple with the possibility that the next major rally may be further away than many expect. A recent technical outlook from prominent crypto analyst Tony “The Bull” Severino adds weight to…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
The price of Bitcoin has continued to struggle in the final quarter of the year, recently slipping beneath the 2025 starting point. According to the latest on-chain data, investors are currently sitting on deep unrealized losses, which suggests more pain for the market. STHs Sit On Heavy Losses Through Market Crash In a Quicktake post…
The cryptocurrency market has been under severe bearish pressure in the past week, with the price of Bitcoin falling below this year’s opening price. At the same time, other large-cap assets have struggled, registering double-digit losses over the past few days. In recent months, conversations have swirled around the death of the typical four-year cycle…
Robert Kiyosaki has moved a chunk of his Bitcoin into businesses that pay him now. Reports have disclosed he sold roughly $2.25 million worth of Bitcoin, cashing out after years of saying he was bullish on the cryptocurrency. Related Reading He did not say he was exiting crypto; instead, he described the shift as turning…
Recent commentary from the Kobeissi Letter has underscored a troubling trend in the capital markets: crypto-focused funds have encountered substantial outflows, with a notable $2 billion exiting last week alone. This marks the most significant withdrawal since February and extends a concerning streak, bringing total outflows to $3.2 billion over the last three weeks. Bitcoin…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
In what could soon be recognized as the worst-performing week since November 2022, the market’s leading crypto, Bitcoin (BTC), experienced a significant downturn on Friday, plummeting to an eight-month low of $80,000. Market analysts suggest that this downturn began in earnest on October 10, when the market first exhibited signs of a downward trajectory. That…