On-chain data shows Bitcoin has recently made a break that led to rallies of at least 99% during the last three times it happened. Bitcoin Has Now Crossed Above “Single Cycle HODLers” Cost Basis In a new post on X, analyst Ali has talked about a level that BTC has broken recently. The level in…
CryptoCon, a figure in the crypto analysis community, has presented a detailed chart that anticipates the next Bitcoin cycle peak to be in the vicinity of $130,000. According to the analyst, the date for the next cycle high will be November 28, 2025, with a possible deviation of 21 days. This projection is based on…
Many had speculated that the rally in the crypto market was going to wane following the Spot Bitcoin ETF rumors fading out. That hasn’t been the case, though, and a recent revelation from a prominent crypto analyst suggests that the two largest cryptocurrencies by market cap, Bitcoin and Ethereum, could continue to see an upward…
Bitcoin price is facing a major hurdle near $35,250. BTC could rally toward $37,000 once it clears the $35,250 and $35,500 resistance levels. Bitcoin is aiming for a fresh move above the $36,000 resistance zone. The price is trading near $34,850 and the 100 hourly Simple moving average. There is a key contracting triangle forming…
The Bitcoin price performance was one of the brightest stories in the crypto market in the month of October. While some crypto analysts currently have bearish projections for the premier cryptocurrency, others have maintained a positive stance for BTC’s performance in November and beyond. A crypto analyst known by the pseudonym Mags on the X…
The Director of Global Macro at Fidelity Investments, Jurrien Timmer, recently provided insights into the potential of the flagship cryptocurrency, Bitcoin, and went as far as labeling the crypto token as “exponential gold.” A Glance At Bitcoin’s Adoption Curve In a post released on his X (formerly Twitter) platform, Timmer mentioned that Bitcoin’s scarcity and…
Partner at the Venture Capital firm Placeholder Capital and prominent figure in the crypto community, Chris Burniske, has given an instance where assets like Bitcoin and Ethereum could see a repeat of what happened in mid-2019. New Highs Before A “Final Wipeout” In a post shared on his X (formerly Twitter) platform, Burniske mentioned that…
In recent developments, US authorities led by US Attorney Philip R. Sellinger successfully seized $54 million worth of Ethereum (ETH) from Christopher Castelluzzo, a convicted drug dealer operating in Lake Hopatcong, New Jersey. Massive Crypto Bust The US Attorney’s Office filed a civil forfeiture action to recover previously seized cryptocurrency that was determined to be…
Data shows the cryptocurrency longs have taken a beating today because of the plunge towards $34,000 that Bitcoin has observed. Cryptocurrency Futures Market Has Seen Liquidations Totaling $137 Million Today According to data from CoinGlass, a large amount of liquidations have taken place in the cryptocurrency futures market during the past day. “Liquidation” here refers…
In their latest market update, QCP Capital, a crypto asset trading firm headquartered in Singapore, has dissected the recent Bitcoin price movements, attributing the rally to macroeconomic factors rather than the much-anticipated approval of a spot ETF. To recall, the Bitcoin surged from $34,500 to almost $36,000 on Wednesday. The Main Reason For The Bitcoin…