On-chain data shows the Bitcoin NVT Golden Cross has entered into the overbought region, something that could be bearish for the price. Bitcoin NVT Golden Cross Has Been Going Up Recently As pointed out by an analyst in a CryptoQuant post, the most recent touch of this zone led to a drop in the price…
Cardano (ADA) coin has captured the interest of investors and holders with its recent price drop below the $0.40 mark on April 25. This notable price dip left everyone wondering if Cardano (ADA) will break this barrier, which has proven significant in recent trading sessions. However, today April 26, the general market is recovering as…
The Bitcoin price regained the $29,000 mark today for the first time since last Thursday. The decisive impulse was provided yesterday by the news that with First Republic Bank the next big bank in the US is about to be seized by the US Federal Reserve and FDIC. As was the case after the collapse…
Chainlink LINK is trading in the green today, up by over 4%, as the general market shakes off the bearish trend. It experienced a price drop from $8.8784 on April 18, 2023, to $7.7704 on April 19, and its trading volume is down by over 4% in the last 24 hours. Chainlink’s ecosystem rolled out…
Bitcoin price is correcting higher from the $27,000 support. BTC must clear $29,000 to continue higher in the near term. Bitcoin formed a base and corrected higher above the $27,500 resistance. The price is trading above $27,800 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with…
The cryptocurrency market has experienced significant volatility in recent months, with the price of Bitcoin (BTC) dropping from its new yearly high of $31,000 to its current trading price of $27,300. This pullback has left Bitcoin at a crossroads, with traders waiting to see whether the key support level of $27,000 will hold or break.…
The Bitcoin market may be close to a decision point as on-chain data shows the Adjusted Spent Output Profit Ratio (aSOPR) is retesting the 1.0 level. Bitcoin aSOPR Has Declined Towards A Value Of 1.0 Recently According to the latest weekly report from Glassnode, the BTC market had shifted towards a profit-dominated regime back in…
In five short days, three Bitcoin whales have activated addresses with thousands of BTC. The community is concerned that the quick activation of these big BTC wallets might be due to a security flaw affecting wallet private key generators and would adversely affect prices. Old Bitcoin Wallets Awakening The large BTC movements notably coincide with…
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has shared an exciting message with the SHIB community in the official Shibarium Telegram group today. It comes at a time when the SHIB price is facing a make-or-break moment, as NewsBTC reported yesterday. Exciting Updates For The Shiba Inu Community? The lead developer was responding…
The Bitcoin (BTC) price has been trading in a range between $27,000 and $28,000 since Friday last week, with $27,800 currently being the most important resistance level to kick off a move to the upside. As recently as last Tuesday, BTC was trading above $30,000 before plunging more than 10%. However, Wyckoff and Elliott Wave…