Bitcoin price trimmed all gains and dived below $88,000. BTC is now recovering losses from the $86,700 support but faces many hurdles. Bitcoin started a recovery wave above the $88,000 zone. The price is trading above $88,000 and the 100 hourly Simple moving average. There was a break above a declining channel with resistance at…
XRP, Bitcoin, and Ethereum are displaying sharply diverging fund flow trends, with XRP emerging as the most accumulated digital asset in the latest CoinShares Digital Asset Fund Flows Weekly Report. With Bitcoin and Ethereum jointly recorded nearly $500 million in outflows, the data illustrates a shift in investor positioning away from the market’s largest assets…
BlackRock has transferred a significant amount of BTC to the crypto exchange Coinbase, sparking concerns about a sell-off. This comes as the Bitcoin price continues to struggle to break above $90,000 successfully. Bitcoin Price At Risk as BlackRock Transfers BTC Arkham data shows that Blackrock deposited 2,201 BTC ($192.13 million) into Coinbase, putting the Bitcoin…
Crypto is seeing a shuffling of cards of sorts. Long-term holders of Bitcoin have eased up on selling after months of steady reductions, while large Ethereum wallets have been piling on more tokens, according to recent reports. Related Reading Traders remain careful as prices swing and data gives mixed signals about where money is moving…
After setting a new all-time high back in early October, the Bitcoin price entered into an extended downtrend period, losing over $40,000 of its value to drop below $90,000. During this time, sentiment and market participation have understandably been negative, with investors pulling back from the cryptocurrency. However, with the year drawing to an end,…
Bitcoin price failed to clear $90,000 and trimmed all gains. BTC is now consolidating losses and might struggle to stay above $86,500. Bitcoin started a recovery wave but failed to surpass $90,000. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a declining channel forming with resistance at $87,500…
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…
Peter Schiff has warned that Bitcoin could suffer the opposite fate of silver after the metal posted a sudden, sharp rise. Based on reports, traders and analysts are debating whether the move in silver marks a broad shift back to real assets or a brief, crowded trade that may unwind quickly. Related Reading Silver’s Rapid…
Bitcoin price found support and started a recovery wave above $88,000. BTC is now rising and might attempt to surpass the $89,000 resistance. Bitcoin started a recovery wave above the $88,000 zone. The price is trading above $88,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at…
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…