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…
After nearly five years of dormancy, a cluster of Silk Road–linked wallets just moved 33.7 Bitcoin—roughly $3 million—in a sudden on-chain resurgence that immediately brought the BTC price back into focus. While the volume is modest, the combination of its origin, timing, and institutional destination gives it an outsized narrative impact. With Bitcoin already navigating a fragile…
Crypto pundit NoLimit has explained why the Bitcoin, Ethereum, and Dogecoin prices have been dumping recently. He specifically raised claims of manipulation, with these crypto prices recording gains and then fully retracing those gains. In an X post, No Limit stated that the Bitcoin price is dumping because Binance is buying and that Coinbase is…
On Thursday, Bitcoin (BTC) once again fell below the critical $90,000 mark, even after what many had anticipated to be a bullish event stemming from the US Federal Reserve’s (Fed) decision to cut rates by a quarter point. Analysts from Bull Theory note several factors contributing to this unexpected downturn. Bitcoin Sell-Off Amid Market Unease…
A recent report from BitcoinTreasuries.Net highlights significant challenges faced by Bitcoin-focused treasury companies since November. The findings revealed that the vast majority of these firms are now grappling with substantial unrealized losses, prompting many to sell off considerable amounts of their Bitcoin holdings. Market Struggles Continue In a sample analysis of 100 companies with reliable…
Bitcoin has retraced below the $91,000 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially generated volatility across risk assets. While the market’s reaction has leaned bearish in the short term, on-chain data tells a very different story beneath the surface. Related Reading According to new…
Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance…
A recent post by crypto analyst Stockmoney Lizards on X suggests that the current Bitcoin structure is giving bears “the perfect opportunity” to short the market down to $40,000. His message was paired with a chart showing Bitcoin falling below an important resistance ever since it broke below $100,000, creating what appears to be a…
Bitcoin’s price action in the past two weeks has opened a new phase of stress among traders, with on-chain data showing realized losses climbing to heights last observed in 2022. Glassnode’s latest Week-On-Chain report shows Bitcoin is trading above an important cost-basis level but is also visibly straining under intensified loss realization, fading demand and…
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…