Bitcoin’s last all-time high was $69,000 in November 2021; as of September 2023, it’s been 22 months since that peak. While estimating what price Bitcoin could reach next can be very useful, it’s also important to estimate when a new peak could occur. History suggests this may still be some time away, as analysis shows…
The Bitcoin and crypto market eagerly observed the expiry of the quarterly BTC and ETH options today (at 8:00 am UTC / 4:00 am EST). It was the second largest in history with a volume of 159,000 BTC options and 1.25 million ETH options with a total value of almost $7 billion. The market was…
At the time of writing, there are indications of a potential market recovery, at least the major coins like Bitcoin and Ethereum are posting decent gains. Aptos (APT) is one of the tokens that is expected to experience an increase in bullishness and price. Although APT’s gains are minuscule at 1.7% in the last 24…
The bearish trend a few days ago brought Chainlink (LINK) down to $6.735 on April 26. The bulls tried to recover and drove the price of LINK to a solid 24-hour high of $7.30, but it later fell to a 7-day low of $6.773. Due to the current FUD and increased regulatory pressure in the…
The recent White House announcement has placed the spotlight on Cardano as the leading Proof-of-Stake blockchain that’s currently on the market. This recent news follows the announcement of the Vasil upgrade which aims to improve usability and scalability. A simple Twitter search of ADA will result with tweets of happy and confident traders and investors. …
Bitcoin bulls have their hands full in the next days to carry out a strong advance to lift BTC out of the pit. Throughout today’s trading session, the market’s performance has been bullish. CoinGecko reports that bulls are driving prices higher for nearly 80 of the top 100 cryptocurrencies. The site has only flagged six coins…
The Ethereum market activity remains bullish, and ETH bulls have broken loose which is good news for investors, who are optimistic about the potential effects of one of the biggest events in the crypto world – the Merge – because it is so close at hand. Recent numbers indicate that the price of ETH has settled into…
Is FTX saving the crypto industry or taking control of it? The derivatives-focused cryptocurrency exchange has been on the sidelines, watching everything around them collapse, and finally decided to take action. That or, as the rumor says, FTX created this whole situation in their labs and is now buying assets on the cheap. There’s only…
Let’s cut to the chase: Glassnode thinks we’re in a bear market. In their latest “The Week On-Chain” newsletter, the company tries to “establish the likelihood that a prolonged bear market is in play” by “using historical investor behaviour, and profitability patterns as our guide.” One thing’s for sure, the recent crash was severe, and…
After what seems like a thousand years of stability and a slight downtrend, bitcoin is back. Volatility is wreaking havoc. Trading volume seems to be picking up steam. And, more importantly, the community’s morale is climbing up. In any case, what do the data and the on-chain analysis say? Are the numbers high enough to…