As Bitcoin (BTC) continues to trade in the low $110,000 range, a key on-chain indicator has flipped bullish, show signs of an upcoming price rally that could propel the top digital asset to new all-time highs (ATH) in the near term. Bitcoin’s 600,000 Transactions Threshold Takes Center Stage According to a CryptoQuant Quicktake post by…
Ethereum is undergoing one of the most significant resets in over a year, caused by its price breaking below $4,000. This retest has been most visible in futures open interest, where billions of dollars in positions have been wiped out across major exchanges. This rapid unwinding comes as a correction move to weeks of excessive…
The crypto market faced in recent months, as both Bitcoin and Ethereum broke below important support levels. Bitcoin broke below $110,000, while Ethereum also slipped under $4,000. This downturn triggered billions in liquidations and pushed the Fear and Greed Index into fear territory. However, data from on-chain analytics platform Sentora (formerly IntoTheBlock) reveals that accumulation…
Dogecoin’s price action is working on a rebound after hitting $0.222 in the past 24 hours. Zooming out into a larger timeframe shows the price structure on the weekly timeframe is pointing to an explosive breakout is in the making. Technical analysis shows that the meme coin, which has already shown it can deliver extraordinary…
The cryptocurrency market is in a tense mood after Bitcoin lost important price levels this week, and investor sentiment has taken a beating. This caused the Bitcoin Fear & Greed Index to plunge by 16 points in a single day, sinking to 28 yesterday, its lowest level since March. At the time of writing, the…
The cryptocurrency market remains in disarray following widespread declines, yet the XRP price continues to attract the attention of analysts who maintain an optimistic outlook. One expert noted that XRP has just printed a rare and bullish setup, with multiple chart indicators aligning in support of upward momentum. XRP Price Forms Rare Multi-Layered Bullish Setup…
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…
As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant…
Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall in ETH’s price can be attributed to a mix of macroeconomic, structural, and crypto-specific factors. Ethereum Dips Below $4,000, Analyst Explains Why According to a CryptoQuant Quicktake post by contributor Arab Chain, ETH’s latest descent…
Crypto markets have recently faced renewed challenges, despite a brief resurgence following the US Federal Reserve’s (Fed) rate cut that initially propelled Bitcoin (BTC) back toward the $120,000 mark. This week, however, Bitcoin has dropped to the lower end of its established consolidation range, fluctuating between $110,000 and $115,000. Analysts from The Bull Theory have…