Bitcoin, the largest cryptocurrency by market capitalization, is moving on a notably bullish path. The apex cryptocurrency has hit a new milestone after attaining gains that have pushed it to a new peak.
HBAR defies the general market sentiment today with a massive 9% increase.
Bitcoin price spiked higher above the $29,000 level. BTC corrected lower and is currently consolidating above the $28,000 pivot level. Bitcoin gained pace above the $28,500 resistance but upsides were limited. The price is trading above $28,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $27,900 …
As Bitcoin’s (BTC) price marches toward the $30,000 mark, analysts are scratching their heads over a capital flight in the virtual asset industry.
A research firm has broken down how the Bitcoin price has reacted to purchases Michael Saylor’s MicroStrategy has made over the years. MicroStrategy’s Bitcoin Purchases Have Been Followed By Negative Price Action K33 Research, formerly Arcane Research, has released a new analysis piece that looks into how the …
Hong Kong aims to regain its status as a leading finance and crypto hub, and to this end, domestic investors have established the ProDigital Fund to raise $100 million. Already having secured $30 million in commitments, the fund aims to reach its target by the end of this year, driving the growth …
On-chain data shows the Bitcoin MVRV ratio is approaching a retest of the 1.5 level, breaking above which may be bullish for the asset’s price. Bitcoin MVRV Ratio Has Been Going Up In Recent Days As explained by an analyst in a CryptoQuant post, the 1.5 level of the metric has …
Investors and miners who profit from selling bitcoin will have to abide by taxation rules in the Kingdom of Denmark.
On-chain data shows the Bitcoin open interest has been rapidly going up with the price, a sign that a long squeeze may be brewing in the market. Bitcoin Open Interest Has Seen Sharp Rise Recently As pointed out by an analyst in a CryptoQuant post, the funding rates are also …
Bitcoin has seen some good gains in the last day which eventually saw the digital asset climb over $29,000 for the first time in nine months, albeit briefly. But despite the price gains that the digital asset has seen in this time, it is still not the best performer in the …
