One of oldest indicators in industry shows that bounce is coming One of the most popular and time-tested indicators in technical analysis, the Relative Strength Index, is showing many signs of an upcoming rebound for
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Although bitcoin trades 25% higher than its multi-year bottom tapped in June at $17,500, CryptoQuant suggested that the asset could face upcoming price drops. This is because of the Bitcoin Exchange Whale Ratio, which has
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After an exuberant risk-on rise in Bitcoin’s price Tuesday, a retracement since Wednesday wiped out most of the gains. Traders blame Tesla’s Q2 earnings report. Bitcoin prices have been hovering around the $20,000 level since
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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is
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Famous American financier Anthony Scaramucci has admitted that having massive exposure to Bitcoin was a mistake in the short run, as he and his investment company suffered significant losses amid the bear market. Long-term Bitcoin
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Billions worth of BTC evaporate in one day Cryptocurrency investment funds have lost almost $6 billion worth of Bitcoin following the massive series of liquidations on the cryptocurrency market back in the May-June period. The
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Su Zhu and Kyle Davies – Co-Founders of the distressed cryptocurrency hedge fund Three Arrows Capital (3AC) – explained that accumulative lending agreements and the collapse of the digital asset market are the reasons for
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On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks
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It appears like the wider cryptocurrency market will close the weekend on a bullish note as the global crypto market is up by 2.15% position at $1.05 trillion. The overall crypto market is flagged in
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Bitcoin has seen harsh criticism from climate activists and environmentalists veteran trader Pierre Brandt took aim at Bitcoin’s energy consumption. In response to a tweet from MicroStrategy CEO Michael Saylor, who tweeted on July 19:
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