Tesla ended up being a bad investor, considering its loss caused by unfortunate Bitcoin market performance The cryptocurrency market has already been disrupted by news of Tesla selling off a massive chunk of its holdings
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As Bitcoin spiked through the resistant level of $23,000 after dipping below $19,000 recently, many expected that the breakout signaled a short-term relief rally. Glassnode’s weekly report predicts that the major cryptocurrency is forming a
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One of biggest Bitcoin addresses in world makes enormous move One of the largest exchange-free transactions worth 46,000 BTC, or $1 billion, has appeared on the channel, causing mild controversy among cryptocurrency investors and traders
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On-chain data reveals that bitcoin miners could be close to their capitulation after selling the most substantial chunk of BTC holdings for the past several months. As such, the asset’s price could be headed for
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A popular Bitcoin trading strategy, which has consistently worked since 2020, has seemingly lost its shine Buying at the close and selling at the open may no longer be a viable trading strategy, according to
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In today’s on-chain analysis, Be[in]Crypto looks at the unspent transaction outputs (UTXOs) indicator and its derivatives for the Bitcoin network. The goal is to try to compare this indicator for the current bear market with historical data. We see
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While the Bitcoin market is trying to generate the bottom of the current bear market, the Fear and Greed Index consistently remains in extreme fear. The index has been in a range of extremely negative sentiment for
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Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy
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BitMEX Research recently published a report detailing why Ethereum has dwarfed Bitcoin as the center of Dapp and developer activity within crypto. While there are technical reasons for the discrepancy, the team claims that Bitcoin
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The cryptocurrency market has performed well this week, with the total market cap now above $900 billion. The cryptocurrency had a positive net week this time around. The market has added almost $50 billion to
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