Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and
Read MoreA massive amount of Bitcoin was transferred in just two minutes between anonymous wallets According to Bitcoin Block Bot that tracks large Bitcoin transfers and posts data related to them on Twitter, less than an
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Today’s BeInCrypto on-chain analysis looks at two global market indicators: futures open interest and funding rates. These determine the overall health of the Bitcoin market and can serve as signals for BTC price movements. For nearly 3 months, the
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Old-school Bitcoin investors are not going anywhere despite major correction The number of old-school Bitcoin investors is steadily increasing as the market continues to fall, according to glass knot string data. As the metric suggests,
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It was not a very happy start to the year for most bulls, as the market looked like a slaughterhouse, and crash after crash affected investor sentiment. Sentiments might not seem like a big deal
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BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Market Value To Realized Value (MVRV) and Net Unrealized Profit Loss (NUPL) Z-score MVRV MVRV is defined as the ratio between market capitalization and
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Another Report Ruins the ‘Holy Grail’ of Bitcoin Critics: No, the Flagship Crypto Isn’t That Bad for the Environment Bitcoin (BTC) is routinely slammed for high electricity consumption and a monstrous carbon footprint. But should we
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Finder’s panel of 33 fintech specialists has forecasted that the price of bitcoin will peak at about $94K before ending the year above $76K. In addition, the panel expects the price of the cryptocurrency to
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Market remains fearful Despite the most recent short-term rally in the cryptocurrency market, sentiment among traders in the sector still leaves much to be desired as one of the most popular social indicators suggests the
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The turmoil in the crypto market finds no end to its ills as the asset class continues to remain in the grip of the bears. Although the FOMC meeting did not reveal any major setbacks
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