After nine consecutive weeks of closing lower than the previous one, bitcoin finally managed to break this negative trend and marked its first green weekly candle since late March. This came as the asset jumped
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Bloomberg analyst Mike McGlone recently appeared in an interview with Kitco News. The interview that largely focused on McGlone’s views on the expanding digital assets industry also included a talk related to the future of
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Cryptocurrencies have suffered from a brutal sell-off the past few months considering the Terra fiasco. But the last fortnight has been especially bad for investors as they lost a significant chunk of their savings. However,
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Long-term holders, however, have managed to retain a high level of conviction Yassine Elmandjra, an analyst at ARK Investment Management, noted that short-term bitcoin holders have seemingly capitulated. The MVRV ratio, which measures Bitcoin’s market
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Bitcoin is headed for the weekly close, and all eyes are on its price. The past nine weekly candles have been negative, and the question is if it will break this trend today or put
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Although bitcoin continues to struggle below $30,000, the cryptocurrency is actually about to break its nine-week negative weekly streak. At the same time, some altcoins, such as Solana and Avalanche, saw impressive recoveries today. Bitcoin
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State of New York gets one step closer to restricting proof-of-work mining technology New York may become the first-ever US state to ban cryptocurrency mining due to environmental concerns. However, analysts and crypto enthusiasts believe
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Bitcoin’s affair above $30,000 did not last long again, as the asset fell below that level quite violently and even dropped to $29,000. Altcoins are in no better shape, with Ethereum slipping below $1,800, while
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Bitcoin's dominance has increased to highest level since late October Bitcoin dominance surpassed 47% for the first time since Oct. 20 earlier today. The king of crypto tends to grow its market share during major
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Bitcoin displays this well-known bear market tendency On-Chain Analytics Platform InTheBlock notes a familiar pattern that is typical with Bitcoin in most bear markets – investors with long-term horizons increase their holdings during bear markets.
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