Advertisement     An upcoming HBO documentary promising new details about the real identity of the enigmatic, fabled Bitcoin creator Satoshi Nakamoto has caused an online stir, with crypto community members excitedly speculating over who the film might claim created the world’s largest and oldest cryptocurrency. Famous documentary filmmaker Cullen Hoback, who unveiled the…
The two largest cryptocurrency assets, Bitcoin and Ethereum are witnessing a notable shift in the behavior and confidence of investor as indicated by a negative trend in their network activity, leading to sluggish performances in the past months. Active Addresses In Bitcoin And Ethereum Nosedives In 2024 Lately, Bitcoin and Ethereum activity has drastically plummeted…
According to a recent Forbes report, US lawmakers from both sides of the political spectrum are rallying around a proposal to create a strategic Bitcoin (BTC) reserve for the US, following Senator Cynthia Lummis’ speech at the 2024 Bitcoin Conference in Nashville. The pro-crypto Senator unveiled the new legislation to use existing federal funds to…
Bitcoin is back to red at press time, looking at the performance in the daily chart. After the close of the unexpectedly bullish September bar, the coin started on a weaker footing in October, dropping nearly 5% from the $65,000 and $66,000 resistance zone. Will Bitcoin Follow Global M2 Money Supply Growth To $90,000? Despite…
Advertisement     The price of the OG cryptocurrency has pushed higher in recent weeks as a perfect storm looks set to hit Bitcoin and the broader crypto market in the near term. BTC broke out of its downtrend this week to reclaim the $65K level after the U.S. Federal Reserve’s mid-September rate cut…
Advertisement     Widely followed crypto analysts have suggested that Bitcoin (BTC) is preparing for an explosive move in the foreseeable future. This is based on technical setups that have appeared on the top crypto’s price chart. BTC Price Pattern Hints At A Big Breakout When trying to predict the future price of Bitcoin,…
Advertisement     Bitcoin (BTC) continued to trade sideways on Tuesday following a sluggish start to the week, despite a strong resurgence that began on September 6. Notably, the top cryptocurrency has risen by approximately 20% since then. However, since Friday, the price has remained constrained in a tight falling range, reflecting a downward…
Data shows the Bitcoin Open Interest has been heading up again recently, a sign that volatility could be coming for the asset’s price. Bitcoin Binance Open Interest Has Registered A Notable Increase Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Open Interest on Binance has risen to $28.3 billion recently….
Advertisement     Jamie Dimon, CEO of the financial juggernaut JPMorgan Chase, has consistently derived Bitcoin (BTC) and once again expressed his dislike for the preeminent cryptocurrency. While Dimon decried BTC, he expressed support for the digital asset’s underlying technology. The banking magnate said in a recent interview at the Georgetown Psaros Center for…
On-chain data shows the Bitcoin supply held by the short-term holders has recently been going down at its fastest monthly rate since 2012. Bitcoin Short-Term Holder Supply Plunges As Investors HODL As explained by CryptoQuant author Axel Adler Jr in a new post on X, the 30-day change in the short-term holder supply has plunged…