Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of...
Month: May 2021
How relevant is the $900M open interest on Bitcoin options above $100K?
Pro traders have been buying ultra-bullish $100,000–$200,000 Bitcoin options, but how confident are they that these targets will be achieved?...
Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model
There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last...
Bitcoin Mining Difficulty Experiences This Year’s Largest Epoch Drop, Global Hashrate Slips Lower
Bitcoin’s mining difficulty dropped this week at block height 685,440 and saw the largest negative drop of the year losing...
3 on-chain indicators suggest the Bitcoin price sell-off is losing steam
As Bitcoin price shows new signs of bullish momentum, data from various on-chain indicators suggest that the current sell-off is...
Druckenmiller: Ethereum is ‘MySpace before Facebook’ while Bitcoin won as ‘Google’
Those with skin in the game are reiterating that comparing Bitcoin to Ethereum is a pointless and potentially costly exercise....
Home Crypto Mining Spikes in Brazil Amid Record High Unemployment
With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians...
How artificial intelligence can enhance blockchain platforms
AI and blockchain are rarely utilized together — but combining these technologies could unlock a plethora of use cases. Artificial...
Bitcoin accumulation uptrend can create a 2013-style BTC price ‘double pump’
Long-term Bitcoin holders remain unfazed by the recent sell-off, but there is still one alarming sign. A recent run-down in...
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency...
2 Bitcoin price indicators suggest BTC has not bottomed yet
Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data...
Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams
Major British bank Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on...
Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund
The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has launched his own...
EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin
While a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of...
Brazilians Who Held $1,000 in Crypto Last Year Must Report It on Tax Returns by End of May
Taxpayers in Brazil have only a couple of days left to file their annual tax returns. Investors who had more...
