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Bitcoin News
Bitcoin Plunges Below $25K as Investors Brush Off Fed’s Rate Hike Pause
Bitcoin experienced a sharp decline on Wednesday, dropping to around $24,990, as investors appeared indifferent to…
CryptoQuant Report: LTH SOPR Signals Potential Bullish Momentum
As cryptocurrency enthusiasts closely monitor market movements and indicators, the Long-Term Holder Spent Output…
Bitfinex’s Explosive Divergence: Surging Open Interest Amidst Bitcoin’s Retreat
Bitfinex has experienced a notable divergence in its derivatives market. While most exchanges have witnessed a…
Bitcoin Long-Term Holders Unfazed by US Regulatory Environment
According to Glasnode, long-term holders of Bitcoin are displaying remarkable calm amidst the news of a hostile US…
Bitcoin Creates 48,000 New Crypto Millionaires in 2023
As the first half of 2023 comes to a close, Bitcoin (BTC) has experienced a tumultuous period but managed to…
Bitcoin’s Illiquid Supply Reaches Record High: 72% of Circulating Coins Held Firmly by Hodlers
The data provided by Glassnode reveals that Bitcoin's illiquid supply has reached an all-time high of 15.17…
Bitcoin MVRV and Realized Price Approach Fair Value, Indicating Market Stability
In a recent report by CryptoQuant, the Bitcoin MVRV (Market-Value-to-Realized-Value) metric for short-term holders…
Selling Pressure Mounts as Bitcoin Miners Deplete Reserves at a 6% Daily Rate
Bitcoin miners have entered a phase of reducing their reserves once again, causing a notable increase in the…
SOPR Metric Indicates Strong Interest in Bitcoin: Another Wave of Demand Expected
Bitcoin has been a subject of great interest and speculation among investors and enthusiasts alike. While the…
“When in Doubt, Zoom Out” – An Old Wise Man’s Advice Holds True for Crypto Investors
In the past 24 hours, the cryptocurrency market has endured a turbulent period, with bitcoin and various altcoins…