Ethereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin price. In the last few days, Bitcoin (BTC) price has underperformed Ether (ETH) by almost 20%. Even though BTC seems to be struggling to break the $18,800 barrier, both cryptocurrencies display the same bullishness according […]
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XRP has almost doubled its value over the past week. Ripple’s XRP is rising in price, but the reasons are not entirely clear. Between 11:00 am and 3:00 pm UTC today, XRP gained approximately 20% in value, based on data from TradingView.com. The asset has rallied about 83% total since Friday and is up roughly 98% […]
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Bitcoin could consolidate for a few more days as the action shifts to Ether, XRP, and other large-cap altcoins. Bitcoin (BTC) has been leading the current crypto rally for the past few weeks and this has boosted its dominance from 56% on Sep. 3 to 67% on Nov. 18. However, as Bitcoin nears its all-time […]
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Bitcoin’s sharp bounce off the intraday lows today indicates a possible move to all-time highs and select altcoins may join the party. Bitcoin (BTC) has made a stellar comeback from its March lows in 2020 and this performance is getting noticed by institutional investors. Recently Rick Rieder, BlackRock’s CIO of fixed income, said that Bitcoin […]
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Bitcoin price is chasing after $19,000 but crypto exchanges’ long-to-short ratio shows top traders exercising caution at these levels. This week Bitcoin (BTC) price rallied to a new 3 year high at $18,965, leading investors to believe a new all-time high above $20,000 is on the cards. While these are exciting times, data does show […]
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XRP price has been the best performer thus far this weekend gaining over 50% in the past week. Bitcoin (BTC) has been taking the spotlight in recent months, but altcoins have started to finally follow the number one cryptocurrency. Several large caps have been making double digits runs in the previous days, resulting in a […]
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Several key metrics hint at a Bitcoin price pullback, but this may be offset by other conflicting factors. A pullback in the price of Bitcoin (BTC) is likely, based on several on-chain data points, namely the Spent Output Profit Ratio (SOPR) indicator, stablecoin inflows, stacked sell orders at $19,000, and the Crypto and Fear Index. […]
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Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit. Bitcoin’s (BTC) current rally has largely been led by investments from institutional investors and publicly listed companies. Data from Bitcointreasuries shows that companies hold about 4.54% of the current Bitcoin supply. A survey of 700 […]
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The price of Bitcoin has stabilized above $18,000 and broken out of the critical $18,500 level. Analysts discuss short-term bull and bear cases. There are both bearish and bullish scenarios for Bitcoin in the foreseeable future. The bear cases surround two key data points: rising BTC deposits from whales to exchanges and BTC’s lack of […]
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BTC/USD climbs to over $18,800 in Friday trading, less than $1,250 off its historic highs from 2017. Bitcoin (BTC) hit new highs in excess of $18,750 on Nov. 20 as its latest extended bull run continued to delight investors. BTC price inches closer to all-time highs Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD […]
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