Bitcoin

The once vibrant and exciting crypto market has recently lost its luster, leaving investors and enthusiasts concerned about its future. Bitcoin, the flagship cryptocurrency, has been struggling to stay afloat, and this struggle is reflected in the dwindling trading volume of bitcoin futures. According to data from Glassnode, bitcoin futures open interest has dropped to
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Cryptocurrency analyst Benjamin Cowen recently shared his insights into Bitcoin’s historical performance in September and its potential trajectory for this year. Cowen, known for his data-driven approach to cryptocurrency analysis, highlighted the challenges that Bitcoin has historically faced in September. While acknowledging that occasional green Septembers do occur, Cowen emphasized the negative price movements that
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The recent Bitcoin rally, fueled by Grayscale’s victory against the US SEC, appears to be losing steam. Analysts have observed a concerning trend in the total supply of stablecoins, indicating that this rally may not be sustainable. In this article, we will delve into the relationship between stablecoin supply and Bitcoin’s performance, highlighting the potential
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Ripple’s token price is currently facing significant bearish signs, struggling to recover above $0.540 and $0.550 against the US dollar. The price is now trading below $0.550, and there is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair. Moreover, if the price breaks below $0.500,
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On-chain data suggests that Bitcoin might face a significant resistance level at $28,100, based on historical patterns. Analyzing the realized price of short-term holders (STHs), it becomes evident that when the BTC spot price approaches this level, it sets the tone for the future trend of the cryptocurrency. This article delves into the potential implications
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Shibarium, the layer 2 blockchain, has recently made a stunning comeback and relaunched. This relaunch has caused a significant surge in the price of its native token, Bone Shibaswap (BONE), setting new milestones for the token. In the last 24 hours since Shibarium’s official relaunch on Thursday, August 24, the BONE token has experienced a
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