Bitcoin, Ethereum Consolidate as Federal Reserve Symposium in Jackson Hole Continues
In the midst of the ongoing Federal Reserve Symposium in Jackson Hole, both Bitcoin and Ethereum are showing signs of consolidation. Bitcoin experienced a slight decline as traders anxiously awaited…
Bitcoin and the Stock Market in 1930: A Comparison
In a recent analysis, Bloomberg Intelligence's senior commodity strategist, Mike McGlone, draws parallels between bitcoin and the stock market crash of 1930. McGlone points out that just like elevated equity…
Bitcoin’s Transaction Backlog Surges Past 400,000
The Bitcoin network is experiencing a surge in unconfirmed transactions, with the backlog surpassing 400,000. Just two weeks ago, the number of unconfirmed transactions dipped below 300,000 before rebounding to…
Bitcoin Seeks Support Level After Worst Selloff Since FTX Crisis
In the wake of the worst selloff since the FTX crisis, Bitcoin finds itself seeking a support level after a tumultuous week. Trading below $26,000 over the weekend, the cryptocurrency…
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins’ Tumble
In a whirlwind of activity, the value of Bitcoin briefly slipped below the $26K threshold before quickly rebounding, while the broader crypto market experienced an 8% tumble against the U.S.…
Is Bitcoin’s record-low volatility and decline in short-term holders a bull market signal?
The latest report from Glassnode Insights suggests that Bitcoin's record-low volatility and decline in short-term holders may be signaling a bull market. Traders see the low volatility as a positive…
Bitcoin price action is beginning to mirror BTC’s 2015-2017 pre-bull market cycle
A recent report by Delphi Digital highlights the striking similarities between Bitcoin's current price action and its pre-bull market cycle from 2015 to 2017. The report explores the cyclical nature…
Bitcoin hits $30.2K August high amid warning longs ‘chasing’ BTC price
In the world of cryptocurrency, Bitcoin has reached a remarkable milestone, hitting a high of $30.2K in August. This surge in value has drawn the attention of bullish traders, who…
What will Bitcoin do if the Justice Department takes aim at Binance?
In recent news, the U.S. Department of Justice has been contemplating fraud charges against Binance, the world's largest cryptocurrency exchange, causing concerns within the market. With similarities being drawn to…
Bitcoin risks 15% dip by October, but $100K is due in 2026 — Analysis
In an analysis by Timothy Peterson, founder and investment manager at Cane Island Alternative Advisors, it is suggested that Bitcoin may experience a 15% dip to $25,000 by October. Peterson…