Bitcoin May Continue to Fall as No Catalysts Appear: Galaxy
Bitcoin could continue its downtrend as there are few catalysts to reverse the cryptocurrency’s fortunes, says Galaxy Digital research lead Alex Thorn.Thorn said…
Crypto Spot Volumes Plunge To 2024 Lows Amid Weak Demand
Spot crypto trading volumes on major exchanges have fallen from around $2 trillion in October to $1 trillion at the end of January, indicating “clear…
Tether Launches MiningOS, An Open-Source Bitcoin Mining Platform
Stablecoin issuer Tether has released its open-source Bitcoin mining software, describing it as a means to simplify and scale Bitcoin mining while promoting…
BTC Faces Possible 6 Month Recovery After Key Price Level Was Lost
Bitcoin (BTC) closed its weekly candle at $76,931 on Sunday, causing BTC to lose its 100-week moving average for the first time since October 2023. Analysts are…
Lack Of Leverage And Metals Rally Drag Down Ether Tom Lee
Fundstrat head of research Tom Lee argues Ether's recent slump should be seen as “attractive” as its fundamentals remain strong, and that it has only fallen due…
ISM Manufacturing PMI Rise is Bullish For Bitcoin
A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround…
BTC Hits Record Undervaluation Amid ETF Outflows: Bitwise
Bitcoin (BTC) price fell to a year-to-date low of $74,555 on Monday, marking a 40% drawdown from its all-time high. The move coincided with $1.3 billion in net…
Here’s 4 Supporting Data Points
Key takeaways:Bitcoin fell to $74,680 after futures market liquidations, yet derivatives data show no signs of panic or extreme bearishness.Spot Bitcoin ETF…
Relief Rally Leads To Green Bitcoin, Altcoin Charts, But Will It Last?
Key points:Bitcoin has started a relief rally, which is expected to face selling near $84,000.Several major altcoins are at risk of breaking below their support…
Bitcoin Bull Market Likely Not Coming Back, Traders Admit
Bitcoin (BTC) fought to avoid a fresh price dive at Monday’s Wall Street open as traders increasingly gave up on the bull market.Key points:Many Bitcoin market…