Bitcoin Traders Experience $850 Million Loss Amid Price Drop Below $50K In a recent market turn, Bitcoin short-term holders have reported significant losses as they liquidate their holdings during a price dip that brought BTC below $50,000. However, long-term holders appear to be standing firm, with only $600,000 sold at a loss. Short-Term Holders Sell […]
The cryptocurrency market has gained incredible traction over the last decade, evolving from a niche investment to a mainstream financial asset. One of the key metrics used to evaluate the viability and growth potential of cryptocurrencies is their market cap. Understanding how to compare crypto market caps can offer valuable insights into market health, investor […]
Bitcoin Trading Volume Hits Record High Following Market Turmoil Recent market fluctuations have led to an unprecedented surge in Bitcoin trading volumes as traders reacted to falling cryptocurrency prices, with some hackers taking advantage of the situation to acquire discounted Ether. Surge in Bitcoin Transactions Amid Market Drops On August 5, significant losses were recorded […]
Cryptocurrency markets are known for their high volatility, often causing both excitement and frustration among traders and investors. As the digital currency landscape continues to evolve, understanding market behavior through various indicators becomes crucial for making informed decisions. Among the most effective tools at a trader’s disposal are chart patterns, which help visualize price movements […]
Bitcoin Enters ‘Extreme Fear’ Zone on August 5 Following $168 Million ETF Outflows The Crypto Fear and Greed Index registered a score of 17 out of 100 on August 5, marking the lowest point since July 12, 2022. Market Sentiment Shifts The recent drop into the “Extreme Fear” category comes as spot Bitcoin exchange-traded funds […]
Comparative Analysis: Bitcoin’s Current Trend Resembles 2016 Bull Market, According to Peter Brandt Bitcoin has experienced a downturn that mirrors its behavior post-halving in 2016, preceding the notable bull run of 2017. Market Trends and Historical Context According to veteran trader Peter Brandt, the recent decline in Bitcoin prices since the April 2024 halving bears […]
The cryptocurrency market is notorious for its high volatility, with prices swinging dramatically within short periods. As a trader or investor, understanding these price movements is crucial to making informed decisions. One of the tools that many traders use to gauge and predict volatility is **Bollinger Bands**. In this article, we’ll explore what Bollinger Bands […]
US Bitcoin and Ethereum ETFs Surge to $6 Billion Volume Amid Market Downturn On August 5, Bitcoin experienced a significant decline, dropping below $50,000 at the onset of trading in the United States. This sharp drop led to a dramatic rise in trading volumes for crypto-related exchange-traded funds (ETFs). Major Volume Figures During the tumultuous […]
Trump Warns Current Administration Against Selling Bitcoin Former President Donald Trump has emphasized the importance of innovation in the digital asset landscape, stating that the United States risks falling behind if it does not adapt. In a recent discussion with influencer Adin Ross, Trump cautioned the current government against the sale of the nation’s Bitcoin […]
As cryptocurrencies gain popularity, many individuals are eager to dive into the world of digital assets. However, the first step for most is understanding how to buy and sell these currencies through crypto exchanges. This guide aims to equip beginners with the knowledge required to safely navigate these platforms, ensuring a smooth entry into crypto […]
