Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

After the market-wide downturn on October 10, the Bitcoin price showed no definite direction for the rest of the historically bullish month. At the moment, the premier cryptocurrency is struggling to gather any significant momentum to the upside. However, recent on-chain evaluation suggests that this period of relative silence could represent a springboard for the… Continue reading Are Bitcoin Investors Back In Accumulation Mode? On-Chain Data Says ‘Possibly’

Binance Maintains Dominance In Bitcoin Futures Market; Records $1.88-T In Trading Volume

While Bitcoin’s price action points to a relative scarcity of spot activity, recent on-chain data reveals an increasingly dynamic atmosphere within its futures market, especially on the Binance network. Binance Dominates Futures Market As Trader Sentiment Sees Structural Shift In a recent post on the CryptoQuant platform, crypto education institution XWIN Research Japan shares insights… Continue reading Binance Maintains Dominance In Bitcoin Futures Market; Records $1.88-T In Trading Volume

Bitcoin October Slump: Fourth Worst On Record Since 2013, Per Fortune Analysis

As October comes to a close, Bitcoin (BTC) has disappointed many who had anticipated the month to be a strong one for the cryptocurrency, often referred to as “Uptober” due to its historically positive performance. Instead, Bitcoin finished the month down, creating a gap of approximately 13% from its all-time high.  Historical Trends Suggest Bitcoin… Continue reading Bitcoin October Slump: Fourth Worst On Record Since 2013, Per Fortune Analysis

Bitcoin At Key Retest: Bounce Or $98,000 Next?

On-chain data shows Bitcoin is currently retesting a historically significant level that has often decided the course of the cryptocurrency’s price. Bitcoin Is Retesting The 0.85 Supply Quantile In a new post on X, on-chain analytics firm Glassnode has talked about how Bitcoin is retesting a level that has historically been a “make-or-break” one for… Continue reading Bitcoin At Key Retest: Bounce Or $98,000 Next?

Bitcoin Mining Goes Smart In Japan: CAN Deploys 4.5 MW To Support Grid — Details

Bitcoin mining is entering a new era in Japan, where it’s no longer viewed as an energy drain. The transformation is being spearheaded by Canaan (CAN), a forward-thinking initiative that integrates BTC mining into Japan’s renewable energy ecosystem to balance power demand and supply. This Is How Bitcoin Fits Into National Energy Policy In an… Continue reading Bitcoin Mining Goes Smart In Japan: CAN Deploys 4.5 MW To Support Grid — Details

Here’s What Happened The Last Time The Bitcoin Price Closed October In The Red

The crypto community has long referred to October as Uptober, a nickname earned through Bitcoin’s consistent history of strong monthly performances. The trend has been so reliable that the month became synonymous with price surges.  Bitcoin has always closed October in profit over the previous seven years, a record streak unmatched by any other month… Continue reading Here’s What Happened The Last Time The Bitcoin Price Closed October In The Red

Bitcoin Point Of Control Sits At $117K – Key Battle Zone For Bulls

Bitcoin (BTC) tumbled below the $110,000 level in a sharp move that rattled markets and triggered a wave of short-term panic selling. The sudden decline followed an initial post-Fed volatility spike, as traders reacted to the US Federal Reserve’s 25bps rate cut and announcement of an impending end to quantitative tightening. With uncertainty still lingering,… Continue reading Bitcoin Point Of Control Sits At $117K – Key Battle Zone For Bulls

Bitcoin (BTC) November Rally At Risk? Analysts Say This Week’s Close Holds The Key

Despite the Federal Reserve (Fed)’s announcement of a 25-basis-point rate cut, Bitcoin (BTC) has dropped nearly 4% in the past 24 hours, losing its local range low for the first time in a week. Some analysts have warned that this week’s close is crucial for the flagship crypto’s short-term performance. Bitcoin Price Eyes Crucial Weekly… Continue reading Bitcoin (BTC) November Rally At Risk? Analysts Say This Week’s Close Holds The Key

Bitcoin Records Over $300B Spot Volume In October – Investors Shift Away From Leverage

Bitcoin (BTC) has seen heightened volatility following the US Federal Reserve’s decision to cut interest rates by 25 basis points and announce the official end of quantitative tightening (QT) by December 1st. The move marks a pivotal shift in US monetary policy as the central bank signals the beginning of a more supportive liquidity cycle… Continue reading Bitcoin Records Over $300B Spot Volume In October – Investors Shift Away From Leverage

Bitcoin Struggles To Hold Key Support: Could $88,000 Be Next?

Bitcoin has struggled to reclaim the short-term holder Realized Price, a key on-chain level. Here’s where the next major support line lies for the asset. Bitcoin Has Again Dipped Below STH Realized Price In its latest weekly Realized Price” here refers to an indicator that measures the cost basis of the average investor or address… Continue reading Bitcoin Struggles To Hold Key Support: Could $88,000 Be Next?