Bookmarking Crypto Insights
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The price of bitcoin (BTC) increased by 1.9% over the past day, peaking at an intraday high of $69,404 around 9 a.m. EDT on Saturday. Over the last week, BTC has climbed by 3.1% and has risen 16.8% over the past two weeks. Bitcoin’s Upward Momentum: Key Stats and Market Impact Bitcoin is gaining momentum … Read more
A recent report from Bybit and Block Scholes reveals shifting investor sentiment in the crypto derivatives market, favoring ethereum over bitcoin. This insight, derived from analysis of market trends across various trading formats, highlights an optimistic outlook for ether, especially with the impending launch of spot ether exchange-traded funds (ETFs) in the United States. Shift … Read more
Current data from the Crypto Fear and Greed Index (CFGI) indicates that crypto sentiment has been in a state of “extreme fear” for the past two days. According to Alternative.me’s CFGI, the sentiment scored 25 out of 100 in the daily readings on Friday and Saturday. CFGI Reports ‘Extreme Fear’ Over the Past 48 Hours … Read more
Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other experts see silver as a promising investment amid economic uncertainties. Peter Schiff Recommends Investing in Silver … Read more
On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000. The wallet, created on Nov. 20, 2013, had remained inactive for over ten years and seven months. At that time, bitcoin was valued at $644 per coin, making the entire cache worth … Read more
Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history, types, and application of moving averages leveraged in bitcoin trading, highlighting their significance and utility in the crypto market. The History … Read more
Despite a general downturn in crypto markets, gold has appreciated by 3% over the past five days, currently trading at $2,391 per ounce this weekend. Supporters of gold anticipate the precious metal will continue its strong performance in the latter half of 2024. Similar to predictions for bitcoin, a Trump 2.0 era could further boost … Read more
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several … Read more
Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the price currently at $55,338. Over the past 24 hours, Bitcoin’s price has ranged between $53,550 and $58,673, with a market capitalization of $1.08 trillion and a 24-hour trade volume of $54 billion. Bitcoin Bitcoin’s 1-hour … Read more
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) reversed their continuous outflow trend, attracting $31.01 million in net inflows. Leading the charge, Fidelity’s FBTC garnered $49 million, while Grayscale’s Bitcoin Trust (GBTC) experienced approximately $30 million in outflows. U.S. Spot Bitcoin ETFs Rebound On Tuesday, spot bitcoin ETFs in the U.S. reversed a week-long trend … Read more
