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Crypto News

Fears of Bearish Correction Loom as Bitcoin OTC Deals Plunge

Fears of Bearish Correction Loom as Bitcoin OTC Deals Plunge

[ad_1] Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its over-the-counter deals. According to data fetched by CryptoQuant, the total amount of Bitcoin tokens flowing out of Coinbase Pro’s addresses to their newly-created custodial cold wallets has decreased ever since BTC/USD crossed above $23,000. Coinbase Pro […]

Bitcoin Eyes $30K as UK Vaccine Approval Boosts Risk Appetite

Bitcoin Eyes $30K as UK Vaccine Approval Boosts Risk Appetite

[ad_1] Bitcoin secured yet another record high level on Wednesday, helped by news of Anthony Scaramucci’s SkyBridge Capital investment’s investment into the cryptocurrency space. The benchmark cryptocurrency topped at $28,580 during the Asian morning session after reports revealed that the investment management firm had purchased $182 million worth of Bitcoin. The news soon followed a […]

binance, binance coin, bnbusd, bnbusdt, bnbbtc

Binance Fractal That Last Sent BNB Up By 290% Flashes Again

[ad_1] Binance’s native token BNB was among the few gainers on Tuesday as the rest of the high-cap cryptocurrency assets corrected lower. Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com The BNB/USD exchange rate climbed up to […]

Ethereum, ETHUSD, ETHBTC, ETHUSDT, cryptocurrency

Ethereum Price Hits 37-Month High on Strained Supply Rate

[ad_1] Ethereum prices rose Monday as its on-chain fundamentals confirmed supply constraints across all the leading exchanges against rising demand. The Ethereum-to-dollar exchange rate climbed by up to 8.72 percent to $740, a level it last tested in May 2018. Intraday-wise, the pair’s upside move came in the wake of a correcting Bitcoin, which, on […]

Bitcoin Almost Taps $28,000 in Continued Holiday Rally

Bitcoin Almost Taps $28,000 in Continued Holiday Rally

[ad_1] Bitcoin has continued to erupt higher, even as certain traders have asserted that the market is clearly overbought. As can be seen in the chart below, BTC recently moved toward $28,000. While it did not manage to tap that level, it peaked at $27,900 on top exchanges. Bitcoin currently trades for $22,700 as buying […]