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Bitcoin Hits $115K After CPI Data and Ahead of FOMC as BNB, HYPE Break Records: Your Weekly Recap
The business week was marked by important macroeconomic events, including the much-anticipated CPI data for August, which could set the tone for the Fed’s next big move. But first, let’s rewind the cl...
Is Bitcoin’s Bull Market Redefining Itself as Staircase-Style? MVRV Data Suggests Yes
Bitcoin’s Market Value to Realized Value (MVRV) ratio has once again slipped below its 365-day simple moving average (SMA365), which has raised questions about whether the current cycle is deviating f...
Bitcoin Price Climbs to 2-Week High at $114K Ahead of US CPI Data: Market Watch
Bitcoin’s price jumped by a few grand yesterday and has maintained around $114,000 ahead of the highly anticipated US CPI data, which will be announced later today. Most larger-cap altcoins are in the...
Bitcoin Miners Flip the Script: Why They’re Accumulating Instead of Selling This Cycle
CryptoQuant has flagged a major change in Bitcoin miners’ strategies, with implications that could reshape investor expectations for the current cycle. In previous instances, the Miners’ Position Inde...
These Altcoins Blow Up as Bitcoin (BTC) Challenges $113K Again: Market Watch
Bitcoin’s price took a sharp turn for the worse yesterday when it was rejected at $113,000 and pushed south by over two grand. However, the bulls are making a return as of press time. Most of the larg...
Bitcoin Addresses That Only Buy and Never Sell Just Hit Record Levels
A unique group of Bitcoin investors is quietly making history by boosting BTC’s long-term investment narrative. Known as accumulator addresses, these wallets have a very distinct trait: they only buy ...
MYX Finance Explodes by 280% Daily, Bitcoin Flirts With $113K: Market Watch
Bitcoin’s price continues to reclaim some of the recently lost glory, and jumped past $113,000 for the first time since Friday. Many altcoins have produced more substantial gains, including some of th...
El Salvador Celebrates 4 Years of Bitcoin Legal Tender with 21 BTC Purchase
El Salvador just marked the fourth anniversary of its Bitcoin legal tender law with a symbolic acquisition of 21 BTC. The purchase comes despite International Monetary Fund (IMF) restrictions followin...
BTC Mining Difficulty Climbs to All-Time High Amid Surging Miner Activity
Bitcoin’s mining difficulty has once again hit a new all-time high. This time, it has soared above 136 trillion, indicating increased activity among miners. According to on-chain data from the blockch...
Strategy and Metaplanet Announce Latest Bitcoin Purchases: Details
Michael Saylor’s business intelligence software giant has completed another impressive bitcoin purchase, growing its stash to 638,460 BTC. The Japan-based Metaplanet, also referred to as the Asian Str...
HYPE Shoots Past $50 as BTC Price Eyes $112K: Market Watch
Bitcoin’s rather dull price actions have continued in the past 48 hours, but the asset managed to chart a minor gain toward $112,000 earlier today. Several altcoins have produced more impressive daily...
3 Things That Could Influence Crypto Markets in Big Week for Inflation Data
Markets declined last week after the US jobs reports confirmed that the labor market is visibly slowing down. Crypto assets have been range-bound over the weekend, awaiting another week that is packed...