In the midst of the recent downtrend in the price of Bitcoin, Michael Saylor, the co-founder and chairman of MicroStrategy, has made a bold statement that has caught the attention of the crypto community. He took to Twitter to assert, “You do not sell your Bitcoin.” This message comes at a critical moment when some
Crypto
Bybit’s latest Block Scholes Crypto Derivatives Analytics Report sheds light on the decreasing open interest in perpetual contracts, indicating a declining confidence in the market. This trend is concerning, as it suggests that traders are becoming more cautious due to the persistent volatility in the market. The fact that trading volumes have also decreased further
The days of Bitcoin rallies seem to have come to a screeching halt, catching many experts and investors off guard. The prevailing sentiment in the cryptocurrency market is one of pessimism, with many predicting that there will be no further bull run for Bitcoin. The initial euphoria that characterized the beginning of the year has
The experts at Spot On Chain have identified several reasons why Bitcoin could see a positive trend in September. One of the key factors is the historical trend where nearly 43% of negative Augusts have been followed by positive Septembers. This pattern suggests the possibility of a rebound for Bitcoin in the coming month. Additionally,
The cryptocurrency market is facing the possibility of a tumultuous month ahead due to the release of key economic data in September, particularly related to employment. These releases have a significant impact on the performance of digital assets, as well as traditional markets. There are a number of crucial events on the horizon this month
The cryptocurrency market has been experiencing a bearish sentiment over the past week, with the total market cap currently standing at $2.04 trillion after a 0.39% decrease in the last day. This downward trend has raised concerns within the community as the market cap approaches the critical $2 trillion mark. Bitcoin (BTC), the dominant cryptocurrency
Peaq, a cutting-edge blockchain platform focusing on decentralized infrastructure networks (DePIN), is gearing up to unveil its layer-1 blockchain between September 22 and September 30. The official X account recently made the announcement, highlighting that the platform will be powered by Polkadot and is poised to introduce its native token. With ambitions to bring over
Financial journalist and Bitcoin advisor to El Salvador’s president, Nayib Bukele, Max Keiser, recently shared his thoughts on the rapidly growing national debt of the United States. Keiser took to his social media account, X (formerly known as Twitter), to discuss the concerning issue. He quoted a tweet from @RadarHits X, revealing that the U.S.
Recent on-chain data has revealed a significant movement of Bitcoin out of crypto exchanges, with a whopping 40,000 BTC exiting these platforms in the last 48 hours. This movement coincides with a period of lackluster price activity for Bitcoin, prompting speculation that major market players see the current price levels as an attractive buying opportunity.
Recent on-chain data has shown that a significant amount of Bitcoin has been deposited to Binance by a whale or institution, totaling 2,364 Bitcoin worth nearly $140 million. This move has sparked speculation within the cryptocurrency market as depositing to exchanges typically indicates an intention to sell. On the other hand, withdrawals usually suggest an