-
Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its End
Ethereum Buyers Returning? On-Chain Metrics Suggest Correction May Be Nearing Its EndEthereum's 13% drop below the key $3,000 level since early August may be nearing its end, with two on-chain metrics indicating that the pullback could be ending soon. Crypto analysts are optimistic about the rise in Ethereum holdings and the "positive" receiver-to-sender ratio, suggesting that the long correction period may be coming to an end
-
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?
Bitcoin Short-Term Bullish and Bearish Battle: High Leverage Players Need to Be Cautious, Buying Opportunity Below 56,000?Last night, before the US stock market opened, Bitcoin fluctuated by more than its full-day range in just a few minutes. High-leverage players may have felt this impact particularly
-
Goldman Sachs and Morgan Stanley Buy Heavily into Bitcoin Spot ETFs in Q2
Goldman Sachs and Morgan Stanley Buy Heavily into Bitcoin Spot ETFs in Q2Morgan Stanley, too, expressed confidence in BlackRock's iShares Bitcoin ETF, revealing its ownership of 5.5 million shares valued at $188 million
-
When Markets Bleed, History Tells You to Buy Bitcoin
When Markets Bleed, History Tells You to Buy BitcoinIntroduction: August 2024 saw a panic sell-off in global stock markets, with Japan's Nikkei 225 suffering its worst performance since 1987 and the S&P 500 experiencing a significant decline. Bitcoin was not spared, plunging 14
-
Bitcoin Rebounds Strongly, Whale Buying Fuels Renewed Hope in Crypto Market
Bitcoin Rebounds Strongly, Whale Buying Fuels Renewed Hope in Crypto MarketThe cryptocurrency market has staged a strong rebound over the past 24 hours, with Bitcoin (BTC) surging nearly 5% and pushing the total market capitalization above $2.4 trillion
-
Is Dogecoin's Plunge a Buying Opportunity?
Is Dogecoin's Plunge a Buying Opportunity?Dogecoin [DOGE] has been performing poorly lately, with its price remaining low. However, some analysts believe that the current slump could present a prime buying opportunity for investors
-
Calm Before the Storm? Is the Bitcoin Price Dip a Buying Opportunity?
Calm Before the Storm? Is the Bitcoin Price Dip a Buying Opportunity?The recent cryptocurrency market has been turbulent, with the price of Bitcoin falling by 15% in the past month, causing widespread panic in the market. Some market observers attribute this decline to selling pressure from Bitcoin miners, Mt
-
Ethereum Short-Term Trend Analysis: Is a Pullback a Good Time to Buy?
Ethereum Short-Term Trend Analysis: Is a Pullback a Good Time to Buy?PrefaceHello everyone, I'm Lei Gong! Yesterday, I analyzed the short-term trend of Bitcoin, and the conclusion was that it would rise. However, the actual result was only a brief surge, followed by a drop below the first support level
-
BGD Belgrade Coin: Three Reasons Why Buying Bitcoin Now is a Good Time
After falling from a historical high of $15000 last year, Bitcoin faced serious setbacks in 2022. However, entering 2023, Bitcoin has shown astonishing resilience, with trading prices approaching $36000, an increase of over 110%
-
The scale of Bitcoin blockchain transactions is skyrocketing: whales are buying! Bitcoin
Recently, BitcoinThe transaction volume of blockchain has significantly increased, breaking the annual transaction record of $100000.According to the latest data from blockchain analysis company IntoTheBlock, the number of transactions carrying BTCs worth at least $100000 in the past week has reached 23400, exceeding the annual peak
-
With the sharp decline of counterfeit coins, is Ethereum's price forecast a time to buy on dips?
As cryptocurrency took back gains to allow for new liquidity and a new rebound, Ethereum prices fell below the support level of $1800.Since the rebound began in October, the cryptocurrency market has experienced a significant decline for the first time, with Bitcoin prices dropping 2
-
Quickly Understanding Bitcoin: Buying at a Low Price or Selling for Profit?
The weekly chart of Bitcoin prices shows a clear strong upward trend, which is relatively easy to understand. However, on chain indicators suggest that there may be peaks or potential corrections