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Is Bitcoin heading towards another crash? That's what the data says
Bitcoin (BTC) is a leading cryptocurrency by market value, and has been in a horizontal trend since its level of $28000 fell. As of the time of writing this article, BTC's current value is $26800, which has experienced a significant decline in all time frames
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BNB based on Coin Security Chain is about to be launched and will begin conversion on April 23rd
Disclaimer: This article does not constitute any investment advice.Editor: Remember to follow meArticle source: Bi TuiAccording to the announcement of Binance on April 18 of the cryptocurrency exchange, it has launched the main online security chain and is expected to implement the conversion of its native token BinanceCoin (BNB) on April 23
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This Bitcoin indicator is at a critical moment, will bulls find victory?
On chain data shows that Bitcoin indicators are currently being retested at a critical level, which may determine the direction of the market from here.Bitcoin short-term holder SOPR has dropped to 1As an analyst pointed out in a CryptoQuant post, short-term holders are currently selling at breakeven points
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Bitcoin fell below $27000 as investors focused on debt ceiling negotiations
Treasury Secretary Janet Yellen has warned that the United States may break its debt ceiling before June 1st, and a default could trigger an economic recession.BTCAccording to CoinDesk data, the largest cryptocurrency by market value has recently traded at $26950, a decrease of approximately 1
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Bitcoin is clearing the pile of unconfirmed transactions, but it is still at a historic high. Will it continue to fall?
Bitcoin is clearing through unconfirmed transaction stacks, but still at historical highsPrice:In the debate over the role of Bitcoin and concerns about halving, Bitcoin and Ethereum have started to remain flat in East Asia; Cobo's data indicates that market confidence is recovering, while Bybit links the surge in memecoin to reinvestment and warns that if Bitcoin fails to stabilize above $30000 after halving, it will have an impact on mining.opinion:The reduction in Bitcoin congestion has affected the rise of counterfeit coins, while the demand for BRC-20 tokens has led to high fees and increased miners' income without new users, which may change the relationship between Bitcoin and Ethereum and its market dynamics
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Historical intersection indicates that Ethereum (ETH) is in a leading position
On chain data shows that the buy/sell ratio of Ethereum recipients has recently formed a crossover, which historically indicates that asset prices have reached their peak.Ethereum Maker buy/sell ratio recently crossed 280 day and 476 day moving averagesAs an analyst pointed out in a CryptoQuant post, the last time this crossover was formed was in May 2021, when ETH observed a bull market rebound at the top
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If the US defaults, retail investors will prefer Bitcoin over the US dollar: Survey
A new survey shows that retail investors prefer Bitcoin over the US dollar in the event of default.Experts warn that the United States may default as early as June 1st
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Since users cast DRC20 tokens, the transaction volume of dogcoin exceeds that of bitcoin and Litecoin
Dogcoin is the largest meme coin by market value, with a significant increase in daily trading volume reported. These trading volumes have increased to a record high and now exceed the trading volume of some digital assets with the largest market value in this field, such as Bitcoin, Litecoin and Bitcoin gold
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Why is Ethereum's revenue currently the most anticipated among cryptocurrencies.
With the development of the cryptocurrency world, Ethereum (ETH) investors are beginning to pay attention to the power of returns and their potential impact on cryptospace. The return rate is essentially the return that investors receive for holding cryptocurrency, which can take various forms
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Even if Bitcoin returns to the $20000 coin circle, the crisis is still fermenting
The market's expectation of inflation peaking and the Federal Reserve's imminent slowdown in interest rate hikes has temporarily lifted cryptocurrencies from the shadows.As of January 14th, Bitcoin has risen for 11 consecutive days, soaring over $21000
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referring to the great fright of routed soldiers! CoinFlex, a currency exchange, failed to resume withdrawals as scheduled, and Bitcoin fell below $19000
Mark Lamb, CEO of CoinFlex, a cryptocurrency exchange, stated on Wednesday that CoinFlex may not be able to resume customer withdrawals as originally planned on Thursday.On the same day, Lamb stated in an interview with the media:We need more time
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The strong US dollar is spreading to digital currencies! Bitcoin has fallen below $19000 again, with a 1 billion dollar exposure
The strengthening of the US dollar not only causes non US currencies to continue to decline, but also makes it difficult for the digital currency market to escape the disaster of a pond fish.On Wednesday, September 7th, Bitcoin plummeted by over 5% at one point, and although it regained its lost ground and slightly rebounded, it remained below the $19000 mark