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Bitcoin Approaches Crucial Level as Open Interest Concerns Abound: Bitfinex

Bitcoin (BTC) is approaching a crucial price range, one that analysts say will be the first real resistance test. The cryptocurrency surpassed $69,500 on October 21, crushing the level last…

Continue ReadingBitcoin Approaches Crucial Level as Open Interest Concerns Abound: Bitfinex

Price Rallies From DOGE and APE, Bitcoin (BTC) Neared $70K, and More: Bits Recap Oct 21

TL;DR Dogecoin (DOGE) jumped substantially in the past several days, hitting its highest price in 18 months. Bitcoin (BTC) reached a three-month high near $69,500, with predictions of further growth.…

Continue ReadingPrice Rallies From DOGE and APE, Bitcoin (BTC) Neared $70K, and More: Bits Recap Oct 21

Will Bitcoin Repeat History? On-Chain Data Suggests a Q4 Breakout: CryptoQuant

Historical data shows bitcoin (BTC) performing well in the fourth quarters of previous bull cycles, especially in halving years. Current on-chain data indicates that the leading cryptocurrency is following previous…

Continue ReadingWill Bitcoin Repeat History? On-Chain Data Suggests a Q4 Breakout: CryptoQuant

Bitcoin Explodes Above $68K as Dogecoin Leads Altcoin Gains: This Week’s Crypto Recap

To say that it’s been a good week for the cryptocurrency market would likely be an understatement. The total capitalization is currently sitting at $2.45 trillion, which means that it’s…

Continue ReadingBitcoin Explodes Above $68K as Dogecoin Leads Altcoin Gains: This Week’s Crypto Recap

Will Crypto Markets Continue to Surge Amid $1.26B Bitcoin Options Expiring 

Around 18,500 Bitcoin options contracts are expiring on Friday, Oct. 18, with a notional value of around $1.26 billion. Today’s options expiry is very similar to last week’s, with declining…

Continue ReadingWill Crypto Markets Continue to Surge Amid $1.26B Bitcoin Options Expiring 

This Declining Major Bitcoin Metric Hints at Upcoming BTC Bull Run: Details

TL;DR Bitcoin soared to around $67,400, with some metrics suggesting potential for further gains. However, some bearish signals, such as an overvalued MVRV ratio and overbought RSI, indicate a possible…

Continue ReadingThis Declining Major Bitcoin Metric Hints at Upcoming BTC Bull Run: Details

Important Ripple v. SEC Lawsuit Updates, Bitcoin (BTC) Price Rally, and More: Bits Recap Oct 17

TL;DR Ripple and SEC are entering a new phase in their lawsuit, with filings and appeals extending the case. Bitcoin briefly surged past $68,000, fueling optimism about a potential bull…

Continue ReadingImportant Ripple v. SEC Lawsuit Updates, Bitcoin (BTC) Price Rally, and More: Bits Recap Oct 17