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Bitcoin Kimchi Premium in South Korea Soars to 2-Year High, Is That Bad News for BTC?

South Korea’s Bitcoin kimchi premium has soared to levels last in 2021 amid Bitcoin’s latest rally that resulted in a new all-time high. Data from CryptoQuant shows that the premium…

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Bitcoin Supply Distribution Begins But Sustained Bull Market to Continue: Analysis

On March 7, crypto analyst Dylan LeClair posted a lengthy report on the current state of the Bitcoin market. “Supply distribution has started,” he said, highlighting how Bitcoin holders have…

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Bitcoin (BTC) Price Volatility, Shiba Inu (SHIB) Advancements, Cardano (ADA) Predictions: Bits Recap March 7

TL;DR Bitcoin hit a new all-time high of over $69,000, then dropped nearly $10,000, but recovered to around $66,000. Optimism remains high due to the upcoming halving. Shiba Inu surged…

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Speculative Trades Flushed Out as Bitcoin, Ethereum, Solana’s Open Interest Drops

Bitcoin reached a fresh all-time peak, surpassing $69,300 this week, only to swiftly correct by over 10%. Prior to this event, the open interest in Bitcoin futures and perpetual pairs…

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Bitcoin’s $69K ATH Test Leads to Massive Rollercoaster but What’s Next? (BTC Price Analysis)

Bitcoin has achieved a significant milestone by reaching its all-time high of $69K after 847 days, reflecting a notable surge in confidence within the cryptocurrency market. However, this achievement is…

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Here’s Why Bitcoin’s (BTC) Correction is Very Beneficial for Market Positivity: CryptoQuant

Bitcoin went through a massive correction to under $60,000 after blasting past a new all-time high above $69,000 on Wednesday. Experts indicate that despite the volatility, there’s continued positivity in…

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These Important Shiba Inu (SHIB) Metrics Skyrocket Amid Massive Volatility

TL;DR Bitcoin’s price drop from its all-time high was followed by a broader market retracement, but the asset partially recovered. Shiba Inu’s value also fell but remains up significantly over…

Continue ReadingThese Important Shiba Inu (SHIB) Metrics Skyrocket Amid Massive Volatility