Pepe Whale Triggers Panic, Dumps 150 Billion Tokens As Price Falls
A big player in the world of Pepe coin has cashed out a large chunk of their holdings, causing the price of the meme coin to wobble. This investor, who got in early on Pepe, sold off 150 billion tokens on a crypto exchange, Binance. The sale amounted to about $1.14 million. It’s a significant…
Coinbase Stocks Slide Over 30% This Quarter, Matching Post-FTX Collapse Lows
Shares of Coinbase (COIN), the largest crypto exchange in the US, have faced significant declines during the first quarter (Q1) of the year, primarily due to escalating concerns about the US economy and its impact on digital assets. Coinbase And Others Face Increased Volatility According to Bloomberg, Coinbase’s stock has dropped more than 30% since…
Warning Signs Emerge: Analysts Say Bitcoin’s Recent Rise May Have Been a Mirage
After showing signs of recovery last week, Bitcoin appears to have lost its upward momentum once again. The cryptocurrency was closing in on the $90,000 psychological level but has since reversed direction, falling by 6.4% over the past week to hover around $82,000 at the time of writing. This decline has placed renewed attention on…
Bitcoin Price Battles Key Hurdles—Is a Breakout Still Possible?
Bitcoin price started another decline below the $83,500 zone. BTC is now consolidating and might struggle to recover above the $83,850 zone. Bitcoin started a fresh decline below the $83,200 support zone. The price is trading below $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Bitcoin Whales Accumulate as Short-Term Holders Capitulate—What This Mean for BTC
Bitcoin has continued to show weakness in price movement, with limited upside momentum over the past several weeks. The cryptocurrency has declined by 22.3% in the last month alone, bringing its price down to $83,191 at the time of writing. The drop reflects ongoing uncertainty in the broader crypto market, as investors are struggling with…
Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio
Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC. This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms…
Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?
A popular market analyst with X username Satoshi Flipper has predicted that Bitcoin could experience a full market rebound after breaking out from a falling wedge pattern. The premier cryptocurrency rose to above $88,000 in this past trading week before experiencing a sudden crash on Friday driven by macroeconomic pressures. Bitcoin’s Falling Wedge Breakout Sparks…
Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details
By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data…
Bitcoin Bears Tighten Grip—Where’s the Next Support?
Bitcoin price started another decline below the $85,000 zone. BTC is now consolidating and might struggle to recover above the $83,500 zone. Bitcoin started a fresh decline below the $83,500 support zone. The price is trading below $83,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…
Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000
Bitcoin’s price action in the past 48 hours has seen it approaching the $80,000 price level again, with risks of breaking to the downside. Looking at on-chain data shows a notable support level between $80,920 and $78,000 that must not be broken. Particularly, on-chain analytics from Glassnode point to a thinning of support at the…