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Tag Archives: BTCEUR

Bitcoin Bull Run Paused as Bears Test $37K Support (BTC Price Analysis)

By Shayan Bitcoin’s recent consolidation phase has expanded, with the price exhibiting a slight uptrend accompanied by exceptionally low volatility. Despite this, it remains within a narrow price range, emphasizing the necessity of a breakout to determine the cryptocurrency’s next direction. The Daily Chart A detailed examination of the daily chart reveals a prolonged consolidation near the critical resistance region of $38K, where the price lacks a discernible direction....

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Bitcoin Soars to 18-Month High Above $38K Despite Changpeng Zhao’s Departure From Binance: This Week’s Recap

A lot can happen in seven days in a volatile industry like the crypto sector, and it indeed did over the past week. Arguably, the most significant piece of news came a few days ago when the US Department of Justice announced a massive settlement deal with the world’s largest crypto exchange – Binance – that had severe consequences. On the one hand, the company had to depart with $4.3 billion in the form of a fine without admitting any guilt. On the other hand, though, the...

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Bitcoin Tumbles Toward $36K as Crypto Markets Sell Off: This Week’s Recap

The broader cryptocurrency market took a turn for the worse throughout the past seven days as the majority of coins are trading in the red. This comes after weeks’ worth of increases in what seems to be an expected correction. Bitcoin’s price is trading at a 3% loss, tumbling toward $36K at the time of this writing. The leading cryptocurrency was unable to keep up the bullish momentum. It soared toward $38K on Thursday, but it retraced almost as quickly as it skyrocketed. All...

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Bitcoin Crashes Back to $35k Triggering $367 Million in Liquidations

Bitcoin (BTC) plummeted back to $35,100 on Tuesday after briefly rallying as high as $38,000 late last week. The collapse has triggered over $367 million in liquidations across the crypto market in the past 24 hours. According to Coinglass, over $200 million in liquidations have occurred in the past hour alone. Across the day, over 103,000 traders have been liquidated, with the largest being a BTC-USDT swap on OKX valued at $9.45 million. Bitcoin started the day trading for...

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Bitcoin Explodes to $37K, Ethereum Reclaims $2K, Solana Rallies Beyond $50: This Week’s Crypto Recap

This week has been all about prices, hence the title. It appears that there’s tremendous anticipation for the approval of a spot Bitcoin ETF, which seems to be one of the main explanations given by many experts of the ongoing rally. A lot happened price-wise, so let’s unpack. First things first, it’s important to note that the SEC is currently in a tight window to make a decision on whether or not they will approve a spot Bitcoin ETF. There’s the possibility of more delays,...

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Bitcoin Tops $35K as These Altcoins Skyrocket: Market Watch

Bitcoin’s price managed to climb above the coveted $35,000 level, which seems to be the major target for the bulls throughout the past few days. Meanwhile, some of the altcoins are popping and charting massive gains. Bitcoin Reclaims $35K Bitcoin’s price is pushing above $35,000 in an attempt to reclaim this level once again. At the time of this writing, the cryptocurrency is trading at around $35,100, charting an increase of around 0.8% throughout the past 24 hours. Source:...

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Bitcoin Consolidates Around $35K, SOL Leads Altcoin Rally, SBF Found Guilty: This Week’s Recap

This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency is still up throughout the past seven days, but not as much as last week. SBF was found guilty, Solana (SOL) is exploding, and whatnot. A lot happened this week, so let’s dive in. Starting with BTC’s price, the cryptocurrency is trading at slightly below $35K at the time of this writing, marking an...

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Bitcoin Dominance Is Still In Its Expansion Phase: Glassnode

Data from previous crypto market cycles suggests that Bitcoin (BTC)’s dominance over altcoins will likely keep rising over the next several months, according to Glassnode. In a newly published report, the blockchain and market intelligence outlined how the leading crypto asset’s dominance is shaping up against the second largest crypto, Ethereum (ETH), compared to previous years. Ethereum Beating Gold, But Losing to BTC When weighed against gold, Bitcoin has appreciated by...

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Is the Bitcoin (BTC) Price Rally in Danger? Ominous Overheating Signal to Watch

In 2023, Bitcoin has delivered remarkable gains, surpassing the initial recovery phase and resuming an upward trajectory. The crypto-asset’s price has been hovering a little over $34,000 as it continues to ride on the coattails of spot ETF hype. But it is approaching the overheating zone, something that investors should pay attention to. According to CryptoQuant’s latest analysis, investors should be “cautious” and not “over-bet on their investments. Bitcoin Approaching...

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Former Ripple (XRP) CTO, 7000 BTC in a Hardware Wallet and Their Potential Recovery: The Story

In September, a Seattle startup lab of white hat hackers sent proof to a senior writer at WIRED Magazine that they could crack the IronKey S200 thumb drive containing 7002 Bitcoins. But former Ripple CTO Stefan Thomas incredibly refused an offer by the Seattle startup, named Unciphered, to access the USB drive for him. Fmr. Ripple CTO Getting Closer to His 7002 Bitcoins Thomas told WIRED that he had already hired another team to work on the problem for him. The former Ripple...

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