Santiment tweeted yesterday that traders panicked and sold BTC recently.
According to the firm, prices have historically risen when FUD words like “sell” and “bearish” have emerged.
The PPI data coming out later today may postpone the crypto market recovery to next week.
The blockchain intelligence firm Santiment tweeted yesterday that many traders and investors had panicked and sold Bitcoin (BTC) over the past 24 hours. According t...
Crypto Market News: The PEPE Coin took the crypto market by storm as it zipped past the top 100 crypto token club in terms of market size in a space of just two weeks. The frenzy around the cryptocurrency is now spread to various other memecoins, while the rest of the crypto market has been in a lull as Bitcoin price saw sideways movement in the past few weeks. In the meanwhile, the listin...
Bitcoin (BTC) has recently come under some selling pressure as the gas fee has shot up to a two-year high forcing popular players like crypto exchange Binance to suspend withdrawals.
As per the on-chain data, the Bitcoin shorts on the crypto exchange BitMEX have surged to their two-month highs. However, as per on-chain data provider Santiment, this increases the chances of a bounceback. It...
Crypto Market News: Sandeep Nailwal, the co-founder of Polygon, expressed his disappointment over the lack of high quality applications built on the blockchain space. He made the bearish comment over the lack of high quality and high user presence in blockchain based applications, in the context of expanding the web 3.0 further into the mainstream world. Acknowledging the power of layer bl...
Santiment recently highlighted that BTC’s funding rate on Bitmex has dropped to its most negative ratio since March.
According to the firm, BTC’s price may surge soon if history repeats itself.
At press time, the price of BTC was trading at $27,673.51 after a slight 24-hour gain.
Santiment, the blockchain intelligence firm, tweeted this morning that the funding rate for Bitcoin (BTC) on Bitmex has recently reached its most negative ...
The crypto trader and analyst Jason Pizzino discussed the current altcoin market bloodbath in his latest video.
According to him, the market will experience another pullback in the short-term before rallying.
Pizzino predicted that the USDX breaking below the current support level will result in BTC pumping.
The crypto trader and analyst Jason Pizzino uploaded his latest technical analysis for Bitcoin (BTC) to his YouTube channel th...
Crypto Market News: It would be an understatement to just say Pepe Coin amassed impressive crypto trader demand since its recent launch. The memecoin was, in fact, at one stage leading the crypto market rally following its listing on Binance. However, a PEPE Coin price surge by 34 times over the last three weeks was followed by significant correction to the 300% weekly rise after the Binan...
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at
source
The world’s largest cryptocurrency Bitcoin (BTC) continues to face strong selling pressure and might soon enter a major correction ahead.
Over the last 48 hours, a lot of things have been happening in the Bitcoin ecosystem with BTC gas fees skyrocketing to new highs and resulting in all the drama with crypto exchange Binance suspending withdrawals twice on Sunday.
There have been speculat...
The broader digital currency ecosystem is experiencing its current price onslaught after reports showed that the Bitcoin network is experiencing a massive transaction congestion. This congestion resulted in skyrocketing gas fees that forced some exchanges to halt BTC transactions over the weekend.
Commenting on the event, top crypto market analyst, Willy Woo said there are notable pros and c...
