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Browsing: Bitcoin
A chart pattern similar to the one that preceded Bitcoin’s roughly 400% surge in the previous cycle is now appearing again, former Wall Street technical analyst Frank Cappelleri said in a recent CNBC appearance. Cappelleri said the current Bitcoin chart…
Interest in stablecoins is spreading among institutions, Bitwise CIO Matt Hougan said, according to Crypto Briefing. After speaking with about 40 global financial advisers, Hougan said he concluded they were showing greater interest in stablecoins and tokenization than in Bitcoin…
The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section represents cumulative volume delta, or CVD. – The upper volume heatmap tracks trading volume…
Former Bitcoin Core developer Peter Todd has joined the MARA Foundation as chief maintainer of Slipstream, BitcoinNews reported. The MARA Foundation was launched this year to support Bitcoin security and open-source technology development. Slipstream is a private mempool service that…
Bitcoin is regaining relative strength against U.S. stocks, according to on-chain analytics firm Glassnode. Glassnode said the share of trading days in June when BTC’s daily return outperformed the S&P 500 fell to around 20%, the lowest level in the…
Crypto analyst Rekt Capital said Bitcoin closed its September monthly candle above $82,500 and is likely to retest the $82,500 area this month. If BTC confirms support at that level, the next uptrend could continue, although the retest process may…
Crypto analyst Doctor Profit said on X that excessive leverage in the altcoin market and a surge in trading volume prompted the analyst to close most open positions and prepare for a possible correction. Doctor Profit added that the analyst…
ARK Invest CEO Cathie Wood said Kevin Warsh taking office as chair of the U.S. Federal Reserve would be a major positive for Bitcoin and that Wood still sees BTC reaching $1 million, according to The Bitcoin Historian.
Bitcoin analyst PlanB said on X that BTC closed September at $83,563, above both its realized price of $54,000 and its 200-week moving average of $66,000. Based on on-chain data, 71% of the total BTC supply is now in profit,…
Blockstream co-founder Adam Back supports introducing Bitcoin covenant opcodes, Cointelegraph reported. Back said covenant opcodes could reduce the need for future Bitcoin network soft forks and strengthen the security of Bitcoin Script.