The crypto market has not been favorable since the Fed rate hikes. As the fight against inflation becomes more aggressive, financial markets bleed. Many coins are trading in the red rather than recovering as investors expected. Bitcoin and other altcoins lost last week’s gains and are now struggling to stay at expected levels. As of September 5, trading prices for ...

For the world’s leading cryptocurrency, Bitcoin, 2022 is filled with many highs and lows. Bitcoin has gone through several dilemmas that have twisted its performance and sentiment in the industry. The chronic crypto winter of the year halved the value of most crypto assets, of which BTC took a heavy blow. Although the beginning of the second half of the ...

Data from the chain shows that the supply of Bitcoin older than two years has recently moved to derivatives exchanges, suggesting whales may be positioning themselves in the futures market. Derivatives Exchange Bitcoin Supply Inflow Over 2 Years Has Increased As noted by an analyst in a CryptoQuant afterrecent short-term dominant open interest has fallen, while some old currencies have ...

Bitcoin has experienced a low-volatility trading session as the cryptocurrency moves within a tight range. The cryptocurrency flirts with a critical support zone of around $19,500, which has held up despite last week’s spike in selling pressure. At the time of writing, Bitcoin (BTC) price is trading at $19,700 with sideways movement for the past 24 hours and the past ...

On-chain data shows that Bitcoin’s open interest has been growing slowly lately, something that could lead to more volatility in the crypto’s price. Bitcoin Open Interest Rising as Financing Rates Approach a Neutral Value As noted by an analyst in a CryptoQuant afterBTC’s open interest has gained about $500 million in recent days. the “open interest” is an indicator that ...

The past two weeks have taken another turn for almost all crypto assets, especially Bitcoin. While crypto market prices saw some positive moves north in July, most tokens were unable to sustain their growth after that. In addition, there have been other losses in the crypto market recently, which have thrown the entire market out of balance. A record over ...

Bitcoin funding rates over the past two months have entered one of their worst streaks to date. During this time there were no positive funding rates, and the best the market has seen is funding rates at a neutral level. But even now, reaching neutral levels has proved incredibly difficult for funding rates, taking a deeper dive each week. Financing ...

The year 2022 has proved unfavorable for the crypto market. The industry has faced a prolonged bear trend, with the flagship currency, Bitcoin, nearly 70% lower than its November 2021 ATH. Still, the market fear has not ruined investor interest in Bitcoin. Data shows that more than half of investors continue to hold their BTC holdings even in the crypto ...

The first monthly gain since March, bitcoin mining revenues rose 10% in August. Bitcoin mining revenues soar About $657 million was earned by miners last month, according to statistics collected by The Block Investigation. In the most recent update published on Wednesday, the difficulty of mining bitcoin increased by 9.26%, while the hash rate increased by more than 13%. According ...