Midway through January, crypto investors want to know why Bitcoin’s price spiked. Is it a dead cat bounce, a bull trap, or is the BTC bottom in soon, if not already past? Crypto analysts have […]
Glassnode released its first on-chain video report of 2023 on Tuesday, reviewing what could be data-based indicators of an emerging crypto bull market. The firm noted that both Bitcoin and Ether’s price and on-chain activity […]
Valuations in the cryptocurrency market have dropped significantly from their all-time highs, with the total market capitalization losing around $2.2 trillion – a decline of around 73%. Many altcoins, including some from the large caps, […]
Bear markets always appear to be long, drawn-out affairs, but the steep downtrend only really lasts a year or so. The crypto industry hit its all-time high of just over $3 trillion in market capitalization […]
Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles. Hash Ribbon indicators use simple daily moving averages to identify changes in hash rate […]
The IMF downgraded its projections for the global economy Tuesday, warning in stark terms: “The worst is yet to come, and for many people, 2023 will feel like a recession.” As the old joke goes: […]
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