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El Salvador Buys the Dip: Purchased Another 150 BTC Worth $7.3 Million

El Salvador Buys the Dip: Purchased Another 150 BTC Worth $7.3 Million

El Salvador’s pro-bitcoin president updated earlier today that the country has reacted to the recent price crash by purchasing 150 more coins at an average price of just over $48,500. It’s safe to say that El Salvador is the most bullish country on bitcoin as it legalized the primary cryptocurrency earlier this year. Since then, […]

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Bloodbath: Bitcoin Crashed to $42K, Altcoins See Double-Digit Slumps (Market Watch)

Bloodbath: Bitcoin Crashed to $42K, Altcoins See Double-Digit Slumps (Market Watch)

Bitcoin went through one of its worst crashes as it dumped by $16,000 in a matter of hours to a two-month low of $42,000. Most altcoins are deep in red with double-digit price losses, and the market cap went down by $600 billion at one point. Bitcoin Dumps to $42K A lot can change in […]

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Bitcoin Rejected at $60K Amid Fears of New COVID Variant: This Week’s Recap

The past seven were somewhat successful for Bitcoin, and the total market capitalization managed to increase by some $150 million. Some altcoins are really taking off, while others are seemingly in a stalemate situation. But let’s start with Bitcoin. The market leader failed to produce any meaningful gains but is up slightly above 2% in […]

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Here Are The 10 Best Performing Cryptocurrencies in November

Here Are The 10 Best Performing Cryptocurrencies in November

November was a month full of ups and downs. The total cryptocurrency market capitalization remained flat at around $2.65 trillion, but Bitcoin’s price is down a little more than 6% throughout the same period. This means that altcoins stepped up, which can also be confirmed by the declining BTC dominance. Bitcoin’s share relative to that […]

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Bitcoin Rejected at $59K as Shiba Inu Explodes 27% (Market Watch)

Bitcoin Rejected at $59K as Shiba Inu Explodes 27% (Market Watch)

After another unsuccessful attempt to overcome $59,000, bitcoin slumped by a few thousand dollars to $56,000. Most alts have stalled on a daily scale, aside from Shiba Inu, which has surged by double-digits following a listing on Kraken. Bitcoin Rejected at $59K During the weekend, bitcoin kept suffering as it had failed to conquer $55,000. […]

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Crypto Correction Deepens: Market Cap Below $2.5 Trillion, Ethereum Amid $4K Again (Market Watch)

Crypto Correction Deepens: Market Cap Below $2.5 Trillion, Ethereum Amid $4K Again (Market Watch)

The landscape in the cryptocurrency market continues to look dim, with bitcoin falling to overcome $55,000. The altcoins also struggle as Ethereum is close to breaking below $4,000, while Polkadot dumped by another 6% in a day. Bitcoin Suffers Below $55K It’s safe to say that bitcoin has seen better days, which weren’t all that […]

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Market Watch: Bitcoin Concludes Its Worst Day Since September

Market Watch: Bitcoin Concludes Its Worst Day Since September

The last day was particularly tumultuous throughout the entire cryptocurrency market and bears clearly had the upper hand. While an argument can be made that this is a correction that (so far) failed to damage the long-term market structure, it’s a fact that BTC’s price saw its worst day of trading since September 7th. Bitcoin […]

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Bitcoin’s Rollercoaster, Metaverse Hype, and Broader Market Concerns: This Week’s Recap

It’s been a very volatile week in the cryptocurrency market. Despite the turbulence, some altcoins managed to hold their ground and even appreciated in value, but the same can’t be said for Bitcoin. The primary cryptocurrency is down about 4% on a weekly basis, but this comes after a week of serious volatility. On Monday, […]

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Bitcoin Accumulation Accelerates as Whales Buy 0.29% of BTC’s Total Supply in a Week: Analysis

Bitcoin Accumulation Accelerates as Whales Buy 0.29% of BTC’s Total Supply in a Week: Analysis

Bitcoin’s price trading below $60,000 for over a week now has allowed some whales to accumulate more portions of the asset. On-chain data suggests that long-term holders and whales have bought 0.29% of the total supply in just a week. Bitcoin Whales Accumulating Ever since its peak at $69,000 on November 10th, bitcoin’s price has […]

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Metaverse Up, Memecoins Down: Bitcoin Consolidation Continues (Market Watch)

Metaverse Up, Memecoins Down: Bitcoin Consolidation Continues (Market Watch)

After another volatile 24 hours in which BTC went from $56,000 to above $58,000, the cryptocurrency has stalled again around $57,500. Most larger-cap altcoins are slightly in the red, while gaming tokens, such as MANA and SAND, have produced significant gains. Bitcoin Fails at $58K It was just a few days ago, during the weekend, […]

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