'Bitcoin’s six-week run of outflows has been driven' by these factors

The Bitcoin market was witnessing strong sell-offs for over a month now.

Crypto Analyst Issues Warning to Fellow Traders, Predicts Bitcoin Will Follow Path of Technology Stocks

A popular crypto analyst warns that most traders would be better off staying on the sidelines instead of trying to play the volatile Bitcoin market.

Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K

Spot Bitcoin prices rallied toward $40,000 over the weekend but hinted at bullish exhaustion as CME Bitcoin futures opened Monday with a $1,500-plus gap. A run-up toward $40,000 in the Bitcoin (BTC) market risked exhaustion as Chicago Mercantile Exchange’s futures opened on Monday with a gap of $1,575, the first since May 17.In retrospect, the downside risks heightened due to Bitcoin’s recent bearish pullbacks near the $40,000 level.

Cardano Price Analysis: 10 June

As the Bitcoin market recovered from the fall, Cardano also climbed higher on the price scale.

New report: El Salvador Bitcoin pump failed to attract smart money, for now

Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod. Bitcoin (BTC) logged its best daily performance on Wednesday since Feb.

JPMorgan points to weak Bitcoin futures as signal for bear market

Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted. JPMorgan’s cryptocurrency market analysts have pointed to the difference between Bitcoin’s (BTC) spot prices and BTC futures prices as a potential bearish sign for the market.In a Thursday note to clients, JPMorgan analysts led by global market strategist Nikolaos Panigirtzoglou wrote that the Bitcoin market has returned to backwardation — a situation when the spot price is above futures prices.

With Bitcoin outflows increasing, what's the status of Ethereum, XRP, and ADA?

Bitcoin market has been hit with downward volatility causing its price to fall to $32k.

A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst

Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.

MicroStrategy Offers USD 400M Bitcoin Market Test

MicroStrategy’s CEO Michael Saylor.

Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%

The latest rally in BTC shorts is similar to what appeared ahead of the Elon Musk-led May 19 market crash. Bitcoin (BTC) bulls should brace for a potential onslaught from bears as the number of margined short positions on Bitfinex jumps by a little over 378%.Known to most by the ticker BTCUSD Shorts, the dataset records the number of bearish positions in the Bitcoin market.

Ruffer Exited The Bitcoin Market In April With $1 Billion in Profit

One of the public companies with the largest Bitcoin portfolios cashed out its last investment in April well before the cryptomarket slump.

Cardano Price Analysis: 1 June

The Bitcoin market has been noting a consolidation phase in the short term, resulting in most altcoins finding a stable price.

Ethereum Price Analysis: 31 May

As the Bitcoin market noted a strong surge, at the time of writing, Ethereum's price also rallied higher.

Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?

A recent market outlook published by Glassnode shows institutions are returning to the Bitcoin market after May 19 crash. Bitcoin (BTC) has crashed by around 44% from its all-time high of $64,899, signaling an end to its second-largest bull run that started in March 2020.

Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin

Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO).

Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin Market

Nobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market.

Bitcoin Lost Over $500 Billion in Market Capitalization With the Latest Correction

The downtrend witnessed in the Bitcoin market has caused the top cryptocurrency to shed more than $500 billion in market cap.

Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’

Digital currency markets have been consolidating after taking some heavy losses during the last few days.

Litecoin, Monero, Ethereum Classic Price Analysis: 17 May

The Bitcoin market has been on a downtrend and the altcoin market has been mirroring its losses.

Bitcoin market dominance falls to three-year low of 40%

Altcoins have risen to a three-year dominance high after tagging a record combined capitalization of nearly $1.5 trillion last week. While Bitcoin tumbles in response to Elon Musk’s Twitter account yet again, altcoin dominance has surged to its highest level in roughly three years.As of this writing, Bitcoin represents 40.3% of the combined crypto asset capitalization — the lowest it has been since June 2018, according to CoinMarketCap.Bitcoin hit a market dominance low of 33% in January 2018 when it was cooling from its previous peak while the altcoins were just hitting theirs.

Bitcoin Market Dominance Falls to Lowest Level Since Mid-2018

A turbulent week for crypto pushes Bitcoin’s market dominance to its lowest level in three years.

SEC to Scrutinize Funds Invested in Bitcoin Futures

The US securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify funds that comply with the Investment Company Act.

What CME Micro Futures Mean for the Bitcoin Market

Skyrocketing Bitcoin prices have forced the derivatives marketplace to offer a smaller-sized futures contract.

Ethereum, BitTorrent, Theta Price Analysis: 30 April

Ethereum's market has been responsible for saving the altcoins from a bearish trend as the Bitcoin market struggled to recover.

Ethereum, Bitcoin SV, Bitcoin Price Analysis: 29 April

Despite the bearishness in the Bitcoin market, Ethereum has been leading the altcoins to a surge.

Bitcoin Market Dominance Falls As $55k Resistance Pushes Alt-season 

The crypto market saw high gains for the second day after the weekend sell-off that caused the market to look like a bloodbath.

Theta, Chainlink, Ethereum Price Analysis: 26 April

Another day, another surge? The altcoin markets of Theta, Chainlink and Ethereum surged as the Bitcoin market saw the prices rallying higher.

OKEx Insights + Catallact : Bitcoin Market Witness the Growth of Retail Participation as Institutional Investors Continue to Lead

The flagship cryptocurrency, Bitcoin continues to be the community’s favorite as its value hovers over $50000 while exhibiting strong potential for further growth.

Bitcoin Bleeds Across the Board as BTC Drops to a 6-Week Price Low

Market analyst Joseph Young believes that fear is causing the Bitcoin market to drop.

Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%

Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%. Ether (ETH), the largest altcoin by market capitalization, hit new all-time highs on April 22 despite a bearish phase sweeping through Bitcoin (BTC) and other cryptocurrencies. ETH/USD 1-hour candle chart (Bitstamp).

Time for Ethereum season? Traders can expect this from the alt's next move

Ethereum's price was on a steady uptrend since the last week of March and while the bullish outlook seemed steady, a shakeup in the Bitcoin market took away a lot of ETH's gains and forced its price b The post Time for Ethereum season? Traders can expect this from the alt's next move appeared first on AMBCrypto.

EOS Price Analysis: 18 April

The EOS price saw a 30% depreciation in the early hours of 18 April due to the dip in the Bitcoin market.

Here Are the Three Huge Reasons Bitcoin Still Has Massive Upside Potential, According to Coin Bureau

Popular crypto influencer Coin Bureau is unveiling three big reasons why the Bitcoin market still has room to grow much larger than the average investor realizes.

Bitcoin May Hit $100,000 Soon on “Wildly Bullish” Sentiment: Analyst

A flurry of optimistic updates hitting the Bitcoin market this Monday has prompted one analyst to see a speedier price rally towards $100,000.

Filecoin, IOTA, Enjin coin Price Analysis: 11 April

The altcoin market has been responding to the surge witnessed in the Bitcoin market and the value of most cryptocurrencies has increased in the past few days.

Bitcoin Market Cap Will Likely Never Dip Below $1,000,000,000,000, Says On-Chain Analyst Willy Woo

Prominent on-chain data analyst Willy Woo says that Bitcoin’s market cap will probably never dip below the $1 trillion mark ever again.

Why this analyst thinks that 'hyperbitcoinization' isn't too far away

The Bitcoin market has been rallying higher despite it witnessing small corrections over the past week with the king coin once again trading at the $60k level. In a recent episode of the 'What Bitc The post Why this analyst thinks that 'hyperbitcoinization' isn't too far away appeared first on AMBCrypto.

Bitcoin Selling Pressure is Declining, Hints Key Glassnode Indicator

Even as the bitcoin market shows signs of bullish exhaustion after logging a 1,500-percent-plus upside move in the previous 13 months, all is not lost.

Bitcoin Cash Price Analysis: 04 April

The Bitcoin market has been rallying higher despite it witnessing small corrections over the past week.

Bitcoin Market Changed 'Radically' & Volatility Decline Attracts Institutions

Source: Adobe/Сергей Касьянов We are in a "radically" different bitcoin (BTC) market today, an analyst stressed, while JPMorgan strategists find that decreasing volatility is here to help institutional adoption. Per the latest Market Intel report by Chainalysis' Chief Economist Philip Gradwell, the data collected in the research suggested that the bitcoin price is

Bitcoin market cap exceeds Canada's M1 money supply once again

The Bitcoin market capitalization is once again sufficient to cover the M1 money supply of either Australia or Canada. Another day of gains for Bitcoin (BTC) has seen the price of the largest crypto by market capitalization go beyond the $1.1 trillion mark — $1.105 trillion to be precise. This market capitalization growth now means that Bitcoin’s market size has surpassed Canada’s M1 money supply which stands at $1.104 trillion according to data from CEIC. At the present figure, Bitcoin’s market capitalization is also greater than the M1 money supply of the Australian dollar which currently stands at $1.079 trillion. By exceeding Australia and Canada, Bitcoin's market capitalization is once again large enough to make BTC appear in the top-10 “stock of narrow money” rankings. M1 or narrow money refers to the total supply of physical currency in circulation as well as traveler's check and other forms of demand deposits held by non-banking institutions, public firms, private sector organizations among others. Bitcoin’s climb to the top-10 of the global M1 money supply charts offers yet another indication of the pace of BTC’s growth as a currency.

CME Expands Bitcoin Offering to Include Micro Futures

The CME has introduced Micro Bitcoin Futures to enable more traders to get active in the Bitcoin market.

This is the single biggest determinant of the Bitcoin market's fortunes

Bitcoin and the larger cryptocurrency market have grabbed quite a few eyeballs over the past few months and years.

Bitcoin market cap back below $1 trillion as correction deepens

More than $140 billion has exited Bitcoin markets over the past seven days.

What to expect from this later-stage bull market of Bitcoin?

Lately, the Bitcoin market appears to be taking two steps forward only to move a step back.

Long-term investors continue to hodl despite $1T Bitcoin market cap

Only 36% of Bitcoin’s supply has moved in the last 6 months, down from 50% during last bull season Bitcoin’s liquid supply continues to shrink, with only 36% of circulating BTC being moved on-chain in the past six months. According to data shared by on-chain crypto data aggregator Glassnode on March 21, the peak of the 2017 bull market saw 50% of Bitcoin’s supply circulating within the preceeding six months. In bull markets old coins tend to move more.

Bitcoin Cash Price Analysis: 21 March

The Bitcoin cash market like the Bitcoin market suffered from a sell-off.

Polkadot Price Analysis: 21 March

The Bitcoin market has experienced a sell-off as the new week began.

Chainlink Price Analysis: 20 March

The Chainlink market has been largely unaffected by the vast volatility impacting the altcoins and Bitcoin market.

Bitcoin Price Analysis: 20 March

The Bitcoin market has pulled itself out of the earlier $45k-$48k range and has been trading above $57k.

Tron, BAT, VeChain Price Analysis: 18 March

Tron recorded some significant volatility over the past week, with a choppy Bitcoin market being a major contributing factor.

Chainlink Price Analysis: 13 March

The Bitcoin market has been rallying higher, at the time of writing, and inches closer to the $60K range.

CryptoQuant CEO: 5 Key Insights Into the Bitcoin Market

CryptoQuant CEO Ki Young Ju provides five ways of looking at the Bitcoin market to truly understand what’s going on.

Tezos price analysis: 11 March

The Bitcoin market has been recovering from the drop it witnessed last week.

Galaxy Digital's Bitcoin ETF to launch on TSX

The Bitcoin market has been a highly lucrative investment opportunity for many investors and the crypto businesses around the world are trying to capitalize on this interest.

Bitcoin Holds $50,000 on Global Corporate FOMO; What to Expect?

An early morning sell-off in the Bitcoin market hinted at calming down after more corporates revealed their investments into the cryptocurrency.

Can Ethereum afford to miss the train when it comes to NFTs?

Institutional investors have been flooding the Bitcoin market, with their price gains over the past year providing ample evidence of the same.

No, Goldman Sachs isn’t a bearish indicator for Bitcoin

The Bitcoin market is a different beast compared to late 2017 when Goldman Sachs balked at launching its crypto trading desk. Peter Brandt, a popular veteran trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on Goldman Sachs potentially restarting its cryptocurrency desk. Us old-timers have learned that whenever @GoldmanSachs enters a market niche it is time to guard your money.

How Bitcoin miners can help its price movement right now

Following the massive drop in price over the past week, the Bitcoin market did hold on to the $47k price level for a while, but the support range eventually lost out to the bearish pressure and the co The post How Bitcoin miners can help its price movement right now appeared first on AMBCrypto.

Ethereum Price Analysis: 27 February

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like the Bitcoin market, the spot market for the world's largest The post Ethereum Price Analysis: 27 February appeared first on AMBCrypto.

Bitcoin Market Dump Crushes $1.6 Billion in Long Positions

Highly leveraged Bitcoin traders paid the price as crypto markets dropped across the board.

XRP Price Analysis: 22 February

The Bitcoin market has been witnessing a bit of correction in the market.

Bitcoin market cap hits $1 trillion! What next?

The cryptocurrency market touched yet another milestone today after Bitcoin's market cap surged to hit $1 trillion for the first time ever.

$8.7 Trillion Asset Titan BlackRock Has Officially Entered Bitcoin Market

Investment management giant BlackRock is the latest major financial player to venture into the Bitcoin market.

Osprey’s Bitcoin Trust Isn’t Set up to Compete With Grayscale, CEO Says

Osprey Funds CEO Greg King said the focus of its newly launched Bitcoin Trust is taking the Bitcoin market mainstream.

Asset manager BlackRock 'is starting to dabble' in Bitcoin market

Leading money-management firm BlackRock, which has over $6.5 trillion in assets under management revealed its approach to Bitcoin.

Bitcoin Market Maker GSR Hires Former Goldman Sachs Managing Director

Market maker GSR bets on traditional finance industry veterans as it looks to secure a stronghold in the digital asset space.

Bitcoin will not replace gold, but is it trying to?

On the back of growing confidence in the Bitcoin market, the price of the world's largest cryptocurrency has been hitting one peak after another.

More Bullish Tailwinds for Bitcoin as US Committee Approves $593B in Benefits

The ongoing price rally in the Bitcoin market paused on Friday as traders decided to secure their short-term profits against the strengthening US dollar, even though a long-term outlook showed the flagship cryptocurrency in a vital state.

Bitcoin market cap briefly tops $900 billion

Bitcoin’s market cap was less than $100 million short of $1 trillion for a few brief moments today. Bitcoin is closing in on a trillion dollar market cap, with the total value of all Bitcoin crossing $900B for the first time today as the price hit new record highs. Bitstamp, one of the oldest Bitcoin exchanges still in operation, recorded a peak price of $49,000, resulting in a fleeting market cap of $912.69 billion.

Bitcoin Cash Price Analysis: 11 February

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The volatility in the Bitcoin market has been driving the value The post Bitcoin Cash Price Analysis: 11 February appeared first on AMBCrypto.

Bitcoin Market Cap Surpasses Tesla, Here’s Which Companies Are Next

Bitcoin is unstoppable and over the last year its market cap has doubled and then some.

Bitcoin to Hit $60-64K Soon, Asserts Analyst Despite Price Dip

An ongoing bull run in the Bitcoin market might extend until the price hits $60,000-64,000 area, asserts an independent analyst.

Grayscale acquires 1.5 times of total Bitcoin mined in January

After purchasing 16,244 BTC ($607 million at the time) on 18 January, Grayscale remains as one of the biggest institutional buyers in the Bitcoin market.

Bitcoin Market Cap May Be 'Overstated' by USD 151Bn - Coin Metrics

Bitcoin (BTC) market capitalization may be overstated by USD 151.5bn, according to data from the crypto intelligence firm Coin Metrics.

Bitcoin Will Likely Reclaim $42,000, Asserts OKEx Investment Analyst

A recent downside correction in the Bitcoin market has done little to offset its long-term bullish bias, indicates Robbie Liu.

Bitcoin Cash Price Analysis: 31 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Bitcoin-Cash market like the Bitcoin market has been witness The post Bitcoin Cash Price Analysis: 31 January appeared first on AMBCrypto.

For Bitcoin, the market's stablecoins may hold the key for another bull run

After the market frenzy observed a couple of days back, the Bitcoin market has been preparing for another rally.

Binance Coin, Aave, SushiSwap Price Analysis: 30 January

Even though the Bitcoin market is looking for a way to stabilize, the altcoins are seen marching higher above the price candles.

As Bitcoin settles down will altcoins like Ethereum, Polkadot etc. become stronger?

The consolidating Bitcoin market was shaken out with one mention from Elon Musk on Friday.

Analyst says Chinese New Year could fuel Bitcoin selling pressure

Historically, the Chinese Lunar New Year or Spring Festival has influenced the Bitcoin market.

Severe Liquidity Shock Ahead for Bitcoin Market, Warns JPMorgan

A piece of excerpt allegedly taken from a JPMorgan & Chase’s report is warning its clients about a potential “liquidity shock” in the Bitcoin market. The

First Mover: Bitcoin Flushes ‘Weak Hands’ as Ethereum Hits New All-Time High

Last week's rout in bitcoin market looks like "weak hands" selling out – since bidders appeared to materialize whenever prices fell to $30K.

Bitcoin Cash, Cosmos, Enjin Coin Price Analysis: 24 January

The cryptocurrency market has been moving sideways for the past couple of days and it could mainly be due to the lack of momentum in the Bitcoin market.

The impact of Bitcoin hacking incidents in the crypto market

Studying the question of how Bitcoin hacking incidents affect the uncertainty in the overall crypto market. In the 2013–2017 period, 29 hacks occurred in the Bitcoin market where a total of 1.1 million Bitcoin were stolen.

Retail traders, not hotshots like MicroStrategy, made Bitcoin in 2020

Without the global retail trader base, the Bitcoin market would not be what it is today: The investment champion of 2020. The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were involved in cryptocurrencies.

Litecoin Price Analysis: 22 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Bitcoin market registered an important price drop recently, The post Litecoin Price Analysis: 22 January appeared first on AMBCrypto.

First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood

There's a lot of long-term bulls in the bitcoin market.

China Still Dominates the Bitcoin Market: Report

Asia accounts for 43% of global cryptocurrency transactions, and China is where most of the activity is happening.

Grayscale now owns 3% of all Bitcoin in circulation

After purchase of 16,244 BTC ($607 million) on 18 January, Grayscale recently became the biggest institutional buyer in the Bitcoin market.

Litecoin, Crypto.com Coin, Ethereum Classic Price Analysis: 18 January

The cryptocurrency market had been moving sideways given the lack of momentum in the Bitcoin market.

Binance Coin, Zcash, FTX TokenPrice Analysis: 18 January

As the price broke out due to a surge in the Bitcoin market, many altcoins mirrored its movement and posted gains.

Biden’s $1.9T Relief Package Proposal Fails to Stir Bitcoin Market

The US dollar's rise on the news maybe be playing spoilsport to the bitcoin bulls.

Goldman Sachs Sees Bitcoin Market Becoming More Mature

Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature.

Strap in: New institutions wait for Bitcoin price rollercoaster to end

Bitcoin market volatility is scaring off new institutional investors, but meanwhile, old ones continue to buy up the BTC dips. As a result of the ongoing uptrend, many prominent institutions from the realm of traditional finance have sought to join the crypto bandwagon so as to not miss out on the ongoing action.

Market Wrap: Bitcoin Claws Back to $36.4K While 25% of Ether Options Will Expire in March

Less action in the bitcoin market Wednesday means traders are sitting out while ether options are piling up for a first-quarter expiration.

'Crypto is exactly like dot com bubble; Bitcoin, Ethereum can survive it'

American television personality and entrepreneur, Mark Cuban thinks that the current Bitcoin market trend is similar to the dot com bubble burst caused by much speculation that inflated the stocks of The post 'Crypto is exactly like dot com bubble; Bitcoin, Ethereum can survive it' appeared first on AMBCrypto.

Billionaire Investor Mark Cuban: Bitcoin Market Looks Like Dotcom Bubble

Bitcoin has seen immense volatility over the past few weeks, slingshotting between key support and resistance levels on a daily basis.

Monero Price Analysis: 11 January

Disclaimer: The findings of the following analysis is the sole opinion of the writer and should not be taken as investment advice A dropping Bitcoin market has caused the value of the remaining cr The post Monero Price Analysis: 11 January appeared first on AMBCrypto.

Bitcoin Erases Most of New Year’s Gains Amid Short-Term Profit Taking

Monday's plunge has erased almost all the gains the leaving cryptocurrency had achieved in the new year.