Cryptocurrency Insight
Bitcoin (BTC) investors are showing a high level of optimism despite recent price volatility, with the Fear & Greed Index tracked by Coinstat Explorer indicating strong and upbeat market sentiment. Currently, at 64, the index is very close to the high of the year, suggesting Read More
The crypto market has slowed down significantly over the past week and digital assets in the space are suffering as a result. However, while times like these can be disheartening for investors, they also present a unique opportunity to enter the market at low, favorable Read More
USDT, the largest stablecoin in the crypto market, is once again approaching its $82 billion market capitalization, which it briefly reached during the LUNA meltdown last year. However, despite its current dominance, the Tether stablecoin is not invulnerable to external threats, such as the possibility Read More
A pattern in the Bitcoin exchange reserve rate that historically preceded the start of bull runs has yet to form for the cryptocurrency. Bitcoin’s FX Reserve Rate Has Continued to Decline Recently As pointed out by an analyst in a CryptoQuant post, bull markets in Read More
Bitcoin price dropped below the $30,000 level after the coin’s on-chain data showed signs of overheating in the futures market. Bitcoin funding rate was highly positive yesterday Bitcoin held around the $30,000 level very well over the past week, but the cryptocurrency has seen a Read More
Bitcoin’s future is being questioned by Peter Schiff, a prominent financial commentator and CEO of Euro Pacific Capital. In a recent tweet, he predicted that institutional cryptocurrency adoption would soon come to a halt. A well-known American stockbroker and radio personality, Schiff has been a Read More
Bitcoin’s hashrate has continued its recent climb, reaching new dramatic highs. The top digital asset by market capitalization experienced a big rally, bringing positive sentiment. This led to more miners connecting to the Bitcoin network and a new all-time high of 400 EH/s in the Read More
Today, March 20th, was hectic in Bitcoin and crypto market. Some major coins and altcoins have posted gains in their seven-day prices. While BTC is up at 3.47% over 24 hours, its seven-day gains are 27.93%. On the other hand, Ethereum has gained 12.82% in Read More
The past week has been eventful in the Bitcoin and crypto market, with three major banks collapsing, triggering a slump in digital asset prices. Fortunately, the market reversed after the Fed’s announcement to support banks with $25 billion. Current data shows that Bitcoin’s market cap Read More
The data shows that Bitcoin investors have gotten scared again as market sentiment has dropped to its lowest since early January. Bitcoin Fear and Greed Index Is Currently Pointing to “Fear” The “fear and greed index” is an indicator that tells us about the general Read More