Tag: price watch

Nov 17 2022

Who sold the most BTC in the aftermath of the FTX collapse? 10yr holders sell at highest ever rate

Nov 17 2022 Published at CryptoSlate under tags  bear market bitcoin price watch

Aside from wiping out billions from the global market cap, the collapse of FTX also wiped out the confidence of even the most convinced Bitcoin holders. The market saw aggressive selling pressure last week, pushing Bitcoin's price down to as low as $15,500....

Nov 08 2022

FTT temporarily jumps 44% on news Binance to acquire FTX before going into free fall

Nov 08 2022 Published at CryptoSlate under tags  exchanges price watch tokens trading

Following the news that Binance will acquire the FTX exchange, the troubled FTT token popped 44% following a decline of 43% since Nov. 5. The native token of FTX fell over the weekend amid controversy around a potential insolvency issue at the exchange. News that Binance planned to sell over $500 million in FTT sent the...

Nov 04 2022

Bitcoin breaks $21,000 as open interest sinks, spot volumes rise

Nov 04 2022 Published at CryptoSlate under tags  bitcoin price watch

After weeks of failing to break the tough resistance, Bitcoin surged above $21,000. The few short hours it spent above $21,000 before a slight correction brought some much-needed confidence back into the market. While it's hard to estimate how long the correction will last, exchange data suggests that BTC is currently up against a much healthier market that might lead to another surge...

Nov 01 2022

Uptober: Bitcoin jumps 6% while DXY and gold post negative returns

Nov 01 2022 Published at CryptoSlate under tags  bitcoin btc dxy gold price watch

After two consecutive red months, Bitcoin posted a 6% increase in October. The volatility that wiped out billions from the market devastated Bitcoin's price in June and led to a shaky summer with little to no gains. However, the third quarter began in the green with Bitcoin breaking through the $20,000 resistance, showing the potential that the year could end on a more...

Oct 27 2022

DOGE up 18% as Elon Musk moves to take over Twitter

Oct 27 2022 Published at CryptoSlate under tags  memecoins price watch

Dogecoin has surged 18% following news that Dogefather Elon Musk is set to take over Twitter by Friday. Bloomberg reported on Oct. 24, that Musk...

Oct 26 2022

US and EU lead Bitcoin’s price action

Oct 26 2022 Published at CryptoSlate under tags  bitcoin eu price watch us

After weeks of flatlining, Bitcoin has finally seen some positive price action, breaking through the $20,000 resistance. At press time, BTC stood at $20,745 and showed the potential to inch even closer to $21,000....

Oct 25 2022

Klaytn pumps after proposal to reduce block rewards passes

Oct 25 2022 Published at CryptoSlate under tags  klaytn price watch

Klaytn network's KLAY is up more than 30% to $0.2055, making it one of the best-performing digital assets this week, according to CryptoSlate data. Proposal to reduce block rewards Klaytn Governance Council (GC)has approved a...

Oct 24 2022

Bitcoin, Gold correlation nears 1 over past year, indicating a bottom

Oct 24 2022 Published at CryptoSlate under tags  analysis bear market price watch

Bitcoin (BTC) adoption has increased, and the largest cryptocurrency has become less risky as its correlation rate with gold reached 85% in the past year, which signals that a BTC price bottom could be near. The correlation of assets measures how one asset moves compared to the other, and it is scored between 1 and 0. If both assets move in...

Oct 17 2022

Huobi token up 70% in the last 30 days, following Justin Sun’s arrival

Oct 17 2022 Published at CryptoSlate under tags  price watch trading

Huobi Global has seen its native token HT surge up to 70% in the last 30 days, following the arrival of Tron founder Justin Sun as an advisor to the crypto exchange. According to CryptoSlate data, in the last 30 days, Huobi's...

Quant rises over $200 after surging 100% in 30 days

Oct 17 2022 Published at CryptoSlate under tags  price watch qnt quant

Quant Network's QNT token is one of the best-performing digital assets in the crypto market, as its value has surged by over 100% to...

Oct 13 2022

Bitcoin slumps 3% as data reveals hotter than expected CPI print

Oct 13 2022 Published at CryptoSlate under tags  investments macro price watch

The price of Bitcoin tanked by 3% following the release of September's Consumer Price Index (CPI) data showing inflation at 8.2% year-over-year. This came in worse than the 8.1% expected rate, extending fears of a drawn-out bear market while adding pressure for further rate hikes. The pressure is on On October 7, the U.S. Bureau of Labor Statistics (BLS) posted...

Oct 05 2022

Bitcoin briefly trades above $20k as traders ape into futures

Oct 05 2022 Published at CryptoSlate under tags  analysis bitcoin price watch

Bitcoin (BTC) briefly bounced above the $20,000 mark earlier today for the first time since Sept. 28 after gaining 4.6% in the past week. However, the euphoria was shortlived as it was rejected around the $20,400 level, dropping to $19,991 as of press time....

Sep 15 2022

Santiment data shows 2 addresses controlling over 45% of Ethereum transactions post-merge

Sep 15 2022 Published at CryptoSlate under tags  analysis ethereum merge price watch santiment

Two addresses have processed over 45% of Ethereum (ETH) transactions since the blockchain network completed its transition to a proof-of-stake (PoS) consensus mechanism, according to Santiment data....

Sep 13 2022

Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike

Sep 13 2022 Published at CryptoSlate under tags  macro price watch

The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the U.S. Bureau of Labor Statistics (BLS), showing a 0.1% increase in August, taking the unadjusted value to 8.3%. In response to last month's BLS CPI report, released on August 10, Bitcoin closed the day up 5% to $24,050. BTC has since been trending lower to form a...

Ravencoin price, hashrate spike as Merge draws closer

Ravencoin (RVN) has seen its price rise over 13% in the last 24 hours to $0.06359, capping a bullish week for the token. On the seven days metrics, the proof-of-work (PoW) token spiked by almost 70% -surging from less than $0.045 to as high as $0.072- according to CryptoSlate data....

Sep 10 2022

Here’s why miner capitulation is actually good news for Bitcoin

Bitcoin's highly volatile price has devastated the majority of the crypto market and is now dragging miners down with it. While often considered the foundation of the Bitcoin network and its most resilient players, miners are suffering from rapidly decreasing profit margins. Bitcoin mining difficulty currently stands at just 1% below its all-time high and is squeezing a large...

Sep 09 2022

Research: Bitcoin Risk Signal suggests further downside in coming weeks

Sep 09 2022 Published at CryptoSlate under tags  featured price watch research trading

Bitcoin has rallied back to retest the $21,000 resistance but the Bitcoin Risk Signal, provided by Glassnode and Swissblock technologies, hit a yearly high on Sept. 5 and is still at 87 out of 100 following today's pump. The Bitcoin risk signal gauges the amount of risk of a significant drawdown in Bitcoin price. The score varies between 0 and 100. Between 0...

Aug 26 2022

CryptoSlate Wrapped Daily: Fed’s Powell hawkish on inflation as BTC tumbles, Taliban ban crypto

Aug 26 2022 Published at CryptoSlate under tags  adoption bear market cbdcs macro people

The biggest news in the cryptosphere for Aug. 26 includes Federal Reserve Chairman Jerome Powell's indication that recovery from the burgeoning inflation levels is still far from being done, and another stablecoin losing its peg from the U.S. Dollar as the bear market continues. CryptoSlate Top Stories...

BTC drops to near $20,700 after Fed Chair Powell’s speech

Aug 26 2022 Published at CryptoSlate under tags  bear market price watch

Bitcoin fell almost 5% to $ 20,822 after Federal Reserve Chairman Jerome Powell spoke at Jackson Hole on Aug. 26, saying that restoring inflation back to ideal levels will take time. Powell briefly...

Aug 12 2022

Ethereum leads the charge against Bitcoin, rising 61% since June — Flippening price target at $3,750

Aug 12 2022 Published at CryptoSlate under tags  adoption analysis merge price watch research

Ethereum is outperforming Bitcoin ahead of The Merge in September, with the second largest cryptocurrency by market cap rising 61% against Bitcoin since June. The below chart shows the price of Ethereum against Bitcoin since 2018. ETH has finally passed the 0.077 BTC level not seen since January 2022; now just 12% off a 4-year high. The Flippening The bullish sentiment may reignite...

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