bitcoin price
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Value of WisdomTree’s crypto holdings fell 61.9% in Q4
- February 3, 2023
- Posted by: Bogdan
- Category: bitcoin price, Cryptocurrencies, investments, sec
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United States fund manager WisdomTree saw the value of its digital asset holdings decline sharply in the fourth quarter, reflecting the prolonged bear market in Bitcoin (BTC) and other cryptocurrencies. WisdomTree’s cryptocurrency funds held $136 million worth of assets as of Dec. 31, 2022, down from $163 million at the beginning of the quarter and
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Did US institutions prevail over Asian retail traders?
- February 3, 2023
- Posted by: Bogdan
- Category: Asia, bitcoin price, Cryptocurrency Exchange, Mainstream, Trading
Bitcoin experienced the second-strongest January in its history — and the best since 2013 — rising nearly 40% amid wide reports that institutional investors were back on board. Zhong Yang Chan, head of research at CoinGecko, told Cointelegraph that there were “net institutional inflows into digital asset funds in January 2023, particularly in the last
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Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem
- January 31, 2023
- Posted by: Bogdan
- Category: Adoption, Binance, bitcoin, bitcoin price, Bitcoin Regulation, Blockchain, Coinbase, Cryptocurrencies, Cryptocurrency Exchange, investments, Market Analysis, Markets, price analysis
Bitcoin (BTC) had a rough year all throughout 2022. But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market capitalization has started to recover. After a bevy of short liquidations, the futures market is pointing toward renewed equilibrium. According to data from Glassnode, short position liquidations cleared out unhealthy
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5 altcoins that produced double-digit gains as Bitcoin price rallied in January
- January 31, 2023
- Posted by: Bogdan
- Category: Altcoin Watch, Aptos, bitcoin price, Cryptocurrencies, Decentraland, Gala, Markets, Solana
The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up. The improving macroeconomic conditions, such as reduced inflation and
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Bitcoin Price Resumes Uptrend as The Bulls Aim The Key $25K Barrier
- January 30, 2023
- Posted by: Bogdan
- Category: bitcoin, bitcoin price, BTC, btcusd, BTCUSDT, xbtusd
Bitcoin price started another increase above the $23,000 resistance. BTC is rising and the bulls might aim a test of the $25,000 resistance zone. Bitcoin is gaining pace above the $23,500 resistance zone. The price is trading above $23,000 and the 100 hourly simple moving average. There was a break above a key contracting triangle
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U.S. Institutions Are Driving Bitcoin Prices, Matrixport Research
- January 27, 2023
- Posted by: Bogdan
- Category: bitcoin, bitcoin investors, bitcoin price, BTC, btcusd, BTCUSDT
Bitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been a much-needed boost for the market during this time, but an unexpected investor group is reportedly driving the price of the cryptocurrency. Bitcoin Surges Are
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Bitcoin Supply In Loss Hits A 9-Month Low
- January 27, 2023
- Posted by: Bogdan
- Category: bitcoin, bitcoin price, Bitcoin Supply In Loss, BTC, btcusd, BTCUSDT
According to on-chain data from CryptoQuant, a blockchain analytics platform, the Bitcoin supply in loss with the seven-day moving average stands at 32%, a nine-month low. This is the lowest level since April 2022, when the Bitcoin price was changing hands at the $40,000 range. Bitcoin Supply In Loss At 32% The Bitcoin supply in loss is
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Bitcoin Hash Rate Registers New Highs, A Selloff Imminent?
- January 27, 2023
- Posted by: Bogdan
- Category: bitcoin, bitcoin hash rate, bitcoin price
Based on CryptoQuant data, one observer notes that whenever the Bitcoin hash rate records new highs, as is the case in late January 2023, coin prices tend to retrace as the upside momentum fades. Extending this preview on current BTC rates, the analyst predicts that prices may rise above the current resistance level at $23,800 to
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Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam
- January 27, 2023
- Posted by: Bogdan
- Category: bitcoin, bitcoin price, BTC, btcusd, BTCUSDT, xbtusd
Bitcoin price failed to settle above $23,500 and corrected lower. BTC is trading above $22,400, but it is now trading below the 100 hourly SMA. Bitcoin is slowly moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple moving average. There is a key contracting triangle forming
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Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
- January 26, 2023
- Posted by: Bogdan
- Category: bitcoin price, Federal Reserve, Interest Rates, Markets, National Debt, stocks
For much of 2022, the crypto market focused on the U.S. Federal Reserve’s actions. The central bank created a bearish environment for risk-on assets like stocks and cryptocurrencies by increasing the interest rates on borrowing. Toward the end of 2022, positive economic data, healthy employment numbers and a decreasing inflation rate provided hope that a much-awaited