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Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing

cointelegraph.com Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC) remains in a downtrend, its price…

Crypto Flipsider News

investing.com Read in the Digest: The second great stablecoin war appears to be heating up, with America’s largest crypto exchange advising users to switch from Tether (USDT) to the…

Research: Analysis of on-chain metrics suggests Bitcoin is firmly in capitulation phase

cryptoslate.com Research: Analysis of on-chain metrics suggests Bitcoin is firmly in capitulation phase Glassnode data on Bitcoin: Entity-Adjusted NUPL reveals Bitcoin has sunk firmly into…

Bitcoin whales show accumulation restraint: What does it mean for BTC?

ambcrypto.com Bitcoin whales sold 367,000 BTC since June 2022 - Exchange supply hits four-year low as stablecoin data revealed possible preparedness to accumulate Bitcoin [BTC] whales’…

Bitcoin Flashes 2018 Cycle Bottom Signal Even As Grayscale GBTC Hits Record Discount

thecryptobasic.com Bitcoin flashes a bottom signal, but traders remain bearish. Glassnode disclosed in a tweet yesterday that Bitcoin holders in the last 365 have seen $213 billion in realized…

Assessing Ethereum [ETH] derivatives demand behavior ahead of 2023

ambcrypto.com Does ETH’s current derivatives demand match the spot market outcome? - Assessing the level of leverage, whale activity, and liquidations in the market. Glassnode alerts just…

Bitcoin Bloodbath: Holders Realized $213 Billion In Total Losses Over Past Year

bitcoinist.com Data shows Bitcoin holders have locked in losses amounting to a total of $213 billion during the past year. Bitcoin Investors Have Realized $213 Billion In Loss This Bear…

Bitcoin takes a bullish stance but does that guarantee a buyer interest in BTC

ambcrypto.com Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice - Bitcoin sees hefty outflows from…

Research: Bitcoin held by miners sinks to 1 year lows; Poolin culpable

cryptoslate.com Research: Bitcoin held by miners sinks to 1 year lows; Poolin culpable The Bitcoin mining rewards held in miners' wallets has seen a sharp decline since August. Analysis of…

Why is Bitcoin price down today?

cointelegraph.com Bitcoin (BTC) price has seen a gradual decline in its bullish momentum to hit a new monthly low at $16,736 on Dec. 3. The move follows a market-wide decline that has already…

Bitcoin: How Many Investors Purchased BTC At $15,500 and $17,000 Levels?

watcher.guru Bitcoin slipped to $15,500 levels in November 2022 after the FTX and Alameda Research fallout caused panic in the industry. BTC clawed back to $17,000 but it is retracing at…

Bitcoin, Ethereum, Dogecoin Mixed As Recession Fears Weigh: Analysts Laud Apex Crypto For 'Strong Movement,' 'Impressive' Levels

benzinga.com Bitcoin and Ethereum managed to hold onto some intraday gains, amid increasing recessionary fears, as the global cryptocurrency market cap rose 0.4% to $856.7 billion at…

Bitcoin Mining Difficulty Observes Sharpest Drop Since China Ban

bitcoinist.com Data shows the Bitcoin mining difficulty has just observed its sharpest plunge since the aftermath of the China ban. Bitcoin Mining Difficulty Sees Largest Downwards…

What Happened at FTX?

thedefiant.io Before its demise in November 2022, FTX was the No. 2 cryptocurrency worldwide. Founded by Sam Bankman-Fried, a self-styled evangelist for cryptocurrency with strong ties to…

How Bitcoin’s performance in November has affected futures contracts market

ambcrypto.com Bitcoin’s mean liquidated volume in futures contracts short positions has achieved a new 4-week high. - Moreover, BTC’s open interest in perpetual futures contracts dropped…

Bitcoin: FTX’s implosion and its impact on profitability, blockspace demand, and more

ambcrypto.com Bitcoin’s Realized Loss touched an all-time high when FTX collapsed. - New demand for block space is re-entering the market. - The market is dominated by small-sized…

Onchain metric suggests market similarities between now and June’s Terra collapse

cryptoslate.com Onchain metric suggests market similarities between now and June’s Terra collapse Current Implied volatility and the Options market share the same similarities as those…

Bitcoin Investor Cohorts Now Have Close Cost-Basis, What Does It Say About Market?

newsbtc.com Data shows the different Bitcoin investor cohorts now have their cost-basis packed together in a tight range. Here’s what this may tell us about the current market. All…

ApeCoin hits $20 million as staking goes live; but what’s at ‘stake’ for APE here

ambcrypto.com ApeCoin officially began the staking on its network and it only took a few hours to hit $20 million - APE ‘s NVT showed that circulation outpaced the network value…

This Report Suggests Cryptocurrencies Bearing A Final Flush-Out

newsbtc.com The crypto market is currently undergoing a series of unfortunate events. From the crash of stablecoin Terra to the fall of Celsius, it has been a gloomy year for crypto…

Bitcoin price recovery possible after record realized losses create a healthier market

cointelegraph.com Bitcoin (BTC) price is showing notable resilience at the $17,000 level, and according to data from Glassnode, a number of metrics that track the pace of selling and the…

Glassnode: Bitcoin Holders Realized 14x More Losses Than Profits Recently

newsbtc.com Data from Glassnode reveals Bitcoin holders realized 14 times more losses than profits in recent weeks. Bitcoin 7-Day MA Realized Profit/Loss Ratio Sets New All-Time Low As…

A huge stablecoin supply is waiting on the sidelines to trigger a bull run

cryptoslate.com While Bitcoin is usually considered the backbone of the crypto industry, one should never underestimate the role stablecoins play in the market. Stablecoins are essentially…

Bitcoin: This sudden increase could mean redemption for BTC but…

ambcrypto.com CryptoQuant analyst suggests a possible reversal as UTXO volume hits sudden increase - Historical data indicated that the reversal might take some time in the face of…

Bitcoin: with losses diminishing, Is BTC undervalued?

watcher.guru According to Glassnode’s weekly on-chain report, Bitcoin’s (BTC) Realized Cap has declined to a level where all capital inflows since May 2021 have been wiped out. Although…

Cryptoverse: Forget crypto winter, this is a bitcoin 'bloodbath'

reuters.com Dec 6 (Reuters) - "I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more…

NFT Dominance On Ethereum Drops To Just 8.3% As Interest Stays Low

bitcoinist.com Data shows the NFT transaction dominance on Ethereum has now dropped to just 8.3%, as interest around the market has remained low. NFT Dominance On Ethereum Falls, Whereas…

Bitcoin, Ethereum, Dogecoin Struggle With Rate-Hike Anxiety: Analyst Says Crypto Relief Rally 'Isn't Over' - Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin…

benzinga.com Bitcoin and Ethereum traded lower on Monday evening as the global cryptocurrency market cap decreased 0.75% to $853 billion at 7:17 p.m. EST. Why It Matters:…

Cryptoverse: Forget crypto winter, this is a bitcoin 'bloodbath' By Reuters

investing.com By Medha Singh and Lisa Pauline Mattackal (Reuters) - "I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting…

Bitcoin 2022 bear market 'usual' despite key trend line loss

cointelegraph.com Bitcoin (BTC) spending an “unprecedented” period below a key moving average is a poor guide to the 2022 bear market. That was the opinion of analyst Superswell, who this…

Crypto Capital Reset Underway Following Final Flushout: Glassnode

cryptopotato.com A major capital reset is underway, according to on-chain analytics provider Glassnode. In its “week on-chain” report on Dec. 5, the firm said the FTX collapse caused “one of…

CryptoSlate Wrapped Daily: Infura hits back, Nexo leaves US, SBF tries to avoid Congress

cryptoslate.com Infura co-founder: MetaMask IP collection backlash is blown out of proportion ConsenSys’ MetaMask has been criticized for changing its privacy policy to notify users that it…

Stablecoin usage remain high despite crypto winter

cryptoslate.com Stablecoin usage remain high despite crypto winter Clemente said stablecoins use cases offer capital efficiency in crypto and givies access to USD to those without banking.…

Over 66% of the total Bitcoin supply hasn’t moved in the last one year, setting a record

cryptoslate.com Over 66% of the total Bitcoin supply hasn’t moved in the last one year, setting a record The amount of bitcoin that has not been moved out of wallets over a given period…

Bitcoin: Why BTC’s monetary policy connection should not be overlooked

ambcrypto.com Bitcoin cannot escape its correlation from traditional markets - Short-term sentiment was caught in between declining optimism and increasing gloom Bitcoin [BTC] has had an…

Bitcoin (BTC) on-Chain Analysis: NUPL Reaches Deep Value Region. Is the Bottom In?

beincrypto.com Net Unrealized Profit/Loss (NUPL) is one of the best-known on-chain indicators that has been giving signals of an impending bottom in the price of Bitcoin (BTC) for some…

Ethereum NFTs surrender to crypto winter; will ETH suffer the same fate

ambcrypto.com Ethereum witnessed a decline in NFT transactions, but blue-chip collections did well - Ethereum observed support from retail and large investors NFT transactions on Ethereum…

'Imminent' crash for stocks? 5 things to know in Bitcoin this week

cointelegraph.com Bitcoin (BTC) starts its first full week of December at three-week highs as bulls and bears battle on. After a weekly close just above $17,000, BTC/USD seems determined to…

ETH enthusiasts should brace for lower volatility based on these observations

ambcrypto.com ETH managed to cross the $1,200 bar in the last weeks of 2022 - ETH whales preferred to hold on to the altcoin than sell their holdings Now that Ethereum [ETH] has crossed…

Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner

bitcoin.com Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong…

Bitcoin: A drop in these holders could mean trouble for BTC because…

ambcrypto.com Bitcoin whales drop to a new two-year low - Bitcoin also showed resistance at the $17,000 level Bitcoin [BTC] managed to bounce back above the $17,000 price range. While the…

Is holding Ethereum in Q4 far from profitable? These metrics suggest…

ambcrypto.com Ethereum turned inflationary as network supply fees fail to surge - Network validators remain staunch in their duty to avoid slashing events while ETH consolidated…

Bitcoin Miners May Have Seen The Darkest In Q4 As BTC Rises Past $17K

bitcoinist.com Bitcoin miners seem to be giving up on the prospect of holding the maiden crypto for long-term profit as they continue to sell large sums of the digital coin. According to…

Bitcoin flashes another bottom signal as aSOPR hits lowest since 2018

cryptoslate.com Bitcoin flashes another bottom signal as aSOPR hits lowest since 2018 On-chain data shows Bitcoin holders have capitulated the most than at any point since 2018. The…

Litecoin’s [LTC] hash rate touches all time high, but is a relief rally in sight

ambcrypto.com Litecoin’s hash rate marked an all-time high - Breaking correlation with the rest of the market, LTC rallied amid market downturn At 613.81 TH/s, Litecoin’s [LTC] hash rate…

Number of bitcoin wallets holding more than 1,000 BTC hits three-year low

crypto.news The number of Bitcoin addresses holding at least 1,000 BTC — worth nearly $17 million as of press time — reached a three-year low of 2,063 addresses. According to data…

BTC Whales And Transaction Volume Both Reaches 2-Year Lows By CoinEdition

investing.com The on-chain alerts platform Glassnode took to Twitter on December4 to share some numbers on Bitcoin (BTC). According to the post, the number of BTC whales has reached a…

Are BTC miners done with the worst for this financial quarter? This data suggests…

ambcrypto.com Miners continued to sell their BTC as they got rid of 10,000 BTC this week - Huge capitulation could be in sight due to the indications revealed by the Bitcoin hash ribbon…

Ethereum and Tether flow to exchanges while bitcoiners opt for self custody

crypto.news Ethereum (ETH) and Tether (USDT) keep getting deposited onto centralized exchanges, while Bitcoin (BTC) holders seem to be taking matters into their own hands following the…

DXY bounces at major support, reducing Bitcoin’s chance at breaking the $17.2K resistance

cointelegraph.com On Dec. 2, the United States dollar index (DXY), an index that measures the dollar's strength against a basket of top foreign currencies, reached 104.40 which was the lowest…

Bitcoin Currently Trading In “Value Zone”: Time to Accumulate?

watcher.guru Bitcoin’s bulls have been fighting tooth and nail to bring up the asset’s price above $17k. Nevertheless, most of their attempts since mid-November have been futile so far.…

Tether [USDT] on shaky grounds: Will these new developments reinforce fear

ambcrypto.com FUD around Tether continued to grow as it didn’t provide audited financial reports - Tether’s transaction count declined while active addresses witnessed a rise According to…

Ethereum Price To Reclaim $1,300, What Are The Possibilities?

newsbtc.com This week saw a positive recovery in some crypto assets, Ethereum included. It is gaining momentum and preparing for a bullish rally in the days to come. Although Ethereum…

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