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Bitcoin Miners’ Reserves Drops to Lowest Level Since 2021
29.2.2024
Bitcoin (BTC) miners are offloading part of their assets as they look towards the upcoming halving amid increased market activity.
The post Bitcoin Miners’ Reserves Drops to Lowest Level Since 2021 appeared first on Cryptonews
Bitcoin Price Prediction as BTC Falls to Lowest Level in 2024 – Where is the Next Support?
13.1.2024
Bitcoin price has experienced a notable decline, trading at $42,825 with a sharp decrease of nearly 7% on Saturday, marking its lowest level in 2024. This downturn comes amidst growing skepticism from Bitcoin’s leadership about its acceptance as a mainstream form of money. Concurrently,...
Ethereum Bounces Back: Surpasses 2-Year Low Against Bitcoin Following Erroneous SEC Announcement
10.1.2024
On Jan. 9, 2024, ethereum’s value relative to bitcoin plummeted to its lowest level since November 2021. Yet, in the past 24 hours, ether has rallied, gaining 3.66% against bitcoin, recovering from this two-year low. Ether Rebounds Strongly in Wake of SEC Misstep On Wednesday, ethereum (ETH)...
GBTC Discount Sinks to Lowest Level in 18 Months as Grayscale Falls Behind in ETF Fee Race
9.1.2024
Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021
Crypto Miners’ Bitcoin Reserves Hit Lowest Level Since May Amidst Increased Selling Pressure
30.12.2023
Source: AdobeStock / Photocreo Bednarek Bitcoin miner reserves have reached their lowest point since May, signaling increased selling pressure as the largest cryptocurrency records a December gain of more than 13%. Data from CryptoQuant indicates that Bitcoin miners’ reserves have been...
Ether Supply Hits Lowest Level Since Shanghai Upgrade, Decreasing by Over 309,500 Coins
12.12.2023
Source: Adobe The supply of Ether has hit a new low since the historic Shanghai upgrade of the Ethereum (ETH) network, witnessing a decline of more than 309,500 coins since September last year. According to data from Ultra Sound Money, nearly 1.195 million ETH have been burned since the transition...
Bitcoin Is Up Over 120% From 2022’s Lows – Here Is How High It Could Pump This Bull Market
30.10.2023
Just under one year ago, the Bitcoin (BTC) market was in turmoil as panicky investors dumped their holdings in wake of the collapse of the cryptocurrency exchange FTX. On November the 21st 2022, the BTC price hit its lowest level since late 2020 under $15,500, marking a 77% pullback from...
Biggest Movers: SOL Moves Back Towards $25, ATOM Hits 16-Month Low
19.10.2023
Solana snapped a two-day losing streak on Thursday, as bulls pushed price back towards the $25.00 level. The cryptocurrency was unable to move past this level on Monday, which then prompted the aforementioned sell-off. Cosmos continued to edge lower today, falling to its lowest level in 16 months....
Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021
19.10.2023
Since the end of last year, the number installed has dropped 7,000, or 17%
Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling?
10.10.2023
The Terra Luna Classic price has just about risen by 0.5% in the past 24 hours, yet its current level of $0.00005632 represents an 8% decline in a week.
And with LUNC also down by 6.5% in a month and by 81% in the past year, the altcoin is definitely in the middle of a prolonged downturn, with...
Trading Volume on Centralized Exchanges Reaches Lowest Level Since December 2022: Report
6.10.2023
Centralized exchanges witnessed a significant decline in trading volume in September, marking the third consecutive month of decreasing activity.
According to a recent report by researcher CCData, the combined spot and derivatives trading volume on these exchanges dropped by 20.3% to reach $1.67...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 3-Month Low, as Bulls ‘Buy the Dip’
12.9.2023
Bitcoin dropped below the $25,000 mark late on Monday, as bearish sentiment intensified to start the week. The cryptocurrency has since rebounded, and as of writing is hovering marginally above the $26,000 level. Ethereum also declined, hitting its lowest level since March. Bitcoin Bitcoin fell...
First Mover Americas: Bitcoin Drops to Lowest Level Since June
17.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
Biggest Movers: SHIB Remains Close to 21-Month Low, Following Recent Bear Run
16.6.2023
Despite a slight rebound in price, shiba inu remained near its lowest level in 21 months during Friday’s session. Overall, the global cryptocurrency market cap was marginally higher, climbing by 1% as of writing. XRP was an exception, dropping to a three-week low today. Shiba Inu (SHIB)...
Binance Market Share Drops to Lowest Level Since October
2.6.2023
The exchange remains the largest cryptocurrency exchange by trading volume
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
16.4.2023
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%...
China’s Inflation Rate Drops to Lowest in 18 Months
12.4.2023
The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates suggesting they will remain unchanged. Post...
Binance's Bitcoin Trading Volume Hits Lowest Level in 8 Months Following Termination of Zero-Fee Trading
27.3.2023
Zero-fee trade volume accounted for 66% of Binance’s trading volume in mid March prior to the decision to eliminate the zero-fee promotion
Ethereum price reaches lowest level relative to Bitcoin in 5 months
15.3.2023
Traders question whether the underperformance is due to the Shapella hard fork, while derivatives data indicates that ETH buyers lack conviction