NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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As the broader crypto asset market takes a breather following its recent rally beyond a $3 trillion market capitalization, traders are increasingly seeking leverage through options contracts on Bitcoin and Ethereum. This surge in derivatives activity comes as both BTC and ETH prices consolidate in a narrow trading range, with Bitcoin holding between $94,000 and $95,000 during the same period....
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On-chain data shows Bitcoin whales holding since between three and five years ago have come alive to move a large number of tokens. Bitcoin HODLer Whales Have Broken Their Silence Recently In a new post on X, CryptoQuant community analyst Maartunn has talked about how some old Bitcoin investors have shown movement recently. The on-chain indicator of relevance here is the “Spent Output Age...
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According to a recent CryptoQuant Quicktake post by contributor Carmelo Aleman, Bitcoin (BTC) is “still far from a true supply shock.” The analyst cited several on-chain metrics to argue that despite declining exchange reserves, the leading cryptocurrency is unlikely to face genuine supply scarcity in the near term. Bitcoin Supply Shock? Not Just Yet Since April 21, BTC has been trading within a...
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Dogecoin started a fresh decline from the $0.1900 zone against the US Dollar. DOGE is now correcting losses and might find face hurdles near $0.1750. DOGE price failed to clear $0.200 and corrected gains. The price is trading below the $0.180 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1740 on the hourly chart of the DOGE/USD...
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The North Carolina House has recently approved two significant bills that aim to transform the management of the state’s pension fund, allowing for a modernized investment strategy that includes cryptocurrencies like Bitcoin (BTC). This legislative move comes in response to a $16 billion deficit in the pension system and a need for improved investment returns compared to other states....
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Sebastian Bea, president of Coinbase Asset Management, believes a technical change to the way Washington accounts for its gold could unlock enough budget-neutral capital for a strategic Bitcoin purchase approaching $100 billion—years ahead of market expectations. In a 40-minute appearance on The Scoop with Frank Chaparro released Wednesday, Bea framed the idea as hiding in plain sight....
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XRP price started a fresh increase from the $2.1250 zone. The price is now rising and must clear the $2.250 resistance to gain bullish momentum. XRP price started a fresh increase from the $2.1250 zone. The price is now trading below $2.250 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $2.2450 on the hourly chart of the XRP/USD...
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Ethereum is currently trading above the $1,800 mark but continues to struggle with reclaiming higher levels. After a modest recovery in recent weeks, ETH—along with the broader crypto market—is facing a critical resistance zone that could either spark a breakout rally or lead to deeper consolidation. Bulls must break through the $1,850–$2,000 region to confirm renewed momentum, but macroeconomic...
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Ethereum price started a fresh increase from the $1,735 zone. ETH is now rising and might aim for a move above the $1,840 resistance zone. Ethereum remained strong above $1,720 and started a fresh increase The price is trading above $1,780 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,800 on the hourly chart of ETH/USD (data feed...
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Bitcoin price is rising again above the $94,000 zone. BTC is showing positive signs and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above the $92,500 zone. The price is trading above $94,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $95,000 on the hourly chart of the BTC/USD pair (data feed...