Many cryptocurrency enthusiasts have heard of the Pi Cycle Top indicator, which has “magically” predicted the peaks of several previous bull markets. However, few know that there is also its opposite, Pi Cycle Bottom, which […]
Bitcoin’s energy consumption has reportedly declined drastically since only three weeks ago. Estimates from the Cambridge Bitcoin Electricity Consumption Index on Friday show that the network now consumes more than 25% less power than it […]
ProShares will introduce a short-Bitcoin futures exchange-traded fund tomorrow on the New York Stock Exchange to track the inverse behavior of the S&P CME Bitcoin Futures Index. The new Short Bitcoin Strategy ETF comes as […]
Despite the ongoing bearish trend in cryptocurrency markets, venture capital firms continue pouring capital into major industry players like FalconX. FalconX, the institutional-level digital asset platform and crypto brokerage, has raised $150 million in fresh […]
Mike McGlone, the well-known Bloomberg commodity analyst, claims that the $20,000 band for Bitcoin is similar to $5,000 in past years. The famous analyst suggests that the current level can act as the new price […]
The Canadian businessman and TV personality – Kevin O’Leary (a.k.a. Mr. Wonderful) – believes the ongoing decline of the cryptocurrency market is a healthy event that will clear out the insignificant projects and leave only […]
In the early trading hours of June 18, the two flagship digital assets, Bitcoin and Ethereum, crashed by over 8%, respectively, pushing their price below the dreaded $20k and $1k level. This massive decline has […]
Scott Quinn Berkett – a 25-year-old resident of Beverly Hills, Los Angeles – reportedly pleaded guilty to transferring $13,000 worth of bitcoin to a hitman on the Dark Web. The latter was supposed to kill […]
As a difficult proposition for novice traders, a bear trap can be recognized by using charting tools available on most trading platforms and demands caution to be exercised. In most cases, identifying a bear trap […]
Be[in]Crypto takes a look at Bitcoin (BTC) on-chain indicators, focusing this week on the Market-Value-To-Realized-Value (MVRV), Reserve Risk and Puell Multiple. MVRV Z-Score MVRV is defined as the ratio between the market and realized capitalization levels. Values […]
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