Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why

Bitcoin chart shared by Peter Brandt on X

As Bitcoin is experiencing an uptrend in worth rising by 12.6% prior to now week to commerce above $66,000, analysts at Coinbase in a Friday report have disclosed potential limitations to its upward trajectory as a result of “rising promote orders” on the trade. In line with the report, the latest appreciation in Bitcoin’s worth … Read more

Coinbase Bears The Brunt Of Supreme Court’s Dogecoin Verdict, DOGE Suffers 4% Slump

In a current ruling that might have implications for the crypto trade, the US Supreme Courtroom unanimously sided in opposition to US-based cryptocurrency trade Coinbase, over a 2021 Dogecoin (DOGE) sweepstakes dispute.  The courtroom’s resolution, delivered by Justice Ketanji Brown Jackson, dismissed Coinbase’s argument {that a} ruling in opposition to it will invite authorized turmoil, … Read more

Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals

Bitcoin Binance Vs Coinbase

A quant has defined how there seems to be a relationship between Coinbase’s spot quantity dominance vs. Binance’s and the Bitcoin value. Bitcoin Has Been Reacting To Binance/Coinbase Quantity Modifications In a CryptoQuant Quicktake submit, an analyst mentioned the dynamics within the cryptocurrency market that come up out of the battle occurring between Binance and … Read more

Will This Help Push BTC Above $74,000?

BTC dormancy chart | Source: CryptoQuant

Whereas Bitcoin struggles to increase good points, on-chain information shared by Ki Younger Ju, the founding father of CryptoQuant, on X shows elevated motion of outdated cash. Because the Bitcoin Common Dormancy chart reveals, this development lately hit a 13-year excessive.  Extra Outdated Whales Transferring Cash The Bitcoin Common Dormancy reveals the typical variety of days every … Read more