Research: Whales Have Been Offloading Bitcoin Since 2021
Bitcoin (<a href="https://cryptoslate.com/coins/bitcoin/">BTC</a>) supply per whale has been mimicking the price movements since 2014 and has been declining since the end of 2021, indicating that whales are selling off their holdings, according to data analyzed by CryptoSlate.
Non-Whale Bitcoin Investors Break New BTC Accumulation Record
Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests.
Bitcoin Shrugs Off BlockFi, China Protests As BTC Price Holds $16K
Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers.
Hash Ribbon Reversal Confirms Bitcoin Miner Capitulation Phase
Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles.
Bitcoin Hash Rate Slump Likely to Impact ASIC Prices
BTC prices are not the only thing in decline at the moment. Following recent record highs, the Bitcoin hash rate is also decreasing sharply.
Over 90% of Australians Have Heard About Bitcoin (Survey)
According to a study conducted by Independent Reserve, more than 25% of Aussies are crypto HODLers.
On-chain Data: Bitcoin Miner Capitulation Begins, More Pain Ahead for BTC?
Bitcoin miners have suffered the maximum during this massive price correction. On-chain data suggests that the Bitcoin miner capitulation has officially begun hinting at further pain ahead in the price of BTC. Bitcoin miner capitulation is a scenario that occurs when the Bitcoin price drops wherein it becomes difficult for some miners to hold the BTC profitably. As a result, they are forced to sell and move off the network. (coingape)
ApeCoin Nears $4 Once Again, but Can the Bulls Keep Up the Pressure?
<a href="https://ambcrypto.com/category/bitcoin-news/">Bitcoin</a> had a bearish November. Its ascent to $21.5k was brutally ended, and BTC bulls fought to hold on to the $16k-$16.2k area of support. To the north, $16.7k and $17k posed some resistance. In these conditions, <a href="https://ambcrypto.com/?s=apecoin">ApeCoin</a> can be forgiven for seeing dramatic losses on the price charts as well.
Genesis Bankruptcy by EOY Now at 59% – Sentiment of Bitcoin Investors Pivots
A possible Chapter 11 bankruptcy of Genesis Trading and parent company DCG is still depressing the sentiment on the Bitcoin market. Genesis last commented on Twitter on November 16. Parent company DCG last spoke out on November 18 via the social media platform.
Bitcoin Volatility Plummets but Signs of a Bottom Start Showing (BTC Price Analysis)
The market has been suffering through extremely low volatility and a lack of demand as fear seems to be the predominant sentiment. Bitcoin’s price appears to have entered a mid-term consolidation stage between $15K and $17K, and a breakout from either direction should determine the cryptocurrency’s direction.
