On this week's Market Research Report:
๐ Fear over #crypto tax impact sent prices tumbling
๐ Long term holders and whales unperturbed by #BTC drop
๐ป Market could be overly bearish, BTC & #ETH falling out of favor
๐ Current market situation
Read it in full ๐ here
๐ Fear over #crypto tax impact sent prices tumbling
๐ Long term holders and whales unperturbed by #BTC drop
๐ป Market could be overly bearish, BTC & #ETH falling out of favor
๐ Current market situation
Read it in full ๐ here
PrimeXBT
Market Research Report: Crypto Drops 20% Market Cap On Mt Goxโs Bitcoin Repayment Fear | PrimeXBT
While news around the cryptocurrency market has been mostly positive for the past few weeks, it was hit hard by a couple of concerns this week. Fears around crypto business tax as well as news surrounding Mt. Gox repayments saw the market tumble somewhat. โฆ
On this week's Market Research Report:
โ๏ธ $USD vs $BTC correlation is back to normal
โ๏ธ Miners and top wallets supply are giving #BTC pressure
๐ Whales continue to buy the dip
๐ฐ $ETH miners sold #ETH prior to the dip
Read it in full โก here
โ๏ธ $USD vs $BTC correlation is back to normal
โ๏ธ Miners and top wallets supply are giving #BTC pressure
๐ Whales continue to buy the dip
๐ฐ $ETH miners sold #ETH prior to the dip
Read it in full โก here
PrimeXBT
Market Research Report: Crypto Not Spared As New COVID Variant Sparkes Fears | PrimeXBT
News of a new โCOVID variant of concernโ plunged stocks which were already having a lousy week. With them went a number of other markets, including crypto which has, at times, been a safe haven in such occurrences. Even before the Covid news came in, earlierโฆ
On this week's Market Research Report:
๐ฉธ Crypto had a bloody Saturday
๐ฐ Positive news did nothing as $BTC supplies were sold
โ๏ธ #BTC balance on exchanges already gave a grave warning
๐ #ETH traps option traders with false bull
๐บ๐ธ๐ฐ๐ท USA and Korean traders go on a shopping spree
Read in full here
๐ฉธ Crypto had a bloody Saturday
๐ฐ Positive news did nothing as $BTC supplies were sold
โ๏ธ #BTC balance on exchanges already gave a grave warning
๐ #ETH traps option traders with false bull
๐บ๐ธ๐ฐ๐ท USA and Korean traders go on a shopping spree
Read in full here
PrimeXBT
Market Research Report: Bitcoin Sheds $10,000 In One Hour Causing 20% Dip While Stocks Also Fall | PrimeXBT
It was not a good week for crypto fans as a massive drop off saw Bitcoin lose 20 percent of its value rapidly. The coin, which was well set in the $50,000 to $60,000 range plunged as low as $40,000 in an hour. As was to be expected in suchโฆ
On this week's Market Research Report:
๐ Open interest in $BTC Futures drop more than 50%
๐ BTC dip buyers mopping up #BTC supply
โก๏ธ BTC network healthier than before
โฌ๏ธ #ETH network activity rises as fees drop
Read in full โก here
๐ Open interest in $BTC Futures drop more than 50%
๐ BTC dip buyers mopping up #BTC supply
โก๏ธ BTC network healthier than before
โฌ๏ธ #ETH network activity rises as fees drop
Read in full โก here
PrimeXBT
Market Research Report: Crypto Loses Early Week Gains While Stocks Post Record Highs | PrimeXBT
The general sentiment around the cryptocurrency market seems to be heading into negative territory this week. The price of Bitcoin, as well as other major altcoins is still down, and any attempts to rally have been quickly shut down. There was some goodโฆ
On this week's Market Research Report:
๐ง Noteworthy bullish crypto news
๐ Institutions and miners buying led #BTC price higher
๐ฐ Metrics suggest BTC in the accumulation phase
๐ #ETH price jumps after whales purchase
๐ฎ #Metaverse tokens edge higher after Meta-led selloff
Read in full โก๏ธ here
๐ง Noteworthy bullish crypto news
๐ Institutions and miners buying led #BTC price higher
๐ฐ Metrics suggest BTC in the accumulation phase
๐ #ETH price jumps after whales purchase
๐ฎ #Metaverse tokens edge higher after Meta-led selloff
Read in full โก๏ธ here
PrimeXBT
Tech-earnings Led Stocks Higher; BTC Bounced Above $40,000 In Late Week Move | PrimeXBT
On Friday the S&P 500 and Nasdaq managed to finish their best week of the year, as continued strength in earnings reports extended the tech-led rebound from the January rout. Amazon led the S&P and Nasdaqโs gains as it added 13.5% on strong quarterly earningsโฆ
In this week's Market Research Report:
โ๏ธ Miners set bearish tone by selling $BTC
๐ฐ BTC accumulation picks up pace
๐ช #BTC entering capitulation zone
โ ๏ธ #ETH exchange reserves rise a sign for caution
โ๏ธ $TRX becomes safe haven while $SOL gets battered
Read in full โก here โฌ
โ๏ธ Miners set bearish tone by selling $BTC
๐ฐ BTC accumulation picks up pace
๐ช #BTC entering capitulation zone
โ ๏ธ #ETH exchange reserves rise a sign for caution
โ๏ธ $TRX becomes safe haven while $SOL gets battered
Read in full โก here โฌ
PrimeXBT
Market Research Report: Oil Spikes Higher After Breakout, Stocks Drop on Better Job Numbers, Crypto Consolidates | PrimeXBT
It was a week of two conflicting reports as the non-farm payrolls (NFP) and ADP employment report showed two different sides of the employment situation. While the ADP employment report released on Thursday showed employment slowdown in the private sectorโฆ
In this week's Market Research Report:
๐ BTC bottomed but bull run not near yet
๐ค Could $BTC still put in a new low?
๐ Goerli merge success sent #ETH soaring
๐ณ $ETH throughput to surpass Visa post-merge
๐ข๏ธ Traditional Markets
๐ Read in full: here
๐ BTC bottomed but bull run not near yet
๐ค Could $BTC still put in a new low?
๐ Goerli merge success sent #ETH soaring
๐ณ $ETH throughput to surpass Visa post-merge
๐ข๏ธ Traditional Markets
๐ Read in full: here
PrimeXBT
Market Research Report: Risk On Rally Resumes After Weaker US CPI, ETH Soars To $2,000 On Impending Merge | PrimeXBT
Following news that another Singapore-based crypto lending platform, Hodlnaut, has stopped withdrawals due to liquidity problems, the crypto market came off early week, but managed to recoup all their losses and made new recent highs after the US CPI dataโฆ
๐๏ธIn this week's Market Research Report:
๐คจ Stablecoin supply forewarned lack of #crypto demand
๐ป History hints of another 6 months of bear market
๐ $ETH community tense ahead of the merge
โ๏ธ $BTC & #ETH break support as dump intensifies
Read in full ๐ here
๐คจ Stablecoin supply forewarned lack of #crypto demand
๐ป History hints of another 6 months of bear market
๐ $ETH community tense ahead of the merge
โ๏ธ $BTC & #ETH break support as dump intensifies
Read in full ๐ here
PrimeXBT
Market Research Report: Stocks, Crypto Sink After Jackson Hole Speech, ETH Loses 13% As Dow Tanks 1,000 Points | PrimeXBT
Stock and crypto prices tanked after Fed Chairman Powell made his stand about interest rates very clearly at the Jackson Hole Symposium on Friday. Recent weak data out of the USA and the easing inflation rate had given some traders hope that the Fed wouldโฆ
๐ฌ In this week's Market Research Report:
โ๏ธ $XRP price doubled as traders anticipate a win
๐ $USDT whales scooping up #BTC
๐ $BTC NUPL suggests more downside possible
โ๏ธ Miners seen selling #ETH post merge
๐ Could miners start favoring #DOGE?
Read in full ๐ here
โ๏ธ $XRP price doubled as traders anticipate a win
๐ $USDT whales scooping up #BTC
๐ $BTC NUPL suggests more downside possible
โ๏ธ Miners seen selling #ETH post merge
๐ Could miners start favoring #DOGE?
Read in full ๐ here
PrimeXBT
Market Research Report: King Dollar Storms All Over the Markets but Fails to Break Crypto Even as Stocks Crushed | PrimeXBT
The traditional markets were rife with activity last week as it underwent one of the busiest weeks of central bank action. The forex markets, in particular, saw one of its highest volatilities outside of a financial crisis as the yen, euro, pound and needlessโฆ
๐ฌ In this week's Market Research Report:
๐ช๐บRate hike race in Europe sends dollar lower
๐ซ$BTC sellers exhausted as price refuses to break lower
๐Whales buying back #ETH post merge
๐Signs of #Altseason as crypto prices pop higher
Read in full โก here
๐ช๐บRate hike race in Europe sends dollar lower
๐ซ$BTC sellers exhausted as price refuses to break lower
๐Whales buying back #ETH post merge
๐Signs of #Altseason as crypto prices pop higher
Read in full โก here
๐ฌIn this week's Market Research Report:
๐ฆInstitutional participation in $BTC picking up
๐Onchain metric suggests #BTC transitioning to bull market
๐ฅNumber of #ETH validators rises to 503,000
๐ $MATIC jumps 20% after $ETH whale makes large buy
Read in full here
๐ฆInstitutional participation in $BTC picking up
๐Onchain metric suggests #BTC transitioning to bull market
๐ฅNumber of #ETH validators rises to 503,000
๐ $MATIC jumps 20% after $ETH whale makes large buy
Read in full here
PrimeXBT
Market Research Report: US Stocks Buoyed by Better Data While Crypto Coils For a Big Move Ahead of Fed Decision
US stocks had a good week after Q42022 GDP figures came in better than expected, rising 2.9% versus expectation of 2.8%. However, the growth rate was slightly slower than the 3.2% pace set in 3Q2022, which could mean that the economy was slowing down. Thisโฆ
๐ฌIn this week's Market Research Report:
๐ป Cryptoโs correlation to stocks lowest in two months
๐ More $BTC bought than is issued
๐ SOPR ratio shows #BTC has bottomed
๐๏ธ #ETH developers push Shanghai to April
๐ฐ Interesting large transactions seen on $LINK
โฝ Traditional markets
โก๏ธ Read in full here: https://primexbt.com/for-traders/mrr-march-06/
๐ป Cryptoโs correlation to stocks lowest in two months
๐ More $BTC bought than is issued
๐ SOPR ratio shows #BTC has bottomed
๐๏ธ #ETH developers push Shanghai to April
๐ฐ Interesting large transactions seen on $LINK
โฝ Traditional markets
โก๏ธ Read in full here: https://primexbt.com/for-traders/mrr-march-06/
PrimeXBT
Market Research Report: Silvergate Woes Drag Crypto Lower Even As Risk-On Trading Sent Stocks, Oil and Gold Higher
The week for crypto came with many negative news out of the USA, first with credit card giants Visa and Mastercard suspending their plans of launching crypto-related products, which failed to take crypto prices lower initially. However, a second string ofโฆ
In this week's market research report, we are covering:
โฌ๏ธ #BTC and #ETH exchange reserves fall as buyers withdraw coins
๐๏ธ $ETH Shanghai date set for 12 April
๐ #USDT market cap increase signals increasing fund flow into crypto
๐ฆ $BTC and Gold finally decouple from stock market
๐ฑ Crypto app downloads surge during week of bank trouble
โฝ๏ธ Traditional finance
โก๏ธ Read here โฌ ๏ธ
โฌ๏ธ #BTC and #ETH exchange reserves fall as buyers withdraw coins
๐๏ธ $ETH Shanghai date set for 12 April
๐ #USDT market cap increase signals increasing fund flow into crypto
๐ฆ $BTC and Gold finally decouple from stock market
๐ฑ Crypto app downloads surge during week of bank trouble
โฝ๏ธ Traditional finance
โก๏ธ Read here โฌ ๏ธ
PrimeXBT
Market Research Report: Crypto and Precious Metals Surge Amid Stock Market Mayhem As Bank Trouble Continue to Spread
Crypto prices made their most significant weekly increase since July 2021 last week after the US PPI index came in grossly below expectations on Wednesday. The PPI is usually a leading indicator of how the CPI in the coming months would be, thus, a big fallโฆ
๐ฌ In this week's market research report we are covering:
๐ $ETH price rises after successful Shanghai fork
โ๏ธ #ETH rally leads #altcoins higher
โก๏ธ #BTC illiquid supply rises to pivotal level
๐ฅถ Latest CPI and PPI numbers shows cooling inflation
๐ Read in full: here
๐ $ETH price rises after successful Shanghai fork
โ๏ธ #ETH rally leads #altcoins higher
โก๏ธ #BTC illiquid supply rises to pivotal level
๐ฅถ Latest CPI and PPI numbers shows cooling inflation
๐ Read in full: here
PrimeXBT
Market Research Report: Shanghai Upgrade Fires Up ETH and Altcoins, BTC Breaks $30,000 After Three-Week Consolidation
The price of BTC broke into $30,000 finally last week after a three-week consolidation after traders returned from the Easter holidays. The move was triggered by a series of positive news for the crypto industry, when the much-anticipated ETH Shanghai forkโฆ
๐ Markets in Motion!
โฌ๏ธ #BTC blasts past $38K, while #ETH teeters on the edge of a yearly peak.
โฌ๏ธ Plus, #Tether's buying spree, what does it mean for your trades?
Find out more in this week's market report here
โฌ๏ธ #BTC blasts past $38K, while #ETH teeters on the edge of a yearly peak.
โฌ๏ธ Plus, #Tether's buying spree, what does it mean for your trades?
Find out more in this week's market report here
PrimeXBT
Market research report: Spot market buying sent BTC to $38,000, ETH attempted to cross the high of the year
Last week started on a sour footing for crypto as the SEC filed a new lawsuit against crypto exchange Kraken for the selling of 15 unregistered securities to USA clients. Meanwhile, the criminal case against Binance was also settled where the US Departmentโฆ