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Bitcoin Miner Profits Recover

New data on bitcoin mining profitability reveals the Antminer S9 and S19 mining machines have been following the price of bitcoin up in recent weeks. Arcane Research said the increasing bitcoin price coupled with a stagnating hashrate, or blockchain computational power, has made 2021 a lucrative year for bitcoin miners. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Liquidity Continues to Drop as Whales Took Advantage of Q3's Low Prices

Bitcoin liquidity continues to go down as whales took advantage of low prices in the summer to stock up. Investors who entered in Q4 of 2020 and Q1 of 2021 have continued to hold throughout price swings, keeping their liquidity off the market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Who Is the Whale(s) Buying Up $1.6B Bitcoin in 5 Minutes?

Bitcoin, the world's largest cryptocurrency, surged past $54,000 to the highest in almost five months as bullishness returns to the market following the prior months' slump. CryptoQuant reports there was one purchase of $1.6 billion worth of BTC via market orders in just five minutes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Price High Coincides With Funds Buying BTC

Bitcoin bounced today thanks to renewed speculation the U.S. could soon approve exchange-traded funds (ETFs) on bitcoin futures. The consensus in the crypto market is that an ETF would become the most important source of demand from yield-hungry institutional and traditional market investors. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Declines From Resistance, Approaches $40K Support

Bitcoin is trapped in a narrowing price range and is trading lower after sellers responded to resistance near $45,000. Support is nearby at $40,000, which could stabilize the pullback. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Recovering, Faces Short-Term Resistance Near $46K

Bitcoin is recovering above its $40,000-$42,000 support zone with initial resistance seen at around $46,000 after global macro fears sent worldwide equities and crypto markets tanking Tuesday. Still, some suggest it's too early to call bitcoin's bottom. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Eyes $3B September Options Expiry After Dropping to $40K

Major crypto options exchanges, including industry leader Deribit, will settle over $3 billion worth of bitcoin options contracts Friday. Analysts don't expect the monthly expiration to have a notable impact on bitcoin, which is under pressure this week due to macro risks and regulatory concerns. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Is Bitcoin Still a Safe Haven Asset?

Bitcoin continues to take cues from equity markets amid macro uncertainty, seeming to contradict the popular narrative of BTC being a safe haven like gold. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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September Bitcoin Correction? BTC Slips Below $45K

Past data shows September dips pave the way for larger bull runs, particularly those seen after a halving year. Bitcoin underwent its third mining-reward halving in May last year. The first and the second halvings took place in 2012 and 2016. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Golden Cross Appears in BTC Chart, Confirming Bullish Trend

New data reveals bitcoin has formed a golden cross on its daily price chart, a rare but closely tracked pattern that generally occurs when an asset is on an upswing. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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