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Litecoin (LTC) was among the few bright spots for the crypto market which had to endure the negative effects of FTX collapse.

Cardano price bounced back after suffering a decline in the FTX-triggered crash in crypto this week. The token of the smart contract platform hit a lo

Apr 26, 2021 06:06 GMTCrypto News Bitcoin has not been this oversold since the March 2020 pandemic crisis-induced panic episode, while sentiment on the “Fear and Greed Index” shows it is at its lowest levels in a year. Negative sentiment has been encompassing the crypto markets as Bitcoin’s social sentiment shifted to a full-on bearish outlook. Bitcoin’s 30-day MVRV ratio shows that short-term BTC traders are down by more than 10% on their initial investment. Bitcoin price dropped to lows in the $47,000 zone after recording its all-time high at almost $65,000 in the previous week. Bit...

Apr 15, 2021 06:11 GMTCrypto News Bitcoin’s on-chain data suggest a short-term correction may be needed before Bitcoin could continue its price rally.  Market sentiment toward Bitcoin poses a major concern for the cryptocurrency, indicating it is approaching “peak hype.” Although Bitcoin faced a correction, BTC’s MVRV ratio suggests it could be setting itself up for further price appreciation. Bitcoin has continued to record new all-time highs and most recently surpassed $64,000.  Bitcoin sentiment shifts to overwhelmingly bullish for the first time in two months According to on-cha...

Jan 19, 2021 06:32 GMTCrypto News The Reserve Risk indicator suggests that long term investors are confident that Bitcoin will rally again. Grayscale continues with the buying spree, filling its bags with 16,244 more BTC. Bitcoin’s NPL indicator by Santiment is flattening out, offering opportunities for new entries. Bitcoin has delayed the expected breakout to $40,000, leading to uncertainty and even talks of a possible retreat under $30,000. However, the Reserve Risk indicator from Glassnode suggests that long-term investors are staying put. Meanwhile, the pioneer cryptocurrency is dancing...