Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary
Bitcoin’s Realized Cap, an important on-chain metric reflecting the total dollar value invested in the network, has shattered records for the third week in a row, surging to an unprecedented $890.74 billion.The latest spike comes as BTC hovers just below the $100,000 mark, buoyed by investor optimis…
On-chain data from Sentora (previously IntoTheBlock) indicates that the largest cryptocurrency can spike well above $100,000 if it finally manages to break through that barrier, given the lack of significant sell pressure.However, another analyst outlined the next big resistance line, which his not …
Bitcoin’s price correction that lasted a few days came to an abrupt halt as the cryptocurrency skyrocketed by over four grand from bottom to top within less than 12 hours.Many altcoins have turned green as well, which could be attributed to positive developments on the US-China Trade War front.BTC R…
TL;DRNo Paper Losses?The primary cryptocurrency’s price jumped in the past 24 hours, briefly climbing above $97,500. The positive performance was likely driven byreportsthat the United States and Chinese officials will hold trade talks this weekend and could potentially discuss the removal or reduct…
Key Takeaways:Data shows Bitcoin bulls opening margin long positions from $94,400.A $189 million increase in Bitcoin futures open interest and a 15% increase in trading volume show sustained buying interest.BTC momentum tends to slow before FOMC meetings and then turns volatile afterward. The same c…
Bitcoin’s latest bout of price weakness may have less to do with macroeconomic jitters and more with American whales quietly stepping off the gas.The telltale sign is a drop in the Coinbase Premium, an often overlooked indicator of U.S. investor sentiment, which now appears to signal growing selling…
On-chain data shows the cryptocurrency market as a whole has witnessed capital inflows of nearly $19 billion while Bitcoin and others have gone through their recovery.Crypto Market Has Enjoyed Net Capital Inflows Over The Past MonthIn a new post on X, analyst Ali Martinez has talked about the latest…
Co-founder and former CEO, Michael Saylor, announced the latest bitcoin acquisition made by the corporate giant, Strategy (formerly MicroStrategy).The company has spent over $180 million to purchase 1,895 BTC, bringing its total to well over 555,000 BTC.$MSTR has acquired 1,895 BTC for ~$180.3 milli…
Key takeaways:Bitcoin failed to break the $98,000 resistance amid increased profit-taking.BTC price needs to close above $95,000 on the daily chart for a push to $100,000.Bitcoin’s price failed to break above resistance at $98,000 on May 3. Since April 22, BTC prices have formed daily candle highs …
Bitcoin just hit a combination of signals that traders usually keep an eye on during major uptrends. The major cryptocurrency had a rare "bull run combo" on the chart this week — a golden cross on the daily time frame, paired with a strong bounce off a support level around $95,488.The golden cross …
Bitcoin mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect to surge in price, according to John Glover, chief investment officer at Bitcoin lending fir…
Bitcoin (BTC) has surged 14.6% over the past two weeks, rising from approximately $84,500 on April 18 to the mid-$90,000 range at the time of writing. With this upward momentum, the leading cryptocurrency appears to be setting its sights on a new all-time high (ATH), as several technical and momentu…