🔍 Market Summary

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Will Trump’s 100-day speech end Bitcoin’s 'compressing' range?

Will Trump’s 100-day speech end Bitcoin’s 'compressing' range?

Key takeaways:Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech.Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting price sensitivity to demand.Trump’s crypto policy clarity could spark a BTC surge, but tariffs may …

US spot bitcoin ETFs log $3 billion in weekly inflows, a 5-month high following BTC price spike

US spot bitcoin ETFs log $3 billion in weekly inflows, a 5-month high following BTC price spike

As crypto prices recovered last week, U.S.-based spot bitcoin ETFs logged over $3 billion worth of inflows, the highest such value since November, 2024, while their Ethereum equivalents logged the first net weekly inflows since February. Friday marked the sixth straight day of net inflows for the bi…

Peak Euphoria: Peter Schiff Asks X Followers to Donate Bitcoin

Peak Euphoria: Peter Schiff Asks X Followers to Donate Bitcoin

The Bitcoin permabear said in a post on Wednesday that due to the current market price rally, he is asking followers to change his mind about the cryptocurrency by donating it to his BTC address.Due to Bitcoin’s rally, the current market value of my Strategic Bitcoin Reserve has risen above $5,000 f…

Bitcoin Sees 4th Dip in Funding Rates This Year — What Does This Mean For BTC?

Bitcoin Sees 4th Dip in Funding Rates This Year — What Does This Mean For BTC?

Bitcoin’s recovery continues to show momentum, with the asset currently trading at $94,288 after gaining 1.6% over the past 24 hours. The price has now risen nearly 15% over the past two weeks, reversing a previous correction phase and pushing BTC closer to retesting the $100,000 price mark.Amid the…

 Bitcoin long-term holders get $26B boost as BTC price recovers from ‘fairly normal’ 30% correction

Bitcoin long-term holders get $26B boost as BTC price recovers from ‘fairly normal’ 30% correction

Key Takeaways:The Bitcoin long-term holder cohort saw a $26 billion value increase as BTC price surged to $94,900.Short-term holders sold at a loss in early April.Bitcoin’s 30% correction lines up with historical cycles, and BTC could find support in the $88,750 and $91,000 zone. Bitcoin long-term …

LayerZero (ZRO) - ZenBTC - LayerZero - 24 Apr 2025

LayerZero (ZRO) - ZenBTC - LayerZero - 24 Apr 2025

ZenBTC's move to integrate LayerZero's OFT Standard is big news for users looking to easily move Bitcoin across different blockchain networks. This means faster, cost-effective BTC transfers without needing different exchanges. If successful, more platforms might adopt LayerZero technology. This mak…

Bitcoin rebounds as bulls eye $100K and bears scramble to cover short positions

Bitcoin rebounds as bulls eye $100K and bears scramble to cover short positions

Key takeaways: Bearish Bitcoin traders were caught off guard by BTC’s rally above $90,000.Spot volumes are driving the Bitcoin price rally.Derivatives positions with a bearish bias remain at risk of liquidation.Bitcoin held above the $93,000 mark on April 24, suggesting a potential conclusion to th…

Bitcoin (BTC) Shows Resilience as It Strengthens and Decouples from Stock Markets

Bitcoin (BTC) Shows Resilience as It Strengthens and Decouples from Stock Markets

Bitcoin has gained significant momentum over the past week, surging 10% against the US dollar after a relatively quiet and often painful spring. After recently hitting two-month high, the world’s leading cryptocurrency appears to be setting its sights on a new all-time high, and this signals a poten…

The Daily: CME to launch XRP futures as ETF momentum builds, Metaplanet reaches 5,000 BTC in expanding bitcoin accumulation race and more

The Daily: CME to launch XRP futures as ETF momentum builds, Metaplanet reaches 5,000 BTC in expanding bitcoin accumulation race and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Thursday! SBF is on the move again — now housed in a low-security prison in Los Angeles, after stops at a "Con Air" transit hub in Oklahoma and California's notoriously violent "Victi…

Bitcoin-to-gold ratio risks 35% decline following Wall Street's $13T wipeout

Bitcoin-to-gold ratio risks 35% decline following Wall Street's $13T wipeout

Bitcoin’s value relative to gold (XAU) may be poised for a steep 35% drop as it mirrors historical bear market signals and reacts to massive turbulence that has wiped out $13 trillion from the US stock market.Bitcoin’s breaks below key gold supportAs of April 22, the BTC/XAU ratio had closed below …

Metaplanet Makes 3rd Bitcoin Purchase in April, Expands Holdings to Over $423 Million

Metaplanet Makes 3rd Bitcoin Purchase in April, Expands Holdings to Over $423 Million

Japan’s first and only publicly listed Bitcoin Treasury Company, Metaplanet, has announced the acquisition of an additional 330 BTC. This brings its total holdings to 4,855 BTC.The latest purchase, which is worth approximately 4.02 billion yen ($26.6 million), was executed at an average price of 12,…

Bitcoin longs cut $106M — Are Bitfinex BTC whales turning bearish above $86K?

Bitcoin longs cut $106M — Are Bitfinex BTC whales turning bearish above $86K?

Despite Bitcoin’s price reaching its highest level in over three weeks, traders on Bitfinex reduced their leveraged long (bullish) positions on margin contracts by more than $100 million between April 17 and April 19. This reduction has led to speculation that Bitcoin whales may be anticipating a p…