Bitcoin

Bitcoin, the pioneer cryptocurrency, has had a remarkable start to the year 2024, with a whopping 73% increase in the first quarter, reaching an all-time high price of $73,750. Despite a subsequent dip in value, major stakeholders in the Bitcoin market have displayed a consistent trend of accumulation in the first three months of the

Recently, there has been a surge in the accumulation of Bitcoin by short-term holders, with over 1.2 million BTC being accumulated since December 2023. This trend has caught the attention of many investors, especially with the launch of Spot Bitcoin ETFs in the US earlier this year. While whales and long-term holders have traditionally been

Cryptocurrency analyst PlanB recently made a bold statement regarding Bitcoin’s price potential. Despite the current bearish sentiments surrounding the flagship cryptocurrency, PlanB believes that Bitcoin will hit $100,000 this year. In a video on his YouTube channel, he stated that reaching $100,000 is “inevitable” and suggested that it could just be the starting point for

The recent sharp downturn in the price of Bitcoin, which dipped below $67,000, has caused concern among investors. However, crypto analyst Michael van de Poppe has taken a different stance, encouraging the crypto community to view this decline as an opportunity to acquire BTC at a lower price. In a recent post on X (formerly

Recently, Tether, the world’s largest stablecoin issuer, made a significant purchase of Bitcoin, acquiring 8,888 BTC on March 31. This move has stirred up discussions within the crypto community as to why Bitcoin’s price has dipped despite such a bullish development. Tether now holds nearly 75,400 BTC, ranking it among the largest Bitcoin holders globally.

The Bitcoin Halving event is quickly approaching, with just a few more blocks left before miners’ rewards are slashed in half. According to data from Coinwarz, the Halving is expected to occur on April 19 at Block 840,000. This event, programmed into the Bitcoin protocol by Satoshi Nakamoto, takes place approximately every four years or

The cryptocurrency market is eagerly anticipating the upcoming Bitcoin Halving, with many market analysts predicting further upside movements for the flagship crypto, Bitcoin. However, amidst all the attention on Bitcoin, crypto analyst Jason Pizzino has recently made a compelling case for alternative cryptocurrencies like Ethereum (ETH) and Solana (SOL), emphasizing the significance of paying attention

Popular cryptocurrency analyst and enthusiast, Rekt Capital, recently discussed the breakout process of Bitcoin (BTC) from a weekly range. He pointed out that Bitcoin has been stuck within a weekly range named Black-Black, ever since it faced an 18% correction. This range was formed by the candle-bodied peak and the upside-wicking peak from 2021. Rekt

The Bitcoin market has been experiencing a surge in price, hovering around the $70,000 mark, with many investors eagerly anticipating further price increases. A significant factor contributing to this surge is the accumulation of Bitcoin by large whales. Whales are known for holding massive amounts of Bitcoin in their addresses, with the ability to make

The recent surge in the Bitcoin price has sparked a wave of optimism among cryptocurrency investors, drawing parallels to the positive spirit often associated with Holy Week among Christians. This renewed momentum in the market has not only benefited Bitcoin but has also led to significant profits for other major cryptocurrencies in the past week.

Bitcoin investors have seen a profitable week as the cryptocurrency surged by 9.34%, reaching above $71,000 according to data from CoinMarketCap. This upward trend has sparked optimism among market participants, who are eagerly awaiting potential large price gains in the current bull cycle. Bitwise CEO Hunter Horsley has shared insights on the significance of the

The recent outflows from the Grayscale Bitcoin ETF caused a significant stir in the market, resulting in a notable drop in the price of BTC. However, as the new week unfolds, there seems to be a shift in the investor sentiment towards Bitcoin. The outflows from the Grayscale ETF have slowed down, hitting one of

Bitcoin (BTC) has recently shown signs of a potential surge, with the cryptocurrency surpassing the $70,000 mark and forming a bullish technical pattern. Analysts, such as Ali Martinez, have identified a bull flag pattern on Bitcoin’s 4-hour chart, typically signaling a consolidation period after a significant price increase. This phase is essential for market participants

Bitcoin bulls seem to have regained control after a period of bearish sentiment. The latest data shows that the Spot Bitcoin ETFs have recorded a significant amount of inflows, indicating a strong bullish outlook for the flagship cryptocurrency. Farside Investors shared on social media that on March 27, the Spot Bitcoin ETFs saw inflows of

Bitcoin reaching $100,000 remains a highly feasible target, especially given the fact that the price of the cryptocurrency hit a new all-time high above $73,00 ahead of the halving. In preparation of the explosive move that is expected to follow the halving, Bitcoin whales are going all out as they fill up their wallets with

Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has dropped to a nine-year low. On March 18, the Bitcoin balance on Coinbase fell to 344,856, signaling a trend of investors moving their holdings off exchanges for long-term storage rather than selling in the near future. This

Rekt Capital, a well-known cryptocurrency expert, has recently pointed out a pattern in the Bitcoin market that resembles the pre-halving retrace of 2020. This observation comes at a time when Bitcoin is showing significant momentum, surpassing the $70,000 mark and recovering from a recent downtrend. The analyst believes that the recent pullback might be nearing

Doctor Profit, a respected cryptocurrency analyst, has recently shared his insights on Bitcoin’s current trajectory. While many in the crypto community have expressed concerns about the recent performance of Bitcoin, Doctor Profit remains optimistic about the future of the leading cryptocurrency. In his analysis, he delves into key factors such as Life Cycle Assessment (LCA),

When it comes to the future price trajectory of Bitcoin in 2024, analysts are divided between optimism and caution. One of the leading voices in the bullish camp is Cryptoyoddha, a prominent crypto analyst known for his meticulous tracking of historical Bitcoin price movements. According to Cryptoyoddha, each cycle of Bitcoin follows a similar pattern:

Last week proved to be challenging for Spot Bitcoin ETFs as they struggled to attract significant inflows day after day. The result was consecutive daily outflows throughout the week, indicating a potential decrease in bullish sentiment among institutional traders. This decline in investor interest was reflected in the price of Bitcoin, which dropped to as

In the volatile world of cryptocurrency trading, the price performance of Bitcoin has always been a topic of interest and concern for investors. The recent decline in Bitcoin’s price has sparked conversations within the crypto community, with many large-cap tokens also experiencing reversals in their profits. However, amidst the uncertainty, there is a group of

The recent decline in Bitcoin’s price has had a negative impact on the spot Bitcoin ETF market, as reported by analytics firm BitMEX Research. Over the last four trading sessions, these BTC ETFs have experienced negative netflows. This decline has been particularly noticeable in Grayscale’s GBTC outflows and the record low inflows for other ETFs

As Bitcoin approached the highly anticipated Halving event, analysts at JPMorgan sounded a note of caution. They pointed to the recent net outflows from Spot Bitcoin ETFs as an indicator of bearish sentiment in the market. Led by Nikolaos Nikolaos Panigirtzoglou, the strategists highlighted the sustained open interest in CME Bitcoin futures as another worrying

Recently, the cryptocurrency market witnessed a surge in Bitcoin’s value, with the coin reclaiming the $67,000 mark. This unexpected spike led to a wave of liquidations, totaling nearly $300 million, catching many traders off guard. Data from Coinglass revealed that within a 24-hour period, approximately 86,047 traders suffered losses exceeding $250 million. Major exchanges like

In recent days, Bitcoin experienced a remarkable recovery, climbing from the $61,000 price level to $67,000 as Wednesday came to a close. This surge in price has sparked optimism among cryptocurrency enthusiasts, who are hopeful that a bullish movement could be on the horizon. However, it is important to note that Bitcoin has not yet

Bitcoin, the flagship cryptocurrency, has been showing signs of a bullish trend in the market, fueled by certain fundamental factors. Despite recent price declines, data from the on-chain analysis platform CryptoQuant reveals a significant drop in the supply of Bitcoin on exchanges over the past 4 years. This decreasing supply indicates that most investors are

The recent sharp decline in the price of Bitcoin has sent shockwaves through the cryptocurrency community, leading to a flurry of discussions and speculations on social media platforms. Influential figures in the crypto space have provided insights into the possible reasons behind this significant drop, shedding light on various factors contributing to the downfall of