Bitcoin

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

The Government Pension Investment Fund (GPIF) of Japan, known as the world’s largest pension fund, has made headlines with its recent announcement to explore diversification opportunities that include Bitcoin. This move is a significant departure from its traditional investment strategy, which typically focuses on conservative asset classes. The fund, which boasts assets totaling $1.5 trillion,

The recent price movement of Bitcoin has been a cause for concern among crypto enthusiasts and investors alike. Ever since reaching an all-time high of $73,000, Bitcoin has been on a downward trajectory, leading to a wave of speculations regarding the future direction of the digital asset. The general sentiment in the market is one

The cryptocurrency market recently experienced a significant shakeup with Bitcoin prices plummeting to a weekly low of $65,000. This sudden decline comes on the heels of a period of remarkable gains and record highs, leaving investors reeling from the unexpected turn of events. As of the latest data from Coingecko, Bitcoin is currently trading at

Bitcoin’s futures market is currently showing promising signs that have historically been associated with bullish sentiment. One key metric that analysts are closely monitoring is the Bitcoin futures basis, which represents the difference between the futures price of Bitcoin and its spot price. Recent data has revealed that the basis has surged to unprecedented levels

Bitcoin has been a topic of hot debate among investors and analysts alike, with many making bold predictions about its future price movements. Analysts from private wealth management firm, Bernstein, have recently reaffirmed their previous Bitcoin prediction, emphasizing that the cryptocurrency has a greater chance to reach $150,000 by 2025. Gautam Chhugani and Mahika Sapra,

The recent crash in the crypto market, specifically in Bitcoin prices, has been attributed to a significant decrease in net flows into Spot Bitcoin ETFs. Data from Spot On Chain indicates that there has been a considerable decline in daily net inflows into these ETFs over the last few days. The trend started on Wednesday,

MicroStrategy, an American business intelligence and software development company, has recently made headlines with its ambitious plans to acquire even more Bitcoin. The company announced its intention to raise $500 million in convertible debt offerings to purchase additional BTC, following a previous sale of $800 million in convertible debt offerings. This move comes as no

Samson Mow, the CEO of Jan3 and known Bitcoiner, has made a bold prediction that Bitcoin could skyrocket to $1 million in the near future. In a recent interview with ‘What Bitcoin Did’ Host Peter McCormack, Mow reiterated his belief that BTC will reach this milestone either by the end of this year or by

The recent surge in the price of Bitcoin has led to a significant increase in profit for the majority of BTC holders. However, this rise has also seen large whales, who hold at least 1,000 BTC in their wallets, taking the opportunity to cash out some of their holdings. Crypto analyst Ali Martinez highlighted this

The recent surge in Bitcoin’s value beyond the $73,000 mark has been fueled by notable players in the financial realm, specifically BlackRock and MicroStrategy. BlackRock, a titan in asset management, made headlines by filing with the SEC to incorporate spot Bitcoin ETFs into its Global Allocation Fund. This move has sparked hopes for increased demand,

Despite facing a 5% decrease in the past week, Cardano (ADA) remains strong and resilient with a current price of $0.75. The 24-hour trading volume stands at $1.14 billion, while the market capitalization is at $24 billion. Analysts like Sssebi are optimistic about ADA’s future, highlighting significant green candles on the weekly charts and a

The recent surge in Bitcoin’s price has coincided with a significant increase in interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs). According to Matt Hougan, Chief Investment Officer of Bitwise Asset Management, approximately $20 billion has flowed into the market since the launch of 10 new spot Bitcoin ETFs in mid-January. This influx of

In a groundbreaking achievement, Bitcoin has once again made headlines by surpassing the $71,000 mark, solidifying its position as the digital equivalent of gold. This milestone comes as Bitcoin’s market capitalization surpasses that of silver, further establishing its dominance in the digital currency space. The rapid rise in Bitcoin’s value has been a consistent trend

Bitcoin, the famed cryptocurrency asset, has recently broken through a new price ceiling, surpassing its previous all-time high of $69,000, achieved nearly three years ago. This significant milestone has ignited a surge of optimism among crypto enthusiasts and experts alike, who are now predicting further upward momentum for the digital currency in the coming months.

The surge in Bitcoin transaction fees has taken the market by storm, doubling in just one week as the market rallies towards the coveted $70,000 mark. While the upward trajectory of Bitcoin’s price is a contributing factor, the sudden rise in Ordinals transactions has played a significant role in this unprecedented surge. Ordinals transactions, which