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Bitcoin Price Eclipses $72,000: 5 Major Factors
In the early US hours of Monday, Bitcoin witnessed a significant surge, with its price climbing above the $72,000 mark. The ascent, marked by a more than 4.5% increase within […]
$115-Million Bitcoin Whale Wakes Up From 10-Year Slumber
Bitcoin is still pushing a price recovery on its quest to return to the $70,000 price level. This has seen the cryptocurrency now trading above $69,000, up by 1.6% in […]
111,000 BTC Move Out Of Exchange Wallets In A Month
The Bitcoin price has somewhat slowed down since reaching the unprecedented high of $73,000, moving mostly sideways since mid-March. However, with the halving event less than a fortnight away, all […]
Arbitrum (ARB) Poised For Resurgence: Downtrend Reaching Climax?
Generally, the crypto market has been experiencing a pullback after Bitcoin and many other coins like Ethereum have recorded a new all-time high of which Arbitrum (ARB) was not left […]
Bitcoin ETFs See Three Days Of Bullish Inflow
The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC sent jitters through the financial world. Initial concerns about fading demand seem unfounded as Bitcoin ETFs continue to shatter trading […]
Bitcoin Crash? CryptoQuant CEO Sees LUNA-Like Risks Ahead
Ethena Labs has revealed its latest strategic move: the inclusion of Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe. This decision, aimed at significantly scaling the product’s supply […]
This Bitcoin Indicator May Have Signaled Latest Market Downturn In Advance
The Bitcoin Network Value to Transactions (NVT) Golden Cross indicator attained overheated values coinciding with the recent local top in the price. Bitcoin NVT Golden Cross Surged To 3.17 During […]
$5.2 Billion Sold At Loss
On-chain data shows the recent Bitcoin drawdown has shaken up the short-term holders, leading them to make large exchange deposits at a loss. Bitcoin Short-Term Holders Have Transferred Huge Volume […]
Are ETF Outflows An Issue?
On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of […]