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Bitcoin Open Interest Reaches $69,000 ATH Levels, What This Means For Price
The Bitcoin open interest has been on the rise over the last few weeks as the price has climbed continuously. This sustained rise in the open interest is a reflection […]
16,000 Bitcoin Dormant Since 5+ Years Suddenly Moves, What’s Going On?
On-chain data shows 16,000 BTC, which have been dormant for 5-7 years, have finally shown some movement on the Bitcoin blockchain. 5-7 Years Old Bitcoin Age Band Has Made A […]
Issuers Set New Record As Weekly Inflows Cross $2.2 Billion
Bitcoin spot exchange-traded funds have been online in the US for only two months, but their performance has far eclipsed any other asset class. These ETFs recently hit a new […]
Technical Factors Fueling Rally To $70,000
The price of Bitcoin has been on a tear in recent weeks, surging over 30% and breaching the $50,000 mark. At the time of writing, Bitcoin was trading at $52,377, […]
Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides
Bitcoin price is attempting a fresh increase above the $52,000 resistance. BTC must clear the $52,800 resistance to continue higher in the near term. Bitcoin price is gaining pace above […]
Bitcoin ETFs Threaten Gold’s Dominance As Digitalization Trends Gain Momentum
In just over a month since their approval by the US Securities and Exchange Commission (SEC), Bitcoin ETFs have swiftly gained traction in the market, posing a formidable challenge to […]
Bitcoin Short-Term Holders Just Locked In $647 Million In Profits
On-chain data from Glassnode shows that the Bitcoin short-term holders have recently participated in a massive $647 million profit-taking event. Bitcoin Short-Term Holders Have Realized Large Net Profits Recently According […]
Bitcoin To Receive Monumental $150 Billion Inflow: Expert Reveals
At the Exchange ETF conference in Miami Beach, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged […]
Bitcoin ETFs Boosts Coinbase (COIN) Shares As JPMorgan Upgrades Rating
The recent Bitcoin rally, propelling its price to the $52,000 level, has positively impacted the stock of US-based cryptocurrency exchange Coinbase (COIN). After experiencing a notable dip to $115 at […]
Historical Pattern Signals 50% Chance Of Reaching $100K By August
Bitcoin (BTC), the world’s largest cryptocurrency, has surged to a 26-month high, reaching $52,000 and reigniting predictions of surpassing its previous all-time high (ATH) of $69,000. The market has experienced […]