Cryptocurrency News
Following the recent announcement by the Federal Open Market Committee (FOMC) to maintain interest rates at current levels, the cryptocurrency markets have staged a robust rebound. Traders are feeling bullish, buoyed by the decision’s positive impact on both equities and the correlation between cryptocurrency and the S&P 500. 🇺🇸📈 After […]
Today, Bitcoin, the world’s leading cryptocurrency, experienced a notable 5% decline, slipping below the $64,000 mark, signaling increased volatility in the market. A significant event occurred on the BitMEX exchange where a user initiated a sell-off of more than 400 BTC, causing a temporary price plunge to $8,900. However, according […]
Last week, Bitcoin reached a turning point after breaking significantly above its all-time high (ATH). After hitting a new high, it quickly lost steam and declined heavily. It still holds 30% gains in the past month. Following a notable bounce from the $38k level in January, Bitcoin increased well and […]
Recent data indicates a significant uptick in net inflows into Bitcoin spot exchange-traded funds (ETFs) on March 15th, signaling heightened investor interest amidst market fluctuations. On March 15th, the total net inflow of Bitcoin spot ETFs was $198 million. Grayscale ETF GBTC had a net outflow of $139 million for […]
As Bitcoin steadily approaches its final five weeks before the much-anticipated halving event, all eyes remain fixated on its price action and the continuous surge to All-Time High levels. Alongside this fervor, the growing influence of Blackrock and AI assets in the cryptocurrency sphere is also drawing significant crowd interest […]
Today marked a historic milestone for Bitcoin exchange-traded funds (ETFs) as total net inflows surged to an unprecedented $1.05 billion, setting a new single-day record since the inception of ETF trading. According to SoSoValue data, on March 12, the total net inflow into Bitcoin spot ETFs reached $1.05 billion, setting […]
Bitcoin surged past the $72,000 mark today, achieving a new all-time high (ATH) and bringing joy to investors as 100% of Bitcoin addresses reportedly found themselves in profitable territory. Ahead of this impressive rally, a newly established wallet, 3Khjn, made significant withdrawals from Binance, totaling 598.8 BTC, valued at $41.5 […]
Bitcoin’s volume increased today after a failed attempt to break higher last weekend. Its parabolic movement remains valid on the daily chart but it seems to be nearing an overbought region on the short-term perspective. Last week was another remarkable milestone for Bitcoin as it surpassed the crucial $69k level […]
Bitcoin made headlines yesterday by reaching a new all-time high of $70,199 on Coinbase, marking another significant milestone for the cryptocurrency. While this achievement is noteworthy, the trading community is currently exhibiting a blend of fatigue and disinterest in altcoins. 🥳 #Bitcoin has established yet another new #AllTimeHigh today, reaching […]
The recent turbulence in Bitcoin’s price post-AllTimeHigh hasn’t deterred the presence of sharks and whales in the market. Despite the fluctuations, there’s a noticeable decline in overall non-0 $BTC wallets, largely attributed to smaller traders capitulating amidst the uncertainty. Santiment data reveals a 3.9% increase in 10k-100k wallets over the […]
Bitcoin recently surged to a new all-time high of $69.3K, only to swiftly retrace over 7% to $59.3K. This volatility sparked speculation among traders, especially those with limit orders just above previous ATH levels. The market’s response to this retest will be crucial in gauging sentiment moving forward. 📊 #Bitcoin […]
In the last 24 hours, the cryptocurrency market experienced a noticeable downturn, leading to a decrease of over 2% in the global crypto market value. Ethereum (ETH) encountered a rapid decline of more than 15% within just five hours, plummeting to as low as $3,220. However, it swiftly bounced back, […]
Bitcoin surged to $68,785 according to CoinMarketCap data, marking its highest market value since November 2021 and coming just shy of its all-time high of $68,789. 🥳 #Bitcoin has climbed as high on $67.5K on global #crypto exchanges, its highest market value since November 2021, and within 1.4% of the […]
Bitcoin’s recent rally took it to a peak of $64.1K, marking a significant milestone in its upward trajectory. However, shortly after reaching this high, the cryptocurrency experienced a moderate retracement to around $59.8K. 🥳 #Bitcoin has now climbed as high as $64.1K before a mid-sized retracement down to $59.8K approximately […]
Bitcoin has made significant strides in the market, climbing to a value of $57,250, which is within 19.9% of its previous high of $68.6K set 27 months ago. Currently, traders are closely eyeing BTC as interest in altcoins takes a temporary backseat. 🥳 #Bitcoin has now scratched its way to […]
Bitcoin looks relatively calm over the past few days with no major signal for the next actual direction. However, it recently initiated a drop, but quickly bounced back to its trading range as it decides on the next big move. Last week saw Bitcoin through another significant milestone after increasing […]
The year 2024 holds a mix of potential scenarios for Bitcoin, influenced by several key factors including institutional adoption, the halving event, regulatory developments, and global economic conditions. In 2023, the cryptocurrency space faced challenges, notably with Binance and its CEO Changpeng Zhao entangled in legal disputes with the U.S. […]
The influx of funds into Bitcoin Exchange-Traded Funds (ETFs) has reached a staggering $233 million, signaling a notable surge in investor interest in the cryptocurrency. Despite the inherent volatility of the market, Bitcoin has maintained a relatively stable price, hovering consistently around $51,000. On February 23, reports from SoSoValue indicated […]