Bitcoin’s price remains just shy of its all-time high, exhibiting consolidation as long-term investors start to re-accumulate coins for the first time since December 2023. This renewed interest among holders suggests a bullish sentiment building in the market. Additionally, the TD Sequential indicator has presented a buy signal on the […]
Tag: ETF
ETHEREUM PRICE ANALYSIS & PREDICTION (May 28) – ETH Nears $4k After Exploding 30% Weekly, Aiming For Previous ATH
In the recent SEC’s spot Ethereum ETF approval for public trading, the price exploded near $4k but later cooled off after facing a rejection. It has resurged and is now on the verge of breaking higher. Two weeks ago, Ethereum traded as low as $2,860 following a pullback from around […]
Whale Activity Surges Amid Ethereum ETF Approval Anticipation
Bloomberg ETF analyst James Seyffart has forecasted that demand for spot Ethereum ETFs could reach 20% to 25% of that for Bitcoin ETFs. This prediction stems from Ethereum’s market size, which is roughly 30% that of Bitcoin. However, Ethereum ETFs have limitations, including the inability to stake and leverage on-chain […]
Bitcoin Whales Buy The Dip As Prices Fall Below $67K
In the past few hours, Bitcoin prices have dropped below the $67,000 mark, sparking a buying frenzy among Bitcoin whales. According to on-chain data, these large holders have purchased over 20,000 BTC worth approximately $1.34 billion as prices dipped. #Bitcoin whales are buying the dip! These large #BTC holders have […]
Bitcoin And Ethereum Surge Amid High Buy Calls: Analysts Predict New All-Time Highs
Crypto traders are increasingly optimistic as Bitcoin surged above $71K yesterday, and Ethereum climbed to $3,770 for the first time in ten weeks. Amidst this bullish trend, many weak hands may panic sell, but just a touch of FUD could set the stage for a new Bitcoin all-time high. 🤑 […]
Ethereum Sentiment Soars As SEC ETF Approval Nears
Ethereum is experiencing its most bullish crowd sentiment since September, driven by optimism around the SEC’s likely approval of the first Ethereum ETFs and a corresponding price surge. This positive outlook is reflected in several key metrics across the Ethereum network. 📊 #Ethereum is seeing the most #bullish crowd sentiment […]
Ethereum Surges As Market Awaits Spot ETH ETF Approval
Ethereum is dominating the crypto conversation across platforms like X, Discord, Telegram, 4chan, and Bitcoin Talk. The crypto community is eagerly anticipating the SEC’s decision on the first Spot ETH ETF, which could significantly impact the market. Additionally, speculation around Tether could drive a bullish market sentiment. 🗣️ #Ethereum is […]
Bitcoin Poised For A Major Move As Market Conditions Stabilize
Bitcoin markets have seen a period of calm following months of significant distribution pressure. While capital inflows have remained modest, the reduction in sell-side activity and compression of volatility suggest that a significant move could be imminent. #Bitcoin markets have experienced a cool down after several months of intense distribution […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 20) – BTC Settles Above $66k Following A 20% Recovery In Three Weeks, What Next?
As anticipated, Bitcoin closed last week’s trading well above the $66k level and remained calm following a slight drop. It is charging back at last week’s high. A rejection there could trigger a short pullback. So far, this month has seen quite imbpressive as Bitcoin increased nicely after experiencing a […]
Bitcoin’s Resurgence: Whales Accumulate As ETFs Drive Net Inflows
The sentiment around Bitcoin has turned decidedly bullish following a surprise surge past $66,000 on Wednesday, now climbing above $67,200. This price jump has sparked renewed interest among large holders. Notably, addresses holding over 1,000 BTC have collectively increased their holdings by 250,000 BTC since the launch of Bitcoin ETFs, […]
Bitcoin ETF Volume Surges, Hitting Highest Levels Since March
Bitcoin ETF volumes are gaining significant momentum, with the seven largest ETFs recording a combined $5.65 billion, marking the highest daily volume since March 24th. This surge indicates a shift in market dynamics, moving beyond the days when whales predominantly accumulated Bitcoin on-chain. 📈 #BitcoinETF volume is picking up major […]
Bitcoin Funding Rate Rises Amidst On-Chain Activity Slump
Bitcoin’s recent surge in funding rate on exchanges like DyDx and Deribit is causing concern among crypto enthusiasts, who are wary of history repeating itself after last week’s market top. With bullish sentiments prevailing, there’s a desire to keep Bitcoin FOMO (Fear of Missing Out) in check, ensuring that shorts […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 13) – BTC Surges 2% Daily To Retap $63,000 Range In A Fresh Increase, Are The Bulls Back?
The latest surge in Bitcoin’s price seemed to have restored bullish hope as it bounced off a key level last week. It reiterated positive actions today and is now looking poise for a shift amid a fresh surge. Starting this month on a bullish note, Bitcoin recovered nicely from a […]
Crypto Market Sentiment Remains Bearish Despite Resilient Trends
The sentiment surrounding top cryptocurrency assets continues to lean towards negativity, a trend that has persisted since the Bitcoin halving on April 19th failed to immediately spur market growth across the crypto sector. With uncertainty prevailing, the departure of small wallets from the market may serve as the catalyst needed […]
Bitcoin Dips Below $62,000 Mark Amidst Whale Activity And ETF Fluctuations
Bitcoin experienced a dip in value today, falling below the $62,000 mark and recording a 2.5% loss. However, amidst this downturn, a significant whale in the cryptocurrency market seized the opportunity to purchase an additional 250 BTC, totaling $15.56 million, at the bottom of the price drop. This whale has […]
Bitcoin Mining Companies Report Production Decline As Market Dynamics Shift
Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April. This decline comes as the robust bitcoin fee market briefly mitigated the impact of the halving, which occurred earlier. Public […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 6) – BTC Retests $65k Following 15% Weekly Gain But Now Losing Steam, Will It Regain Strength?
Bitcoin recently underwent a serious reduction as it dipped to a two-month low. However, it has regained some lost ground in the past few days following a monthly recovery. It is facing resistance at the moment. Last month was an ugly period for Bitcoin, witnessing a notable break below the […]
Bitcoin Market Sees Weekend Surge Amidst Shifting Sentiment and ETF Inflows
Over the weekend, Bitcoin experienced a bullish rebound, propelling its market cap to a current high of $64,100, marking an impressive 8.7% increase in just 24 hours. This surge has led to a significant shift in trading sentiment on Binance, with traders swiftly moving from liquidated short positions to long […]