Cryptocurrency News
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 […]
Whale activity has been a mixed bag lately, with some whales opting to buy while others choose to sell, all in pursuit of capitalizing on recent market movements. Among the largest cohort of whales, those holding between 1,000 and 100,000 BTC, there’s a discernible trend of accumulation, typically associated with […]
Bitcoin exchange-traded funds (ETFs) witnessed unprecedented trading activity, setting new daily volume records, possibly influenced by the closure of markets for Presidents Day. 📈 #Bitcoin #ETF volumes & inflows have seen record daily highs, perhaps aided by closed markets for #PresidentsDay. Amongst the 7 largest ETF's, there was a combined […]
Bitcoin is slowly building up for another leg up after losing heat last Weekend. It may reach a new milestone this week as it continues to gain dominance. Although, a pullback lies ahead as the market becomes greedy. After trading as low as $38,500 last month, Bitcoin bounced and increased […]
Bitcoin’s recent impressive performance has been the driving force behind the significant rise in the cryptocurrency market, leaving investors reaping profits as digital currencies experience a sharp increase in value. The correlation between Bitcoin and stocks has notably strengthened over the past two months, indicating investor optimism surrounding the possibility […]
In a resurgence of activity, Bitcoin’s ETF trading volume has soared in mid-February, surpassing $1.8 billion per day across the seven most prominent ETFs: GBTC, IBIT, FBTC, ARKB, BTCO, BITB, and HODL. This surge in trading volume coincided with Bitcoin’s breach of the $50,000 mark earlier this week, signaling a […]
The cryptocurrency market is witnessing significant activity, with Bitcoin’s open interest across all exchanges soaring to its highest level since April 2022, reaching an impressive $13.57 billion. #Bitcoin open interest across all #crypto exchanges, representing the total number of open long and short $BTC positions, has surged to its highest […]
Bitcoin has made a significant rebound, briefly surpassing the $52,000 mark for the first time since December 3rd, 2021. However, seasoned investors remain cautious as excessive jubilation often precedes market corrections, especially when social media chatter turns to discussions about reaching new all-time highs. 📈😮 #Bitcoin has resumed its climb, […]
Bitcoin’s trading volume surged to a highly-high as its market value peaked at $50k during the weekend frenzy, marking a +18% growth week. While Ethereum also experienced a slight boost, most other trading volumes remained relatively stagnant in comparison. 🚨 JUST IN: #Bitcoin Hits $50kFirst time since 12 months ago […]
Alongside other coins, Ethereum recovered significantly in the past weeks after sitting well above key monthly support. Unlike Bitcoin, it has yet to revisit its previous high as the price faces key resistance. As expected, Ethereum finally retested the important $2,500 level as resistance during last weekend’s trading but it […]
After bouncing off a two-month low in late January, Bitcoin recovered by almost 30% in three weeks and traded back at the top. It saw rejection and now appears to form a double-top pattern on the daily chart. Once again, Bitcoin returns to the top after suspending bullish for a […]
Bitcoin Cash’s BCH volatility remains low despite the latest increase across the crypto space. It continues to gather momentum as trading stalled under $300 for months. However, it is still looking bullish on a monthly chart. After bouncing off $220 last month, BCH faced resistance at $244 and pulled back […]
Bitcoin’s market value surged to $46.3K today, further solidifying its dominance over altcoins as traders remain cautious for the third consecutive week. The recent surge in Bitcoin’s price is attributed to crowd bearishness over the past three weeks. Santiment data reveals that only 5.3% of Bitcoin is currently held on […]
In the wake of the SEC’s approval of 11 Spot ETFs just four weeks ago, the number of wallets holding Bitcoin continues to dwindle. This trend is attributed to the prevailing fear, uncertainty, and doubt (FUD) among investors, alongside the increasing array of alternative investment options competing for attention. 📉 […]