Cryptocurrency News
Bitcoin’s whale activity has reached its highest level in over ten weeks, with a staggering 11,697 transactions exceeding $100K recorded on Tuesday. Wednesday is on track to see a similar spike, indicating significant movement among large holders. đł Bitcoin's whale transactions have spiked to their highest level in over 10 […]
As Bitcoin began the week with a strong rally, briefly surpassing $66,000, traders are increasingly shifting their focus toward GameFi and memecoins. Interest in these altcoin sectors continues to rise, as discussion rates reflect growing attention from the market. đ With Bitcoin up to start the week and temporarily jumping […]
Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoinâs price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]
As the crypto market braces for the upcoming expiration of Bitcoin and Ethereum options, traders are closely watching pivotal price levels. A significant $1.10 billion in Bitcoin options and $466 million in Ethereum options are set to expire, bringing the “max pain” price into focusâ$62,000 for Bitcoin and $2,500 for […]
Bitcoin experienced a sharp drop yesterday, hitting a 3-week low of $58.9K, but many traders are now identifying this dip as a prime buying opportunity. The shift in sentiment came after the release of the US Consumer Price Index (CPI) report, which fueled optimism around potential interest rate cuts. This […]
The appetite for Bitcoin among institutional investors is growing rapidly, with U.S. spot ETFs now holding an impressive $58 billion worth of the cryptocurrency. This amount represents approximately 4.6% of Bitcoinâs total circulating supply. Investment giants such as BlackRock, Fidelity, and Grayscale are actively buying Bitcoin, focusing their purchases within […]
According to NYDIG, Bitcoin has emerged as the best-performing asset of 2024, boasting a year-to-date gain of 49.2%, even in light of a lackluster Q3. A long-dormant whale, who recently reactivated after a lengthy period of inactivity, moved another $634,000 worth of Bitcoin to Kraken this morning. This whaleâs BTC […]
In the third quarter of 2024, Bitcoin’s dominance surged to its highest level since April 2021, as $BTC traded sideways while both $ETH and smaller tokens reached new yearly lows. This trend suggests that Bitcoin is increasingly being viewed as a form of money, whereas Ethereum’s valuation appears more closely […]
Despite an 86% plunge in Bitcoin transaction fees this quarter, market confidence remains resilient, with Bitcoin’s dominance hitting its highest level since April 2021. BTC's market share reached its highest since April 2021 this quarter Bitcoin's price traded mostly sideways throughout the quarter, while ETH and smaller tokens set new […]
Currently, 6% of all wrapped Bitcoin is being staked through various yield protocols, highlighting a growing trend in the market. The wrapped Bitcoin sector is primarily dominated by $WBTC and $BTCB, which together account for over 81% of the total supply. However, the landscape is evolving, with liquid staking and […]
Amid bearish sentiment and technical indicators suggesting potential further dips, a recent decline in Bitcoin futures liquidations is offering a glimmer of hope. On October 1, over 4,000 Bitcoin longs were liquidated, marking the second-largest liquidation event of the year. This massive shakeout hints at a potential local bottom, which […]
For the first time since its all-time high, Bitcoin has set a new technical higher high, with prices bouncing into the $66,000 region. This marks a pivotal moment, as several critical on-chain metrics have also reached higher levels, signaling growing market interest and activity. However, market volatility has surfaced, driven […]
Bitcoin’s impressive run continues, with a 23% gain over the past three weeks, pushing its value from $52,500 to over $65,000. A key driver of this momentum is the growing demand for the Bitcoin Spot ETF. Important Charts for Tracking Bullish Momentum Bitcoin has risen over 23% in the past […]
After consolidating under a key resistance for a week, Bitcoin broke up to a two-month high and lost steam. The price is facing down as it opens this week on a sell, currently looking for a solid support to bounce back. Starting this month on a bearish note, Bitcoin later […]
Bitcoin has experienced a remarkable 11.6% increase this September, igniting speculation about its potential for continued growth as we enter October, often referred to as “Uptober.” Will #BITCOIN continue the upward movement in Uptober… We have seen 11.6% increase in September which is incredible for #BTC. pic.twitter.com/IL6OR68FbK — JAHSON TRADING […]
Bitcoin has officially crossed the $65,000 mark for the first time since August 1, marking a significant milestone in its price recovery. This surge can be largely attributed to continued accumulation by whales and sharks, who have collectively purchased $4.08 billion in Bitcoin over the past six months, preventing sustained […]
Bitcoin is now firmly in control of the cryptocurrency market, accounting for 73% of the total market share, a 6% increase in 2024 alone, according to analytics from Bitcoin. Investors have been steadily shifting from Ethereum to Bitcoin, driving the ETH/BTC ratio to its lowest point since April 2021. While […]
Bitcoinâs correlation with gold has been steadily increasing, reaching its highest level since March 2024. This growing connection highlights Bitcoinâs evolving role as a hedge against macroeconomic uncertainty, particularly in times of recession fears and diminishing confidence in the U.S. dollar. Investors seeking a “safe haven” are turning to Bitcoin, […]