At the recent BRICS summit in Kazan, Russian Finance Minister Anton Siluanov introduced details of a groundbreaking payment system that could position itself as an alternative to SWIFT, the global interbank messaging network. This initiative reflects a shift in BRICS countries—Brazil, Russia, India, China, and South Africa, with new members including Egypt, Ethiopia, Iran, Saudi […]
Bitcoin (BTCUSD) Sellers Counter Bullish Expansion Bitcoin has reached a new all-time high, facing seller pressure at the critical $90,000 level. This surge highlights a strong bullish trend as the year approaches its end, with Bitcoin’s growth driven largely by rising institutional interest and supportive macroeconomic factors. BTCUSD Price Levels Resistance Zones: $90,000, $91,000Support Zones: […]
The crypto market witnessed unprecedented institutional interest this week, with crypto inflows reaching $1.98 billion amid strong post-election momentum. This surge coincides with MicroStrategy’s massive $2.03 billion Bitcoin acquisition, highlighting growing institutional confidence in digital assets. Analyzing Recent Crypto Inflows and Market Dynamics The latest CoinShares report reveals that investment products focused on digital assets […]
BTCUSD Buyers Fight More Expansion BTCUSD buyers are aiming for further expansion as they push close to the $76,000 resistance level. Bitcoin’s bullish rally continues, with BTCUSD trading near this significant price mark. Buyers have maintained strong momentum in recent weeks, driving prices higher after a brief pullback to the $68,000 support zone earlier in […]
Bitcoin’ weekend surge may signal an imminent market correction ahead. Bitcoin’s rapid $2,000 rise on Nov. 10 could soon reverse, say analysts. The recent low liquidity weekend rally saw BTC/USD gain nearly 3%, a trend that typically leads to pullbacks. Market commentator WhalePanda noted that price increases during low-liquidity weekends usually “fully retrace.” #Bitcoin Huge […]
Bitcoin could be on the brink of a rally similar to those observed in prior election years, driven by solid fundamentals and a pattern aligned with previous U.S. presidential elections. Despite cautious market sentiment following the recent U.S. elections, CryptoQuant analysts highlight that Bitcoin remains fairly valued, not overvalued, presenting an opportunity for potential gains. […]
In a groundbreaking development for the cryptocurrency market, BlackRock’s Bitcoin ETF (IBIT) has achieved a remarkable milestone, surpassing its gold ETF counterpart with net assets reaching $33.17 billion. The Bitcoin ETF’s exceptional performance marks a significant shift in institutional investment preferences, particularly following recent market-moving events. Breaking Down BlackRock’s Bitcoin ETF Success The IBIT fund, […]
Bitcoin hit a remarkable milestone today, climbing close to $77,000 as markets responded to Donald Trump’s victory in the US presidential election. The leading cryptocurrency saw a 9% increase, marking one of its strongest daily performances in 2024. The rally comes as Trump’s proposed policies signal a more welcoming environment for cryptocurrencies. A key factor […]
Trump has won the US presidency once again, securing key swing states and surpassing the required 270 electoral votes. Despite a campaign marked by two assassination attempts, he will become only the second Republican in two decades to secure a second term, while his opponent, Kamala Harris, concluded with 224 electoral votes. A vocal supporter […]
