BTCUSD (Bitcoin) Bulls are on the Lookout for Expansion BTCUSD buyers are focusing on recovery after a recent pullback. Bitcoin’s price is preparing for a potential resurgence after sellers drove it down to the $91,690 key level this week. Following a strong start to the year, where buyers pushed the market price above $100,000, the […]
US CPI inflation data is set to take center stage this week, with its potential to shape investor sentiment and drive market volatility for Bitcoin and altcoins. Crypto Market Eyes US CPI Inflation The crypto market is bracing for the release of the US CPI inflation data on Wednesday, January 15. This key economic indicator […]
Recent analysis from CoinShares suggests that establishing a Bitcoin strategic reserve could have a more significant long-term impact on Bitcoin than the successful launch of ETFs. While 2024 witnessed record-breaking ETP inflows of $44.2 billion, institutional adoption remains limited due to professional stigma. US Takes Bold Steps Toward Bitcoin Adoption The United States is exploring […]
Bitcoin dominates headlines today as $1.8 billion worth of Bitcoin options contracts are set to expire, marking a pivotal moment for the crypto market. Approximately 19,300 Bitcoin options contracts will expire on January 10, potentially influencing market dynamics after a week of declining prices. Bitcoin Options Expiry: Key Insights The current tranche of Bitcoin options […]
Ethereum has emerged as the dominant cryptocurrency in terms of long-term holder ratios, with 74.7% of Ethereum (ETH) addresses now belonging to long-term investors. This surpasses Bitcoin’s (BTC) long-term holder ratio, which currently stands at just over 60%. The shift highlights growing confidence in Ethereum’s future as investors increasingly prioritize holding ETH over BTC. Ethereum […]
The cryptocurrency market faces a significant test as the US Department of Justice (DOJ) prepares to auction $6.5 billion worth of Bitcoin seized from Silk Road. This decision comes after a December 30 court ruling that settled a lengthy ownership dispute over these digital assets. Why This Sale Matters for Bitcoin Investors Recent data from […]
Bitcoin Bulls Fight For Recovery Bitcoin is under pressure as sellers push the price toward the $95,340 key level. After a strong offensive move last week, buyers failed to sustain momentum near the $100,000 resistance level, allowing sellers to regain control and drive the market lower. Bitcoin Key Levels Resistance Levels: $100,000, $102,500Support Levels: $93,000, […]
Bitcoin adoption in Hawaii fuels positive outlook. Hawaii’s recent regulatory changes have ignited optimism about Bitcoin’s (BTC/USD) trajectory. The state has removed the requirement for cryptocurrency firms to obtain a money transmitter license, effective July 1, enabling businesses to integrate BTC payments without restrictions. This policy shift has established Hawaii as a center for digital […]
The cryptocurrency market is experiencing unprecedented growth in investment flows, with digital asset investment products attracting massive capital in early 2025. The first week of January has already seen $585 million in crypto inflows, building on 2024’s record-breaking performance of $44.2 billion in total inflows. Recent Crypto Inflows Break Records U.S. spot Bitcoin and Ethereum […]
