BTCUSD Analysis – Bitcoin strength diminishes Bitcoin slides as bulls face setbacks. Bitcoin is currently experiencing a setback, stalling around the key level of $84,000 for the past few days. Sellers have gained strength in recent times, putting pressure on buyers and causing the market to oscillate within a defined range. Since the end of […]
Tim Draper envisions a future where fiat money collapses, Bitcoin dominates, and people rush to convert their dollars before they become worthless. Bitcoin to Replace Fiat as the Global Standard Prominent venture capitalist and Bitcoin advocate Tim Draper reaffirmed his unwavering belief in BTC’s future during an interview with Benzinga’s Jason Raznick. Draper predicted that […]
Bitcoin’s Hot Supply Sees Significant Drop Despite ongoing struggles in the cryptocurrency market, there are potential signs that Bitcoin could be gearing up for a recovery. One such indicator is its hot supply, which tracks BTC available for short-term trading. According to on-chain analytics platform Glassnode, Bitcoin’s hot supply, representing BTC aged one week or […]
Whale’s bold strategy signals an imminent BTC bull run. Recently, a prominent Bitcoin whale executed a daring move by opening a $520 million short position on Hyperliquid with 40x leverage. This enormous trade, among the largest on the decentralized exchange, appears to be a calculated tactic rather than a mistake. Several industry experts suggest the […]
Binance Maintains Strong Reserve Ratio Amid Market Speculation Binance has upheld a reserve ratio exceeding 100% for the 29th straight month, even as speculation swirls about a potential sell-off of its Bitcoin holdings. According to blockchain analytics firm CryptoQuant, this sustained reserve level reinforces Binance’s financial stability and transparency. The reserve ratio is a crucial […]
Digital asset investment products are experiencing their worst crypto outflows on record, according to the latest CoinShares report. Meanwhile, US spot Bitcoin ETFs just posted their largest daily inflows in six weeks, suggesting the market might be stabilizing. Crypto Outflows Reach Unprecedented Levels The crypto market has seen five consecutive weeks of outflows, with the […]
Crypto markets are on the verge of a major transformation, with trillions in institutional capital expected to flood the space following a groundbreaking executive order from former U.S. President Donald Trump. This shift could disrupt Bitcoin’s traditional four-year cycle, ushering in a new era of sustained growth and mainstream adoption. Matt Hougan, Chief Investment Officer […]
The cryptocurrency market is experiencing a significant bearish trend, with digital asset investment products recording their fourth consecutive week of crypto outflows. According to the latest CoinShares report, crypto outflows totaled $876 million last week, bringing the cumulative withdrawal over this negative period to a staggering $4.75 billion. Understanding the Recent Crypto Outflows Bitcoin has […]
Bitcoin (BTCUSD) Continues To Decline As Sellers Intensify Pressure Bitcoin faces increased selling pressure as its price continues to decline. The cryptocurrency is currently experiencing a significant downturn, pushing it toward the critical $77,960 key level. Recent market activity has seen buyers lose momentum, leading to a notable retreat from the market. Bitcoin Key Levels […]
