Inflows into digital asset investment products surged to $2.2 billion last week, driven by the excitement surrounding Donald Trump’s inauguration as the 47th President of the United States. This marks the highest weekly inflows of the year, pushing year-to-date (YTD) totals to $2.8 billion. Rising cryptocurrency prices propelled total assets under management (AuM) to a […]
Bitcoin (BTC) experienced extreme volatility as Donald Trump’s inauguration as the 47th US president unfolded. The cryptocurrency plunged from over $107,000 to just under $102,000 within minutes but has since rebounded to $103,000 at the time of writing. The market began the day in turmoil, with BTC briefly dipping below $100,000 due to the Trump […]
BTCUSD (Bitcoin) Pulls Back as Buyers Look to Regain Control BTCUSD buyers are determined to reclaim momentum at the $108,550 key level. Bitcoin recently experienced a slight pullback, dipping to $102,720 after buyers initially pushed the price up to $103,720. Despite this minor decline, buyers remain focused on overcoming the significant resistance at $108,550, a […]
Bitcoin (BTC) may cross $1m, says BitMEX Co-Founder Arthur Hayes. In an Impact Theory interview with Tom Bilyeu, Hayes cited Bitcoin’s fixed quantity of 21 million coins as a major driver of its value. He thinks that as the cryptocurrency becomes more scarce, more investors will get interested in it. Demand is anticipated to add […]
Bitcoin (BTCUSD) Continues with Modest Gains Bitcoin is making modest gains as buyers drive the price upward from $91,000 toward the psychological $100,000 level. This week’s bullish market sentiment indicates a sustained upward trajectory, with buyers displaying resilience after last week’s dip from $102,720. Bitcoin Key Levels Resistance Levels: $100,000, $102,720 Support Levels: $91,000, $95,000 […]
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 […]
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 […]
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, […]
