Bitcoin, Ether in the Green as Global Easing Cycle Begins
[Mar 25, 2024 12:11 AM] Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
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Bitcoin Price Aims Key Upside Break As Dips Turn Attractive
[Mar 24, 2024 9:12 PM] Bitcoin price is again attempting an upside break above $68,000 resistance zone. BTC could rally if it clears $67,500 and $68,000 in the near term. Bitcoin price started a decent increase above the $65,000 zone. The price is trading below $65,000…
Bitcoin’s Dormant Giants: March Sees Unprecedented Movement of Vintage BTC
[Mar 24, 2024 10:30 AM] In recent times, bitcoin has consistently remained above the $60,000 mark throughout the entire month of March. With its value soaring, many long-standing holders have started to transfer substantial quantities of dormant bitcoins from wallets that…
Bitcoin ETFs Bleed For One Week Straight – Can Price Recover To $73,000?
[Mar 24, 2024 9:30 AM] Last week was rough for Spot Bitcoin ETFs as they failed to attract strong inflows day after day. As a result, these Spot Bitcoin ETFs witnessed consecutive daily outflows every day last week, indicating the bullish sentiment among institutional…
Bitcoin Addresses Add $1.6 Billion In BTC In A Single Day – Price Recovery Soon?
[Mar 24, 2024 4:30 AM] The price performance of Bitcoin over the past week has been a source of concern for the majority of the crypto community. This has pretty much been the case for other cryptocurrencies in the market, with several large-cap tokens reversing their…
STX Brushes Off Sluggish Crypto Market As It Shoots Up By 30%
[Mar 23, 2024 9:00 PM] With a broader slowdown in the broader market, some altcoins continue to push forward with minimal resistance; STX is one of those, with the token up nearly 30% in the weekly timeframe. The market, as of the moment, is up less than a percent. This…
Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower
Ethereum Drops Below The 100-Day Moving Average – What’s Next?
[Mar 23, 2024 8:31 AM] The crypto market is experiencing a pullback after Bitcoin, the leading cryptocurrency, reached a new all-time high. However, Ethereum (ETH) is not left out in this downward move. After setting a new yearly high of $4,094, the price of Ethereum has…
Bitcoin ETF Netflows May Experience Rebound If This Price Is Attained, Analyst Explains
[Mar 23, 2024 1:25 AM] In line with the decline in Bitcoin’s price, the spot Bitcoin ETF market has appeared rather gloomy in recent days. According to data from analytics firm BitMEX Research, these BTC ETFs have recorded a negative netflow for the last four trading…
Bitcoin Long-Term Holders & Price Top: Glassnode Reveals Pattern
[Mar 22, 2024 6:30 PM] The on-chain analytics firm Glassnode has explained that Bitcoin tends to reach a potential top when the long-term holders show this pattern. Bitcoin Long-Term Holders Have Been Ramping Up Distribution In a new report, Glassnode discussed the…
Bernstein Analysts Says Bitcoin Will Reach A New ATH By Year End, Here’s The Target
[Mar 22, 2024 2:00 PM] Analysts at financial services firm Bernstein are increasing their price expectations for Bitcoin. This follows a revised report in which they boosted their year-end target for the flagship crypto token’s price. Bitcoin To Hit $90,000 By The End…
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
[Mar 22, 2024 1:06 PM] The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
Bitcoin Market Cap Hints at Potential Price Surge After Retesting 2021 Highs
[Mar 22, 2024 12:00 PM] A crypto analyst on X is confident that Bitcoin has bottomed and is poised for major gains in the sessions ahead. Interestingly, the bullish outlook hinges on the Bitcoin market cap retesting all-time highs at press time. Will BTC Rally? Market…
Bitcoin Troubles Far From Over As More Carnage Looms, JPMorgan Analysts
[Mar 22, 2024 11:00 AM] Despite optimism about Bitcoin’s future trajectory heading into the Bitcoin Halving, analysts at JPMorgan have raised concerns that things may not go according to everyone’s expectations. They believe that a storm still lies ahead for the flagship…
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
[Mar 22, 2024 10:06 AM] U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.
BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets
[Mar 22, 2024 10:05 AM] Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto.
This Bitcoin Halving May Not Result In Supply Squeeze: Glassnode
[Mar 22, 2024 10:00 AM] Glassnode has suggested that the upcoming Bitcoin halving might not result in a supply squeeze that the market may have anticipated. Bitcoin Halving May Not Carry Same Impact Due To Spot ETFs In a new report, the on-chain analytics firm Glassnode…
BlackRock's Robert Mitchnick: Bitcoin Is "Overwhelmingly" The Number One Priority For Clients
[Mar 22, 2024 9:57 AM] In a fireside chat today at the Bitcoin Investor Day by Reflexivity Research, Robert Mitchnick, the Head of Digital Assets at BlackRock, shared insights into the asset manager's approach to Bitcoin, cryptocurrencies and the future of the crypto…
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
[Mar 22, 2024 8:45 AM] As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value…
El Salvador Doubles Down on Bitcoin
[Mar 22, 2024 8:29 AM] The country is setting a precedent for others to follow, Moonwalker Capital Tatiana Koffman writes.
Bitcoin Spot ETFs See 4 Consecutive Days Of Outflows, Here’s What Happened Last Time
[Mar 22, 2024 8:00 AM] Bitcoin Spot ETF outflows have ramped up this week and has seen the week characterized by price declines throughout the crypto space. These outflows, like before, are being led by the Grayscale Spot ETF as investors believe their fees are too high…
XRP Set For Rapid Rally, Target At $5 In The Short Term
[Mar 22, 2024 6:36 AM] XRP continues to maintain its spot as one of the leading cryptocurrency assets in the crypto market today after witnessing a notable rally starting the day at the $0.64 price mark, putting it in the limelight. Although the price of XRP is still…
First Mover Americas: Fantom’s FTM Outperforms Market Ahead of Upgrade
[Mar 22, 2024 6:19 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Stablecoins Steal The Spotlight: $150 Billion Market Cap, $122 Billion Daily Trades
[Mar 22, 2024 3:20 AM] Stablecoins have recently achieved a significant milestone, surpassing $150 billion in market capitalization, with daily trading volume reaching $122 billion. This achievement marks a notable resurgence and growth in the stablecoin sector, with…
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
[Mar 22, 2024 2:53 AM] The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.
Bitcoin Price Reclaims $66,000 Despite 4-Day ETF Outflow Streak
[Mar 22, 2024 2:15 AM] Despite a continuous four-day streak of net outflows from Bitcoin spot exchange-traded funds (ETFs) totaling $93.85 million, the Bitcoin price has impressively climbed to reclaim the $66,000 mark. According to data from Farside Investors, Grayscale…
Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm
[Mar 21, 2024 11:57 PM] The market might take a breather this weekend, says Singapore's QCP Capital.
Bitcoin Price Rejects $68K, Indicators Signal Fresh Downside To $62K
[Mar 21, 2024 9:03 PM] Bitcoin price failed to recover above the $68,000 resistance zone. BTC is sliding and might decline again toward the $62,000 support zone. Bitcoin price started a decent increase but struggled near the $68,000 zone. The price is trading below…
Beyond Bitcoin ETFs: ‘There Are Other Players Controlling This Market’ – Says Analyst
[Mar 21, 2024 8:00 PM] Recent observations by Eric Balchunas, a senior ETF analyst at Bloomberg, suggest that the movements in Bitcoin’s price are influenced by factors beyond just the flows of spot Bitcoin Exchange Traded Funds (ETFs). According to Balchunas, who…