Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving… Continue reading Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?

Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run.  The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was… Continue reading Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. Particularly, the positive outlook seems to be positive among… Continue reading Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?

Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the same can’t be said for most short-term holders yet, given the levels at which they purchased their Bitcoin holdings.  Only 0.03% Of Long-term Bitcoin Holder Supply In Loss In a recent market report, on-chain analytics platform Glassnode claimed that… Continue reading Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?

Beyond BTC: Crypto Miners Get Brainy, Embrace AI After Block Reward Whacking

The winds of change are blowing through the crypto mining industry. The highly anticipated halving event in April 2024, which sliced block rewards in half, has sent shockwaves through the ecosystem. Daily revenue for miners has plummeted by over 70% since the halving, forcing them to scramble for new avenues to secure their bottom line.… Continue reading Beyond BTC: Crypto Miners Get Brainy, Embrace AI After Block Reward Whacking

Is The Bitcoin Price Manipulated? Experts Explain ‘Small’ Impact Of ETF Inflows

The US spot Bitcoin Exchange-Traded Funds (ETFs) have been witnessing a historic run of inflows, marking 17 consecutive days of net additions. On a particularly notable Tuesday, these ETFs observed inflows totaling a staggering $886.6 million, ranking it as the second-highest single-day influx since their introduction. This was followed by another significant day of inflows… Continue reading Is The Bitcoin Price Manipulated? Experts Explain ‘Small’ Impact Of ETF Inflows

Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust

Despite the relative tepid movement in the crypto market since Bitcoin hit a new all-time high (ATH) in March, Bitcoin, Ethereum, and Solana have continued to top traditional assets, including Gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now.  Bitcoin, Ethereum, And… Continue reading Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust

Bitcoin Price Soars Past $71,000: Here’s Why

Bitcoin has surged 2.9% in the last 24 hours, reaching a high of $71,166 on Binance today, marking the highest price since May 21. This rally appears to be primarily fueled by robust inflows into US spot Bitcoin ETFs, with the sector experiencing its 16th consecutive day of net inflows. Why Is The Bitcoin Price… Continue reading Bitcoin Price Soars Past $71,000: Here’s Why

Banks Bust, Bitcoin Booms: Price Skyrockets 40% During US Banking Crisis

Bitcoin, the enigmatic digital currency, is back in the spotlight as the US banking system grapples with mounting stress. While some predict a stratospheric rise to $1 million per coin, fueled by economic woes, others remain skeptical. Banking On Bitcoin’s Rise? Bitcoin advocates see it as a beacon of stability in a storm. Unlike traditional… Continue reading Banks Bust, Bitcoin Booms: Price Skyrockets 40% During US Banking Crisis

Crypto Pundit Shares “Inevitable” Prices For Bitcoin And 5 Altcoins

With the crypto market expected to enter a bull run later this year, and Bitcoin, alongside altcoins, are already expected to be responding to it. As crypto investors eagerly await this bull run, a crypto analyst has revealed where they expect the prices of six cryptocurrencies to reach. Bitcoin And Altcoins Set To Move As… Continue reading Crypto Pundit Shares “Inevitable” Prices For Bitcoin And 5 Altcoins