Tag Archives: Bitcoin news

Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know

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BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into the Bitcoin ETF space when the US… Continue reading Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know→

Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?

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Crypto analyst Ali Martinez has revealed the bearish sentiment among Binance’s top traders towards Bitcoin. This development suggests that the flagship crypto might soon experience significant downward pressure.  Binance Top Traders Are Shorting BTC Martinez revealed in an X (formerly Twitter) post that 51.41% of the top traders on Binance are shorting Bitcoin. This indicates… Continue reading Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?→

Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery

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Data shows that the sentiment of the Bitcoin market has switched to fear after the retrace. BTC has seen a $58,000 level during the past day. Bitcoin Fear & Greed Index Is Pointing At ‘Fear’ Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among… Continue reading Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery→

Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming

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As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks.  After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18,… Continue reading Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming→

Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?

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Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency.  Bitcoin Accumulation Frenzy Resumes Data from IntoTheBlock has revealed a new accumulation trend amongst Bitcoin investors. According to… Continue reading Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?→

Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

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Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto.  Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)… Continue reading Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why→

3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000

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Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does.  3-Year Cup And Handle Pattern Could… Continue reading 3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000→

Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst

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The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where… Continue reading Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst→

Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst

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Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully… Continue reading Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst→

Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly?

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Data shows that the positive sentiment around Bitcoin has spiked on social media after BTC’s return above $58,000, implying investors may feel FOMO. Bitcoin Positive Vs. Negative Sentiment Ratio Has Spiked Recently According to data from the analytics firm Santiment, the crowd has recently shown a sudden burst of optimism around Bitcoin. The indicator of… Continue reading Bitcoin Sentiment Spikes After Mild Price Jump: Crowd Too Excited Too Quickly?→