Tag Archives: Bitcoin

BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury

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Tom Lee, the market strategist known for his insightful predictions on Bitcoin (BTC) and broader crypto prices, has taken on the role of chairman of the board at BitMine Immersion Technologies, a Bitcoin mining company now setting its sights on becoming the largest publicly traded holder of Ethereum (ETH).  Tom Lee Appointed Chairman At BitMine… Continue reading BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury→

Here’s What Will Happen If The Bitcoin Price Can Manage A Clean Break Above $108,500

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A crypto analyst has forecasted a powerful Wave 3 Bitcoin price rally that could take it toward new all-time highs between $160,000 and $200,000. Notably, this surge is expected to come with rising Bitcoin Dominance (BTC.D) and a delayed altcoin season, particularly if BTC can make a clean break above the $108,500 resistance level.  Bitcoin… Continue reading Here’s What Will Happen If The Bitcoin Price Can Manage A Clean Break Above $108,500→

Ethereum Indecision Masks A Bullish Setup – Here’s Why BTC Holds The Key

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CRYPTOWZRD, in his latest Ethereum‘s indecisive close, suggesting the market is still searching for clear direction. Despite the uncertainty, he remains optimistic, noting that both Bitcoin and BTC dominance are showing strength that could benefit ETH in the near term, with $2,800 marked as the next major resistance. Mixed Signals Across Ethereum Key Timeframes In… Continue reading Ethereum Indecision Masks A Bullish Setup – Here’s Why BTC Holds The Key→

Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance

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Crypto analyst Rekt Capital has warned about a potential crash for the Bitcoin price, after the flagship crypto closed below a critical resistance level. The analyst also highlighted the level that BTC needs to reclaim to invalidate this bearish setup.  Bitcoin Price Risks Crash With Weekly Close Below Resistance In an X post, Rekt Capital… Continue reading Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance→

Bitcoin Network Volume Echoes Mid-2021 ‘Stable Equilibrium’ – Is A Big Move Brewing?

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After rebounding from a local bottom of around $75,000 in April, Bitcoin (BTC) appears to be stuck in the $100,000 to $110,000 range, showing little indication of a clear directional trend. One key data point reflecting this indecision is Bitcoin’s network volume. Bitcoin Network Volume Stuck In Balance Zone According to a recent CryptoQuant Quicktake… Continue reading Bitcoin Network Volume Echoes Mid-2021 ‘Stable Equilibrium’ – Is A Big Move Brewing?→

Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move?

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MicroStrategy has just added another 4,980 Bitcoin to its stash, spending about $531 million at an average of $106,801 per coin. That brings the company’s total haul to 597,325 BTC. At today’s market price, those holdings are worth over $64  billion, compared with the roughly $42.4  billion MicroStrategy (now Strategy) has put in, fees included. According to… Continue reading Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move?→

Bitcoin July Preview: History Says Don’t Trust The Quiet

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Market tactician Daan Crypto Trades (@DaanCrypto) has put a statistical spotlight on Bitcoin’s habit of dozing through June before rewarding – and sometimes punishing – traders in the following quarter. “BTC June has historically been a pretty slow month,” he wrote, noting that the just-ended period was no exception, with spot prices meandering in a… Continue reading Bitcoin July Preview: History Says Don’t Trust The Quiet→

Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next?

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Bitcoin and Ethereum both posted modest gains in the past week, with BTC rising 6.2% and ETH up by 9.6%. However, momentum appears to have paused at the start of the new week. As of Monday, Bitcoin trades just above $107,000 after a slight 0.6% daily dip, while Ethereum has remained flat over the past… Continue reading Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next?→

Bitcoin Market Enters Caution Zone Amid Rising Sell-Side Pressure, Analyst Says

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Although Bitcoin (BTC) has recorded slight gains over the past month – up 3.6% in the last 30 days – the leading cryptocurrency is experiencing a lack of Apparent Demand, indicating broader market weakness that could lead to a price slump in the near term. Bitcoin Apparent Demand Enters Negative Territory According to a recent… Continue reading Bitcoin Market Enters Caution Zone Amid Rising Sell-Side Pressure, Analyst Says→

Analyst Calls For Bitcoin Crash As Price Pulls Above $108,000 — Details

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The past weekend was favorable for Bitcoin as the price was able to rebound from last week’s lows and go on to reclaim $108,000 ahead of the new week. This has boosted market sentiment once again, prompting investors to return to the table. However, as the price continues to sit in the green, one crypto… Continue reading Analyst Calls For Bitcoin Crash As Price Pulls Above $108,000 — Details→