Bitcoin Price Dips Again: Is The Momentum Shifting?
Bitcoin price started another decline and traded below the $98,000 support. BTC dipped toward the $95,000 level and is currently correcting losses. Bitcoin started a fresh decline below the $98,000 support zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…
Ethereum Finally Set For A New All-Time High? Here’s What Analysts Say
Ethereum (ETH) continues to hover around the critical $4,000 resistance level, a price point many believe could determine the cryptocurrency’s next major move. However, a strong weekly close has sparked optimism among analysts, suggesting that ETH could be on track to reach a new all-time high (ATH) soon. Ethereum Heading To New ATH? Experts Weigh…
Five Weeks, Five Purchases: MicroStrategy Invests Another $2.1 Billion In Bitcoin
MicroStrategy, the business intelligence firm helmed by co-founder and Chairman Michael Saylor, has made headlines yet again with the announcement of a $2.1 billion Bitcoin (BTC) acquisition. Interestingly, this is the fifth consecutive Monday that the Tysons Corner, Virginia-based corporation has announced major acquisitions of the market’s leading crypto, demonstrating confidence in BTC’s prospects and…
Is Bitcoin Entering a New Phase? Analysts Break Down Key Trends
So far, the Bitcoin market continues to demonstrate resilience as it maintains its price above the $90,000 price market despite various factors influencing its price movements. Amid this, a CryptoQuant analyst, aytekin466, recently shared insights into whether the cryptocurrency could face another significant price correction. Are Major Corrections a Thing of the Past? aytekin disclosed…
Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit
On-chain data shows that long-term Bitcoin holders have been selling recently as their profits have ballooned to notable levels after the price surge. Bitcoin Long-Term Holders Have Been In Huge Profits Recently As CryptoQuant community analyst Maartunn explained in a new long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their…
Bitcoin Price At Crossroads: Will It Stabilize and Surge Again?
Bitcoin price recovered losses and climbed above $95,000. BTC is now consolidating and facing hurdles near the $101,250 resistance zone. Bitcoin started a fresh increase after it dropped toward the $90,000 zone. The price is trading below $100,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support…
Bitcoin Traders Retain High Leverage Amidst Decline In Funding Rates – Details
After hitting the $100,000 milestone, Bitcoin suffered a sudden price crash on Friday resulting in an estimated price loss of 7%. During this decline, the asset’s perpetual funding rates in the derivative markets took a hit. However, traders may yet retain enough leverage to strongly influence price volatility. Bitcoin Short-Term Outlook Uncertain Due To Heightened…
US Spot Bitcoin ETFs Flip Nakamoto To Become Largest BTC Holder, Here’s How Much They’ve Bought
US Spot Bitcoin ETFs have significantly transformed both Bitcoin and the broader crypto industry. These ETFs have seen their value and holdings grow massively since their launch in January 2024, breaking multiple ETF records in traditional finance. As it stands, US Spot Bitcoin ETFs have now surpassed BTC’s elusive creator, Satoshi Nakamoto, as the largest…
Countdown To $5 XRP: Engineer Predicts Milestone On ‘Strong Fundamentals’
After hitting a high of $2.82 last December 3rd, Ripple’s XRP has suffered a minor correction and is now trading between $2.25 and $2.50, CoinMarketCap data shows. Last December 1st, XRP briefly went below $2.00 and has consolidated above this level for days. Like most digital assets in recent days, XRP is undergoing extreme market…
Bitcoin Miners Move 85,503 BTC, Price Unaffected – Here’s Why
From attaining a six-figure market price to a sudden market crash, Bitcoin has remained the major headliner in the crypto market over the past week. Among these rapid developments on the largest digital asset, blockchain analytics company Santiment has observed a massive decline in mining balance. Bitcoin Miners Offload 85,503 BTC In 48 Hours On…