Category Archives: Bitcoin News

Bitcoin Price Struggling but Short-Term Holders Might Be Setting the Stage for $150K

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Bitcoin has recently displayed signs of upward momentum, trading at $85,215, marking a 2.2% increase in just the past day. Despite this short-term gain, the asset remains down by over 21.2% from its all-time high of $109,000 reached in January. The ongoing price fluctuations have left Bitcoin in a downward trend on a broader time… Continue reading Bitcoin Price Struggling but Short-Term Holders Might Be Setting the Stage for $150K→

Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High

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On-chain data shows the Bitcoin whales have seen their population grow recently, despite the bearish action that the price has been facing. Bitcoin Whales Have Seen Notable Growth In Past Five Weeks According to data from the on-chain analytics firm Santiment, whale-sized Bitcoin wallets have recently climbed to their highest point since December of last… Continue reading Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High→

Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio

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Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC.  This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms… Continue reading Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio→

Will Bitcoin Downtrend Continue? This Metric Suggests Yes

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently showing a trajectory that could suggest a bearish outcome for the BTC price. Bitcoin NVT Golden Cross Is Near Overheated Territory Right Now As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” is an on-chain indicator that keeps track… Continue reading Will Bitcoin Downtrend Continue? This Metric Suggests Yes→

Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K

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Bitcoin (BTC) continues to trade above the $84,000 mark despite a slight decline in momentum this week. After briefly touching higher levels of nearly $90,000, the asset has seen a 3.3% decrease over the past day, bringing its current price to roughly $84,222. While price volatility remains a short-term concern, Bitcoin’s broader trend shows signs… Continue reading Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K→

Bitcoin OTC Desks Are Draining – Supply Squeeze On The Horizon?

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Bitcoin has dropped below the $85,000 level as selling pressure returns across the crypto market. After several days of tight consolidation just under the $88K resistance zone, bearish momentum has regained control, dragging prices lower and signaling the end of a short-lived period of stability. The broader financial landscape remains tense, with trade war fears… Continue reading Bitcoin OTC Desks Are Draining – Supply Squeeze On The Horizon?→

Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead?

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Today is a crucial day in the cryptocurrency market, as more than $14 billion worth of Bitcoin and Ethereum options are due to expire. Such a huge expiration may result in significant price changes and trading volumes. Currently, Bitcoin is trading at around $85,000, down by 3% from earlier this week. Market Reaction To Bitcoin,… Continue reading Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead?→

CEO On Bitcoin: A Big Idea Whose Time Has Finally Come

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Bitcoin is gaining considerable momentum, with the big boss of Bitwise Asset Management having strong faith in the cryptocurrency’s prospects. The time has come for Bitcoin, says Bitwise CEO Hunter Horsley, citing the convergence of several forces behind its rising popularity and worth. This is while digital assets still hold the interest of both institutional… Continue reading CEO On Bitcoin: A Big Idea Whose Time Has Finally Come→

Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So

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According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may be on the verge of a significant price rally. Since February 6, net flow across crypto exchanges has remained negative – a historically bullish signal for the digital asset. Bitcoin To Benefit From Negative Exchange Net Flow The past 24 hours have been… Continue reading Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So→

Are the Bulls Still in Control? Bitcoin Faces Pressure After Massive Long Position Wipeout

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Bitcoin continues to show signs of price consolidation, with its value hovering just below the $87,000 mark. As of today, BTC is trading at approximately $86,990, reflecting a 0.8% decline over the past 24 hours. Despite the slight dip, the broader picture shows that Bitcoin has stabilized above $85,000 for several consecutive sessions, signaling a… Continue reading Are the Bulls Still in Control? Bitcoin Faces Pressure After Massive Long Position Wipeout→