Category Archives: Bitcoin News

CNBC Projects Bitcoin Could Hit $100,000 Before Presidential Inauguration – Details

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Following Donald Trump’s victory in the US presidential election against Vice President Kamala Harris, optimism is surging in the cryptocurrency market. Analysts are now projecting that Bitcoin could reach new heights of $100,000 before the presidential inauguration, which is just over two months away. Trump’s Election Signals Shift Toward Pro-Crypto Policies With Trump’s administration firmly… Continue reading CNBC Projects Bitcoin Could Hit $100,000 Before Presidential Inauguration – Details→

Massive Bitcoin Short Liquidations Send BTC Above ATH – Trump Win Sets A Bullish Environment

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Bitcoin surged to new all-time highs during election night, hitting an impressive $75,300 as market excitement reached a fever pitch. This milestone pushed Bitcoin into price discovery, igniting significant liquidations across trading platforms. Data from CryptoQuant reveals an unprecedented surge in short liquidations, surpassing $100 million within a single one-minute candle, marking a historic moment… Continue reading Massive Bitcoin Short Liquidations Send BTC Above ATH – Trump Win Sets A Bullish Environment→

Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?

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Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin’s current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend. This period, he suggests, may be drawing… Continue reading Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?→

Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside

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Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong demand for the digital asset among investors. Bitcoin ETFs Surpass One Million BTC Milestone According to a chart shared by crypto analyst Ali Martinez on X, the cumulative BTC holdings in Bitcoin ETFs… Continue reading Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside→

Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory

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As the United States braces for the outcome of the closely contested presidential election between former President Donald Trump and Vice President Kamala Harris, Bitcoin (BTC) has experienced a price drop, now hovering around the $68,000 mark.  BTC Faces Key Support Levels Bitcoin has struggled to surpass its all-time high of $73,700, a level achieved… Continue reading Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory→

Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date

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Cartwright, an independent business and specialist pension scheme advisor, urges UK institutional investors to embrace Bitcoin following the nation’s first allocation to a defined benefit (DB) scheme.  Cartwright’s New Allocation Strategy In its announcement, Cartwright, specializing in defined benefit and hybrid pension schemes, emphasized the significance of incorporating Bitcoin into retirement plans.  The firm recently… Continue reading Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date→

Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next?

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Bitcoin, often influenced by long-term holders’ (LTH) decisions, has witnessed significant selling activity among this investor group over the past week. While the reason behind the long-term holders offloading Bitcoin is not certain, the move appears to have impacted BTC, resulting in the recent correction in its price dropping below the $70,000 price mark. Bitcoin’s… Continue reading Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next?→

Bitcoin ETFs’ Hot 7-Day Streak Ends, Record $55 Million In Net Outflows

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The spot Bitcoin ETFs (exchange-traded funds) in the United States have recorded their first net outflow day in the past seven days. This negative single-day performance ended what was another impressive weekly outing for the crypto investment products. Bitcoin ETFs Shine While Ethereum ETFs Continue To Struggle After a strong performance throughout the month of … Continue reading Bitcoin ETFs’ Hot 7-Day Streak Ends, Record $55 Million In Net Outflows→

Bitcoin On-Chain Indicator Signals Panic Selling At Current Levels – Time To HODL?

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Bitcoin is showing resilience, holding firm above the $69,000 mark after a slight pullback from recent local highs at $73,600. Following weeks of bullish momentum and nearing its all-time high, BTC has settled just below the critical $73,794 resistance, a key level that, if surpassed, would push the cryptocurrency into price discovery mode.  According to… Continue reading Bitcoin On-Chain Indicator Signals Panic Selling At Current Levels – Time To HODL?→

Tracking Bitcoin’s Profit Cycles: Could A New Market High Be Near?

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Bitcoin price has seen many cycles over the years, marked by distinct growth phases, peaks, and corrections. To better understand these cycles, a CryptoQuant analyst, using the pseudonym ‘datascope,’ has highlighted the relevance of the UTXO Block Profit/Loss (P/L) Count Ratio Model. This tool offers unique insights into the balance of profitability and losses among… Continue reading Tracking Bitcoin’s Profit Cycles: Could A New Market High Be Near?→