Tag Archives: btc

Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low — What’s Next?

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The price of Bitcoin put in another interesting performance over the past week, as the global uncertainty continued in the broader financial markets. However, the $74,000 resistance level proved to be unyielding yet again, as the premier cryptocurrency made a fresh play for it as the weekend approached. The investor sentiment in the Bitcoin market… Continue reading Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low — What’s Next?→

Bitcoin Miners’ AI Shift May Create New Overhang, Lekker Capital CIO Warns

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Lekker Capital CIO Quinn Thompson argues on X that collapsing mining economics, combined with a growing shift by public miners toward AI and high-performance compute, could turn corporate BTC treasuries into a fresh source of market supply. “A large underappreciated headwind for Bitcoin is the disaster that which is mining economics. The only way this… Continue reading Bitcoin Miners’ AI Shift May Create New Overhang, Lekker Capital CIO Warns→

Bitcoin Climbs Back To $73,000 As Short Squeeze Wipes Out $246M In Futures Bets

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More than $246 million in crypto futures positions were wiped out in a single day as Bitcoin reversed sharply on Thursday, punishing traders who had bet against the market. The leading cryptocurrency climbed back to around $73,300 — a gain of roughly 4.5% over 24 hours — after a stretch of selling had dragged prices… Continue reading Bitcoin Climbs Back To $73,000 As Short Squeeze Wipes Out $246M In Futures Bets→

Bitcoin Fails To Break $74,000 Resistance: Analyst Predicts ‘Structural Bottom’ Yet to Form

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Bitcoin (BTC) made a notable recovery on Friday, witnessing a 4% surge that led the leading cryptocurrency to retest the critical $74,000 resistance level, which has remained unbroken for the past month.  However, even with this upward movement, the cryptocurrency has retraced to approximately $72,215, establishing itself at the upper boundary of its ongoing consolidation… Continue reading Bitcoin Fails To Break $74,000 Resistance: Analyst Predicts ‘Structural Bottom’ Yet to Form→

Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows

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On-chain analytics firm Glassnode has highlighted how Bitcoin has only seen a relatively thin accumulation band form during the recent consolidation range. Bitcoin STH CBD Shows Accumulation Remains Thin In a new Cost Basis Distribution (CBD) of the short-term holders. The CBD here refers to an indicator that tells us about the amount of supply… Continue reading Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows→

Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts

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Wall Street’s biggest gold fund saw something unusual recently — a single-day outflow of $3 billion from SPDR Gold Shares, a number that dwarfed any comparable daily exit over the prior two years by more than 200%. The $3 billion single-day outflow from SPDR Gold Shares — a US gold-backed ETF trading under the ticker… Continue reading Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts→

Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why

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Bitcoin and crypto exchanges built much of the cryptocurrency industry’s reputation by challenging traditional finance. However, as major Wall Street institutions deepen their involvement in crypto services, the structure of the market could begin to change in ways that place pressure on both exchanges and the broader ecosystem surrounding Bitcoin. Why Bitcoin And Crypto Exchanges… Continue reading Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why→

Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

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As Bitcoin (BTC) seeks to solidify its position around $71,000, the cryptocurrency faces a challenge from the $74,000 resistance level that has so far prevented a decisive breakout.  However, recent insights from Bloomberg indicate that a collection of indicators, historically associated with the conclusion of downward trends, suggest the current sell-off may be reaching its… Continue reading Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg→

Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How

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A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets.  Bitcoin Will Have Its Turn Very Soon One market participant… Continue reading Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How→

Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

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The institutional access to Ethereum continues to expand as traditional finance deepens its involvement in digital asset markets. A new development drawing attention is the launch of BlackRock’s ETHB, which introduces another potential channel for capital to flow into the ETH ecosystem. This product provides investors with regulated exposure to ETH through familiar market infrastructure.… Continue reading Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading→