Tag Archives: crypto

Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers

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Bitcoin is walking a fine line again. After sliding for six straight trading sessions, the world’s largest cryptocurrency bounced back from a key support level around $114,432. That small rebound is catching attention, but it’s not enough to suggest a strong rally is around the corner. Labor Data Fuels Fed Speculation Recent economic data in… Continue reading Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers→

Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin

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Europe’s top central bank is firm on one thing: banknotes aren’t going anywhere. On Monday, ECB Executive Board member Piero Cipollone vowed that euro coins and bills will remain at the heart of payments, even as Brussels moves ahead with plans for a state-backed digital euro. He warned that without a public digital option, privately… Continue reading Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin→

Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers

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Bitcoin (BTC) is down 3.6% over the past week, falling from around $119,800 to the $114,500 range at the time of writing. This weakening price action is also reflected in spot Bitcoin exchange-traded funds (ETFs), most notably in BlackRock’s IBIT Bitcoin ETF, which saw over $2.6 billion in outflows on August 1. IBIT Bitcoin ETF… Continue reading Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers→

Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details

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Reports have disclosed that spot Bitcoin ETFs experienced a massive institutional withdrawal last Friday, with investors pulling out over $800 million. That outflow ranks as the second-largest one-day exodus in the history of these funds. It wiped out roughly one week’s worth of inflows and pushed cumulative net inflows down to $54 billion. Spot Bitcoin… Continue reading Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details→

Bitcoin Enters Wyckoff Distribution — Time For Altcoins To Shine?

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The Bitcoin market has been showing signs of increasing selling pressure, with its recent price action hinting at an even deeper distribution phase unfolding beneath the surface.  Wyckoff Pattern Reveals Imminent Breakdown In an August 2 post on the social media platform X, crypto analyst Joao Wedson explained how the Bitcoin price may be at… Continue reading Bitcoin Enters Wyckoff Distribution — Time For Altcoins To Shine?→

Bitcoin Set To Hit $189K As Global Liquidity Tops $127T – Analysts

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According to a report by digital asset firm CoinShares, Bitcoin could see a surge of more than 65% from today’s price if it wins just a small slice of major monetary pools. At its current level just above $113,500, that jump would take BTC up to about $189,000. It’s a simple idea with big implications.… Continue reading Bitcoin Set To Hit $189K As Global Liquidity Tops $127T – Analysts→

Slow And Steady: Bitcoin’s Current Rise Feels Different—Study

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Bitcoin’s recent climb has been calm and measured, a sharp contrast to the explosive rallies of the past. It’s trading above its historical growth path, but far from overheating. Long-time holders remain mostly inactive, while the bulk of trading activity is coming from fresh faces in the market. Bitcoin Growth Remains On Track Based on… Continue reading Slow And Steady: Bitcoin’s Current Rise Feels Different—Study→

More Work, Less Reward: Bitcoin Mining Toughens As Price Sinks To $113K

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Bitcoin’s network just got a lot tougher to mine while its price took a hit. According to data from CoinWarz, mining difficulty climbed to a record 127.6 trillion this week. At the same time, Bitcoin fell by 3%, touching an intraday low of $113,005 before edging back to $113,250 by 7:30 pm ET. Mining Difficulty… Continue reading More Work, Less Reward: Bitcoin Mining Toughens As Price Sinks To $113K→

No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst

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Reports have disclosed that XRP community commentator Versan Aljarrah says XRP could gain a link to gold without actually holding bullion. According to Aljarrah, XRP would simply move gold-backed stablecoins across the XRP Ledger. The commentator argues that this role would give XRP a “synthetic connection” to tokenized assets like gold and oil, even though… Continue reading No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst→

Bitcoin From 2009 Awakens—Is The $30-M Move A Warning Sign?

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Five long-dormant Bitcoin wallets sprang back to life on July 31, moving a total of 250 BTC—nearly $30 million at today’s rates. That’s money mined on April 26, 2010, during Bitcoin’s earliest tests. Traders saw the shift and paused, wondering if a massive sell-off was coming after more than 15 years of silence. Early Coins… Continue reading Bitcoin From 2009 Awakens—Is The $30-M Move A Warning Sign?→