Bitcoin is on the cusp of entering price discovery, contingent on breaching the critical resistance at its previous all-time high of $69,000, according to crypto analysts. Bitcoin (BTC) hit its peak of around $69,000 during the 2021 … Traders say Bitcoin price fights ‘last resistance’ at $69K before new all-time highsRead more
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Research – Bitcoin ‘diamond hands’ cut selling by nearly 50% at $73.8K
Bitcoin (BTC) “diamond hands” are not acting like BTC price action peaked at its $73,800 all-time highs. In new research on May 28, on-chain analytics firm Glassnode showed that selling pressure from older coins is … Research – Bitcoin ‘diamond hands’ cut selling by nearly 50% at $73.8KRead more
Spot Ethereum ETF approval 'may be better for Bitcoin' — Michael Saylor
MicroStrategy founder Michael Saylor has changed his tone on spot Ether (ETH) exchange-traded funds (ETFs), arguing that the recent nod from the United States regulator is only good news for Bitcoin (BTC) as well. “Is … Spot Ethereum ETF approval 'may be better for Bitcoin' — Michael SaylorRead more
Bitcoin Price Prediction as BTC Tumbles After ETH ETF Approval – Here’s the Next Level to Watch
Bitcoin Price Prediction As Bitcoin tumbles following the SEC’s approval of ether ETFs, market analysts are closely monitoring the next key levels. Bitcoin’s price prediction indicates a potential bullish trend, with BTC/USD currently trading at … Bitcoin Price Prediction as BTC Tumbles After ETH ETF Approval – Here’s the Next Level to WatchRead more
3 tips for protecting Bitcoin profits amid Ethereum ETF mania
Cryptocurrency’s leading act has been knocked off the top spot. The much-hyped launch of exchange-traded funds (ETFs) for Ethereum in the United States has sent Ether (ETH) soaring more than 20% since May 20. Bitcoin’s … 3 tips for protecting Bitcoin profits amid Ethereum ETF maniaRead more
Strong Bitcoin ETF inflows boost BTC stability, says Bitfinex
A bullish sentiment surrounding Bitcoin investments is emerging, fueled by increasing inflows into spot BTC exchange-traded funds (ETFs) and favorable trading conditions. Bitfinex researchers believe that Bitcoin (BTC) has established a bottom price of around … Strong Bitcoin ETF inflows boost BTC stability, says BitfinexRead more
Bitcoin derivatives hint at potential rally above $73K — New all-time highs next
Bitcoin (BTC) has experienced a significant surge, gaining 8.5% within 24 hours to reach $71,926 on May 21. This move places Bitcoin just 2.5% shy of its all-time high. Moreover, BTC derivatives are showing favorable … Bitcoin derivatives hint at potential rally above $73K — New all-time highs nextRead more
Dogecoin Price Prediction as DOGE Drops to $0.15 Level – Here is the Next Target
Dogecoin (DOGE) is currently trading at $0.1522, down 1.77% in the last 24 hours, with a 24-hour trading volume of $819 million. Ranking #9 on CoinMarketCap, Dogecoin has a market cap of $22 billion and … Dogecoin Price Prediction as DOGE Drops to $0.15 Level – Here is the Next TargetRead more
Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report
Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter. Point72, the renowned hedge fund with $34 billion in assets … Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report Read more
Bitcoin Price Prediction: BTC Above $65K Amid $100M Andrew Tate Investment and Supply Lows
Bitcoin is trading just above $65,000, experiencing a 1.25% correction after a recent surge. This upward movement was driven by weaker US CPI data, dovish FOMC sentiment, and a break from a symmetrical triangle pattern. … Bitcoin Price Prediction: BTC Above $65K Amid $100M Andrew Tate Investment and Supply LowsRead more
Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs
One of the largest pension funds in the United States disclosed on Tuesday a $162 million allocation to the nation’s leading Bitcoin spot ETF products launched earlier this year. Per a 13F filing with the … Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFsRead more
Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt Burden
Japanese investment and consulting services company Metaplanet has adopted Bitcoin (BTC) as its strategic treasury reserve asset. The move comes at a time when Japan is facing high debt burden and a volatile national currency … Metaplanet Adopts Bitcoin as Reserve Asset Amid Japan’s Debt BurdenRead more
Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next?
Bitcoin (BTC/USD) recently crossed the $60,000 threshold, only to face new challenges from Federal Reserve sentiment. The cryptocurrency, currently trading around $60,800, experienced a modest drop of about 1.50% over the last day, keeping the … Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next?Read more