Bitcoin’s prolonged consolidation below $70,000 may be paving the way for a more significant rally, according to a crypto analyst. “The longer it lasts, the heavier the breakout will be,” MN Trading Capital founder …
Bitcoins
- Blockchain Research
US rising war costs further boosts Bitcoin’s financial refuge status
by adminby adminThe United States spent in the first six days of its war with Iran an amount equal to nearly half the current market value of the Bitcoin held by the federal government. The administration …
After dipping over the weekend as the U.S. began strikes against Iran, bitcoin BTC$69,093.87 shot higher on Monday, at one point nearing $70,000 before pulling back to the current $69,000. While any rally in …
Bitcoin climbed back above $93,000 on Monday after the latest US inflation data showed price pressures remain under control. The move suggests risk appetite is returning after weeks of ETF-driven selling. The Consumer Price …
- Bitcoin & Ethereum
Bitcoin’s Weekly Close Signals Imminent Drop Below $84,000 Toward $70,000 Floor
by adminby adminBitcoin Price Weekly Outlook Bitcoin price is looking lethargic heading into this week. Last week saw prices reject once again from the $94,000 resistance level. The bulls were not able to gain any momentum …
- Bitcoin & Ethereum
Are Digital Asset Treasury Stocks Oversold Amid Bitcoin’s Slump?
by adminby adminIn brief DAT stocks have crashed 50-90% from their peaks, compressing their valuations below their crypto holdings’ value. Experts see a divide, with Bitcoin-focused treasuries potentially oversold while multi-asset DATs face greater risk. A …
Crypto market sentiment took a major fall on Tuesday after Bitcoin briefly fell below $106,000 for the first time in over three weeks. The Crypto Fear & Greed Index on Tuesday dropped by half …
UBS CEO Sergio Ermotti said at Davos this week that Bitcoin needs to overcome the quantum computing threat. Ermotti joins a growing chorus of concerned financiers that includes Jefferies’ head of equity strategy Christopher …
$68M Bought, $130M Liquidated: Was Bitcoin’s $94K Spike a Manipulation?
Bitcoin surged from approximately $91,000 to over $94,000 within just two hours in the US trading hours on Tuesday, a move that caught many traders off guard. While some celebrated the sudden rally, others …
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned …