Category: Bitcoin
-
Bitcoin Spot-Perpetual Price Gap Turns Negative
•
The US Federal Reserve’s public contemplation of cutting interest rates in 2025 has had several negative effects on financial markets. Aside from the 17% Bitcoin price loss, data from the Binance exchange shows that the Bitcoin market has now developed its largest permanent price gap. Bitcoin Permanent Spot Gap Drops…
-
Bitcoin Supply Held By STH Hits Highest Level In 40 Months – Top Signal Or Trend Shift?
•
Bitcoin finds itself at a pivotal juncture as the market navigates increasing uncertainty and skepticism in the coming days. After reaching an all-time high (ATH), the price fell sharply to the $92,000 level, causing sentiment to shift from extremely bullish to cautiously optimistic. This rapid correction has left many traders…
-
Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?
•
Bitcoin has had a rough few days, reaching an all-time high (ATH) last Tuesday before retreating to a sharp 15% correction. This period of extreme volatility has divided investors, with some anticipating a continuation of the uptrend while others are bracing for further downside. The market is closely monitoring Bitcoin’s…
-
Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You
•
This article is also available in Spanish. As of December 21, 2024, the price of Bitcoin is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend characterized by significant price swings over the past seven days, which Bitcoin has…
-
Should You Forget Bitcoin and Buy Solana Instead?
•
the Standard & Poor’s 500 (SNPINDEX: ^GSPC) The market index saw a total return of 25% in 2024. It’s a great year for the stock market, but it can’t hold a candle to the cryptocurrency market. According to CoinMarketCap, the market cap of each cryptocurrency added up to $1.65 trillion…
-
Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin
•
Bitcoin has faced volatile price action over the past few days, reaching an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants. Despite the downturn, Bitcoin remains a focal point for investors, focusing on…
-
No, BlackRock Can’t Change Bitcoin
•
BlackRock recently released a tutorial video Explaining Bitcoin, which I thought was great – it’s amazing to see Bitcoin being discussed on such a huge platform. But, of course, Bitcoin X (Twitter) had it. Collapse On one specific line in the video: “There is no guarantee that the maximum Bitcoin…
-
Crypto And Bitcoin Go Mainstream In 2024: Here Are 5 Major Trends
•
There is no doubt that the cryptocurrency industry will see tremendous growth in 2024, with leading cryptocurrency Bitcoin continuing to lead the market. Data indicates that the overall market value of the cryptocurrency industry has doubled over the past year. While it has been difficult to find a common theme…
-
UAE’s Bitcoin Holdings Soar to $40 Billion As Bull Season Continues
•
the United Arab Emirates (United Arab Emirates) It recently saw its Bitcoin holdings reach $40 billion, marking an important milestone in the country’s cryptocurrency journey. This investment increase is consistent with the global bull market that has reignited interest in digital assets. The implications of this growth are profound as…
-
Bitcoin Demand On The Rise Again — What’s Happening?
•
This week was one of two distinct halvings for Bitcoin’s price, with the flagship cryptocurrency rising to a new all-time high and falling about 13% a few days later. On Friday, December 20, the price of Bitcoin fell to a low of $92,000. This sudden drop in Bitcoin prices came…
-
Bitcoin Market Leverage and Coinbase Premium: What Recent Data Reveals
•
Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
-
Bitcoin Price Suffers From Significant Coinbase Selling Activity – Largest Since October 26th
•
Bitcoin faced a major correction, falling 15% from its all-time high of $108,300. This drop in prices represents a sharp shift in market sentiment, which quickly shifted from very bullish expectations to expectations of uncertainty and caution. With altcoins suffering heavy losses, Bitcoin’s correction has raised concerns about the sustainability…
-
Federal Reserve to Own Bitcoin? Lummis Proposes Change
•
In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming introduced a proposal to give the Federal Reserve the authority to hold Bitcoin as part of the official US reserves. It argues that this approach could improve the country’s long-term financial stability, strengthen the global role of the…
-
Exploring Six On-Chain Indicators to Understand the Bitcoin Market Cycle
•
As Bitcoin makes six-figure territory seem normal and higher prices seem inevitable, analyzing key on-chain data provides valuable insights into the fundamental health of the market. By understanding these metrics, investors can better anticipate price movements and prepare for potential market peaks or even any upcoming bounces. Final price the…
-
Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?
•
This article is also available in Spanish. Bitcoin faced its first major correction since early November, falling 13% from its all-time high of $108,364. This sudden pullback sent shockwaves through the cryptocurrency market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for…
-
We Need In-Kind Redemptions For The Spot Bitcoin ETFs
•
Follow Frank on X. In a recent episode of the Coinage podcast, SEC Commissioner Hester Peirce said she is open to reconsidering in-kind redemptions for bitcoin ETFs. (For those who are not familiar with the term “in-kind redemption,” it refers to the ability to withdraw the Bitcoin you purchased via…
-
We Need In-Kind Redemptions For The Spot Bitcoin ETFs
•
Follow Frank on X. In a recent episode of the Coinage podcast, SEC Commissioner Hester Peirce said she is open to reconsidering in-kind redemptions for bitcoin ETFs. (For those who are not familiar with the term “in-kind redemption,” it refers to the ability to withdraw the Bitcoin you purchased via…
-
We Need In-Kind Redemptions For The Spot Bitcoin ETFs
•
Follow Frank on X. In a recent episode of the Coinage podcast, SEC Commissioner Hester Peirce said she is open to reconsidering in-kind redemptions for bitcoin ETFs. (For those who are not familiar with the term “in-kind redemption,” it refers to the ability to withdraw the Bitcoin you purchased via…
-
Bought Bitcoin at $108,000? Don’t Panic
•
Bitcoin’s price is down more than 10% from its all-time high, and its critics are taking victory laps this week as Bitcoin falls to…$97,000. The price of one bitcoin is still around $100,000. It’s crazy to me to think that the “low” has come back just below this important milestone,…
-
I don’t support a Strategic Bitcoin Reserve, and neither should you
•
Recently, the notion of a Strategic Bitcoin Reserve has begun to animate Bitcoiners. Trump has advocated for holding a stockpile of seized Bitcoins, but certain proposals have gone further. Now, draft legislation like Senator Lummis’ BITCOIN Act proposes that the US government acquire 1m BTC over five years. Among Bitcoin…