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Bitcoin is under pressure again, holding just above $100,000. Nearly $2 billion has left the crypto market in a week, and the Fear and Greed Index has dropped into critical fear territory. A Coin22 analyst believes that the decline is not…
Tether, the company behind the world's largest stablecoin USDT, has made a new purchase of Bitcoin (BTC). According to on-chain analyst EmberCN, Tether has acquired 961 BTC (worth $97.18 million). Thus, Tether's backup BTC wallet withdrew 961 BTC from Bitfinex. By…
Bloomberg Intelligence strategist Mike McGlone predicted a Bitcoin price drop to $56,000. “In my opinion, the chart shows that the leading cryptocurrency's decline to its 48-month moving average is quite common. It's currently hovering around $56,000 after a prolonged bullish rally…
Cryptocurrency treasury (DAT) firm Strategy has announced the issuance of new euro-denominated perpetual preferred shares to fund its next Bitcoin (BTC) purchases. On October 7, the company announced that its Series A Perpetual Stream Preferred Stock, under the ticker symbol STRE,…
Will Wu said liquidity is returning to the market. This often leads to higher prices in the short term. However, this jump will not be explosive, the expert believes. Bitcoin's price could rise in the next two weeks as liquidity inflows…
Kim Sang-hoon, chairman of the political committee of South Korea's ruling People's Power Party, called on regulators to quickly approve the launch of spot exchange-traded funds (ETFs) linked to Bitcoin. Currently, traders and large companies are positively disposed toward Bitcoin ETFs,…
Spot BTC ETFs saw inflows for the first time in eight days On November 7, the price of the first cryptocurrency fell below the psychological mark of $100,000 – to ~$99,900. Binance BTC/USDT hourly chart. Source: TradingView. Bitcoin has fallen 2.9%…
In an interview with CNBC, Michael Saylor called the last 12 months “the most positive year in the history of the crypto industry.” According to him, Washington is demonstrating a unified stance on crypto assets for the first time: the White…
Main: The digital gold price is facing a huge overhang of sell orders above $105,000. In the short term, a new wave down to $100,000 is possible due to the accumulation of bids at this level. Bitcoin (BTC) prices continued to…
Investors on the open market bought more than 375,000 bitcoins over the past month, specifically 50,000 BTC on November 5, according to experts from the on-chain platform CryptoQuant. According to analysts, the increase in demand may be due to increased activity…
Main: A drop in Bitcoin's MVRV to the 1.8-2.0 range indicates a local bottom, which historically precedes price growth. Selling pressure can clear the market of excess leverage and set the stage for a trend reversal. Bitcoin (BTC) fell 11% from…
Bitcoin (BTC) has traded in a range of $100,000 to $104,400 over the past 24 hours, reflecting increased risk-off sentiment in global markets. XWIN Research reported that the total crypto market capitalization is approximately $3.46 trillion, with BTC dominance at 60%.…