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The cryptocurrency world is buzzing with speculation as renowned trader Peter Brandt casts doubt on the sustainability of Bitcoin’s current bull market. In his thought-provoking analysis titled “Has Bitcoin Reached its Peak? Examining Historical Patterns,” Brandt delves into the patterns and trends of Bitcoin’s past price cycles, raising concerns about diminishing momentum. Diminishing Momentum in … Read more
Bitcoin ETFs See Record Influx of $62.09 Million in a Single Day on April 22nd The cryptocurrency market is buzzing with excitement as the Fidelity Bitcoin Spot ETF (FBTC) takes the lead in capital inflows on April 22, according to the experts at SoSo Value. With a whopping $34.83 million added to its balance sheet, … Read more
Amidst the heated debates, one question remains: does halving truly propel Bitcoin’s rise, or are there other forces at play during this pivotal moment? The highly-anticipated halving event is finally here, promising to shake up the market. Many experts predicted a surge in price, but the reality has been quite different. Instead of soaring to … Read more
From the depths of the conventional and digital markets emerge two contenders, a stock (MSTR) and a cryptocurrency (STX), poised to surpass the reigning champion, bitcoin, during the remainder of this bullish season. Both $STX And $MSTR Could Outperform $BTC Who would have thought that a cryptocurrency and a stock market giant would make such … Read more
The crypto market is buzzing with nerves and a palpable sense of fear as investors brace themselves for potential tit-for-tat strikes between Israel and Iran. As the tension rises, Bitcoin seems to be taking a downward turn, riding the wave of bearish sentiment. But don’t be fooled, because beneath the surface, a bullish bull flag … Read more
Miners first transferred Bitcoins received as rewards for mined blocks on April 23, 2010. In a shocking turn of events, the latest data from Lookonchain has revealed that a mysterious whale has made a jaw-dropping transaction of 50 Bitcoins (BTC) worth a whopping $3.3 million. But that’s not all – the plot thickens as 17 … Read more
Political turmoil in the Middle East ignited a firestorm in the crypto world this weekend, causing a sharp decline in the market. Bitcoin, the flagship cryptocurrency, took a hit and fell below the $60,000 mark. But just as the dust began to settle, Monday brought a glimmer of hope for $BTC as almost half of … Read more
Bitcoin [BTC] takes a wild ride as it plunges 16.67% in just five days, dropping from its peak of $72.8k to a low of $60.6k this past Saturday. While technical analysis shows a bullish outlook in the long term, the market remains on edge as $314 million worth of assets were liquidated in the last … Read more
Saturday proved to be a tumultuous day for the world of cryptocurrency, as Bitcoin (BTC) and its counterparts took a sharp nosedive of nearly 10%. The value of the leading digital asset plummeted below $62,000, sending shockwaves through the market. However, just as quickly as it fell, BTC managed to regain its footing and climb … Read more
Bitcoin ETFs Take a Hit: Investors Pull Out $55 Million in a Single Day on April 12 Bitcoin ETFs ahead of halving Friday saw a major shakeup in the world of cryptocurrency, with a whopping $166 million withdrawn from Grayscale’s GBTC, according to data from SoSo Value. This trend of large outflows from GBTC in … Read more