Finance & Crypto News Website
The crypto market is buzzing with intense anxiety as the monthly close looms ahead. All eyes are on $BTC as it teeters on the edge of a cliff. If it fails to close above $61,000, brace yourselves for a potential avalanche of losses. $BTC Perilous Monthly Close The crypto world is ablaze with a sea … Read more
Bitcoin (BTC) has taken a dip of 5.5% in the past week, currently resting at $62,524 (BTC/USD). The question on everyone’s mind: is this the perfect opportunity for investors to strike gold? As the clock struck Monday morning, the coin took a sharp nosedive, plummeting 1.73% and showing no signs of slowing down. With each … Read more
Amidst the volatile world of cryptocurrency, Tesla stands firm in its commitment to Bitcoin. The company’s latest financial report reveals a whopping $184 million in digital assets, solidifying its position as a major player in the market. With a portfolio of 11,509 bitcoins, valued at an impressive $745 million, Tesla’s bold move has caught the … Read more
As the dust settles after the highly anticipated halving, the world of Bitcoin Runes is buzzing with excitement as a new milestone has been reached. With both onlookers and users eagerly discussing the effects of this groundbreaking change, the future of this digital currency has never been more intriguing. According to a Dune Analytics dashboard, … Read more
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 take a tumble as $217 million flows out of the market on April 25th, leaving investors seeing red. Funds have been at a standstill in the world of ETFs, with five major players failing to see any movement. Among them is BlackRock’s iShares Bitcoin Trust ETF (IBIT), which has been stagnant for two … Read more
The digital currency world has been surprisingly tranquil over the last 24 hours, despite the wild ride of Bitcoin’s value as it hovers near the bottom of a bullish flag formation. Zooming in, the battle between Bitcoin and the US dollar has been fierce, with the former struggling to break through the formidable $67,200 barrier. … Read more
Revolutionizing the financial world, Metaplanet Inc. has taken a bold step towards embracing the future of currency by investing a whopping ¥1 billion ($6.25 million) in Bitcoin. Following in the footsteps of industry leader MicroStrategy, Metaplanet’s decision has sent shockwaves through the market and sparked excitement among investors. This strategic move by the Japanese powerhouse … Read more
Bitcoin’s Funding Rate Plummets to Record Low, Signaling Potential Market Shift According to CryptoQuant’s data, the perpetual futures market is experiencing a concerning trend – traders are paying a negative rate to open new long positions. This highlights a decrease in demand for Bitcoin, which is a stark contrast to the record-breaking demand seen in … Read more
The world of cryptocurrency was sent into a tailspin as prices plummeted in the last 24 hours, wiping out any progress made following the highly anticipated Bitcoin halving. A staggering $110 billion was wiped from the global market cap, leaving it at a mere $2.36 trillion. Short-Term Jitters The crypto market was shaken as Bitcoin … Read more