CryptoQuant: Bitcoin Traders Pause Leveraged Bets Amid Market Uncertainty

CryptoQuant Bitcoin Traders Pause Leveraged Bets Amid Market Uncertainty

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

US government tops global Bitcoin holdings with assets worth $15 billion

US government tops global Bitcoin holdings with assets worth 15 billion

The US government holds the most Bitcoin among all nations worldwide, with about $14.7 billion worth of BTC. According to Arkham data, the U.S. government holds 212,847 BTC in its treasury wallets, which places it just behind MicroStrategy’s 214,246 BTC, currently valued at $14.8 billion. In addition to Bitcoin, the U.S. has accumulated significant quantities … Read more

Bitcoin eyes $100,000 as ‘W pattern’ signals breakout

Bitcoin eyes 100,000 as 'W pattern' signals breakout

Leading crypto guru CryptoRover shakes up the market with a daring prediction for Bitcoin’s future. Brace yourselves, as this expert foresees a jaw-dropping surge to $100,000 for the popular cryptocurrency. As the market buzzes with speculation, all eyes are on Bitcoin’s chart, which seems to be teasing a breakthrough moment. Spotting the W Pattern CryptoRover, … Read more

Bitcoin is flat, bears pressure increasing, Targeting $60,000

Bitcoin is flat, bears pressure increasing, Targeting 60,000

The world of Bitcoin is currently in the grip of a bearish formation, with bulls struggling to regain control after suffering losses on April 2nd. Despite a promising outlook from a broader perspective, the past week has seen a significant 6% decline, compounded by the sharp drop on April 2nd, leaving sellers with the upper … Read more

Bitcoin Wave: When Will the Next Bull Run Begin?

Bitcoin (BTC) is facing a formidable challenge as it struggles to break through the $70,000 mark, emerging from a recent bearish trend. The token is currently valued at a whopping $70,464 (BTC/USD). Although it has only risen by 0.29% since yesterday, the market is buzzing with anticipation for what’s to come. As Thursday trading kicks … Read more