Tag Archives: Bitcoin News

Bitcoin Sets New ATH, But This Metric Says No Overheating Yet

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The Bitcoin Network Value to Transactions (NVT) Golden Cross could indicate that the asset isn’t overheated yet, despite its price marching to a new all-time high (ATH). Bitcoin NVT Golden Cross Still Outside Of Overbought Zone In a CryptoQuant Quicktake NVT Ratio is an on-chain indicator that keeps track of the ratio between the BTC… Continue reading Bitcoin Sets New ATH, But This Metric Says No Overheating Yet→

Binance’s Spot-to-Futures Ratio Hits 1.5-Year Peak as Bitcoin Reclaims $109K

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Bitcoin continues to show upward momentum as it has now finally reclaimed a critical price mark. As of the latest data, BTC briefly traded above $109,000; however, it has since retraced, now trading at $108,959, marking a 3.5% increase over the past 24 hours. This puts the asset less than 1% away from its all-time… Continue reading Binance’s Spot-to-Futures Ratio Hits 1.5-Year Peak as Bitcoin Reclaims $109K→

Bitcoin Blasts To $111,867 All-Time High—Here’s What’s Driving The Surge

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Bitcoin pierced the $111,000 threshold for the first time in history on May 22, printing an intraday high of $111,867 on Binance, giving the asset a market capitalization of roughly $2.22 trillion, or two-thirds of the entire crypto market. The latest leg of the rally is being propelled by a tight confluence of catalysts that… Continue reading Bitcoin Blasts To $111,867 All-Time High—Here’s What’s Driving The Surge→

Bitcoin Top Indicator Says It’s Not Over Yet As Parabola Signals Fail

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Despite parabolic rally. The analyst cited historically reliable top indicators that suggest that the market has not reached its top yet, even as parabolic signals fail to trigger a surge.  No Sign Of A Bitcoin Cycle Top — Yet In a recent cycle top” zone — a region that has consistently coincided with major market… Continue reading Bitcoin Top Indicator Says It’s Not Over Yet As Parabola Signals Fail→

Bitcoin Shows Elevated Unrealized Profits Without Signs Of Panic Selling – New ATH Soon?

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Having surged about 22.5% over the past 30 days, Bitcoin (BTC) has sparked concerns in the crypto market that its rally may be nearing exhaustion, with a potential price correction on the horizon. However, the latest on-chain data reveals that despite elevated unrealized profits, there are still no signs of increased selling pressure for the… Continue reading Bitcoin Shows Elevated Unrealized Profits Without Signs Of Panic Selling – New ATH Soon?→

Bitcoin Goes Corporate In Indonesia With $100 Million Treasury Shift

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Shares in Indonesian fintech firm DigiAsia Corp jumped sharply on May 19 after it revealed plans to put Bitcoin at the center of its future. The company wants to raise $100 million to start building a BTC reserve, and it says half of its net profits will go toward buying more. The announcement got a… Continue reading Bitcoin Goes Corporate In Indonesia With $100 Million Treasury Shift→

Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns

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Bitcoin spent the European trading hours changing hands near $103,000 after Sunday night’s failed attempt to clear $107,100. The pull-back has done little to dent the conviction of market technician Dr Cat (@DoctorCatX), who argues that the decisive battleground is still three weeks away: the weekly close of 9 June, when the Tenkan-sen is projected… Continue reading Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns→

Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum

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Bitcoin has resumed its upward trajectory in the early hours of Monday, briefly surpassing the $106,000 mark before encountering resistance and experiencing a minor pullback. As of the time of writing, Bitcoin is trading at $104,153, representing a 1% decline over the past 24 hours. Despite this dip, the asset remains in a strong position… Continue reading Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum→

This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says

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The on-chain analytics firm Glassnode has explained how the Bitcoin investor Cost Basis Distribution could highlight this level as an important one. A Notable Amount Of Bitcoin Has Cost Basis At $106,600 In a new Cost Basis Distribution” (CBD) here refers to an on-chain indicator that tells us about how much of the asset’s supply… Continue reading This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says→

Bitcoin Market Update: Spot Demand Climbs As Short-Term Profits Lose Steam

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Bitcoin (BTC) continues to show signs of strength despite experiencing a minor pullback in its most recent trading session. After briefly reaching a 24-hour high of $106,518, the asset retraced slightly and now trades at $104,820, reflecting a modest 0.5% decrease over the past day. Still, the cryptocurrency remains just 3.8% below its all-time high… Continue reading Bitcoin Market Update: Spot Demand Climbs As Short-Term Profits Lose Steam→