Bitcoin Top Buyers Aren’t Selling: $118,000+ Supply Remains Firm

On-chain data shows Bitcoin investors who purchased near the price top are choosing to hold even after the latest pullback. Bitcoin Cost Basis Distribution Shows Supply Still Firm Above $118,000 In a new Cost Basis Distribution Heatmap of Bitcoin. This indicator tells us about how much of the asset’s supply was purchased at the various… Continue reading Bitcoin Top Buyers Aren’t Selling: $118,000+ Supply Remains Firm

Strategy Expands Bitcoin Holdings With Massive Third-Largest Acquisition

Michael Saylor’s enterprise software company, Strategy (previously MicroStrategy), has made headlines once again with a substantial Bitcoin (BTC) acquisition, pushing its total holdings beyond 600,000 coins.  The company purchased an impressive $2.46 billion worth of Bitcoin over the past week, marking its third-largest purchase by dollar amount since it began acquiring the digital asset five… Continue reading Strategy Expands Bitcoin Holdings With Massive Third-Largest Acquisition

Is Bitcoin’s Price Discovery Rally Over? This Week’s Performance May Hold The Answer

After falling below a crucial support level, Bitcoin (BTC) is attempting to recover some of its lost ground. An analyst suggested that this week’s performance will be decisive for the cryptocurrency’s next trend. Bitcoin Loses Bull Flag Formation Over the weekend, Bitcoin lost its post-breakout range for the first time in three weeks, falling to… Continue reading Is Bitcoin’s Price Discovery Rally Over? This Week’s Performance May Hold The Answer

Crash Incoming? Kiyosaki Warns Of ‘August Curse’ And Reveals His Bitcoin Buy Zone

Robert Kiyosaki is gearing up for what he calls the Bitcoin “August Curse.” He’s watching price moves around the $90,000 mark. If Bitcoin slides below that level, he plans to double his holdings. He already owns about 73 Bitcoins and wants to reach 100 by the end of the year. Kiyosaki Eyes August Dip According… Continue reading Crash Incoming? Kiyosaki Warns Of ‘August Curse’ And Reveals His Bitcoin Buy Zone

Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers

Bitcoin is walking a fine line again. After sliding for six straight trading sessions, the world’s largest cryptocurrency bounced back from a key support level around $114,432. That small rebound is catching attention, but it’s not enough to suggest a strong rally is around the corner. Labor Data Fuels Fed Speculation Recent economic data in… Continue reading Bitcoin Finds Support At $114K, But Rally May Stall Without New Drivers

Bitcoin Investors Selling More Aggressively As Bull Cycle Matures: Risk Appetite Fades?

Bitcoin is currently trading at critical levels after a sharp decline to the $112,000 zone, sparking panic among investors who fear this could mark the beginning of a broader bear market. After weeks of tight consolidation, the sudden drop has triggered concerns of a deeper correction, especially as short-term holders (STH) are forced to either… Continue reading Bitcoin Investors Selling More Aggressively As Bull Cycle Matures: Risk Appetite Fades?

Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact

Bitcoin is trading just above the $112,000 level after breaking down from a consolidation range that held for over two weeks. The sharp decline sparked concerns among investors, particularly among Short-Term Holders (STH), who now face the difficult choice of realizing losses or holding underwater positions. However, top analyst Darkfost shared key insights suggesting that… Continue reading Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact

Pundit Says Ethereum Price Is Headed For $9,000 After This Broadening Wedge Retest

Earlier last week, the Ethereum price was retracing severely, giving up a fraction of the gains garnered from the previous bull rally. Despite this brief show of weakness, a crypto pundit forecasts that the leading altcoin may be on the brink of an explosive rally toward a new all-time high of $9,000. This bullish projection… Continue reading Pundit Says Ethereum Price Is Headed For $9,000 After This Broadening Wedge Retest

Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin

Europe’s top central bank is firm on one thing: banknotes aren’t going anywhere. On Monday, ECB Executive Board member Piero Cipollone vowed that euro coins and bills will remain at the heart of payments, even as Brussels moves ahead with plans for a state-backed digital euro. He warned that without a public digital option, privately… Continue reading Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin

Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers

Bitcoin (BTC) is down 3.6% over the past week, falling from around $119,800 to the $114,500 range at the time of writing. This weakening price action is also reflected in spot Bitcoin exchange-traded funds (ETFs), most notably in BlackRock’s IBIT Bitcoin ETF, which saw over $2.6 billion in outflows on August 1. IBIT Bitcoin ETF… Continue reading Bitcoin ETF Market Flashes Warning: IBIT Outflows Paired With Drop In Tron USDT Transfers