Tag Archives: bitcoin

Bitcoin Rally Expected: Standard Chartered Eyes New High Of $73,800 Pre-US Election

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Bitcoin has recently shown significant momentum, reaching its highest level since July, briefly touching $67,900 and recovering 7%. This surge follows a dip to $58,900 at the end of last week, further fueling bullish sentiment among investors optimistic about the cryptocurrency’s potential to reach new heights before the end of the year. However, according to… Continue reading Bitcoin Rally Expected: Standard Chartered Eyes New High Of $73,800 Pre-US Election→

Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’

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After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year.  This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls… Continue reading Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’→

Crypto Prices Go Up: A ‘Cautious Bullish’ Outlook Amid Fed Worries And Market Volatility

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A recent report from centralized exchange (CEX) Blofin highlights a cautiously bullish sentiment among crypto investors, even as macroeconomic indicators and global market conditions continue to inject a degree of precaution into the market.  Market Anticipates Limited Fed Rate Cuts According to the firm’s analysis, one significant factor influencing market sentiment is the surprisingly positive… Continue reading Crypto Prices Go Up: A ‘Cautious Bullish’ Outlook Amid Fed Worries And Market Volatility→

Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?

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The Bitcoin price is rising, reaching as high as $66,173 today; the asset appears to have hit a milestone behind the scenes. According to a CryptoQuant analyst, EgyHash, Bitcoin’s open interest—a measure of the total number of outstanding derivative contracts—has reached a new all-time high. This development signals heightened activity in the Bitcoin market and… Continue reading Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?→

Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings

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In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to schedule a series of fixed-income investor meetings… Continue reading Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings→

Bitcoin’s Road To $70,000? Analysts Set Next Targets As BTC Retests Key Levels

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, started the third week of October with a 6% daily surge. BTC’s performance has fueled bullish sentiment among crypto investors and market watchers, who suggest it might be ready to move to $70,000. Bitcoin Reclaims Key Support Levels Bitcoin began the week reclaiming key resistance levels after… Continue reading Bitcoin’s Road To $70,000? Analysts Set Next Targets As BTC Retests Key Levels→

Over $182 Million Wiped Out As Bitcoin Price Breaks $64,000 And Sends Bears To The Gallows

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In a dramatic turn of events, the Bitcoin price has breached the $64,000 threshold again after a 7.7% increase from a low of $59,400 in four days. This sudden price jump has sent shockwaves through the crypto market, with data from Coinglass revealing a significant wave of liquidations following the unexpected rally. Short sellers, who… Continue reading Over $182 Million Wiped Out As Bitcoin Price Breaks $64,000 And Sends Bears To The Gallows→

What’s Behind Bitcoin And Ethereum’s Exchange Exodus? Record-Low Reserves Could Hold The Key

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Crypto investors are not keen on dealing with cryptocurrency trading platforms, which has resulted in the dwindling exchange reserves of Bitcoin and Ethereum. Centralized exchanges on Bitcoin and Ethereum hit a historic low after investors and crypto enthusiasts opted for self-custody solutions for their virtual assets. Staying Away From Cryptocurrency Trading A recent trend showed that… Continue reading What’s Behind Bitcoin And Ethereum’s Exchange Exodus? Record-Low Reserves Could Hold The Key→

Bitcoin Price Restarts Its Climb: Is The Rally Back On?

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Bitcoin price started a fresh increase above the $62,000 resistance zone. BTC is now consolidating and might aim for more upsides above $63,000. Bitcoin is struggling to start a fresh increase above the $63,200 zone. The price is trading above $61,500 and the 100 hourly Simple moving average. There is a short-term declining channel forming… Continue reading Bitcoin Price Restarts Its Climb: Is The Rally Back On?→

Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details

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According to data from SoSoValue, the US-based spot Bitcoin ETFs have recorded over $300 million in net inflows over the past week, representing a return to the market’s positive trajectory after a bearish first week in Q4 2024.  Meanwhile, the Spot Ethereum ETFs still retain a negative performance despite a reduction in net outflows. Spot… Continue reading Spot Bitcoin ETFs Back To Positive Returns With $308 Million Inflows – Details→