Tag Archives: btc

Bitcoin’s Base Case: What To Expect Before The Run-Up Above $100,000

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Crypto pundit Crypto Bully has shared his base case for Bitcoin and what to expect before the flagship crypto rallies above $100,000. This comes as BTC continues to struggle to hold above the $70,000 resistance amid escalating tensions in the Middle East.  Analyst Shares Base Case For Bitcoin In an X post, Crypto Bully stated… Continue reading Bitcoin’s Base Case: What To Expect Before The Run-Up Above $100,000→

Strategy’s Bitcoin Bet Now $3.35 Billion In The Red As Saylor Tells Investors To Wait

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Strategy’s stock is trading below the value of its own Bitcoin holdings — an unusual position for a company that has built its entire identity around the cryptocurrency’s rise. A Streak That Keeps Going The Virginia-based firm added 17,994 BTC to its reserves last week, paying roughly $1.28 billion at an average of $70,946 per… Continue reading Strategy’s Bitcoin Bet Now $3.35 Billion In The Red As Saylor Tells Investors To Wait→

Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low — What’s Next?

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The price of Bitcoin put in another interesting performance over the past week, as the global uncertainty continued in the broader financial markets. However, the $74,000 resistance level proved to be unyielding yet again, as the premier cryptocurrency made a fresh play for it as the weekend approached. The investor sentiment in the Bitcoin market… Continue reading Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low — What’s Next?→

Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts

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Wall Street’s biggest gold fund saw something unusual recently — a single-day outflow of $3 billion from SPDR Gold Shares, a number that dwarfed any comparable daily exit over the prior two years by more than 200%. The $3 billion single-day outflow from SPDR Gold Shares — a US gold-backed ETF trading under the ticker… Continue reading Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts→

Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why

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Bitcoin and crypto exchanges built much of the cryptocurrency industry’s reputation by challenging traditional finance. However, as major Wall Street institutions deepen their involvement in crypto services, the structure of the market could begin to change in ways that place pressure on both exchanges and the broader ecosystem surrounding Bitcoin. Why Bitcoin And Crypto Exchanges… Continue reading Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why→

Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

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As Bitcoin (BTC) seeks to solidify its position around $71,000, the cryptocurrency faces a challenge from the $74,000 resistance level that has so far prevented a decisive breakout.  However, recent insights from Bloomberg indicate that a collection of indicators, historically associated with the conclusion of downward trends, suggest the current sell-off may be reaching its… Continue reading Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg→

Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How

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A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets.  Bitcoin Will Have Its Turn Very Soon One market participant… Continue reading Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How→

Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading

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The institutional access to Ethereum continues to expand as traditional finance deepens its involvement in digital asset markets. A new development drawing attention is the launch of BlackRock’s ETHB, which introduces another potential channel for capital to flow into the ETH ecosystem. This product provides investors with regulated exposure to ETH through familiar market infrastructure.… Continue reading Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading→

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode

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On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for a sustained price recovery. Bitcoin STH Supply In Profit Is Currently Under 50% In a new Supply in Profit metric for the Bitcoin short-term holders (STHs). The Supply in Profit measures, as its name suggests,… Continue reading Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode→

Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns

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Bloomberg Intelligence senior commodity strategist Mike McGlone said bitcoin could still fall back toward and potentially below the $10,000 area, arguing that crypto remains trapped in a broader macro unwind tied to deflationary pressure, overstretched risk assets and what he described as excess across the digital-asset complex. Speaking in an reiterated a call he first… Continue reading Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns→