Tag Archives: digital asset

Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy

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Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company’s total reserves to over 10,096 BTC, valued at more than $1 billion at current market prices. Hut 8 Bitcoin Reserves Top $1 Billion The Miami-headquartered cryptocurrency mining firm… Continue reading Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy→

Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report

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In a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the leading cryptocurrency as high as $200,000 by mid-2025. The report also predicts that any price corrections during 2025 are likely to ‘remain mild.’ Bitcoin Pullbacks… Continue reading Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report→

Bitcoin Hits Record High Against Gold: What It Means For BTC Price?

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Amid its historic price action, Bitcoin (BTC) has quietly hit a new all-time high (ATH) against gold. The insight was highlighted by veteran trader Peter Brandt in an X post. Bitcoin Hits New ATH Against Gold: Room For Further Growth? Brandt’s analysis revealed that the BTC-to-gold ratio has reached a new ATH of 32.19 ounces… Continue reading Bitcoin Hits Record High Against Gold: What It Means For BTC Price?→

Bitcoin On Track For $275,000? Analyst Cites Cup And Handle Formation

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Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company’s total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price. Bitcoin May Surge As High As $275,000 According to data from Coinglass, over… Continue reading Bitcoin On Track For $275,000? Analyst Cites Cup And Handle Formation→

Bitcoin Exchange Reserves Plunge To Multi-Year Lows: Will BTC Gain From Supply Crunch?

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According to data from CryptoQuant, Bitcoin (BTC) reserves on cryptocurrency exchanges have dropped to a multi-year low. This decline coincides with the ongoing bull market, which has pushed the digital asset’s price closer to the $100,000 mark. This significant decline could have major implications for the asset’s supply-demand dynamics. Investor Confidence Increasing In Bitcoin? During… Continue reading Bitcoin Exchange Reserves Plunge To Multi-Year Lows: Will BTC Gain From Supply Crunch?→

Ethereum Risk-Reward Ratio Is Now Attractive, Brokerage Firm Explains

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Ethereum (ETH) now offers an attractive risk-reward ratio, according to analysts at research and brokerage firm Bernstein. Despite underperforming compared to other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for most of 2024, Ethereum’s strong fundamentals may set the stage for a potential rally. Why Is Ethereum Struggling? Bernstein Analysts Explain  Ethereum, the… Continue reading Ethereum Risk-Reward Ratio Is Now Attractive, Brokerage Firm Explains→

Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details

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Bitcoin (BTC) appears to be rebounding from its recent pullback after reaching a new all-time high (ATH) of $99,645 on November 22. Despite liquidations exceeding $500 million during the downturn, the event did not trigger the cascading sell-offs seen in previous market cycles. Bitcoin Open Interest Resets: Is $100,000 Next? The flagship cryptocurrency seems ready… Continue reading Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details→

Bitcoin Miner MARA Buys Another 703 BTC, Increases Total Holdings To 34,794 BTC

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Bitcoin mining firm MARA – formerly known as Marathon Digital – has announced the acquisition of an additional 703 BTC. This purchase increases the company’s total cryptocurrency holdings to 34,794 BTC. MARA’s Bitcoin Holdings Surge To 34,794 As CEO Shares Bullish Outlook In an announcement made yesterday on X, MARA, one of the world’s leading… Continue reading Bitcoin Miner MARA Buys Another 703 BTC, Increases Total Holdings To 34,794 BTC→

Bitcoin Sell-Side Pressure Dominated By New Holders, Research Shows

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Bitcoin (BTC) remains resilient, trading close to the $100,000 mark despite a recent correction that led to over $500 million in liquidations, predominantly from long positions. A recent report by Glassnode analyzes the cohorts driving the sell-side pressure during this ongoing bull run. Majority Of Sell-Side Pressure Coming From New Market Entrants According to Glassnode’s… Continue reading Bitcoin Sell-Side Pressure Dominated By New Holders, Research Shows→

Bitcoin Bears In Trouble: $800 Million Set For Liquidation If BTC Reclaims This Price

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Bitcoin (BTC) has been on a tear recently, hitting multiple all-time highs (ATH) levels since Donald Trump emerged victorious in the 2024 US presidential elections. Although the top cryptocurrency has witnessed a slight pullback in the past 24 hours, rebounding to an earlier price level could spell trouble for the bears. Bitcoin Bears Could Be… Continue reading Bitcoin Bears In Trouble: $800 Million Set For Liquidation If BTC Reclaims This Price→