“I see more and more evidence of why it will [go to $1 million], and less and less of why it won’t,” opined the chief executive of crypto asset manager Bitwise, Hunter Horsley, on Feb. 17. He posed the question on X of why BTC isn’t going to be widely adopted and hit seven figures […]
Bitcoin’s price has been consolidating in a tight range, giving no indication about whether it’s going to recover or experience a deeper correction. Figuring out whether there is an accumulation or a distribution happening would be key to determining the future direction of the market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On […]
Bitcoin is struggling to regain momentum, with its price action stagnating around the 100-day moving average. The current market structure suggests a pivotal moment, where a bullish rebound remains a strong possibility. Technical Analysis By Shayan The Daily Chart Bitcoin’s price has been consolidating near the crucial 100-day moving average at $96K, with sellers attempting […]
Around 21,300 Bitcoin options contracts will expire on Friday, Feb. 14, and they have a notional value of roughly $2 billion. This week’s expiry event is a little smaller than last week’s, which had very little impact on spot markets, which have lacked luster despite the steady stream of bullish news emerging from the United […]
As bitcoin (BTC) continues to trade a few thousand dollars below $100,000, miners are struggling to run their operations, and as a result, most of them are capitulating. A report by CryptoQuant analyst Darkfost revealed that the Hash Ribbons metric, an indicator that tells the health of the Bitcoin network by tracking hash rate fluctuations, […]
The Bitcoin network seems like a ghost town, with its activities falling to the lowest level in a year. A Bitcoin Network Activity Index from the market analytics platform CryptoQuant hovers around 3,760, the lowest since February 2024, indicating that activity on the leading blockchain has plunged 15% since its November 2024 record high. According […]
The week started on a shaky note for United States financial markets, including the crypto space, after President Donald Trump imposed trade tariffs on imports from Canada, Mexico, and China. Cryptocurrencies bled billions of dollars across all markets, including spot and derivatives. According to a weekly report by the leading crypto derivatives exchange Bybit and […]
Around 26,000 Bitcoin options contracts will expire on Friday, Feb. 7, and they have a notional value of roughly $2.5 billion. This week’s expiry event is about a third of the size of last week’s month-ending mammoth one. Therefore, there is likely to be a minimal influence on spot markets, which have retreated this week. […]
“Feels like a great time to enter BTC!” exclaimed Eric Trump on X on Jan. 6. The post followed a similar one on Feb. 3 when he said it was a “great time to add ETH,” resulting in a double-digit recovery for the asset. However, there was little reaction on spot markets for BTC, which remains […]
Crypto markets have tanked to their lowest levels in 2025 as US President Donald Trump escalated his trade war over the weekend with hefty tariffs on Canada, Mexico, and China. Last week, Federal Reserve chair Jerome Powell said that policymakers didn’t need “to be in a hurry” to cut rates while maintaining them at 4.25% […]