Bitcoin’s minor rally on Sunday ended with another rejection that pushed the asset south hard to just over $107,000 minutes ago. Aside from the POTUS’s most recent comments on several highly volatile topics, BTC OG wallets have deposited large amounts to centralized exchanges with the most likely plan to sell them. BTCUSD. Source: TradingView Trump’s […]
The U.S.–China trade alignment and the Federal Reserve’s recent rate cut have eased macroeconomic pressures, creating favorable conditions for risk assets. Yet, Bitcoin’s next move will depend on whether it can confirm a breakout above the 100-day MA or hold the 200-day MA as structural support. Until one side of this equilibrium breaks, the market […]
The presidents of the two most powerful economies in the world met in South Korea earlier today, which resulted in several tariff reductions on China. US President Donald Trump outlined the decisions made after the meeting, including an overall tariff cut from 57% to 47%. Some products, such as fentanyl, were dropped to 10%. BREAKING: […]
The US Federal Reserve did what many anticipated and lowered the key interest rates by 25 bps earlier today. Although such a move is typically regarded as bullish for risk-on assets like crypto, the reality is that the immediate effect has been anything but positive. Even before the FOMC meeting, though, many expected such behavior […]
The past week saw bitcoin (BTC) rise above critical resistance levels following the carnage of weeks ago. The asset’s slow, but steady recovery signals that the market is stabilizing. This leaves analysts guessing which catalyst could drive the next rally. In the latest edition of the Bitfinex Alpha report, market experts predicted that changes in […]
Bitcoin’s rally that started on Sunday, following some promising news on the US-China trade deal front, has only intensified during the Monday morning Asian trading hours as the asset blasted to a two-week peak. Many altcoins have followed suit in an impressive manner, which has harmed over-leveraged short traders. BTCUSD. Source: TradingView Recall that the […]
Bitcoin’s current price movement continues to raise questions about whether the bull cycle is coming to an end. However, accumulation patterns across different cohorts of BTC investors indicate the cycle is in late-stage maturity, not at a definitive end. According to a report from CryptoQuant, on-chain data shows that although bitcoin’s short-term momentum is weakening, […]
2025 is shaping up as a record-breaking year for the movement of long-dormant Bitcoin. New data revealed BTC inactive for seven or more years, showing significant activity. So far this year, 270,000 BTC have been transformed, which is a new all-time high. This figure has already surpassed 2024’s 255,000 BTC and far exceeded 2023’s 59,000 […]
Around 47,000 Bitcoin options contracts will expire on Friday, Oct. 24, and they have a notional value of roughly $5.1 billion. This expiry event is a little larger than last week’s, but there is unlikely to be any impact on spot markets, which have been mostly sideways in the past several days. The US government […]
Bitcoin has been rangebound for the past week, trading around a support and resistance zone at $108,000; however, its next move up could be very soon, say analysts. This year has largely been a “positioning reset for Bitcoin’s market structure in spot and derivatives,” said crypto entrepreneur Joe Consorti on Thursday. He added that there has […]