Bitcoin’s price has risen to slightly below $75,000 today, reaching a level we haven’t seen since March 17th. This nearly 1-month high comes amid renewed hopes of potential de-escalation of the war between the US, Israel, and Iran, as Vice President JD Vance teases progress in the negotiations. We made significant progress in talks with […]
Bitcoin’s derivatives market has reached what Real Vision’s Jamie Coutts is calling a state of “excessive pessimism” after his Derivative Risk Score hit 1. Furthermore, the analyst said BTC’s 7-day moving average funding rate has fallen to the third percentile of all readings made since 2020. But according to him, in the past, similar sustained negative […]
Bitcoin is trading around $71k as global markets enter a cautious holding pattern. Investors are closely watching whether the recently announced US-Iran ceasefire will hold and how its resolution might affect broader risk sentiment. Until there is greater geopolitical clarity, crypto markets appear content to consolidate rather than commit to a directional move. Bitcoin Price […]
US Vice President JD Vance said after the prolonged meeting that both parties have not reached an agreement as Iran chose “not to accept our terms.” Bitcoin’s price reacted with an immediate drop, tanking from the new three-week high of over $73,500 to under $71,500. The cryptocurrency exploded on Tuesday morning when US President Donald […]
Bitcoin has enjoyed a brief respite this week after climbing back up above $72,000. But weak demand and investor exits could push the crypto asset lower. Joao Wedson, founder of Alphractal, flagged an on-chain signal that indicates that the asset may still face one final price decline before establishing a cycle bottom. Final Shakeout His […]
Around 26,700 Bitcoin options contracts will expire on Friday, April 10, with a notional value of roughly $1.9 billion. This event is smaller than usual and very similar to last week’s expiry, so it is unlikely to have any impact on spot markets. Crypto prices have been climbing slowly this week, with around $90 billion […]
The share of Bitcoin (BTC) supply in profit has dropped to around 59%, bringing it close to levels seen during the last bear market. This comes from data shared by analyst Darkfost, who also pointed out that the number of addresses depositing BTC had dropped to a 10-year low. Profit Supply Nears Bear-Market Territory In […]
The American president, Donald Trump, shocked the world yesterday (April 7) when issuing a stark warning that “a whole civilization” will die, and many feared that the conflict in Iran could reach catastrophic dimensions. However, the warring sides agreed to lay down their weapons for a period of two weeks, giving investors huge relief and, […]
Bitcoin remains within a “subdued and low-conviction market environment, with weak spot activity,” reported on-chain analytics provider Glassnode on Wednesday. It added that spot trading volume “remains soft,” noting that with Binance’s 30-day relative volume still sitting below the 1.0 baseline. This highlights a “lack of strong organic demand beneath the recent stabilization in price.” […]
After a few consecutive days of warning shots, the US and Iran reached a two-week cease-fire, which would allow them to negotiate for a permanent peace deal. Financial markets responded immediately to the news, but in opposing ways. While most assets, such as BTC, gold, and stocks, went up, oil, which had rocketed after the […]