With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. Analyzing Bitcoin Long-Term […]
Approximately 19,300 Bitcoin options contracts will expire on Friday, Jan. 10, with a notional value of around $1.8 billion. This week’s expiry event is very similar to last week’s, which did not have any direct impact on spot markets. Bitcoin has been in retreat for the past few days following its latest foray into six-figure […]
Approximately 19,300 Bitcoin options contracts will expire on Friday, Jan. 10, with a notional value of around $1.8 billion. This week’s expiry event is very similar to last week’s, which did not have any direct impact on spot markets. Bitcoin has been in retreat for the past few days following its latest foray into six-figure […]
On Jan. 9, crypto news feed DB News reported that “an official confirmed” the US government has been given the green light to liquidate 69,000 BTC worth around $6.5 billion from Silk Road seizures. An unsourced screenshot read, “A federal judge ruled on Dec. 30 that the DoJ (Department of Justice) can sell 69,370 Bitcoin […]
Bitcoin prices have slumped back into five-figure territory, with the asset hitting an intraday low of $95,164 during early trading in Asia on Wednesday following a fall of almost 6% in 12 hours, according to CoinGecko. On Tuesday, Jan. 7, the asset topped $102,000 after gaining 10% over the past week. However, most of those […]
Bitcoin “has only just started its price discovery phase,” crypto analyst ‘Daan Crypto Trades’ told his 390,000 followers on X on Jan. 7. Price discovery occurs when an asset enters new territory and makes consecutive new all-time highs. At the time of writing, BTC was just 6% away from its Dec. 17 peak price of […]
TL;DR Veteran trader Peter Brandt envisioned a potential 50% BTC correction, with altcoins and meme coins possibly collapsing by 90% and 100%. On the other hand, many analysts foresee BTC reaching $120K – $200K in the following months, with some suggesting the bull market could possibly last until 2026. 50% BTC Correction Incoming? Bitcoin (BTC) […]
Crypto markets held on to gains made late last week over the weekend, and momentum could continue into the following days. There has been a small ‘Santa rally’ for stocks and crypto markets over the first few days of the year, with around $280 billion entering digital asset markets. This week will see the release […]
Bitcoin’s price recovered from the most substantial declines earlier this week that drove it to a monthly low but still struggles to return to six-digit territory. With the weekly close just hours away, here are the potential risks the cryptocurrency faces if it remains under this coveted level. BTC to Close Below $100K? The last […]
For context, Bitcoin returned a yield in average crypto exchange prices of 210% from Nov. 1, 2023, to a historical record high level above $108,000 on Dec. 16, according to data compiled by CoinMarketCap. Compare that to US stocks’ performance over the same time period, and the original and most secure cryptocurrency massively over-indexed for […]