Around 140,000 Bitcoin options contracts will expire on Friday, June 27, and they have a notional value of roughly $15 billion. This event is a big one, being the end of the month and end of the second quarter, so there could be an impact on spot markets. They have been recovering since Monday’s crash, […]
The BTC.com mining pool currently dominates miner flows to Binance, as it now accounts for nearly 98% of all BTC transfers from miners to the exchange. This trend provides critical insight into miner behavior, according to the latest report by CryptoQuant. Bitcoin Miners Show Patience Historically, BTC.com increases its outflows to Binance when Bitcoin’s price […]
Bitcoin briefly dropped below $100,000 during the 12-day conflict involving Israeli and US strikes on Iran, along with retaliatory attacks on Israel and US bases in Qatar. Markets were shaken until US President Donald Trump confirmed that both Israel and Iran had agreed to a ceasefire. This announcement triggered a rebound in global risk sentiment. […]
Spot Bitcoin ETFs have seen almost $1.5 billion in inflows so far this week as institutional investors are driving the markets. In just three trading days, aggregate inflows for US spot BTC funds totalled $1.48 billion, according to Farside Investors. Additionally, there has not been an outflow day since June 6, almost three weeks ago. […]
US President Donald Trump announced a complete ceasefire between Israel and Iran, potentially ending the 12-day war, late on Monday. Trump took to his social media network, Truth Social, to state, “It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE.” Trump on the Israel/Iran […]
Bitcoin has fallen almost 10% from its all-time high and dipped back into five figures briefly during late weekend trading. While institutional demand remains strong, the correction could continue into July if history rhymes, observed analysts. Market analyst Benjamin Cowen said that “Bitcoin would likely start exhibiting some weakness around mid-June as the Q3 weakness […]
Crypto markets took a big dip in late trading on Sunday, with Bitcoin falling below $100,000 for the first time since early May, but it appears to be recovering already. Markets have been highly volatile over the past week amid geopolitical tensions and the US air strike on Iranian nuclear facilities over the weekend. Those […]
This week, the cryptocurrency space recorded a major win in the stablecoin sector despite geopolitical headwinds keeping markets in a risk-off stance. However, bitcoin (BTC) continued to consolidate until Friday before it plummeted due to tensions between Israel and Iran. A weekly report by the world’s largest crypto exchange, Binance, revealed that global markets have […]
Bitcoin’s price has crashed below $100,000 for the first time since May 25th, charting a decline of around 4% in the past 24 hours alone. The cryptocurrency is down 5.5% throughout the last seven days. Source: TradingView The market downturn has also caused a broader selloff amongst altcoins, most of which are deep in the […]
The cryptocurrency markets continue bleeding out, with Bitcoin dropping to as low as $101,000 earlier today. At the time of this writing, BTC recovered slightly and trades above $102,000 but analysts are scraping for answers and looking for the local bottom. Source: TradingView As seen from the 1-hour chart, at least on that time frame, […]