Bitcoin’s latest surge has sparked renewed excitement across the crypto space. As the cryptocurrency hovers near its recently set all-time high, new data suggests changes in Bitcoin holder behavior and a strong potential for further gains throughout the week. Bitcoin Enters “Unprecedented” Bull Phase According to Santiment’s latest tweet, an important on-chain signal supporting this […]
TL;DR BTC’s price has been flying high recently, but one well-known analyst recommended that people seize the opportunity to make some profits. Strong inflows into spot ETFs and negative exchange netflows support the thesis of a further upside, but “Extreme Greed” signals a rising risk of a reversal. The Important Advice Bitcoin (BTC) has taken […]
Around 25,400 Bitcoin options contracts will expire on Friday, May 23, and they have a notional value of roughly $2.8 billion. This week’s event is pretty much identical to last week’s, as derivatives crypto trading has stabilized. Spot markets have seen solid growth with Bitcoin notching a new peak on Thursday above $111,000 for the […]
TL;DR Bitcoin’s price skyrocketed beyond $110,000 for the first time ever, and the community was quick to pull out the big prediction guns and lay out the next impressive targets. Since the tweet below, BTC’s price has risen even further, and its market cap is well beyond $2.2 trillion. Its realized cap has also been […]
TL;DR Do you remember the Bitcoin Lamborghini meme, whose story began well over a decade ago? Well, now you can buy Lambos with just a single BTC instead of the 200+ spent in 2013. At least one community member remembers who found a pretty good one for sale in the US. The Lambo-Bitcoin Story The […]
Bitcoin prices reached an all-time high of almost $112,000 on Thursday, May 22, following a 4% daily gain, according to Coingecko. The asset has now surpassed a peak of $109,500 on Wednesday and is in a new price discovery phase. It has also pushed total crypto market capitalization to $3.6 trillion. However, this remains below […]
Fueled by the wider crypto market uptrend, Tron (TRX) has climbed close to 12% in the last month. After a mild correction, however, the altcoin is trading below $0.28. Despite this, new data suggest that TRX has emerged as one of the most “resilient” crypto assets in a turbulent market, as it maintained proximity to […]
Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s latest report. The rally, which began after the king cryptocurrency dipped to just below $75,000 in early April, has been marked by strong accumulation phases, […]
Following a relatively boring Friday and Saturday, bitcoin’s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000. However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant. BTCUSD. Source: TradingView Recall […]
The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing the success to its Bitcoin treasury strategy. According to the firm’s Q1 Earnings Report, its Bitcoin strategy contributed 88% to its revenue of 877 million Japanese yen ($6 million). Metaplanet’s consistent BTC accumulation has also earned it […]