Around 28,000 Bitcoin options contracts will expire on Friday, June 13, and they have a notional value of roughly $3 billion. This event is very similar to last week’s options expiry, so the impact on spot markets is likely to be minimal. They have already tanked by more than 7% over the past 24 hours. […]
With Bitcoin teasing its all-time high over the past couple of days, “retail has gotten bullish,” reported blockchain analytics firm Santiment on June 11. Analysts at the firm reported that there are more than double the number of positive Bitcoin comments versus negative across social media, which is a signal of growing retail interest. This […]
Connecticut has made a bold move to distance itself from government cryptocurrency involvement by unanimously passing House Bill 7082, now known as Public Act No. 25-66. This marks the country’s most expansive state-level prohibition on crypto-related government activity. Connecticut Shuts Door on State-Backed Crypto Projects The new law bars all state and municipal bodies from […]
Bitcoin’s (BTC) rise above $109,000 provided momentum to the stagnant cryptocurrency market. This upward movement was a welcome respite following last week’s Trump-Musk public spat that briefly dragged the top crypto asset close to $100,000. A market expert believes that the current rally “may have more room to run.” Bullish Trend Remains Intact Bitcoin has […]
Bitcoin broke above $107,000 on Monday in a notable respite and kept climbing to $110,500 on Tuesday morning, following last week’s turbulence sparked by the Trump-Musk fallout. The latest on-chain data now suggests that the crypto asset may be preparing for its next upward move, as several key indicators reflect growing bullish sentiment. Bitcoin Demand […]
Last week’s weak PMI reports showed manufacturing activity contracting for a third month in a row and services activity shrinking for the first time in 11 months. Additionally, crypto markets have settled a little following the volatility in the wake of the spat between US President Donald Trump and tech billionaire Elon Musk late last […]
Over the last 48 hours, millions of dollars have been liquidated in the cryptocurrency market due to tensions between U.S. President Donald Trump and billionaire businessman Elon Musk. Their public dispute has caused markets to end the week on a bearish note. However, a weekly report from the cryptocurrency exchange Binance indicates that investors are […]
Around 30,700 Bitcoin options contracts will expire on Friday, June 6, and they have a notional value of roughly $3.2 billion. This week’s event is much smaller than last week’s end-of-month expiry, so the impact on spot markets is likely to be minimal. They have already tanked by $150 billion over the past twelve hours. […]
Bitcoin climbed to a fresh peak in May, but upward momentum slowed as long-term holders began locking in profits. Its price has remained relatively stable this week, fluctuating within a narrow range of $103,000 to $106,000. At the time of writing, the crypto asset trades below $105,000, which represents a minor decline over the past […]
Bitcoin continues to consolidate near its all-time highs. As market participants remain cautious, fresh accumulation activity is stirring among major wallet clusters. In fact, a new wave of whales – wallets holding at least 1,000 BTC with coins aged under six months – has emerged, and these have been accumulating at an unprecedented rate. New […]