Analysts are keenly watching money supply expansion as a key indicator for Bitcoin and crypto markets, with the notion that when central banks print more money, it eventually flows into high-risk assets such as crypto. Bitcoin markets are lining up with the 100-day offset of the M2 money supply, observed crypto YouTuber Lark Davis on […]
Two Bitcoin (BTC) wallets that had been untouched for over 14 years suddenly moved their entire holdings of 20,000 BTC, worth around $2.18 billion, in a pair of rare transactions late Thursday. On-chain data shared by Lookonchain shows that each wallet shifted 10,000 BTC within half an hour of each other, as they surprised market […]
Binance’s net taker volume surged past $100 million just ahead of the latest US Nonfarm Payrolls (NFP) report. Such a trend points to aggressive buying as traders position for a key macroeconomic catalyst. Binance Sees Aggressive Buy Orders In its latest analysis, CryptoQuant revealed thaft this spike reflects large market buy orders on Binance, indicating […]
Apart from the substantial inventory in the leading cryptocurrency, the document also shows that the company purchased $30M in USDC, which it intends to use for future Bitcoin buys. The market expects this to be yet another highly anticipated IPO for 2025, after a failed acquisition by Adobe a few years ago. Cloud-Based Platform With […]
Kiyosaki has always been a prominent bull for Bitcoin, and his most recent statements reinforce this thesis. He’s reminiscing as to why he did not accumulate more of the coin when the price was lower. Is Bitcoin Expensive Today? This is the question with which the prominent advisor started his most recent post on the […]
US stock markets surged last week, with major indexes approaching all-time highs on the easing of tensions in the Middle East and rising hopes for a Federal Reserve rate cut later this year. Crypto markets were a little slower to react, remaining mostly flat over the past week and into the weekend. The Fed’s preferred […]
With a $129 billion market cap to Bitcoin’s $2.1 trillion, XRP is about 6% the leading crypto’s weight by capitalization. By comparison, Ethereum held around 14% of Bitcoin’s market cap in June. The most bullish Ethereum and Ripple investors both see the potential in the ETH and XRP platforms to be as disruptive as Bitcoin […]
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. […]