Bitcoin’s price staged a notable recovery of around ten grand in the past week or so, surging from a multi-month low of under $81,000 to over $93,000 on Friday, where it was stopped and pushed to around $91,000. On the question of what type of investors might be behind this increase, on-chain data suggests that […]
Bitcoin (BTC) is showing tentative signs of stabilization after a turbulent month, with a massive $8 billion evaporation from futures markets signaling a painful but necessary cleansing of excessive speculation. This dramatic leverage reset, combined with steady accumulation by larger investors, suggests the foundation for a potential recovery is being laid, even as prices tread […]
Around 147,000 Bitcoin options contracts will expire on Friday, Nov. 28, and they have a notional value of roughly $13.4 billion. This expiry event is larger than usual because it is the end of the month, so there may be some impact on spot markets, which have been mostly struggling to recover from this month’s […]
Bitcoin’s recovery from its dump below $81,000 late last week started off well but appears to have stalled over the past 24 hours. Now questions are being asked about whether it truly has bottomed or whether it will fall even further. A Santiment analyst said on Wednesday that social media sentiment has turned notably bearish, with […]
Bitcoin (BTC) ended last week with negative returns amid the broader crypto market’s continued decline. Analysts at the crypto exchange Bitfinex revealed in a weekly report that the record marked the fourth consecutive weekly decline for the leading digital asset. According to Bitfinex, the last time BTC recorded four straight weeks of negative returns was […]
Bitwise Chief Investment Officer Matt Hougan outlined a valuation framework for digital asset treasury companies (DATs) and said that analysis of the sector often misunderstands how these firms should be priced relative to the assets they hold. In a series of posts, Hougan said the core question for valuing any DAT is to consider what […]
Crypto markets have hemorrhaged around a trillion dollars over the past month in the largest panic-induced retail sell-off since the COVID pandemic. However, market analysts remain confident that the bull market will continue, and we have not entered a bear market yet. Analyst ‘Sykodelic’ echoed the sentiment, opining that over the next month, “we are going […]
Bitcoin’s violent slide from around $107,000 on November 11 to lows near $81,000 on November 21 has rattled traders across the market. However, new on-chain data shows this was first and foremost a Bitcoin panic, not an Ethereum meltdown. A Tale of Two Sell-Offs Analysis from XWIN Research Japan shows how the October–November correction split […]
Bitcoin’s price has been on an evident downfall for the past month and a half, losing over 30% in value since its all-time high marked in early October. The bottom, so far, occurred on Friday, when it plunged below $81,000 for the first time since April, and bitcoin has since regained roughly $5,000. However, Ali […]
The spot Bitcoin ETFs in the United States set a new record in terms of trading volume on Friday, which was categorized as “wild but normal” by experts. This came amid turbulent times for the underlying asset, which experienced a substantial price volatility that included a drop toward $80,000 and a subsequent recovery of almost […]