Bitcoin reached a record high of almost $112,000 on May 22 and has remained relatively close to that mark ever since, keeping investors on edge for a potential breakout. Despite subdued market activity, the Bitcoin Combined Market Index (BCMI) indicates a shift in sentiment. Accumulation Signals As of May 29, 2025, the 7-day simple moving […]
TL;DR Bitcoin continues to show signs of strength, with indicators pointing toward sustained interest and potential for continued growth. While sentiment is overwhelmingly positive, similar conditions in the past have sometimes preceded sharp corrections, reminding investors to stay vigilant. The Bullish Elements Bitcoin (BTC) made history on May 22 by surging to nearly $112,000 – […]
“This is getting ridiculous,” exclaimed ETF Store President Nate Geraci on X on May 29, following the latest bumper inflow day for BlackRock’s iShares Bitcoin Trust (IBIT). The BlackRock fund saw another large inflow day on May 28 with $481 million entering the ETF. This has culminated in 33 consecutive trading days without an outflow, the […]
El Salvador and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of the country’s 40-month Extended Fund Facility (EFF) arrangement. The agreement is pending approval by the IMF’s Executive Board and is dependent on the implementation of agreed-upon conditions. Progress and Fiscal Reforms According to a joint statement from […]
Bitcoin’s price rallied 50% from the April lows, hitting an all-time high of approximately $112,000 on May 23 amid renewed market momentum. On the backdrop, a key Bitcoin metric has quietly reached a level that has historically preceded major market turning points. While the data suggests widespread unrealized gains among holders, analysts urge restraint. UTXO […]
Donald Trump Jr. sat down with Rumble founder and CEO Chris Pavlovski at the Bitcoin 2025 conference in Las Vegas on May 27 to chat about BTC and changes in the financial system. When asked where he saw Bitcoin in two to five years, Trump Jr. said, “I alluded to it earlier, but we’re going […]
As Bitcoin trades near its recently established ATH, a crucial factor is missing from the surge: widespread retail activity. But the latest data points to early signs of movement. Such a comeback could push the world’s largest cryptocurrency to secure more gains. Early Signs of Retail Interest CryptoQuant’s analysis highlighted a notable disconnect in the […]
Crypto markets have gained almost $100 billion over the past 12 hours, as trade tensions have eased following the latest move from US President Donald Trump. Late on Sunday, May 25, Trump announced that he was extending the deadline for a 50% tariff on the European Union until July 9. He previously said the tariffs […]
After recently hitting a new all-time high, Bitcoin (BTC) has retraced to the $108,000 level. Still, one whale is betting billions that the number one cryptocurrency will defy the chaos caused by U.S. President Donald Trump’s latest tariff bombshell and rocket to $121,000 within days. The $1.25B Gamble High-stakes trader James Wynn, known for his […]
Bitcoin’s price actions took a turn for the worse yesterday after US President Trump recommended a 50% general tariff against the European Union. The altcoins have also bled out on a daily scale, with more than $100 billion leaving the space within this timeframe. BTC Pushed Below $107K In general, it was a very good, […]