For the first time in more than three months, bitcoin (BTC) has reclaimed $100,000, rallying to a level just 3.6% shy of its all-time high (ATH). This surge comes as tariff tensions between China and the United States ease off, and macroeconomic conditions become positive again. According to a report from the crypto exchange Bitfinex, […]
Bitcoin (BTC) continues to flex its dominance as the top digital asset, attracting $867 million in inflows last week alone, according to a fresh CoinShares report published on May 12. This influx led the broader crypto investment products market, which collectively saw $882 million in inflows, marking the fourth consecutive week of gains and lifting […]
Japanese investment firm Metaplanet has added to its Bitcoin reserve with a fresh purchase worth $126.7 million on May 12. The latest move brings the company’s total Bitcoin holdings to 6,796 BTC. Details From The Latest Buy The development was shared by CEO Simon Gerovich on X. He revealed that the firm has bought 1,271 […]
Following a week of anticipation and building hype, the US and China delegates finally met in Geneva, Switzerland, to discuss a potential trade deal. Although the initial statements from both countries are positive in terms of reaching a mutual understanding, the crypto market has reacted with a minor retracement, while Santiment warned investors to exercise […]
Bitcoin’s recent price ascent took the asset to a new multi-month peak of over $104,000 where it faced some resistance and now sits above $103,000. Many altcoins continue to post impressive gains, with ETH standing well above $2,300, while DOGE has soared past $0.21. BTC’s Impressive Week If we roll back the clock to May […]
TL;DR Bitcoin’s recent outflows from exchanges and other vital factors support the case for a push toward a new all-time high. However, the rising RSI suggests the asset may be overbought and vulnerable to a short-term pullback. New Peak on the Way? The price of the leading cryptocurrency has been booming lately, briefly climbing above […]
The broader cryptocurrency market has charted a notable increase over the past hours following an announcement from the US president about a “major trade deal” expected to be announced tomorrow. BTC, ETH, XRP, Altcoins Gain As CryptoPotato reported, Bitcoin’s price is seemingly aimed for the important technical and psychological resistance level at $100,000. The broader cryptocurrency market […]
Bitcoin’s price seems to be on the verge of hitting the coveted $100K level ahead of this weekend’s meeting between representatives of the United States and China. BTC Eyes $100K At the time of this writing, BTC’s price is trading above $99,000, currently sitting in an area of considerable resistance, as seen in the chart […]
New Hampshire has become the first US state to allow its treasury to invest in crypto assets after Governor Kelly Ayotte signed House Bill 302 into law on May 6. “New Hampshire is once again first in the Nation,” she said on X before adding, “Just signed a new law allowing our state to invest […]
Bitcoin prices reached an intraday and five-day high of $97,650 during early trading in Asia on Wednesday, May 7. The move has returned the asset to the same level it reached on May 2, where it hit resistance and retreated back below $94,000. Today’s jump added almost $4,000 to BTC prices in around 12 hours, but […]