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 […]
Ross Ulbricht, the imprisoned founder of the Silk Road darknet marketplace who was granted clemency by US President Donald Trump earlier this year, received a whopping $31 million Bitcoin donation from an anonymous wallet over the previous weekend. The sizable gift, sent less than five months after Ulbricht’s sentence was commuted, immediately sparked speculation that […]
Bitcoin’s price tumbled below $100,500 yesterday, but the bulls managed to defend that level, not allowing a price slip into five-digit territory. Many altcoins have posted impressive gains over the past 24 hours following yesterday’s correction, led by a substantial pump from SUI. BTC Recovered $5K The business week started on the right foot for […]
Trump Media & Technology Group (TMTG) is planning to raise billions of dollars via a securities offering. Although the firm has not clarified its reason for the fundraising, the company’s actions in the last few weeks raise speculation as to whether a part of the fund will be geared toward more bitcoin (BTC) acquisitions. According […]
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 […]
“Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.” While Bitcoin typically experiences explosive growth […]
As Bitcoin hovers near its May high, new data suggest that there has been a tightening the leading crypto asset’s supply amid surging institutional demand. Sygnum Bank’s June 2025 Monthly Investment Outlook attributes the asset’s positive momentum to its growing appeal as a safe haven and broader institutional adoption, which are now driving a structural […]