Bitcoin continues to trade with renewed strength, supported by a decisive rebound from demand zones and a confirmed market structure shift. While momentum remains bullish, traders should remain mindful of potential pullbacks into key support zones before continuation higher. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC recently staged a strong […]
Bitcoin’s gradual price recovery over the past week or so saw some resistance at $116,000, and the asset has failed to reclaim that level decisively. Expectedly for a weekend trading, most altcoins are quite sluggish with little to no moves in either direction. However, there are a few exceptions. BTC Keeps Calm at $116K The […]
After a brief hiatus, Ripple’s native token has returned to the top 100 global assets by market cap as its own has jumped to roughly $185 billion. At the same time, bitcoin has lost some ground to silver, and it’s currently in the 8th position. Ripple Is Back CryptoPotato reported back on August 23 that […]
Money is moving back into Bitcoin ETFs at a rapid rate as retailers impatiently drop out of crypto, reported blockchain analytics platform Santiment on Wednesday. They added that ETF inflows ignited spot markets, which followed suit. However, this is usually the other way around as ETFs lag spot market moves. “Previous crypto rallies were boosted […]
Following a phase of consistent flows into spot Ethereum exchange-traded funds (ETFs), investors are taking a break. This cool-off period comes as ether (ETH) hovers about 15% from its recent all-time high (ATH), and BTC remains range-bound between $108,000 and $113,000. Analysts at the cryptocurrency exchange Bitfinex revealed that Ethereum ETFs have just recorded their […]
Tether CEO Paolo Ardoino has publicly addressed and dismissed circulating claims that the firm sold Bitcoin for gold. The controversy erupted on September 6, after YouTuber Clive Thompson suggested that Tether had quietly altered its investment strategy. Citing the company’s statements of assets, Thompson alleged that the firm had sold over $1 billion worth of […]
Bitcoin is stabilizing around $110K after a corrective phase, with price action showing early signs of consolidation. While the market is holding key support zones, momentum remains muted, and sentiment indicators like exchange reserves are pointing to long-term accumulation. By Shayan The Daily Chart On the daily timeframe, BTC has broken below its ascending channel […]
After a gradual increase to over $113,000 yesterday, bitcoin’s price faced immediate selling pressure and was pushed south by a few grand before it settled at around $111,000. Most larger-cap alts have failed to post any significant gains, aside from HYPE, which has jumped to over $47, and ENA, which has risen by 13%. BTC […]
The Trump family-owned American Bitcoin began trading on the Nasdaq under the ticker symbol ‘ABTC’ on Tuesday following the completion of its stock merger with Gryphon Digital Mining. The firm is a Bitcoin accumulation platform focused on building America’s Bitcoin infrastructure backbone, according to the announcement. Shares in the Trump-backed Bitcoin venture surged as much […]
Bitcoin (BTC) has been in a corrective phase for roughly three weeks amid declining demand and rising selling pressure. Although September has historically been a weak month for the digital asset, analysts believe the market could hit its bottom for this downturn as the month progresses. A weekly report by the crypto exchange Bitfinex revealed […]