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Fed Effect: Biggest Net Outflow Day for Bitcoin ETFs Led to Crash Below $96K

Bitcoin’s price actions in the past few days have been nothing short of a substantial correction that pushed it south by around thirteen grand. It seems Powell’s comments made during the latest FOMC meeting have scared US investors as they pulled over $670 million from the spot Bitcoin ETFs within just a day. Red Record […]

Ohio Follows Pennsylvania, Texas in Pursuing State-Level Bitcoin Reserves

Ohio State Representative Derek Merrin has introduced House Bill 703, known as the Ohio Bitcoin Reserve Act, in a bid to authorize the state treasurer to invest public funds in BTC. The latest initiative is announced as part of Merrin’s broader vision to leverage innovative financial solutions. The legislation provides the framework for Ohio to […]

Bitcoin Stopped at $103K but These Altcoins Post Substantial Losses (Weekend Watch)

Bitcoin’s price went to a new multi-week high of just under $103,000 but was stopped there and pushed south by around a grand. The altcoins have performed a lot worse on a 24-hour scale, resulting in a growing BTC dominance. BTC Dominance Increases Monday and Tuesday saw a few violent price rejections for the primary […]

Bitcoin Price Analysis: BTC Breaks Above $100K, Is $120K Next?

Bitcoin’s price is on the verge of decisively breaking out from the $100K resistance level as investors are getting ready for a potential rally higher. Is a new all-time high on the horizon? Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has consistently been making higher highs and […]

Bitcoin ETFs Hit $50.5B in Cumulative Net Inflows in First Year

Nearly a year since United States-based spot Bitcoin exchange-traded funds (ETFs) were launched in January, the funds have experienced remarkable growth. Inflows into the 12 funds have surpassed 500,000 BTC. Spot Bitcoin ETFs Attract Over 500K BTC In an X post, Vetle Lunde, head of Research at the digital assets research firm K33, stated that […]

Here’s What BTC, DOGE, XRP Whales Did During The Market Correction

TL:DR; The entire cryptocurrency market experienced sharp declines in the past few days before prices recovered, with BTC jumping above $100,000 once again. On-chain data shows that whales holding some of the biggest and most popular crypto assets used this opportunity to stack up. BTC Whales Buying Recall the price events that transpired since the […]

Here’s What BTC, DOGE, XRP Whales Did During The Market Correction

TL:DR; The entire cryptocurrency market experienced sharp declines in the past few days before prices recovered, with BTC jumping above $100,000 once again. On-chain data shows that whales holding some of the biggest and most popular crypto assets used this opportunity to stack up. BTC Whales Buying Recall the price events that transpired since the […]