Bitcoin has enjoyed a brief respite this week after climbing back up above $72,000. But weak demand and investor exits could push the crypto asset lower. Joao Wedson, founder of Alphractal, flagged an on-chain signal that indicates that the asset may still face one final price decline before establishing a cycle bottom. Final Shakeout His […]
Around 26,700 Bitcoin options contracts will expire on Friday, April 10, with a notional value of roughly $1.9 billion. This event is smaller than usual and very similar to last week’s expiry, so it is unlikely to have any impact on spot markets. Crypto prices have been climbing slowly this week, with around $90 billion […]
The share of Bitcoin (BTC) supply in profit has dropped to around 59%, bringing it close to levels seen during the last bear market. This comes from data shared by analyst Darkfost, who also pointed out that the number of addresses depositing BTC had dropped to a 10-year low. Profit Supply Nears Bear-Market Territory In […]
Bitcoin remains within a “subdued and low-conviction market environment, with weak spot activity,” reported on-chain analytics provider Glassnode on Wednesday. It added that spot trading volume “remains soft,” noting that with Binance’s 30-day relative volume still sitting below the 1.0 baseline. This highlights a “lack of strong organic demand beneath the recent stabilization in price.” […]
Altcoins are flashing technical signals not seen since 2020, with a multi-year wedge breakout and a looming MACD crossover drawing attention across crypto markets this week. The setup has fueled renewed speculation that a broader altcoin rally could be forming. Breakout Pattern and Momentum Signals Return Analyst Mark Chadwick highlighted the signals in question in […]
Adam Back has once again denied claims that he is the mysterious Bitcoin creator Satoshi Nakamoto. The latest denial comes after an investigation by New York Times reporter John Carreyrou pointed to him as the most likely candidate. Back Pushes Back Following the NYT’s publishing of Carreyrou’s piece, Back took to X to reject its conclusion. “I’m not […]
After a few consecutive days of warning shots, the US and Iran reached a two-week cease-fire, which would allow them to negotiate for a permanent peace deal. Financial markets responded immediately to the news, but in opposing ways. While most assets, such as BTC, gold, and stocks, went up, oil, which had rocketed after the […]
Bitcoin network activity “just snapped higher after months of decline,” reported CryptoQuant on Monday. The blockchain analytics provider’s index tracks addresses, transactions, UTXOs, and blockspace demand. It noted that the daily Bitcoin transaction count is now around 615,000, which is the highest since November 2024. It added that this shift is happening while BTC fees remain […]
Crypto analyst and Taproot developer Udi Wertheimer has stated that the Lightning Network is fundamentally vulnerable in a post-quantum scenario and claimed that its design leaves user funds exposed in ways that cannot be mitigated under current assumptions. According to Wertheimer, the core issue stems from how public and private keys function in cryptocurrency systems. […]
A Federal Reserve meeting minutes event and two key inflation reports are due this week as tension in the Middle East remains at a boiling point. Crypto markets are up on Monday morning following President Trump’s extended deadline for Iran to open the Strait of Hormuz. He told Fox News on Sunday that he will […]