Bitcoin Bears Eye $60,700 Target As BTC Rejects Key Resistance
Bitcoin rejected the $64,500-$64,700 resistance zone, with one analyst watching $62,200 and $60,700-$61,000.
Category: BTCUSDT
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Bitcoin Bulls Eye $67K As TradingView Analyst Tracks Channel Support Bounce
A TradingView analyst says BTCUSDT has bounced from channel support and is holding above demand while bulls target $67,000.
Strategy Erases Last Week’s Bitcoin Sale With 1,550 BTC Purchase
Bitcoin treasury firm Strategy has already more than made up for last week’s 32 BTC sale as it has announced a new major acquisition. Strategy Has Just Added To Both Bitcoin And USD Reserves In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the latest Bitcoin acquisition […]
Newbie Bitcoin Whales Took $1.77 Billion In Loss During Price Crash: Data
On-chain data shows the new Bitcoin whales realized a massive amount of loss during the past week as BTC has gone through its drawdown. New Bitcoin Whales Have Harvested Massive Losses Recently As pointed out by CryptoQuant analyst Maartunn in a new post on X, New Whales on the Bitcoin blockchain have been participating in […]
The Next Bitcoin ETF Boom May Be Coming From Japan – Here’s Why
The US Spot Bitcoin ETFs are experiencing a sustained bearish performance, especially as the premier cryptocurrency succumbs to another wave of correction. Recent data suggest that these ETFs recorded 13 consecutive trading days of net outflows between Mid-May and early June, with investors pulling out about $4.33 billion. Nevertheless, these assets still boast of net […]
Bitcoin Spot ETFs Bleed $1.26 Billion In Largest Net Outflows In 3 Months – Details
The 13 US Bitcoin Spot ETFs closed out last week with $1.26 billion in net withdrawals, amid significant price losses in the broader crypto market. Notably, data from SoSoValue shows this is the heaviest outflow from the Bitcoin ETF market since the last week in January, when investors’ activity resulted in a net loss of […]
Bitcoin In Buy Zone As Analyst Sets Next Bull Target At $400,000 – Details
Following its April rally, Bitcoin has settled into a tight range between $75,000 and $78,000. According to crypto analyst Kabuki, this movement may represent a familiar phase seen in previous market cycles that have preceded explosive gains. Related Reading: Bitcoin Market Cap Could Reach $16 Trillion By 2030, Ark Invest Explains How In New Report […]
Bitcoin Coinbase Premium Breaks Green Streak: US Selling Pressure Back?
American Bitcoin sellers may be making a return as data shows the Coinbase Premium Gap has turned negative for the first time in 20 days. Bitcoin Coinbase Premium Gap Has Broken Its Positive Streak In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Coinbase Premium Gap […]
Stablecoins Don’t Meet Core Requirements Of Money, BIS Says
The BIS General Manager has said that existing stablecoins fall short of the requirements for a widely accepted and used payment instrument. Stablecoins Remain A “Niche” Payment Instrument Pablo Hernández de Cos, General Manager at the Bank for International Settlements (BIS), spoke on the topic of stablecoins at a Bank of Japan seminar in Tokyo […]
Bitcoin Miners Selling Nears Exhaustion – What Comes Next
Recent on-chain data shows that Bitcoin miner selling pressure may be approaching exhaustion, potentially setting the stage for the market’s next upward phase. This development comes amid a resilient bullish performance by the leading cryptocurrency in April. Related Reading: Bitcoin Mining Network Collapsing Into AI At Record Pace, Analyst Warns Reduced Mining Selling Weakens Pressure […]