Bitcoin has achieved a significant milestone by reaching its all-time high of $69K after 847 days, reflecting a notable surge in confidence within the cryptocurrency market. However, this achievement is accompanied by expectations of heightened volatility in the mid-term, leading to the liquidation of numerous futures market positions. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart highlights Bitcoin’s impressive rally, driven by...
Read More »BODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours
CoinspeakerBODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours BODEN's surge in value is part of a broader trend of meme coins inspired by prominent figures such as politicians and celebrities. BODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours
Read More »Here’s Why Bitcoin’s (BTC) Correction is Very Beneficial for Market Positivity: CryptoQuant
Bitcoin went through a massive correction to under $60,000 after blasting past a new all-time high above $69,000 on Wednesday. Experts indicate that despite the volatility, there’s continued positivity in the market, hinting at potentially strong movements in the days ahead. Correction Brings Renewed Positivity CryptoQuant’s latest analysis, for one, suggests that the ongoing correction in Bitcoin’s price is actually fostering a more positive outlook for the crypto asset. The...
Read More »Bitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation
CoinspeakerBitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation Over $800M of the $1B in liquidation was accounted for by long positions, meaning leveraged bulls recorded massive losses. Bitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation
Read More »Arizona Takes Steps towards Integrating Bitcoin ETFs into State Pension Funds
CoinspeakerArizona Takes Steps towards Integrating Bitcoin ETFs into State Pension Funds The concept of adding crypto to retirement and pension plans is not entirely new. Some retirement funds have already started investing in digital assets. Arizona Takes Steps towards Integrating Bitcoin ETFs into State Pension Funds
Read More »Solana (SOL) Price Analysis: Dips Are Protected Near $110
Solana price started a downside correction from the $145 zone against the US Dollar. The price is now trading below $125 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $130 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $115 and $110 support levels to start another increase. Solana price is trading above $110 against the US Dollar, like Bitcoin. SOL is...
Read More »Bitcoin Price Analysis: BTC Rips To New ATH Before Taking Hit
Bitcoin price started a downside correction from the new all-time high at $69,324 against the US Dollar. The price is now trading above $60,000 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support at $64,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $60,000 support zone. Bitcoin price is correcting lower below $65,000 against the US...
Read More »Bitcoin markiert neues Allzeithoch
Bitcoin markiert neues Allzeithoch Bitcoin erreichte heute auf fast allen grossen Bitcoin-Börsen ein neues Allzeithoch. Angetrieben von Faktoren, die sich von denen des Jahres 2021 deutlich unterscheiden. Die Genehmigung des Bitcoin-Spot-ETF zieht konstant sehr viel institutionelles Kapital aus den USA an, was die bullishe Marktstimmung verstärkt. Ausserdem korreliert der Kryptomarkt mittlerweile in einem gewissen Mass mit dem traditionellen...
Read More »SEC Delays Spot Ethereum ETF Decision From BlackRock and Fidelity
The United States Securities and Exchange Commission (SEC) has once more postponed its decision to approve or deny the applications for spot Ethereum exchange-traded funds (ETFs) submitted by BlackRock and Fidelity. The latest delay comes weeks after the agency greenlighted several Bitcoin ETFs that have since gained massive traction. SEC Delays Decision on Ethereum ETFs On March 4, the SEC declared it would postpone the decision for BlackRock’s iShares Ethereum Trust and...
Read More »More Pain: Over $1 Billion Of Liquidations As Bitcoin Slides To $61,000
Crypto market sell pressure was relentless on Tuesday, with Bitcoin’s price drifting as low as $61,000, triggering more than $1 billion in liquidations across the crypto market. Data from Coinglass shows that $1.17 billion in liquidations have occurred over the past 24 hours, including $876 million of long trades and $292 million of shorts. This follows Bitcoin’s brief and narrow reclaim of its all-time high on Tuesday morning, rising to $69,200 before the market dumped. Over...
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