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Read More »Bitcoin (BTC) Price Stands Close to $64K, Toncoin’s (TON) Downfall Continues (Weekend Watch)
After tapping $65,000 yesterday, bitcoin’s price actions calmed, and the asset remained relatively still at around $64,000. The altcoins are also quite sluggish on a daily scale, aside from TON, which was impacted by the news surrounding Pavel Durov, Telegram’s CEO. BTC Calms at $64K The business week started on a negative note for the primary cryptocurrency as it failed to overcome the coveted $60,000 level and the subsequent rejection pushed it south by two grand on Monday....
Read More »Bitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)
Bitcoin’s positive price actions on Friday evening continued in the past 12 hours or so and the asset touched $65,000 for the first time since August 3. Several altcoins have produced impressive gains as well within the same timeframe, with SATS surging by 25%, followed by FET (19%), and SUI (15%). BTC on the $65K Road The end of this business week was quite different than the previous one when BTC slumped to $56,000 on Thursday but managed to recover some ground on Friday...
Read More »Over $130M in Liquidations as Bitcoin Skyrockets to a 3-Week Peak After Powell’s Rate Cut Promise
The business week ends with high levels of volatility as bitcoin’s price soared to almost $64,000 for the first time since the start of the month. This rally, which was mostly mimicked by the altcoins, was possibly fueled by the latest developments on the US front and its central bank in particular. CryptoPotato reported earlier today that BTC had maintained above $61,000 after yesterday’s failure to conquer $62,000. However, the asset touched that level earlier today after...
Read More »BTC Price Analysis: Is Bitcoin About to Explode to $64K Soon?
Bitcoin’s price has been holding strong around the $60K level following the significant crash a few weeks ago. Investors are now optimistic that the market will soon rally to new all-time highs. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating during the last couple of weeks after recovering from the $50K mark. Yet, the 200-day moving average, located around $63K, is yet to be broken to the upside. A bullish breakout...
Read More »Spot Bitcoin ETFs Record $39.4M Inflows as Ether ETFs Decline
According to data from Soso value, Grayscale’s Bitcoin Mini Trust contributed the bulk of the total amount with $14.2 million in net inflows. It is closely followed by Fidelity’s FBTC and Bitwise’s BITB, with $10.7 million and $10 million in inflows, respectively. BlackRock’s IBIT, which is the largest spot Bitcoin ETF by net assets, recorded $8.4 million in inflows, while Franklin Templeton’s EZBC and Invesco Galaxy’s BTCO received inflows of $3.5 million and $2.5 million,...
Read More »Bitcoin (BTC) Price Signals Potential Rally to $70K Fueled by Rising Demand from Institutional Investors
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Read More »BTC Falls Below $60K but Hidden Sign Hints at a Possible Rally (Bitcoin Price Analysis)
Bitcoin’s price has yet to recover following the crash from $68K a couple of weeks ago. The cryptocurrency has been consolidating in a tight range, leaving market participants wondering about its future direction. BTC Price Technical Analysis By TradingRage The Daily Chart The daily chart shows that the BTC price has failed to climb back above the 200-day moving average, located around the $63K mark, after dropping below it earlier. The market is now consolidating around the...
Read More »Bitfarms Announces Acquisition of Stronghold for $125M via Stock Deal
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Read More »Goldman Sachs: US Jobs Data Can Overstate Weakness, Caution for Bitcoin Bears?
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