Tag Archives: btcusdt

Mining firm MARA Holdings, formerly Marathon Digital, announced plans to offer $700 million in 0.00% convertible senior notes due 2030 to qualified institutional buyers. The company may allow initial buyers to purchase an extra $105 million in notes within 13 days of issuance. $700M Convertible Notes Offering MARA plans to use up to $50 million from the note sale to buy back part of its 2026 convertible notes through private deals. The rest of the funds will go toward...

Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely to decline soon. Historical data shows that alternative cryptocurrencies (altcoins) have always rallied when BTC retraces and seen a decline in market dominance during bull cycles. Ju’s findings indicate that the altseason, where capital leaves BTC and flows into altcoins, may not be as...

Bitcoin’s price is teasing investors, as it is experiencing a pullback before reaching the $100K mark. Yet, as things stand, there’s a considerable probability that it will hit the milestone soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart Starting with technical analysis, the daily timeframe shows massive bullish momentum for BTC. Yet, the market has been correcting for the last few days after failing to reach the $100K level. The $90K mark is still...

Matthew Sigel, VanEck’s Head of Digital Research, has painted a promising future for Bitcoin going into 2025. According to him, the world’s largest cryptocurrency could reach successive all-time highs (ATH) over the next few quarters, potentially climbing as high as $180,000. Bitcoin’s Current Market Trajectory In a November 14 interview on CBNC, Sigel suggested that the push could come from current market dynamics, which show minimal technical resistance. Over the last few...

The total cryptocurrency market capitalization increased to about $3.05 trillion throughout the past seven days, adding close to $400 billion. This comes on the back of stellar performance from most of the coins, including but not limited to Bitcoin, Ripple, Dogecoin, and more. But first, let’s dive into what Bitcoin did. The week started off relatively calmly. Last Friday, when we wrote our previous market update, it was trading at slightly less than $80K, but this all...

TL;DR Certain on-chain metrics suggest overbought conditions, flashing the sell signal on BTC. The Fear and Greed Index is currently in the “Extreme Greed” zone, which could indicate a local top and a subsequent price decline. The Bearish Signals Bitcoin (BTC) has been the talk of the town recently. It entered a massive bull run mode since Donald Trump’s win in the US presidential elections last week, with its price reaching a record high of $92,000 on November 13. However,...

As Bitcoin continues to break into uncharted territory frequently, a previously dormant wallet has come to life after more than a decade of inactivity. According to the popular crypto tracker, Lookonchain, a Bitcoin wallet that has been dormant for 13 years, has made a significant transaction. The entity, which holds 426.3 BTC worth around $36.62 million, transferred 42.3 BTC. This stash is valued at $3.67 million. The wallet originally received the 426.3 BTC on July 29,...

It didn’t take long for bitcoin to resume its bull run and spike above $90,000 to chart a fresh all-time high, this time at roughly $92,000. This comes despite some reports indicating that BTC miners have started to take profits to cover certain expenses. There’s a lot going on with BTC’s price in the past week, especially since it became known that Donald Trump will be the next president of the US. The asset’s run has been nothing short of spectacular as it took bitcoin from...

Bitcoin has surged to a new all-time high, approaching the $90K threshold in an impulsive rally. The combination of another Federal Reserve rate cut and President Trump’s re-election has fostered a risk-on sentiment in the markets, driving demand for risk assets like Bitcoin. Technical Analysis By Shayan The Daily Chart On the daily chart, Bitcoin’s price action reflects a robust shift toward a bullish market structure. It recently broke past both the 100-day and 200-day...

Chinese fabless integrated circuit design company Nano Labs has announced that it has opened a Coinbase account and begun accepting Bitcoin payments for its products. Its decision to expand its global transaction options coincides with Bitcoin reaching an all-time high of $90,000. Nano Labs Turn to Bitcoin In its official press release, Nano Labs stated that it is responding to the growing demand for digital currency transactions in the technology sector by accepting Bitcoin...