Bitcoin and altcoins have experienced a significant surge in recent days. Bitcoin, which was around $63,000 at the beginning of the week, has continued its accelerating rise, climbing above $79,000. $BTC has gained approximately 23% in value since August 19th, with this rise largely attributed to the liquidation of short positions and increased demand in […]
The crypto market witnessed one of the most brutal liquidation events in history on August 20, with $3.5 billion in leveraged positions liquidated in 24 hours. At the height of the move, more than $1 billion in short positions were liquidated in just sixty minutes, with the number eventually reaching $3 billion. For comparison, just […]
Bitcoin $BTC$71,936.32 approached $72,000 during the European morning on Thursday, an increase of more than 3.5% over the past 24 hours and 15% higher since Monday. Several bullish catalysts have helped ignite the rally, beginning with Treasury Secretary Scott Bessent’s announcement of Treasury debt buybacks. Which then saw President Trump telling Congress to move on […]
As Ethereum (ETH) added more than $12.4 billion to its market capitalization over the past 24 hours, its United States spot Exchange-Traded Funds (ETFs) recorded their highest daily cash inflow since October 28, 2025, on August 20. The U.S. spot Ethereum ETFs registered a daily total net cash inflow of $220.77 million on Thursday, according […]
Matthew Sigel, Head of Digital Asset Research at VanEck, maintained his optimistic forecast for Bitcoin’s future price performance. Sigel predicts Bitcoin will reach $100,000 again next year, and if a similar market cycle occurs, the cryptocurrency could rise to $500,000 by 2029. Sigel’s assessment indicates that long-term bullish expectations for the Bitcoin market remain. The […]
Bitcoin’s latest rally has been backed by a sharp increase in institutional activity. U.S. spot Bitcoin ETFs recorded more than $5.3 billion in trading volume as BTC reclaimed $74,000 for the first time in 86 days. BlackRock’s IBIT dominated activity with $4.44 billion in volume. Fidelity’s FBTC came next at $438 million and Grayscale at […]
Strategy, the business intelligence firm formerly known as MicroStrategy, is on the verge of breaking even on its substantial Bitcoin investment. According to on-chain analyst EmberCN, the company’s average Bitcoin purchase price stands at $75,385. With Bitcoin trading around $75,085, a mere $300 increase would bring the firm’s holdings to breakeven. Recovery in Unrealized Losses […]
On Wednesday, Bitcoin broke above $65,000 and has since rallied to about $73,856. Key drivers included US Treasury bond buybacks, White House regulatory support, and a massive short squeeze. However, the persistent question for every investor and onlooker right now is: has Bitcoin entered a bull run or is this just a bull trap? Bitcoin […]
Bitcoin’s latest rally has pushed the cryptocurrency above a key long-term technical indicator for the first time in about nine months, offering a potential signal that its broader downtrend is losing momentum. Charting platform Barchart highlighted on Thursday that Bitcoin’s ($BTC) price had crossed above its 200-day moving average for the first time since November […]
Macroeconomist and author Lyn Alden has said that while sentiment for Bitcoin has been low in recent months, there are “not a lot of downside catalysts” for the asset left. Speaking in a Thursday interview with CNBC, Alden said that the “fast money” has been washed out and market observers are not expecting Bitcoin treasury […]