Category: Cryptocurrency news

Bitcoin Records Extremely Rare Breakdown

Bitcoin ($BTC) has logged a weekly candle below its crucial 200-week moving average (WMA) for the first time since October 2023. The break below the 200-week moving average, which is historically regarded as the ultimate “line in the sand” separating structural bull markets from prolonged crypto winters, unleashed massive volatility. It has forced more than […]

Hyperscale Data Adds $2.9M in Bitcoin to Corporate Treasury

Hyperscale Data (NYSE: GPUS), a publicly traded Bitcoin mining company, has acquired 49.249 Bitcoin for approximately $2.9 million, according to a report by Bitcoin Magazine. The purchase signals continued corporate confidence in Bitcoin as a treasury asset, even amid fluctuating market conditions. Strategic Bitcoin Accumulation by a Public Miner The acquisition, executed at an average […]

We’ve Been in a Bear Market for 9 Months: Is There Light at the End of the Tunnel?

As the effects of the bear market, which has lasted for approximately 9 months, continue, the cryptocurrency analysis company The DeFi Report evaluated Bitcoin’s on-chain data and macroeconomic outlook in its latest video report. According to analyst Mike’s assessment, while the market is starting to show green lights for “buying,” the possibility that a definitive […]

WhiteBIT introduces TradeFi as demand grows for multi-asset trading

WhiteBIT, the largest European cryptocurrency exchange by traffic, has announced the launch of TradeFi — a new market category designed to give users the opportunity to trade traditional financial instruments just like crypto.  The new category is aimed both at existing crypto traders seeking broader market exposure and at users familiar with traditional markets who […]

Experienced Analyst Claims to Have Detected a Bullish Signal for Bitcoin, Ethereum, XRP, and Solana

Crypto analyst Ali Martinez said that signals indicating a long-term market reversal are emerging in major crypto assets, particularly Bitcoin. According to Martinez, the Tom DeMark (TD) Sequential indicator is giving a bullish signal for Bitcoin, Ethereum, XRP, and Solana on the monthly charts. The analyst noted that trend exhaustion signals, especially those seen in […]