Bitcoin price traded near $64,000 on Monday, even as Asian equities and technology shares rose after fresh progress in U.S.-Iran talks. According to crypto.news data, Bitcoin traded at $64,188 at press time, with a 24-hour range between $63,232 and $64,543. The move left Bitcoin down about 2% on the week and still below the levels […]
Ripple is set to unlock 1 billion XRP from escrow around July 1, releasing tokens worth more than $1 billion at current market prices. The scheduled release is part of Ripple’s escrow program established in 2017 to improve transparency around XRP distribution. Under the mechanism, 1 billion XRP is automatically unlocked each month from escrow […]
The sharp pullback in the cryptocurrency market in recent weeks has put significant pressure on short-term Bitcoin investors in particular. According to data shared by CryptoQuant analyst Darkfost, short-term investors have transferred over 80,000 $BTC to Binance in the last seven days. At current prices, this represents approximately $5 billion in potential selling pressure. According […]
Institutional Buyers Stay on the Sidelines as Negative Coinbase Premium Deepens Concern Bitcoin continues to show signs of weak institutional participation, with one key market indicator now flashing a warning that has persisted for a record length of time. The Coinbase Premium Index, which measures the price difference between bitcoin on Coinbase Advanced and Binance, […]
A company with a Bitcoin hoard the size of Strategy’s moving 32 coins shouldn’t rattle anyone. The stack is north of 200,000 $BTC. Yet when those 32 $BTC were sold to cover preferred stock dividends, a wave of unease swept across markets that are always quick to read a top into any selling pressure. The […]
River chart on lost coin estimations published on X on Jan. 14, 2025. Mt Gox‘s roughly 740,000 $BTC loss illustrates the problem. Some of those coins were later recovered and are now moving through a rehabilitation distribution plan, meaning the original loss figure no longer represents permanent destruction. One of the most well-known examples of […]
Strategy founder Michael Saylor has once again shared the company’s chart data tracking Bitcoin purchases, giving a new buy signal. In his post, Saylor stated, “It looks better with more points.” In the shared graph, each point represents a Bitcoin purchase. Given Saylor’s past posts, Strategy is known to typically announce new Bitcoin purchases the […]
TL;DR Zip said Bitcoin’s nearest H4 resistance sits around $64,100. The level is tied to a 1:1 correction and the 38.2% Fibonacci measurement. A separate TradingView idea shows $BTC retesting a major buyer zone after losing momentum. Bitcoin Nears A Local Decision Area Bitcoin ($BTC) – local resistance is close. The nearest local (H4) resistance […]