Bitcoin held above $80,000 this weekend while three institutional indicators pointed in different directions. The Sept. 15 snapshot from the Commodity Futures Trading Commission showed leveraged funds becoming less net short across four regulated Bitcoin futures products. Their aggregate net-short exposure fell by the equivalent of 7,275 $BTC from the prior week. Asset managers, meanwhile, […]
Strategy founder Michael Saylor has raised expectations of a possible new $BTC purchase by reposting the “Bitcoin Tracker” chart, which the company uses to track its Bitcoin reserves. Saylor simply added the phrase “More orange” to his post. In Saylor’s past posts, the orange dots on the chart represented Strategy’s Bitcoin purchases, and similar posts […]
Tushar Jain, co-founder of Multicoin Capital, stated that the current optimism in the cryptocurrency market is somewhat excessive, and that a correction or period of sideways consolidation may occur in the coming period. In his assessment, Jain stated that the current market sentiment has reached a “slightly euphoric” level, emphasizing that a short-term pullback would […]
Bitcoin price rebounded about 6% over the past 24 hours to trade near $81,300, with a short squeeze and improving technical momentum carrying the price to its highest level in two weeks. Bitcoin price action today Bitcoin ($BTC) price traded at approximately $81,330 at the time of writing after reaching an intraday high near $81,741, […]
Bitcoin (BTC) is approaching a decisive technical level that could determine whether its latest recovery develops into a confirmed bull market or faces another significant correction. Notably, the flagship cryptocurrency rebounded strongly on September 19, climbing back above $80,000 as renewed demand for spot Bitcoin ETFs, a wave of short liquidations, and improving regulatory sentiment […]
Bitcoin is back to trading in the green territory, showing a substantial price gain over the last day following a major resurgence in the broader crypto market. With momentum building again, Bitcoin has now rebounded back above $81,000, but its rising reserves on Binance are raising questions about whether the recovery is backed by enough […]
XRP is attracting renewed attention after whale wallets accumulated approximately 1.54 billion tokens worth about $2.2 billion within 96 hours, a move that has strengthened the bullish case for the cryptocurrency as it trades near $1.41. The accumulation comes at a time when market sentiment across digital assets has improved, with investors increasingly returning to […]
TOYOSA has officially launched a Bitcoin payment option for Toyota vehicles in Bolivia, marking a significant milestone in automotive payments across Latin America. This initiative is supported by BitGo Bank & Trust, which provides the necessary digital asset wallet infrastructure. As cryptocurrency adoption continues to rise, this move could pave the way for broader acceptance […]
Galaxy Research‘s X account recently reported a long-dormant Bitcoin wallet being awakened after more than 14 years. The Bitcoin wallet, which contained 100 $BTC, first received them on November 2, 2011, months after Bitcoin’s pseudonymous creator Satoshi Nakamoto quietly exited the scene and was never heard from again. Taken from the time the coins were […]
The bitcoin BTC$75,888.13 market turned idiosyncratic ahead of Wednesday’s Federal Reserve interest-rate decision, and is no longer tracking the Dollar Index or U.S. stocks. CoinMarketCap data show bitcoin’s short-window correlation with the index, which measures the U.S. currency’s strength against a basket of peers, has collapsed to nearly zero, while its positive link to equities […]