Bitcoin recorded a correction after hitting highs above $93,000, retreating toward its prior consolidation zone. Bitcoin’s market share dropped two percentage points over the past week, settling near 58%. Daily trading volume across major altcoins saw a 35% surge over the last 72 hours. Bitfinex’s weekly report points out that Bitcoin could consolidate its price […]
Benjamin Cowen, a well-known analyst in the cryptocurrency market, analyzed the “Golden Cross” pattern on the Bitcoin chart, where the 50-day moving average crosses the 200-day moving average upwards. Cowen noted that investors often experience a price drop shortly after these crossovers, which are technically considered a bullish signal, contrary to expectations. Analyst: “Bitcoin Generally […]
Bitcoin price remained under pressure near $78,500 after a retreat from its Sept. 3 peak of $82,283, while weakening momentum and a possible head-and-shoulders pattern raised the risk of a deeper correction. Bitcoin price action today According to data from crypto.news, Bitcoin (BTC) price traded near $78,500 late on Sept. 9 after moving between approximately […]
Burger restaurant franchise Steak ‘n Shake has said that accepting bitcoin payments has helped the company grow. Writing on its X account Tuesday, the Indianapolis, Indiana-based company said since accepting the largest cryptocurrency, it has achieved double-digit same-store sales growth. It added: “And this quarter has been extraordinary, with franchise-partners same-store sales gaining 19%.” Ever […]
Fintech veteran Wojciech Kaszycki has identified three tests for real bank adoption of Bitcoin: client custody balances, credit-funded spot trades and its use as loan collateral, following Standard Chartered’s launch of deliverable $BTC and $ETH trading for eligible UAE institutions. Standard Chartered has put Bitcoin trading on existing bank rails Standard Chartered said on Sept. […]
Jiang Zhuoer, one of China’s most well-known cryptocurrency miners and the founder of BTC.TOP, has offered his current assessment of Bitcoin. Bitcoin Analysis from Jiang Zhuoer! Jiang Zhuoer, in a post from account X, stated that Bitcoin’s current uptrend has not yet ended, but a significant correction in the market may be on the horizon. […]
Bitcoin traded near $78,700 on Wednesday, Sept. 9, after repeatedly failing to reclaim the $79,500 area, leaving the market caught between a renewed push toward $82,000 and a deeper pullback. The near-term technical picture remains unsettled as traders also prepare for Friday’s U.S. inflation report, with rising oil prices adding another source of macroeconomic uncertainty. […]
Despite Bitcoin’s (BTC) powerful late August rally and ability to remain only slightly below $80,00 in the weeks since, Claude’s advanced artificial intelligence (AI) estimates the cryptocurrency will fall short of reclaiming $100,000 before the end of 2026. Specifically, Anthropic’s flagship platform identified the Fed’s imminent interest rate decision and oil supply disruptions as critical […]
US-listed Bitcoin ETFs are $1 billion behind for the year, the difference between redemptions and deposits since January, shows data from September 8. This deficit matters to holders of IBIT, FBTC, and competing ETFs because it shows that the products at the center of Bitcoin’s institutional era spent much of 2026 losing money and only […]
CryptoQuant, a cryptocurrency analysis platform, stated that Bitcoin is approaching a critical level on its MVRV Z-Score indicator, but the current picture does not yet confirm the start of a new bull market. According to the analysis, the MVRV Z-Score is approaching its 365-day moving average, which has stood out as a significant regime change […]