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 […]
Bitcoin ($BTC), with its recent accelerated rise, is approaching the “golden cross” pattern, which is considered one of the key indicators of long-term bullish momentum in technical analysis. Bitcoin’s price surged above $72,000, with gains exceeding 12% in the past week. This rise also pushed $BTC above its 200-day simple moving average (SMA), currently standing […]
Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug. 19, the Treasury Department said it will raise the maximum size of its liquidity-support operations for 10- to 20-year and 20- to 30-year securities from $2 billion to at least $4 billion […]
As Team Liquid and Team Yandex faced off in a Dota 2 playoff match at The International 2026 in Shanghai, China, on August 20, two Polymarket whales placed opposing six-figure bets, amounting to $393,221. Whale 1 (0x5dab…322e1) backed Team Liquid at 10:23 UTC with a $245,259 at entry odds of 58%, according to whale data […]
Oobit has partnered with Web3 payment infrastructure provider AEON to enable crypto payments through Vietnam’s VietQR network, allowing travelers in the country to pay with crypto by scanning local QR codes. With the integration in place, Oobit users can make payments in crypto while merchants receive the funds in local currency, according to the official […]