The leading cryptocurrency, Bitcoin ($BTC), fell to levels around $79,800 yesterday following the release of better-than-expected US Consumer Price Index (CPI) data. However, buying pressure quickly increased, and it regained the $80,000 level. This indicates that it is maintaining and consolidating its position above $80,000. Although this situation created a brief period of panic, analysts […]
BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin (BTC) and Ethereum (ETH) sell-off on May 13 amid rising risk of crypto capitulation. BlackRock deposited 861 BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 ETH, valued at around $103.15 million, to Coinbase […]
Bitcoin is holding above key short-term support while it consolidates below resistance, keeping the bullish roadmap active for now. The setup puts $BTC at an important level, as a breakout could open higher targets, while a drop below support could weaken the current structure. Bitcoin Bulls Hold Control as $BTC Consolidates Below Resistance Bitcoin is […]
The Bitcoin (BTC) owned by conviction buyers, large entities with low on-chain activity, has tripled in 2026. The conviction buyers have increased their holdings by nearly 300% year-to-date (YTD) to approximately 4 million Bitcoin, according to on-chain data analysis from BitGo, analyzed by Finbold on May 13. After taking gradual profits between February 2023 and […]
The Trump administration is continuing to double down on its pro-crypto stance, and recent comments from CFTC Chair Mike Selig gave one of the clearest signals yet about how Washington now views Bitcoin and digital assets. Speaking during a conversation on the Market Disruptors Podcast with Mark Moss, Selig said the chances of the United […]
The XRP Ledger has reached a major milestone, with accumulation among large holders continuing to strengthen despite ongoing market volatility. Specifically, the number of wallets holding at least 10,000 XRP has climbed to an all-time high of 332,230, extending a steady growth trend that has been building since June 2024, according to on-chain data shared […]
21Shares’ Matt Mena says Bitcoin’s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major catalyst for a push toward $90K. 21Shares analyst Matt Mena argued in a note published by Sina Finance that Bitcoin’s resilience in the face of elevated U.S. inflation data is […]
An announcement about the long-anticipated U.S. Strategic Bitcoin Reserve (SBR) is coming “in the next few weeks,” Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, told CoinDesk’s Consensus Miami conference on Wednesday. The federal effort to inventory, centralize and secure U.S.-held bitcoin and other digital assets has been running in […]
CryptoQuant signal has flipped Bitcoin into early bull territory for the first time since March 2023, analysts say. CryptoQuant’s Bull-Bear Market Cycle Indicator entered bullish territory on May 12 for the first time since March 2023, signaling what analysts describe as a potential transition away from bear-market behavior. The indicator is built on CryptoQuant’s Profit […]
The Bitcoin [$BTC] adjusted SOPR has been above 1 for nine consecutive days in May, reported AMBCrypto. This metric measures if, on average, the coins being moved on-chain are in profit or at a loss. Scores above 1 indicate realized profits for holders. Bitcoin continued to trade above the psychological $80k mark as stronger holders […]