Bitcoin (BTC) Open Interest (OI) – a measure of the amount of money invested in its derivatives at any given time – has surged to the highest level in 109 days on May 5. The Bitcoin OI has spiked by more than $10 billion over the past five days, reaching $64.7 billion at press time, […]
Bitcoin is leading the latest rebound in digital assets, with CoinShares data showing continued inflows into crypto investment products as $BTC extended a rally that has now lasted more than four weeks. Digital asset investment products recorded $117.8 million in inflows last week, according to CoinShares’ latest weekly report, marking the fifth consecutive week of […]
The XRP Ledger (XRPL), which uses XRP as its native token, has recorded steady organic user growth over the past 30 days through May 4. The XRPL added 67,186 new addresses in the past 30 days, up from 8,198,608 on April 5 to 8,265,794 on May 4, according to data from CryptoQuant analyzed by Finbold […]
Benjamin Cowen, one of the most respected analysts in the cryptocurrency world, made statements in his latest analysis that are of great interest to Bitcoin investors and market followers. Cowen assessed the potential impact of macroeconomic changes on cryptocurrency markets. Benjamin Cowen began by evaluating Federal Reserve Chairman Jerome Powell’s recent performance. Noting that many […]
After months of negotiations, the United States Senate Banking Committee announced on May 5 a bipartisan compromise on stablecoin yields to fast-track the passage of the Clarity Act, a proposed federal regulation aimed at legalizing crypto assets Senators Thom Tillis, a Republican from North Carolina, and Angela Alsobrooks, a Democrat from Maryland, announced a deal […]
The leading cryptocurrency, Bitcoin ($BTC), has surpassed the long-awaited $80,000 mark. This morning, it continued its upward trend, climbing above $81,000. While speculation continues about whether the rally will continue, experienced Chinese trader Eugene Ng Ah Sio has shared his latest analysis of Bitcoin. The analyst said that the $80,000 level is critical for $BTC […]
Bitcoin (BTC) has recorded its highest level of realized profits in five months as the cryptocurrency briefly surged above $80,000, signaling the market may still have room to extend its rally. On-chain analytics data indicate that Bitcoin’s net realized profits climbed to $207.56 million on Sunday, marking the largest spike in the past month, according […]
Bitcoin has climbed back to the $80,000 level for the first time since February, marking a steady recovery from its earlier sharp correction. At press time, $BTC traded around $80,000 after gaining nearly 2% on the day, as price action continued to build higher lows following its February decline. $BTC trend shifts as price forms […]
Digital asset management company Grayscale has published a noteworthy assessment of the recent declines in Bitcoin prices. According to the company, while it’s true that high-performance quantum computers could pose a potential long-term threat to cryptography, this technology is not the primary cause of the current market volatility. According to Grayscale’s analysis, investor behavior is […]
Bitcoin’s May setup is drawing fresh attention after two consecutive green months, with Trader_XO pointing to seasonality data that leaves $BTC on the edge of a rare three-month streak. The question is whether the historical pattern has real market weight this time, or whether the latest geopolitical shock has already complicated the signal. Bitcoin Eyes […]