Volatile Intraday Trading On Thursday, bitcoin failed to maintain an uptrend that had seen it log significant gains in the prior 48 hours. Market data shows the cryptocurrency gradually retreated from the $65,000 threshold it had surpassed following the release of the U.S. producer price index on July 15. The descent initially halted after bitcoin […]
Swedbank AB has increased its stake in Strategy Inc. (NASDAQ: MSTR), purchasing an additional 8,278 shares and bringing its total holdings to 90,590 shares. The bank disclosed its latest position through an official filing, reflecting its ongoing strategy of expanding exposure to Bitcoin via the equity markets. Steady accumulation of Strategy shares Swedbank, one of […]
Following weaker-than-expected US CPI and PPI data, Bitcoin rose above $64,000. However, this rise was limited due to selling pressure. While the market closely watches whether Bitcoin’s rise will continue, a notable shift has been observed in investors’ price expectations in the Bitcoin options market. Bitcoin Expectations Revised! This shift is seen as a significant […]
Bitcoin on-chain data suggests that the market is entering a healthy accumulation phase, with investors steadily buying the asset. However, a CryptoQuant author warns that high levels of leverage in the market could still trigger a sharp price correction. Notably, Bitcoin is up 1.8% over the past week, trading at $64,200, though it remains 49% […]
As Ethereum (ETH) price closed above a prior resistance around $1,843 over the past three days, DeepSeek and Grok have signaled bullish sentiment for the next 16 days. On July 16, Finbold found out that Grok and DeepSeek have set an average target for Ethereum price at $1,955. As such, the two AIs suggest that […]
NYDIG, an investment firm known for its analysis of the cryptocurrency market, shared a noteworthy assessment stating that Bitcoin’s (BTC) current price movements show similarities to past bear markets. According to the company, the correction period between 2025-2026 is increasingly similar to the classic four-year cycle seen in 2014, 2018, and 2022. If this historical […]
XRP whales – wallets holding at least 1 million tokens – have been on a buying spree over the past seven days, despite a renewed XRP sell-off from United States spot ETFs (exchange-traded funds) issuers. XRP millionaire wallets accumulated 70 million tokens between July 9 and 15, according to data from Santiment shared by Ali […]
One of the large wallets that had been inactive for a long time in the cryptocurrency market has become active again. According to data shared by the on-chain data analysis platform Lookonchain, a Bitcoin whale that hadn’t made any transactions for about eight years transferred 5,908 $BTC to a new wallet address. At current market […]
Bitfinex Alpha reported that the lower-than-expected US inflation figures for June propelled Bitcoin to its highest daily close since June 22, but the rise is not yet backed by strong and sustainable demand. According to the report, the recent movement in Bitcoin was largely driven by the repricing of macroeconomic expectations and the interest rate […]
Bitcoin briefly climbed back above $65,000 before giving up those gains as softer US inflation data boosted risk appetite, but renewed geopolitical uncertainty capped the rally. According to CoinGecko data, Bitcoin ($BTC) rose to an intraday high of $65,500, its strongest level since June 22, before retreating to around $64,500-$64,800 during Thursday’s Asian trading session. […]