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This month, Bitcoin’s price has increased by about 10%; nevertheless, the surge is encountering resistance close to $75,000. The halt is noteworthy because US equities are trying to reach new highs. Holders are selling into strength, according to on-chain data, which helps to explain the slowdown. Along with record highs in
Despite only being available for trading for a little over a week, Morgan Stanley’s new spot Bitcoin ETF has already received more capital than WisdomTree Bitcoin Fund (WBTC) in net inflows. Wednesday saw a net inflow of $19.3 million to the Morgan Stanley Bitcoin Trust (MSBT), raising the total to
At the time of writing on Wednesday, Bitcoin’s (BTC) price was hovering around $74,000, a crucial breakthrough level that, if maintained, would indicate a positive trend moving forward. Spot Exchange Traded Funds (ETFs) saw inflows of more than $410 million on Tuesday, bolstering the Bitcoin price. This comes as reports suggest
In its greatest day since early March, when the US-Iran battle began to kick into high gear, investors poured $269.3 million into BlackRock’s iShares Bitcoin Trust on Thursday. Twelve US-based Bitcoin exchange-traded funds (ETFs) had a net inflow of $358.1 million, reversing a two-day net outflow. A measure of institutional
What happens on Thursday depends on whether bulls can get momentum back or bears try to bring Bitcoin (BTC) down even more. A crucial technical support level is around $70,500. The next course of action for Bitcoin will be decided by that. Meanwhile, institutional demand is reticent to grow BTC exposure,
Bitcoin network activity “just snapped higher after months of decline,” according to Monday’s assessment by CryptoQuant. A blockchain analytics provider’s index keeps tabs on demand for blockspace, addresses, transactions, and UTXOs. It pointed out that there had been over 615,000 Bitcoin transactions per day, the most since November 2024. This
If the Bitcoin community is unable to resolve certain tense problems, the chief researcher at Grayscale warns that resolving the quantum danger to the cryptocurrency may be more of a social than a technological task. On March 30, Google published a document that grabbed the crypto industry’s attention. The research
The US president’s conflicting signals over a possible agreement with Iran to reopen the Strait of Hormuz, together with news of a possible truce that may permanently end the war, caused the cryptocurrency markets to jump 2.5%. At the time of writing, Bitcoin is trading at $69,700, up 4.03% in
Michael Saylor has dropped hints that his Bitcoin treasury is getting back to buying Bitcoin every week following an unusual seven-day break at the end of March. With the title “Back to Work,” Saylor published a screenshot from StrategyTracker in an X post on Sunday. Before making any purchase announcements,
A prominent crypto analyst has speculated that the extended consolidation of Bitcoin below $70,000 may be setting the stage for a more substantial rise. Adding that he is targeting Bitcoin’s breakout through $71,000—a level the king of crypto hasn’t touched since March 26—van de Poppe said that Bitcoin stays stationary in this range,
