Sat, January 10

Bitcoin (BTC) Shoots 5% Rally, a Sign of Rebound?

Bitcoin (BTC) has displayed a significant surge, gaining over $3,000 in the past 24 hours and climbing to a high of $63,787. This increase comes as the weekend ends with higher trading volume and activity in the new week.  The price of Bitcoin has stabilized above the $63,000 mark, setting

July 1, 2024 2 mins read

Crypto ATMs Installed Globally Surge 17.8%, Closing in on Record High

Installed crypto ATMs have increased by 17.8 percent to 38,279 in the last year, bringing them one step closer to the record of 39,541 established in December 2022. Coin ATM Radar reports that there was a net loss of 2,861 machines in 2023, but a positive trend has been seen

June 30, 2024 1 min read

Where is Bitcoin (BTC) Price Headed As Bulls and Bears Stage a Combat?

The overall crypto market showed a 1.18% decline in market cap and a 8.19% decline in trading volume in the last 24 hours. Leading cryptocurrency Bitcoin has continued to show downward movements which have been persistent for the last seven days. BTC price has caught market attention as the token

June 29, 2024 2 mins read

U.S Bitcoin ETFs See Positive Momentum Despite BTC Price Struggle

Even though U.S. Spot Bitcoin ETFs have had upward momentum for four days in a row, the price of Bitcoin is struggling around the $61,000 mark. It is worth mentioning that several market experts have pointed to the recent lackluster trading activity of the U.S. Spot Bitcoin ETF as a

June 29, 2024 1 min read

Bitcoin Miner Withdrawals Drop 85% Since Halving Event in April

There has been a data-driven 85% drop in Bitcoin miner withdrawals since the mid-April Bitcoin halving. The onchain analytics platform CryptoQuant said in a June 28 post that the pressure on miners to sell is “weakening.” Miners of Bitcoin (BTC) have had to adapt to a new economic reality for

June 28, 2024 1 min read

Will Bitcoin Bulls Gain Momentum Amidst Market Recovery?

While the global crypto market is showing some positive trends, attention has turned towards Bitcoin (BTC) as it navigates through mixed pressures. Following the release of US economic data, Bitcoin has shown a moderate upward trend despite fluctuations, climbing around $62,293 from a 24-hour low of $61,097. At the time

June 28, 2024 2 mins read

US Spot Bitcoin ETFs Record $11.80 Million Net Inflows on Thursday

Net inflows of $11.80 million were recorded by the eleven spot bitcoin ETFs in the US on Thursday, extending the positive run to three consecutive days. The pace has decreased since Tuesday’s net inflows of $31 million, but the inflows have persisted. SosoValue data shows that Bitwise’s BITB received $8

June 28, 2024 1 min read

Did Trump’s Presidential Debate Influence Bitcoin Price?

Despite a slight recovery in Bitcoin’s market price, it struggles to surpass the $62,000 mark, hovering at $61,510 after a 1.02% increase in the past 24 hours. This recovery may be short-lived amidst the 90-minute US presidential debate. Current President Joe Biden and Donald Trump clashed on economic, taxation, and

June 28, 2024 2 mins read

Are Active Bitcoin Dormant Whales Indicating a Recovery?

Bitcoin, the largest cryptocurrency, has been under bearish pressure since mid-June, dropping below $58.5K amid strong selling pressure. However, in the past 24 hours, BTC has shown signs of recovery with a modest 2% price increase and a similar rise in trading volume. This recovery coincides with the heated debate

June 28, 2024 2 mins read
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