Sat, September 26

El Salvador Expands Bitcoin Reserves While Adjusting Policies for IMF Agreement

El Salvador continues to expand its BTC holdings despite recent policy changes. On February 4, the Central American nation added 12 Bitcoins to its reserves, increasing the total to 6,068 BTC, valued at over $554 million. The government purchased 11 Bitcoin for about $1.1 million, averaging $101,816 per BTC. Later,

February 5, 2025 1 min read

Is Bitcoin Bearish Trend Set to Deepen After Dropping Below $91K?

Bitcoin (BTC) recently dipped to $91,242.89 and is trading at $94,297.01, marking a 5.93% decrease over the past 24 hours. The current market cap is $1.87 trillion, reflecting a 5.92% decrease. However, trading volume surged by 175.69%, reaching $96.08 billion, indicating heightened market activity despite the price drop. BTC remains

February 3, 2025 2 mins read

Bitcoin Slips Below 100K As Trump’s Tariff Order Hits Global Markets

Bitcoin (BTC) fell below $100,000, reaching a low of $99,082.51. The cryptocurrency currently trades at $100,193.79, down 2.28% in 24 hours. Its market cap stands at $1.98 trillion, with a 24-hour trading volume of $34.22 billion, marking a 22.95% decline. The fully diluted valuation (FDV) is $2.1 trillion, while the

February 2, 2025 2 mins read

Bitcoin and Ethereum Markets are Set to Witness $10B Options Expiry

Bitcoin’s (BTC) market is preparing for a massive options expiry, a significant event will occur on Friday, which means today. This week’s option expiry event is big because of the month’s end.  Approximately 80,000 BTC option contracts will expire, valued at $8.36 billion, making it a big deal. However, there

January 31, 2025 2 mins read

El Salvador Lawmakers Fast-Track Bitcoin Reform After IMF Deal

El Salvador’s Congress approved a legislative bill on Wednesday amending the country’s Bitcoin law in response to a $1.4 billion loan agreement by the International Monetary Fund, which conditioned approval on conditions that included keeping acceptance of the cryptocurrency voluntary instead of mandatory for businesses. The measure was sent by

January 30, 2025 2 mins read

Analysts Predict Bitcoin Correction to $91K and $75K, Will it Yield?

Bearish trends have been gallivanting through Bitcoin’s price action over the past day. However, turning to other activities, the sector has kept the liveliness going. Recently, pro-crypto senator Cynthia Lummis filed a lawsuit in support of Coinbase against the SEC.  Meanwhile, reverting to Bitcoin’s daily price action, the cryptocurrency trades

January 29, 2025 2 mins read

Bears Pressure Bitcoin Price While Long-Term Holders Accumulate

Bitcoin price has dropped to $99,381, reflecting a 1.95% decline in the last 4 hours. Its market cap now stands at $1.97 trillion, maintaining a market cap-to-volume ratio of 2.03%. Trading volume has surged by an impressive 88.19% in the last 24 hours, reaching $40.65 billion.  This sharp increase in

January 27, 2025 2 mins read

RUNE Declines 20% Amidst THORChain Insolvency Claims

As THORChain announced its decision to pause BTC and ETH withdrawals, its native token RUNE price plunged today. The platform’s official Telegram channel posts indicate the node operators voted to pause withdrawals to avoid insolvency risks. The deposits on THORChain have been turned off a year ago, which raises suspicions

January 24, 2025 2 mins read

Is Bitcoin Consolidation Below $105K Indicating Bull Run Pause?

The crypto community is swarming with activity that seems to be reflecting an ascending channel every day. With such increased shifts, most of them are inclined to the positive, making members quite content. However, prices have resembled previous months’ actions. Over the past week, after a brief significant increase, the

January 24, 2025 2 mins read

Bitcoin on Track for $175K as Trump Token Eyes $100

Bitcoin (BTC) has surged above $109,000, setting a new all-time high. This rally coincides with Donald Trump’s inauguration as the 47th U.S. President, signaling growing optimism in cryptocurrency markets. The pro-crypto stance of Trump’s administration has spurred institutional demand and bullish sentiment. Trump acknowledged Bitcoin’s performance during a recent address.

January 20, 2025 2 mins read