Sat, March 14

Can Bitcoin Bulls Overcome Whale Selling Pressure?

Bitcoin is showing mixed signals as uptober—historically a strong month for the cryptocurrency—unfolds. After reaching a one-month high of $64,817 with a bullish surge, Bitcoin has since dropped 1.05% over the last 24 hours, trading at $63,602.91. Adding to the uncertainty, trading volume is down by 15%, reflecting a market

September 26, 2024 2 mins read

Bitcoin Price Slumps Back to $63K Amid Increased Volatility

The cryptocurrency market, much to the delight of the investors, turned bullish last week. Leading cryptocurrencies recovered from their downward trajectory, sustaining over the previous fortnight. Meanwhile, the crypto community also rejoiced at a pro-crypto statement from the US Democrats’ candidate, Kamala Harris.  However, in the last 24 hours, Bitcoin

September 24, 2024 2 mins read

Riot Platforms and Bitfarms Settle Dispute Ending Ongoing Tussle

Bitfarms and Bitcoin miner Riot Platforms Inc. have settled their months-long dispute over Riot’s intended takeover attempt. This development comes in the lead-up to Bitfarms’ Special Meeting of Shareholders on November 6th. Both firms’ stock prices are out of the red zone and are expected to surge. Riot Platforms Inc.

September 23, 2024 2 mins read

Bitcoin Reaches 25D High as Whales Trade and Shorts Liquidate

Bitcoin, the world’s largest cryptocurrency, has once again sparked excitement within the market by reaching a 25-day high of $64,745 just hours ago. Over the past 24 hours, Bitcoin’s trading volume has surged by 86%, rekindling optimism among traders. Many in the crypto community are already calling it a taste

September 23, 2024 2 mins read

Bitcoin Price Likely to Face Correction Following Recent Surge

Bitcoin has had a really good ten days or so, with the asset adding about $10,000 during this span, largely due to the US Federal Reserve’s move to lower key interest rates. But several social measures imply that the cryptocurrency’s boom could be ended soon. Last week on Wednesday, September

September 21, 2024 2 mins read

Can Bitcoin (BTC) Break Through the $65K Resistance?

The Bitcoin price displays a brief bullish sentiment, attempting to hit a higher value after the recent break-out above $63K. The largest cryptocurrency managed to trade within the $60K range for the past three days. The analysts speculate that the asset could hit a new all-time high (ATH) before this

September 21, 2024 2 mins read

US Bitcoin ETFs See $158M Inflows Amid Bitcoin Price Surge

Prior to Thursday’s net inflow of $158.21 million, spot bitcoin exchange-traded funds in the US had a net outflow of $52 million. Among yesterday’s inflows, Ark Invest and 21Shares’ ARKB received $81.07 million, the most, according to SoSoValue statistics. Net inflows of $49.88 million were recorded by Fidelity’s FBTC, while

September 20, 2024 2 mins read

Is Bitcoin Poised for a Major Breakout Beyond $65K?

Bitcoin, the world’s leading cryptocurrency, hit a 25-day high of $64,133, hours ago. It gained 10.3% over the past week as bulls made a comeback. Despite an early-month bearish trend, Bitcoin is now trading at $63,821.27, up 3% in the last 24 hours, though trading volume has decreased by 11%,

September 20, 2024 2 mins read

Is Bitcoin (BTC) Hinting at a Bull Run in the Wake of Fed Cuts?

Bitcoin (BTC) is currently trading at $62,046.34, showing a 2.83% increase in the past day. The leading cryptocurrency maintains a market cap of $1.23 trillion, securing its position as the top digital asset in the market. Over the last 24 hours, the trading volume reached $46.08 billion, reflecting a 17.22%

September 19, 2024 2 mins read

Bitcoin (BTC) Approaches Key Resistance Level at $60k

Bitcoin is currently experiencing significant upward momentum, trading at $60,654, reflecting a 4.30% increase over the past day. This price is nearing a key resistance level at $61,401, which was noted on September 17.  Whale activity is also noteworthy, with significant transfers occurring. A dormant whale transferred 1,215 BTC from

September 18, 2024 2 mins read
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