A breakout above the level in question will require sustained spot buying or Bitcoin could retreat to lower support. Bitcoin is approaching a key technical level after recording its third consecutive weekly gain. The […]
The injection came after a painful crash in the local tech markets. China has launched one of its largest market interventions in years, funneling $2 billion worth of yuan into equities and ETFs tracking […]
Glassnode reported improving derivatives activity despite muted spot trading in the Bitcoin market. Speculative activity in the Bitcoin market is showing signs of recovery even as spot market participation remains subdued, according to Glassnode’s […]
Bitcoin is attempting to extend its recovery after rebounding sharply from the June lows. The asset is now pressing into an important confluence of resistance, where a descending trendline aligns with a major supply zone. […]
Bitcoin is showing the same monthly chart signals that coincided with the 2015, 2019, and 2022 market bottoms. Bitcoin is displaying the same technical conditions that have historically marked major market bottoms, even as […]
Iran war developments have caused a surge in oil prices, BTC is holding firm. Bitcoin’s move above $66,000 comes hot on the heels of softer inflation data, higher ETF demand, and geopolitical conditions. Why […]
The reported progress on the CLARITY Act is perhaps the most surprising. July has been historically a positive month for bitcoin and this edition hasn’t disappointed so far. The cryptocurrency began the month on […]
Bitcoin prices are at a five-week high, and the asset has moved out of its capitulation zone, according to analysts. Bitcoin momentum is rebuilding, but confirmation has not arrived yet, said analytics platform Swissblock […]
Analysts warn that elevated yields may reduce investor appetite for speculative assets by making safer returns more attractive. A recent auction of 30-year Treasury bonds, sold at a yield of 5.06%, has brought rising […]
Nearly $2.3 billion in stablecoins have exited Binance and Bybit over 30 days. Bitcoin (BTC) continues to trade in a consolidation phase, a little above the $60,000 level. The market is approaching 165 days […]
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