Bitcoin (BTC) is back in the spotlight again, breaking past $87,000. In fact, it even hit an all-time high of $88,325 earlier today! This resurgence comes at a time of an all-time high for institutional investment and market sentiment. This momentum has led to rampant speculation that prices will quickly...
The crypto market exhibited heavy trading momentum throughout the weekend. Bitcoin produced one of its most impressive corrections ever, and XRP was still looking bullish. Yet, new information reveals that Open Interest (OI) for derivatives is on a decline even as some XRP wallets continue to increase. This mixed landscape...
The cryptocurrency market is always in motion, influenced by various factors ranging from technological advancements to regulatory changes and geopolitical events. Recently, the potential impact of China's seized Bitcoin holdings has become a topic of significant discussion. According to reports, Chinese local governments held approximately 15,000 BTC as of December...
A whopping $16 billion. That's the alleged figure circulating about China's Bitcoin liquidation. Sixteen. Billion. Dollars. Let that sink in. While some are licking their chops and seeing dollar signs, I see a big flashing red light. This isn’t just another crypto blip folks, this is a possible tectonic shift,...
Bitcoin experienced a notable recovery, surging past $80,000 following comments from a Federal Reserve official hinting at potential market stabilization measures. This largely positive movement came after Bitcoin surprisingly earlier in the week dropped to a year-to-date low. The positive sentiment spread to the broader crypto market, as most of...
Bitcoin options traders are showing extreme bearishness on a near-term upside as short traders were active even as Bitcoin surged above $81,000 on Thursday. The jump, a 5% gain in 24 hours, followed a market-wide sense of relief on Wednesday after President Donald Trump's unexpected 90-day pause on tariff hikes.Deribit,...
The cryptocurrency market as a whole has begun a recovery and stabilization trend. This follows a period of high volatility and overall bearish conditions. This all comes as the market is now wrestling with increasing geopolitical turmoil and ongoing macroeconomic pressures. Despite these challenges, Bitcoin (BTC) has recently begun to...
The U.S. Bitcoin spot ETF market suffered through an unprecedented net outflow of $707 million across five consecutive days. The U.S. analogue, Ethereum spot ETF did no better with $82.5 million in outflows in only four days. Even with these outflows, the current total net asset value of the U.S....
Bitcoin’s price fell more than 2% on Sunday, dropping to $83,482 in Asia trading hours. This decline mostly undid the previous week’s progress, with Bitcoin missing out on the bull run of the equity markets. The fall came alongside erratic and confusing signals from the Trump administration on whether potential...
Taken together, recent developments in the cryptocurrency market have produced some conflicting signals. On the downside Bitcoin ETF observably trending outflow, on the upside approval of Ethereum ETF options. It’s good news. This article originally appeared on BlockTraderHub.com, your intel HQ for all things crypto. It explains why these things...