Bitcoin

Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown

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Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown

Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors. This surge reaffirms Bitcoin’s ability to bounce back from local lows, maintaining its upward trajectory. Top … Read more

Bitcoin Spot-Perpetual Price Gap Turns Negative

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Bitcoin Spot-Perpetual Price Gap Turns Negative

The US Federal Reserve’s public consideration of reduced interest rate cuts in 2025 resulted in numerous negative effects on financial markets. Aside from a 17% price loss for Bitcoin, data from Binance exchange shows the BTC market has now developed its largest spot-perpetual price gap. Bitcoin Spot-Perpetual Gap Falls To -$59 – What Next?  In … Read more

UAE’s Bitcoin Holdings Soar To $40 Billion As Bull Season Continues

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Bitcoin Bull

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets. The implications of this growth are profound as the UAE continues to position itself as … Read more

Federal Reserve to Own Bitcoin? Lummis Proposes Change

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Bitcoin Fed cynthia lummis

In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming outlined a proposal to grant the Federal Reserve the authority to hold Bitcoin as part of the United States’ official reserves. She argues that this approach could improve the country’s long-term financial stability, strengthen the global role of the US dollar, and provide … Read more

Bitcoin Reserve Proposed By French MEP To Bolster EU

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Bitcoin Reserve EU Sarah Knafo

French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures. A French magistrate and member of the Cour des Comptes, Knafo’s background includes public service and political … Read more

Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity

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Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity

Bitcoin surged to a new all-time high today, reaching $106,533 and solidifying its position as the market leader in this ongoing bull run. The price action has been exceptionally bullish, offering only three quick chances for investors to buy small dips in recent weeks. This relentless upward momentum has captivated the market as BTC continues … Read more

Bitcoin And Ethereum ETFs Continue Positive Inflow Streaks — Details

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Bitcoin

Following the approval of the US-based spot Bitcoin exchange-traded funds (ETFs) in January 2024, the crypto crowd felt it was only a matter of time before other similar products received the green light. Barely six months after the BTC ETF trading debuted, the Ethereum exchange-traded funds were also launched in the United States. While the … Read more

Bitcoin Large Players Hold 3.867M BTC – Metrics Reveal Whales Keep Growing

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Bitcoin Large Players Hold 3.867M BTC – Metrics Reveal Whales Keep Growing

Bitcoin has experienced significant volatility in recent weeks, struggling to maintain its position above the $100,000 mark after breaching it last week. Despite the choppy price action, Bitcoin’s long-term outlook remains robust, with key metrics pointing to continued institutional and smart money interest in the asset. Data from CryptoQuant reveals that large BTC holders, or … Read more

Cardano Founder Reveals Bitcoin DeFi Roadmap For 2025

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Cardano Hoskinson

In a series of statements on X, Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), outlined his plans to integrate Bitcoin into a decentralized finance (DeFi) ecosystem by 2025. The plan involves leveraging Bitcoin’s liquidity and making the project a layer-2 like network. Timeline For Bitcoin DeFi On Cardano Hoskinson … Read more

Bitcoin Coinbase Premium Turns Green: Price Reversal Here?

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Bitcoin

Data shows the Bitcoin Coinbase Premium Index has just seen a sharp rise into the positive region, a sign that could be bullish for BTC’s price. Bitcoin Coinbase Premium Index Has Spiked Recently As an analyst in a CryptoQuant Quicktake post explained, the Bitcoin Coinbase Premium Index has observed a surge despite the pullback the asset’s price … Read more