Bitcoin’s dominance over the entire market has continued to increase steadily over the past few weeks, even as many Bitcoin and many other cryptocurrencies started the week on a negative note. According to data from CoinMarketCap, Bitcoin’s dominance is now at 60.4%, its highest level since the 2021 bull market. This increasing Bitcoin dominance has…
Bitcoin witnessed a slight rebound to the $102,000 price level, signaling growing upside momentum. However, the flagship asset encountered strong resistance around the $102,000 threshold, causing its price to retrace toward key support levels. As Bitcoin’s price fluctuates, strong bullish sentiment and activity have been observed among short-term holders. A Notable Shift In Bitcoin Ownership…
In today’s dynamic economic landscape, seasoned investors are reevaluating their portfolios and considering the potential of Bitcoin as an alternative to traditional assets like real estate. With a finite supply and transformative growth potential, Bitcoin presents a compelling case for forward-thinking investment strategies. Real Estate: The Illusion of Stability Real estate has long been regarded…
White House Crypto & AI Czar David Sacks called Bitcoin an excellent store of value. David Sacks stated evaluating a Bitcoin reserve is their top priority on the latest CNBC interview. US White House Crypto & AI Czar David Sacks talked about various things related to crypto on the latest CNBC interview. From forming a…
In the first ever official press conference for digital assets hosted by the U.S. government, Crypto Czar David Sacks and pro-crypto U.S. politicians committed to prioritizing bitcoin and digital assets during the Trump administration. In his opening remarks, Sacks shared that “the President said in his executive order in the first week that it’s the…
Bitcoin’s price movements have always been a subject of debate among investors and analysts. With recent market retracements, many are questioning whether Bitcoin has already reached its peak in this bull cycle. This article examines the data and on-chain metrics to assess Bitcoin’s market position and potential future movements. For an in-depth complete analysis, refer…
According to data from CryptoQuant, Bitcoin’s (BTC) Kimchi Premium has surged to a three-year high of 12%. This spike comes amid a steep decline in the flagship cryptocurrency, triggered by concerns over the economic impact of looming US trade tariffs on Canada, Mexico, and China. Kimchi Premium Rises To 3-Year High, What’s Driving It? Starting…
Data shows the cryptocurrency sector has witnessed a massive amount of liquidations after the crash that Bitcoin and company have gone through. Crypto Derivatives Market Has Just Seen A Long Squeeze According to data from CoinGlass, a large amount of liquidations related to cryptocurrency contracts has occurred on the derivatives platforms during the past day….
The US-based spot Bitcoin ETFs (exchange-traded funds) started the week on a negative note, ending its seven-day $4.7 billion inflow streak. The crypto investment products saw nearly $460 million withdrawn in value on Monday, January 27. However, the Bitcoin ETFs appear to be making a strong comeback, ending the week with hundreds of millions of…
Bitcoin’s wild price swings have kept the market on edge, as volatility remains the norm for crypto traders. This week alone, BTC surged from $97K on Monday to a high of $106K yesterday before settling around $102K. Investors are now watching closely to see if Bitcoin can break above key resistance levels or if another retrace…
