As the crypto market continues to trade range-bound, the on-chain analytics firm Santiment has outlined key metrics that could help traders identify a market bottom. These indicators enable market participants to know when it is safe to inject more capital into their portfolio in anticipation of future rallies. According to a Santiment report, the metrics...Read More
Despite a minor recovery this week, Bitcoin’s price continues to struggle well below $90,000. The crypto asset has been under tremendous market stress as traders remained cautious due to economic uncertainties. However, BitMEX co-founder Arthur Hayes believes that Bitcoin could surge to $250,000 by the end of 2025. Bitcoin’s Push to $250,000 In his latest...Read More
The first quarter of 2025 ended on a sour note, with Bitcoin (BTC) and Ethereum (ETH) posting their weakest quarterly performance in nearly a decade. Data from the crypto futures trading and information platform CoinGlass shows that last quarter was the worst Q1 BTC and ETH have posted since 2018. On a monthly basis, March...Read More
Bitcoin (BTC) is flashing a critical supply signal as investors withdrew at least 30,000 BTC from crypto exchanges in a week. With corporations like Strategy aggressively accumulating the number one cryptocurrency, market watchers warn of a liquidity crunch that could ignite volatility. Bitcoin Outflows Point to Reduced Selling Pressure Recent on-chain data from Santiment, shared...Read More
The dynamics of the crypto industry have changed over the last year, and this has affected several assets, including the top projects. Evaluating the market capitalization evolution of top cryptocurrencies since November 2024 shows that some assets have been seeing steady positive growth while others have mostly struggled. The market analytics platform CryptoQuant selected the...Read More
In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote: “Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.” But he’s noticed a big change over the...Read More
Two bills, which aim to establish digital asset reserves in Arizona, cleared the state’s House Rules Committee on March 24th and have now advanced to the House floor for a full vote. The proposed legislation includes the Strategic Digital Assets Reserve Bill (SB 1373) and the Arizona Strategic Bitcoin Reserve Act (SB 1025), which is...Read More
Bitcoin is seemingly at another crossroads. After a volatile week, the cryptocurrency is testing a critical support zone between $82,000 and $84,000, and analysts are split on whether it is the calm before another leg up or the start of a brutal correction. Bear Trap or Bear Market? Crypto influencer Kyle Chasse sent alarm bells...Read More
Bitcoin briefly surpassed $88,000 earlier this week, amidst a recovery following several catalysts, including GameStop’s surprise $1.3 billion capital raise for Bitcoin allocation. Despite this surge, the crypto asset quickly retraced, falling by 3% over the past 24 hours, as traders appear to have cashed in on the brief relief rally. However, BTC flows across...Read More
Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior notes maturing in 2030. Investors will have the option to convert the notes into GameStop’s Class A common stock at a later...Read More
Bitcoin’s (BTC) recent price movements have raised speculations about the possible end of the bull market and the onset of a bear season. Investors are wondering if the leading digital asset is entering a period of continued downturn and sideways movement, but analysts still insist there is hope. The on-chain analyst and bitcoin insights provider...Read More
In the past few trading days, the United States spot Bitcoin exchange-traded funds (ETFs) market has witnessed a positive reversal in investor flows. However, the on-chain analytics firm CryptoQuant says these funds are currently at a critical turning point, especially with BTC’s price reacting to macroeconomic uncertainty. In a series of tweets, CryptoQuant explained that...Read More
Bitcoin has had a wild ride this year. However, Bitwise Chief Investment Officer Matt Hougan sees a major shift in its trajectory. In fact, the exec believes that this is the “best time in history” to buy Bitcoin on a risk-adjusted basis. Bitcoin’s Historic Risks Are Gone In his latest blog post, Hougan reflected on...Read More
Bitcoin experienced major setbacks in the first quarter of 2025. After reaching an all-time high of over $109,000, the leading cryptocurrency dropped and remained on a downward trend until mid-March. Following a recent recovery above $88,000, BTC finds itself at a crucial stage in its market journey. Market Health and Future Direction CryptoQuant’s Bitcoin Combined...Read More
Bitcoin’s latest rally past $88,000 has reignited bullish sentiment across the market, with some traders predicting a surge to $159,000. However, blockchain analytics firm Santiment has issued a cautionary note, suggesting this optimism could backfire. Greed Could Spell Trouble Crypto markets thrive on sentiment, and right now, greed is creeping back in after a period...Read More
Bitcoin has made a comeback over the past week, rising by 5%. Although investors continue to proceed with caution, new data revealed that bullish sentiment is at its strongest level in six weeks. This shift came as the crypto asset soared to $88,500 where its rally was stopped. Bullish Sentiment According to the latest analysis...Read More
The start of the business week was quite positive for bitcoin, as its price jumped by several grand from the weekend stagnation and hit a multi-week peak of just under $89,000. However, it faced immediate resistance at that point and was pushed south to under $87,000 as of now. Here are some of the possible...Read More
After five weeks of continuous outflows, digital asset investment products saw a turnaround last week, attracting $644 million in inflows. This pushed total assets under management up by 6.3% from their March 10 low. The reversal was further validated by daily inflows throughout the week, breaking a 17-day streak of outflows. According to the latest...Read More
The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected. According to data from CoinGlass, spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows....Read More
Crypto exchange prices for BTC surmounted months of resistance at $30,000 in Oct. 2023 to support above $60,000 in 2024. Then it hitched its wagon to Trump’s coattails and skyrocketed in Oct. 2024. After that, the world’s premier cryptocurrency hit a historical record high price of $109,000 on Jan. 20, 2025, according to data from...Read More
Bitcoin’s (BTC) prolonged downturn over the last two months has raised speculation about the end of the bull cycle and the onset of a bear market. While several market analysts continue to predict the cryptocurrency’s short-term price trajectory, only on-chain data and metrics can paint a clear picture. A weekly report from the market intelligence...Read More
The past several months were highly volatile for bitcoin, with price movements that took it from under $60,000 to almost $110,000 and a subsequent crash to below $80,000. Although the last week or so has been a lot quieter, that could be the calm before the storm. Here are the bullish and bearish scenarios for...Read More
The BTC price is trading at a three percent loss today, March 21st. In the following, we take a look at some of the most important Bitcoin news of the past couple of days. Bitcoin and US interest rates: is there a correlation? Do changes in US interest rates impact Bitcoin’s price and how? According...Read More
Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the network’s open interest. According to data analyzed by the market intelligence platform Glassnode, Bitcoin Futures open interest is seeing a significant decline in speculation and...Read More
The cryptocurrency market is still bleeding, but there may be signs that bitcoin (BTC) could likely be recovering soon. One of them is the asset’s hot supply, which refers to the amount of BTC that is available for trading. According to a tweet from the on-chain intelligence platform Glassnode, Bitcoin’s Hot Supply, a metric that...Read More
Bitcoin’s recent price movement has sparked debate among analysts over whether the original cryptocurrency has entered a bear market. Renowned analyst Ali Martinez recently shared an in-depth analysis assessing Bitcoin’s (BTC) trend using multiple technical indicators and on-chain data. In his study, Martinez suggested that while BTC might be shifting into a bearish phase, certain...Read More
Prominent business intelligence firm and the world’s largest corporate holder of the Bitcoin Strategy has announced plans to bid 5 million shares of its Series A Perpetual Strife Preferred Stock (PSPS) through a public offering. The company plans to use the proceeds for general corporate purposes, including working capital and the acquisition of Bitcoin. However,...Read More
The Bitcoin market has been down for two months, with selling pressure from investors keeping prices supressed. While this represents a bearish trend for the leading crypto network, there may be a silver lining after all. A tweet from the market intelligence platform CryptoQuant revealed that the Bitcoin market is deleveraging. Historically, such events have...Read More
Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum. The downturn comes as new liquidity inflows slow, which has prompted speculation that...Read More
The crypto market has been bleeding for weeks, which is evident in the outflows recorded by Bitcoin and Ethereum exchange-traded funds (ETFs) and products. Last week alone, the financial vehicles tracking both assets saw outflows exceeding $1.2 billion across several countries, including the United States, Switzerland, and Canada. Withdrawals from other digital asset products brought...Read More
