Over the past 90 days, bitcoin (BTC) has been in a state of consolidation, hovering between the $91,000 and $102,000 range. Analysts at the crypto exchange Bitfinex have revealed that the cryptocurrency is currently at a “critical juncture” after this prolonged trading pattern. According to the market experts, Bitcoin’s next major move will likely be...Read More
Many cryptocurrencies have erased all the gains accumulated since the 2024 United States Presidential Election, with meme coins particularly affected, according to IntoTheBlock. In a recent tweet, the analytics firm highlighted that the meme coin market capitalization is nearing its November 2024 levels. Such a trend effectively depicted the undoing of the surge witnessed during...Read More
Crypto market capitalization is down 8% on the day, plunging below $3.1 trillion on Feb. 25 following a wipeout of almost $200 billion in 24 hours. This is the lowest markets have been since mid-November, obliterating almost all gains since Donald Trump’s election victory. Total cap is now teetering on longer-term support levels, and a...Read More
A few days ago, the capital market company Altvest Capital became the first publicly traded African company to adopt Bitcoin as a treasury reserve asset. This move was announced as part of a broader treasury management strategy that focused on strengthening the firm’s financial resilience and protecting its business from currency depreciation risks. Stafford Masie,...Read More
VanEck has predicted that the United States could reduce its national debt by $21 trillion in the next 24 years. The firm’s analysts believe that this could be achieved by creating a one million Bitcoin reserve over the next five years. VanEck’s Estimate According to the asset management company, a U.S. BTC reserve could slash...Read More
The demand for bitcoin on US soil has seemingly disappeared, at least when it comes down to purchases through locally based exchange-traded funds. In fact, data from FarSide shows that February has been a particularly negative month for BTC ETFs, with withdrawals dominating most days. BTC ETFs See Mostly Outflows The launch of the 11...Read More
Bitcoin network activity has fallen to its lowest level in a year as demand for the leading digital asset remains low. A report from the on-chain analytics platform CryptoQuant has revealed that the Bitcoin Network Activity Index, which measures the growth across major metrics like active addresses, number of transactions, and block size, is down...Read More
The altcoin market is evolving, but not in the way many expected. While some believe the altseason has begun, others argue it’s merely delayed. With shifting market structures, ETF-driven Bitcoin strength, and changing investor behavior, what’s really happening with altcoins? “Selective” Altseason Ki Young Ju, CEO of CryptoQuant, has signaled the start of a selective...Read More
Over the last three weeks, the correlation between bitcoin (BTC) and the S&P 500 has been declining. As of February 17, the correlation dropped to zero, meaning BTC completely decoupled from the leading stock market index. According to data analyzed by market intelligence firm IntoTheBlock, the decorrelation between BTC and the S&P 500 could be...Read More
Based on past market data, the altcoin season starts when Bitcoin’s dominance begins to drop. This shows that crypto traders have begun withdrawing their capital from BTC and investing in other digital assets. The past few months have seen investors anticipate a significant decline in Bitcoin’s dominance to signal the onset of the next altseason;...Read More
The past week has been rough for Bitcoin, with its price fluctuations influencing the broader altcoin market. As a result, the total crypto market cap declined by more than 2% in the past day and reached approximately $3.21 trillion. Despite this volatility and macroeconomic concerns, Bitcoin demand appears to stay strong, as suggested by on-chain...Read More
“I see more and more evidence of why it will [go to $1 million], and less and less of why it won’t,” opined the chief executive of crypto asset manager Bitwise, Hunter Horsley, on Feb. 17. He posed the question on X of why BTC isn’t going to be widely adopted and hit seven figures...Read More
The cryptocurrency market is witnessing the delayed arrival of an altcoin boom in the current bull cycle. Crypto exchange and derivatives trading platform Bybit has released a joint report with the market research firm Block Scholes, detailing factors that may have delayed the altcoin season and those that are likely to trigger the boom in...Read More
Around 21,300 Bitcoin options contracts will expire on Friday, Feb. 14, and they have a notional value of roughly $2 billion. This week’s expiry event is a little smaller than last week’s, which had very little impact on spot markets, which have lacked luster despite the steady stream of bullish news emerging from the United...Read More
Inflation in the US climbed more than anticipated, which rattled the crypto market. Bitcoin initially dropped to $94,000 but staged an unexpected recovery by rebounding to $98,000 before settling at $96,000. As discussions around “CPI” reached their highest level in 15 months, data suggest that this could very well be a classic case of “sell...Read More
As Bitcoin continues to attract increasing liquidity and patient investors, altcoins are struggling to find their footing. Recent market trends highlight a widening gap between the two, with altcoins facing significant pressure. A Widening Market Divide Bitcoin investors saw sharp price swings last week as it briefly plummeted to $91,300 before rebounding briefly to $102,000....Read More
As bitcoin (BTC) continues to trade a few thousand dollars below $100,000, miners are struggling to run their operations, and as a result, most of them are capitulating. A report by CryptoQuant analyst Darkfost revealed that the Hash Ribbons metric, an indicator that tells the health of the Bitcoin network by tracking hash rate fluctuations,...Read More
Approximately 14,000 bitcoins that had remained dormant for 7 to 10 years were moved on February 10th. Notably, they were not transferred to any exchanges, indicating that an immediate sale is unlikely. Previous instances of similar activity did not always result in a drop in Bitcoin’s value, as noted by CryptoQuant’s analysis. It’s also worth...Read More
Strategy, the Nasdaq-listed largest corporate holder of bitcoin, which rebranded last week, has resumed its accumulation spree after a weekly hiatus. Co-founder and former CEO Michael Saylor announced the latest purchase on X earlier today. $MSTR has acquired 7,633 BTC for ~$742.4 million at ~$97,255 per bitcoin and has achieved BTC Yield of 4.1% YTD...Read More
It is becoming increasingly difficult to mine blocks on the Bitcoin network. In other words, the security of the leading crypto network is rising by the day, and this is evident in the Bitcoin hash rate hitting a new high. According to data from Blockchain.com, the metric reached an all-time high of 845 million on...Read More
The Bitcoin network seems like a ghost town, with its activities falling to the lowest level in a year. A Bitcoin Network Activity Index from the market analytics platform CryptoQuant hovers around 3,760, the lowest since February 2024, indicating that activity on the leading blockchain has plunged 15% since its November 2024 record high. According...Read More
The week started on a shaky note for United States financial markets, including the crypto space, after President Donald Trump imposed trade tariffs on imports from Canada, Mexico, and China. Cryptocurrencies bled billions of dollars across all markets, including spot and derivatives. According to a weekly report by the leading crypto derivatives exchange Bybit and...Read More
First, we exchanged greetings and pleasantries, as it was our first login with DeepSeek. Then we asked, “DS, do you know what Bitcoin is?” The large language model was clearly familiar with the world’s leading cryptocurrency by market cap. DeepSeek Tells Us Its Bitcoin Price Outlook “Yes, I do!” DeepSeek answered. “Bitcoin is a decentralized...Read More
Around 26,000 Bitcoin options contracts will expire on Friday, Feb. 7, and they have a notional value of roughly $2.5 billion. This week’s expiry event is about a third of the size of last week’s month-ending mammoth one. Therefore, there is likely to be a minimal influence on spot markets, which have retreated this week....Read More
“Feels like a great time to enter BTC!” exclaimed Eric Trump on X on Jan. 6. The post followed a similar one on Feb. 3 when he said it was a “great time to add ETH,” resulting in a double-digit recovery for the asset. However, there was little reaction on spot markets for BTC, which remains...Read More
Bitcoin (BTC) is becoming increasingly sensitive to macroeconomic factors. In fact, the digital asset is leading equity markets in the United States in response to President Donald Trump’s latest economic and policy changes. Despite this heightened sensitivity to macroeconomic developments, BTC has remained resilient, exhibiting structural strength in higher time frames. The cryptocurrency has outperformed...Read More
The cryptocurrency market experienced a significant selloff following US President Donald Trump’s announcement of new tariffs on imports from Canada and Mexico, along with threats of increased duties on goods from the European Union. This triggered billions in liquidations, with Bitcoin briefly dropping below $92,000 while altcoins suffered even steeper declines. Although the market has...Read More
The world’s largest corporate holder of BTC has paused its months-long acquisition spree of the biggest cryptocurrency that started immediately after the US elections in November 2024. Within this time, the company broke the record for the single largest purchase of BTC and strengthened its presence in the Bitcoin ecosystem by nearly doubling its holdings....Read More
Crypto markets have tanked to their lowest levels in 2025 as US President Donald Trump escalated his trade war over the weekend with hefty tariffs on Canada, Mexico, and China. Last week, Federal Reserve chair Jerome Powell said that policymakers didn’t need “to be in a hurry” to cut rates while maintaining them at 4.25%...Read More
Crypto market capitalization has tanked around 12% over the past 24 hours, falling to around $3.1 trillion at the time of writing. It is the lowest level markets have seen this year, wiping out more than $400 billion in less than a day as the sell-off accelerated during the Monday morning Asian trading session, sending...Read More
