For the past two years, Bitcoin has come roaring back from 2022’s crypto winter. It was a tough one-year correction cycle, complete with a rash of cash crunches and liquidations of some big names in blockchain. The crash was so devastating that a few Web3 founders who broke the law even went to jail in...Read More
Bitcoin had a brief hiccup for two days, Monday and Tuesday, against the backdrop of a roaring month-long bull rally for the cryptocurrency. More recently, BTC absolutely melted up from $68,000 at the start of November to a record high above the $100,000 level in about 30 days. But the brief pull-back may have only...Read More
After a turbulent correction, the cryptocurrency market has found some calm, with prices stabilizing. Meanwhile, the Mean Dollar Invested Age is quietly pointing to heightened network activity, often seen as a precursor to extended bullish trends. Despite a market-wide retracement this week, the Mean Dollar Invested Age (MDIA) – an often-overlooked crypto metric – signals...Read More
Ray Dalio, an American investor and founder of the world’s largest hedge fund, Bridgewater Associates, says he is investing in bitcoin (BTC) and gold rather than debt assets. The billionaire, who now serves as Bridgewater Associates’ investment chief, is more interested in the precious metal and cryptocurrency because they are “hard money.” On the other...Read More
Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin to...Read More
Bitcoin’s price decline, triggered by a selling spree in the crypto market, hasn’t dampened institutional interest. CryptoQuant’s latest insights show the Coinbase Premium climbing, reflecting robust US investor activity during this volatile phase. Coinbase Premium Jumps The Coinbase Premium, a metric that tracks the percentage difference between Bitcoin’s price on Coinbase Pro and Binance, has...Read More
Bitcoin’s rally past the $100,000 threshold was short-lived, as the leading cryptocurrency came tumbling below the level barely 24 hours later. This 14% correction within the past week was driven by market participants, especially long-term holders (LTHs), taking profits. According to a Bitfinex Alpha report, on-chain metrics like realized profit and perpetual futures funding rates...Read More
Amazon shareholders have called on the tech giant to consider Bitcoin as a treasury asset, arguing that this could protect shareholder value while aligning with emerging financial trends. The resolution requests Amazon’s board to assess the long-term benefits of incorporating Bitcoin into its treasury strategy. Bitcoin’s Appeal Grows Amazon shareholders, guided by the conservative think...Read More
Is this December a good time to buy Bitcoin? Some say there’s no gift like the present, especially during the year-end holiday season. Because that’s when equities and cryptocurrencies historically deliver most of their positive yearly returns. “A Santa Claus rally is the sustained increase in the stock market that occurs around the Christmas holiday...Read More
The 11 spot Bitcoin ETFs in the States continue to enjoy substantial investor demand following the presidential elections, with another week of multi-billion dollar net inflows. This time, the same can and will be said about the spot Ethereum ETFs, which finally emerge as attractive investment tools. BTC ETF Inflows Rockets The previous business week...Read More
Bitcoin’s price experienced one of its most significant surges in the past several years since November 6, gaining over $30,000 and exploding beyond $100,000 for the first time ever. As such, some market participants decided to cash in on profits. After reports that long-term holders had disposed of portions of their bags, it’s now the...Read More
Bitcoin (BTC) has witnessed remarkable growth this year as seen in its realized capitalization growing from $430 billion in January to a new high of $730 billion. The cryptocurrency recently had a historic moment when it crossed the $100,000 mark, becoming worth six figures for the first time. Analysts at the blockchain intelligence platform CryptoQuant...Read More
Bitcoin prices dumped to $92,980 during late trading on Dec. 5. The move follows an all-time high earlier the same day when the asset came just short of $104,000 on Coinbase. The 10% flash crash wiped around $10,000 off the price of BTC as another leverage-induced liquidation event occurred. BREAKING: #Bitcoin briefly falls -$8,000 in...Read More
Bitcoin’s (BTC) 7% surge above $100,000 in the past 24 hours has ignited a massive reaction in the crypto community. Market experts and analysts are discussing factors that led to the historic move and speculating about how high bitcoin can go, given the current state of the market. CryptoPotato received remarks from analysts at the...Read More
The Mt. Gox-related wallet activities once again captured attention with a massive transfer of 27,871 BTC, worth around $2.8 billion, to an unidentified address on December 4. This transaction coincided with Bitcoin reaching an all-time high above $100,000, marking a historic moment for the cryptocurrency. Analytics from Arkham Intelligence reveal that the wallet, tied to...Read More
For the first time, Bitcoin has crossed the $100,000 mark after struggling for two weeks due to significant profit-taking. Institutional demand has played a key role in driving the market’s momentum and subsequently helping the world’s largest cryptocurrency to hit the milestone. According to CryptoQuant, the Coinbase Premium Index spiked, depicting sustained buying pressure from...Read More
Total crypto market cap has reached an all-time high of $3.83 trillion following a 2.7% rise on the day, according to Coingecko. Digital asset market momentum has largely been driven by Donald Trump’s presidential election victory and the promise of a pro-crypto regulatory landscape in the United States. Since election day on Nov. 5, almost...Read More
Bitcoin prices surged to a record high of $103,630 during early trading in Asia on Thursday, Dec. 5, according to Tradingview on Binance. The breakout of consolidation added more than 7% over the past 12 hours as the asset climbed from an intraday low of around $95,000. Bitcoin has now made a whopping 140% year...Read More
The largest cryptocurrency went on a full bull run after Donald Trump won the US presidential elections a month ago but its most recent price movements have been quite underwhelming compared to numerous altcoins. However, the amount of BTC getting withdrawn from exchanges continues to increase, and another address-related metric suggest the asset’s price still...Read More
“One of the biggest misconceptions in Bitcoin is that HODLers never sell,” said on-chain analyst James Check on X on Dec. 3. However, they do sell, and they’re currently keeping prices from moving higher, he added. Bitcoin has been range bound, oscillating around $95,0000 since Nov. 20, two weeks ago. It has failed to register a...Read More
Bitcoin (BTC) currently ranges between $94,000 and $96,000, but on-chain signals suggest the cryptocurrency is on the verge of a massive breakout. Data from blockchain analytics platform CryptoQuant indicates that BTC could witness a sharp and significant uptick within the next one to two months. According to a report by pseudonymous digital asset analyst Crypto...Read More
With December historically a volatile and choppy month for bitcoin (BTC), analysts at the crypto exchange Bitfinex believe the digital asset could experience a short-term pullback; however, a shift in network dynamics could push it above $100,000. According to a weekly report, BTC could maintain upward momentum this month and rally past $100,000 if short-term...Read More
Following a couple of unsuccessful attempts to decisively reclaim $98,000 and potentially head toward $100,000, BTC’s price tumbled in the past few hours to under $95,000. This adverse move came amid reports that large bitcoin whales have deposited significant amounts of the asset to Binance, potentially to realize some profits. However, there’s some good news...Read More
Rumble, the popular online streaming and video platform, announced that its Board of Directors has approved a plan to diversify the company’s treasury by allocating a portion of its surplus cash into Bitcoin. As part of this new strategy, the company plans to invest up to $20 million in BTC, with purchases made at its...Read More
Bitcoin is making another push toward the coveted six-figure milestone. On November 22, it came within $200 of the $100,000 mark after hitting $99,800, fueling analyst expectations of an imminent breakthrough. However, the subsequent corrections raised concerns. A catalyst for Bitcoin could be the growing narrative as a hedge against global macroeconomic risks and a...Read More
The 2024 cryptocurrency market witnessed an explosive rally, spurred by Donald Trump’s victory in the Presidential Election. Data suggest that interest in Layer 1 blockchain solutions has soared, as these platforms provide the foundation for dApps and Smart Contracts, intensifying the race for L1 dominance. Unlikely Cryptos Take Center Stage According to the latest report...Read More
Despite bitcoin’s price turmoil over the past week, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, believes the leading digital asset’s dominance is less likely to decline soon. Historical data shows that alternative cryptocurrencies (altcoins) have always rallied when BTC retraces and seen a decline in market dominance during bull...Read More
Bitcoin (BTC) is still far from the overvalued levels that indicate the end of a bull cycle despite having rallied above $99,000 last week. According to on-chain data analyzed by CryptoQuant, the cryptocurrency can still surge past $100,000 to $146,000, the top target from a realized price valuation perspective. This perspective indicated the top price...Read More
Bitcoin’s recent explosive price action has resulted in a significant surge in profit-taking among long-term holders (LTHs). According to a review by Glassnode, the LTHs have realized $2.02 billion in daily profits, eclipsing the figure recorded in March 2024 and marking a new all-time high (ATH). Long-Term Holders Ramp Up Distributions The blockchain intelligence platform’s...Read More
Although market dynamics signal the onset of an altcoin season, Bitfinex believes any major correction in bitcoin’s price would be magnified in these assets. Over the past three weeks, the Total3 Index, which refers to the market capitalization of cryptocurrencies excluding bitcoin (BTC) and ether (ETH), has rallied to levels not seen in three years,...Read More
