Latest Updates Around The World
Short-term Bitcoin buyers are turning cautious and accumulation is slowing, even as net positions remain positive. Bitcoin climbed above $126,000 in early October and recently crashed to $60,000 before staging a modest recovery around $68,000. Despite the bold twist, many entities are still buying the assets, betting on a long-awaited price increase. But a certain […]
Nevertheless, the company remains in the red on its BTC position. The world’s largest corporate holder of bitcoin has used the current market downturn as an opportunity to expand its BTC portfolio at prices below $70,000. In its latest purchase, announced a few minutes ago, Strategy co-founder Michael Saylor said the company had collected 2,486 […]
Cryptocurrency fears are dropping below zero on the Matrixport index, suggesting that selling pressure could be exhausted and a reversal could be near. Bitcoin sentiment has fallen to its most pessimistic level in years, with Matrixport’s own Greed and Fear Index indicating that selling pressure is almost exhausted. The financial services provider suggested in its […]
Retail investors on Coinbase continued their buying declines due to market volatility, even as warnings of a harsh crypto winter emerged. Since hitting an all-time high last October, Bitcoin has lost almost half of its value. As it continues to struggle below $70,000, the weakness is fueling fears of another crypto winter. But despite continued […]
Bitcoin has reassessed its 2024 whale entry zone as large holders continue to buy even as prices continue to fall. Bitcoin (BTC) has fallen back to the price level last seen in October 2024, the exact moment when whales began their most recent accumulation phase. Data from the chain now shows that these large holders […]
“Are you actually prepared for the longest bear market in history,” one analyst asked. Bitcoin bears have been in control lately, with asset trading well below last year’s peak levels. The question now is whether BTC can make a decisive comeback or whether a new painful setback is on its way. The bullish scenario The […]
This on-chain metric turning negative has repeatedly led to seller exhaustion and the transition from bear markets to bull cycles. The cryptocurrency market remained subdued amid short-term nerves, mixed signals and no clear direction. Bitcoin also showed limited conviction and was visibly under pressure after losing more than 1% of its value in the past […]
Analysts warn Bitcoin could crash to $10,000 as macroeconomic stress and unwinding of risk assets signal a bursting crypto bubble if stocks continue to slide. Bloomberg Intelligence senior commodity strategist Mike McGlone has published a warning suggesting Bitcoin (BTC) could return to the $10,000s as financial market turbulence continues to spread. His comments framed the […]
A short but busy week lies ahead on the United States economic calendar as spot cryptocurrency markets continue to shed recent gains. All eyes will be on the PCE inflation report this week, following last week’s CPI, and on Wednesday’s Federal Reserve minutes. January’s CPI came in slightly below expectations, with headline inflation at 2.38% […]
BTC may not have bottomed out yet, ChatGPT warned, saying more pain could lie ahead for investors. Here’s how low bitcoin could go. Whenever bitcoin corrects after a prolonged rally, the common question within the cryptocurrency community is whether this is another “healthy” retracement in a bull market, or whether the trend has completely changed […]
