Bitcoin poised for breakout as US money market funds reach $6.2 trillion
Bitcoin could be on track to a September breakout to new record highs, but it faces significant resistance around $65,000. Go to Source
all time high
Auto Added by WPeMatico
Pump.fun hits record $28.7 million monthly agreement income for July
The memecoin creation platform’s record monthly income showcases the growing retail interest towards Solana-based memecoins like WIF and BONK. Go to Source
Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout. Go to Source
Bitcoin pushes toward $70K — just 6% needed for new all-time high
Bitcoin price came within 5.7% of its peak today as the week begins with positive sentiment. Go to Source
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several … Read more
Bitcoin whales scoop $1.4B in 24 hours this week amid market correction
The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021. Go to Source
Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead Several analysts and researchers have a positive outlook on bitcoin’s prices for June. … Read more
Worldwide searches for ‘onchain’ on Google hit all-time high
“The learning phase is over. A new era is coming,” says CryptoQuant CEO Ki Young Ju. Go to Source
TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the top-performing cryptocurrency over the last 12 months, boasting a 98,352.40% increase. TRUMP Meme Coin Skyrockets Post-Libertarian … Read more
Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend
Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will … Read more
