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Bitcoin’s price continues to impress, reaching an all-time high of about $88,350 and marking a rebound from the dip a couple weeks ago of around $77,500. Multiple supposedly “significant” factors appear to be driving this price action, among them: supposedly meaningful exchange outflows, renewed accumulation by so-called Bitcoin whales, and, it seems, an overall upswing … Read more
Bitcoin’s realm has experienced some pretty momentous moves lately. Data shows that the total amount of BTC held by our oceanic friends has dropped to its lowest level since 2019. This decline marks a six-year low in whale holdings, and it has our investors and analysts scratching their heads and trying to figure out what … Read more
A massive $19.8 billion Bitcoin options expiry takes place on Dec. 27. Are bulls or bears better positioned? Go to Source
Despite recent price corrections, Bitcoin’s valuation metrics still indicate a bull cycle ahead. Go to Source
According to the CEO of CryptoQuant, the current Bitcoin bull cycle is poised to continue until mid-2025. Historically, Bitcoin bull markets have seen old whales taking profits, which typically shifts capital into new accumulation addresses, effectively raising the realized price of Bitcoin. This profit-taking phase, lasting about 18 months, began four months ago in the … Read more
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over. Go to Source
The Bitcoin halving hype has long passed, and this month’s massive options expiry provides insight into the future of the current BTC bull market. Go to Source
MicroStrategy completes $800 million convertible note offering to acquire more Bitcoin and for “general corporate purposes.” Go to Source
Bitcoin surged past the $42,000 mark yesterday, currently trading at $41,800, coinciding with the S&P 500 reaching a new All-Time High. This has sparked optimism in the crypto community, with expectations that major cryptocurrencies like Bitcoin might “regress to the mean” and align with the performance of equity markets. The cryptocurrency market has notably lagged … Read more
As of the writing of this article, Bitcoin is undergoing a slight 1% decline in its price, currently resting at $42,753. Despite this, the primary cryptocurrency has showcased a remarkable 157% increase since the commencement of the year. However, it still lags 37% behind its all-time high (ATH) achieved in November 2021, peaking above $68,788. … Read more
