The Bitcoin price narrowly escaped a deeper breakdown this week, bouncing 2.1% in the past 24 hours to trade near $103,700 after briefly falling to around $98,900. The move stabilized sentiment, but the market isn’t in the clear yet. To confirm a true recovery, Bitcoin would need to climb another 12% from current levels —
Samson Mow, the founder of Bitcoin technology infrastructure company Jan3, argues the Bitcoin bull run is yet to begin, as Bitcoin fell to just under $100,000 earlier this week. “The Bitcoin bull run hasn’t started yet. We’re just marginally outperforming inflation at this price range,” he said on Wednesday. Bitcoin (BTC) and the broader cryptocurrency
Another piece of Strategy (MSTR) Executive Chairman Michael Saylor’s playbook looks to be taking shape after the company’s perpetual preferred share, Stretch (STRC), hit a record high of $100.10 with trading volume reaching 1 million shares. The milestone is significant because it enables Strategy, the largest holder of bitcoin BTC$102,926.71, to utilize its at-the-market (ATM)
EKOX announced their integration with AIDEN, an IQ AI knowledge agent for the blockchain, in the emerging restaking segment of Ethereum. This partnership allows EKOX to incorporate intelligent community knowledge assistance into their fast-growing ecosystem. This integration is an important milestone in AIDEN’s journey to expand its reach across the blockchain ecosystem. The AI agent
Popular analyst Willy Woo, who draws attention with his analyses in the cryptocurrency market, announced his latest predictions for the Bitcoin price. Accordingly, Willy Woo criticized the long-term holding (LTH) metric used in his recent Bitcoin (BTC) analysis as outdated and misleading. Woo said that the ‘long-term holder’ metric (Bitcoins held for more than five
Bitcoin spot ETFs saw a total net outflow of $1.37 billion, according to SoSoValue data. This marks the sixth consecutive trading day that the funds have recorded net outflows. Bitcoin and Ethereum Spot ETFs See Net Outflow for 6th Consecutive Day According to the data, Fidelity’s FBTC fund recorded a positive net inflow of $1.13