Bitcoin BTC$124,058.70 surged during the Asian session on Sunday, rallying from $122,000 to $124,289 within minutes, pausing short of the record high of $124,429 reached in August. The break above $124,000 followed a massive demand for U.S.-listed spot exchange-traded funds (ETFs). which collectively registering a net inflow of $3.24 billion last week. This marks the
Many investors are currently viewing bitcoin through an end-of-cycle lens, suggesting that Q4 could mark the close of the current market cycle. However, two key metrics point to the possibility that the bull market may actually be in its early stages. Glassnode data shows that the 200-week moving average (200WMA), which smooths bitcoin’s price over
Bitcoin ($BTC) is making waves in the market with significant price progress amid a notable decrease in UTXO. Hence, Bitcoin’s Unspent Transaction Output (UTXO) count has dropped to the 17-month low spot of 166.6M, highlighting re-accumulation among the $BTC HODLers. As per the data from the popular crypto analyst going by, CryptoOnchain, this notable development
Belo Horizonte named Brazil’s “Capital of Bitcoin” to drive crypto innovation and education. DL Holdings invests USD 40M in mining rigs in Paraguay and Oman. Bitget highlighted by Animoca Brands for its Universal Exchange (UEX) model. These are the most significant crypto developments in Latin America this week, from Brazil’s bold move to establish Belo
Bitcoin is on a bullish comeback move as the coin has gained 11.61% in the last seven days, as it inches closer to its all-time high (ATH) of $124,457. Amid this positive move, Matthew Sigel, VanEck’s head of Digital Asset Research, has dropped another bullish update. Bitcoin self-custody moves tighten liquidity According to Sigel, crypto
With bitcoin’s volatile price chaos in September rattling traders yet still locking in a 5.16% monthly gain, data shows 2,803.62 long-silent bitcoin, worth $342 million, finally broke their slumber and moved for the first time in years. 70 Dormant Wallets From Early Days Moved Over 2,800 BTC According to blockchain parser btcparser.com, September logged 70
Just as Amazon laid the rails for the digital economy, Metaplanet president Simon Gerovich says his company is building the new financial infrastructure. And he argues that the market often misprices companies in periods of structural change, obsessing over price while missing the power beneath the hood. Like Jeff Bezos’ famous remark during Amazon’s dot-com
If you’re feeling dizzy, that’s just the altitude— bitcoin is flying high at $122,087, staking a bold claim in the six-figure club. But before you look toward the moon, take a breath—this price action might be flexing, but the charts are whispering different tales. Bitcoin Chart Outlook and Price Prediction Let’s start with the daily