Bitcoin is sitting on its first true make-or-break support of the cycle, and the market is now in what crypto analyst Dom (@traderview2) calls a “fork in the road.” His message is direct: if Bitcoin cannot stabilize and reclaim key levels quickly, the structure that has defined this entire run breaks for the first time
Key Takeaways Galaxy Digital recorded a 1,531 BTC outflow as institutional investors continue adjusting crypto allocations. While Galaxy sold, Jump Crypto increased exposure, swapping $205M in Solana for $265M in Bitcoin. Galaxy Digital, a leading institutional crypto asset manager, recorded an outflow of 1,531 Bitcoin today as market pressures continue to weigh on institutional holdings,
The world’s largest asset manager, BlackRock, has once again deposited Bitcoin (BC) worth $383,900,000 to Coinbase Prime. As spotted by on-chain tracking platform Lookonchain, the asset manager also moved about $122 million worth of Ethereum (ETH). BlackRock’s recurring Bitcoin transfers stir concern Notably, Coinbase Prime handles crypto assets from institutional investors, either for trading or
Seventeen years after its publication, the Bitcoin white paper is still widely viewed as a novel technical achievement or the starting point for a new digital asset class. This narrow interpretation misses its deeper message. The white paper identified structural weaknesses in global payments and settlement that continue to affect consumers, businesses, and financial institutions
Cryptocurrency analyst Joao Wedson, in his latest assessment of Bitcoin’s (BTC) price movements, suggested that statistical indicators suggest a new all-time high (ATH) is very close. Wedson noted that Alphractal’s metric, known as the “Max Intersect SMA Model,” still indicates that the peak has not occurred. “The last time I mentioned this model, BTC rose
Buyers are more powerful than sellers on the last day of the month, according to CoinStats. BTC/USD Bitcoin (BTC) is one of the biggest gainers today, rising by 2%. On the hourly chart, the rate of BTC has broken the local resistance of $110,463. If buyers can hold the initiative and the daily bar closes
Bitcoin is down 5.51% this month, which is on track to be the first red October in seven years. Summary Bitcoin price is on track to break its seven-year streak of “Uptober” gains Experts cite macro uncertainty and recent ETF outflows Bitcoin’s October streak is broken. After seven straight years of gains, the world’s top
According to CoinDesk Research’s technical analysis data model, bitcoin BTC$109,021.24 slid to support, snapped back into resistance, and then settled into a tighter range as activity rose around key levels. Technical analysis highlights Path and range: Trading spanned about $4,296, with price probing a $106,391 low and later testing $110,700 before easing. Sell wave: The
Key Takeaways Square is offering a $50 Bitcoin incentive to the first 20,000 merchants who participate in Bitcoin conversions. The incentive aims to boost Bitcoin adoption among small businesses and accelerate BTC acceptance. Square today began offering a $50 Bitcoin incentive to the first 20,000 merchants who enable the “Bitcoin Conversions” feature on its platform.
Peter Schiff, the longtime Bitcoin critic and gold advocate, has once again thrown his regular jab at the Bitcoin ecosystem, particularly targeting the largest Bitcoin treasury firm, Strategy (formerly MicroStrategy). On Friday, October 31, Schiff published a post discrediting Saylor’s Strategy earnings report, claiming that it is not as genuine as it presents itself. In