Category: Bitcoin

Bitcoin price rose by 1.4% today, August 7, helped by numerous catalysts from the United States. BTC jumped to $116,000, with the 24-hour volume soaring to $61 billion. It has formed several highly bullish patterns, pointing to more gains, potentially to the all-time high.

Following a brief dip to $112,200, Bitcoin (BTC) has recovered slightly, trading around the $116,300 level at the time of writing. While concerns remain about BTC’s inability to decisively break the $120,000 resistance level, on-chain data suggests the asset may be in an accumulation phase – potentially gearing up for its next breakout toward a

Last Friday’s US July Employment Situation release has delivered the kind of statistical jolt that rarely shows up outside crises, forcing traders to re-evaluate both the macro outlook and Bitcoin’s near-term path. Payrolls grew by just 73,000, but the shock lay in the record-large negative revisions: May and June were marked down by a combined

On-chain data shows that the Bitcoin short-term holders have switched to loss-taking recently. Here’s what this could mean for the asset. Bitcoin Short-Term Holder SOPR Has Dropped Below 1.0 In a new post on X, the on-chain analysis platform Checkonchain has talked about how the behavior of the Bitcoin short-term holders has changed recently. The

The Bitcoin price has shot over $117,000 following two important executive orders signed by President Donald Trump. The new orders enable retirement accounts to invest directly in crypto and prohibit unfair banking practices against individuals and lawful businesses.

Another long-slumbering Bitcoin whale has awakened, moving 3,000 BTC worth over $349 million after 10 years of “HODLing.” Blockchain data on Thursday showed that the whale moved 100 BTC from 30 addresses to a long-list of new, modern Bitcoin addresses. It wasn’t clear who moved the crypto, which had been sitting at the addresses since

Cryptocurrency analysis firm CryptoQuant reported that Bitcoin has entered a short-term consolidation or mild downside risk phase, with a pause in the market’s upward momentum. According to the company’s report, the market entered a “bullish break” after Bitcoin reached an all-time high of $123,000 in June. CryptoQuant noted that its Bull Score Index, which it

The new executive order that US President Donald Trump is expected to sign brings with it a significant change to 401(k) retirement savings plans. The new regulation will allow Americans to invest in private equity, real estate, cryptocurrencies and other alternative investment vehicles through 401(k) plans. Trump’s move aims to offer investors a broader range

The latest data from Maestro suggests Bitcoin’s financial stack is maturing quickly. With $7.39 billion already staked and another $3.32 billion in restaking, the narrative of passive HODLing is steadily being replaced by active, on-chain capital deployment. Summary BitcoinFi protocols surpass $10b in total value locked, with $7.39b in staking and $3.32b in restaking, according

A widely followed cryptocurrency analyst and trader believes Bitcoin (BTC) is gearing up to reclaim its all-time highs in the $120,000 range. The trader pseudonymously known as Kaleo tells his 717,200 followers on the social media platform X that Bitcoin is poised to have an explosive breakout after an ascending trendline retest. “Support on the