Bitcoin’s price holds steady at $118,000 as it continues to consolidate below key resistance levels. The asset commands a market capitalization of $2.34 trillion with strong 24-hour trading volume of around $24.52 billion and an intraday range of $117,502 to $118,483, indicating subdued volatility near a psychological inflection point. Bitcoin On the 1-hour chart, bitcoin
Backed by Adam Back and built around a Bitcoin-per-share model, BSTR is set to enter the public markets through a Cantor Fitzgerald-led SPAC. Table of Contents A $3.5 billion bet on Bitcoin BSTR is more than just a treasury play The Adam Back continuum BSTR joins growing list of public BTC-holding firms A $3.5 billion
Cryptocurrency analyst and trader Kevin Svenson is saying one indicator is signaling major momentum for Bitcoin (BTC). Svenson tells his 83,500 YouTube subscribers that the relative strength index (RSI), a momentum oscillator used to determine overbought or oversold conditions, is flashing a signal on the daily time frame that has previously preceded massive rallies such
The price of Bitcoin is consolidating as exchange-traded fund (ETF) inflows show no sign of slowing down. The top digital asset remains in a tight range, having formed a bullish pennant pattern, all while ETF inflows surged for the sixth consecutive week. Bitcoin (BTC) was trading at $118,200 on Saturday, July 19, a slight decrease
While the crypto world buzzed over the 80,000 bitcoins from 2011 shuffled around by an old-school whale this week, a few other longtime holders quietly joined the action, shifting hefty amounts of their own—all while the price held steady well above the $116,000 mark. Sleeping Wallets Come Alive in July as Bitcoin Holds Above Key
Between July 14 and 19, 58 Bitcoin treasury updates were recorded, coinciding with Bitcoin’s price reaching $123,000 as 21 companies added approximately $810 million in BTC to their corporate treasuries. The roundup also included four new treasuries, 17 future treasury announcements, 11 active BTC fundraising plans, and five other related disclosures.
The UK government could be about to embark on a huge Bitcoin stash sale, worth more than £5.4 billion ($7.1 billion). The stash consists of Bitcoin seized in 2018 as part of a police operation to take down a Chinese Ponzi scheme using Britain to hoard crypto assets among others.. The 61,000 Bitcoin seized at