In the dynamic world of cryptocurrencies, strategic moves by innovative companies often signal significant shifts. One such development comes from LQWD Technologies Corp., a Canadian firm at the forefront of Bitcoin Lightning infrastructure. They’ve just announced a substantial upsizing of their private placement, securing a remarkable C$12.3 million (approximately $9 million USD). This isn’t just
Bitcoin’s on-chain momentum is looking bearish—and could turn negative unless prices continue to rise, according to an ARK Invest report. Capital flows decreased during the second quarter, with the number of new buyers entering the market continuing to decline. ARK Invest analysts wrote that data suggests Bitcoin’s market-value-to-realized-value, or MVRV ratio, is currently near the
Michael Saylor, Bitcoin permabull and co-founder of Bitcoin treasury company Strategy, has noted the BTC price surge that has been taking place in the past few hours, and made that the topic of his regular daily BTC tweet. Once again, Saylor has posted a Bitcoin-themed AI-generated image featuring himself. This time, Saylor is sitting in
U.K.-based firm TAO Alpha PLC appoints internet personality and BTC advocate Mark Moss as its Chief Bitcoin Strategist to establish its a BTC treasury as part of its rebranding. According to a press release received by crypto.news, the publicly listed artificial intelligence and infrastructure company is planning to rebrand itself as Satsuma Technology. As part
The Blockchain Group is set to broaden its global reach with a US OTCID secondary listing alongside companies like Air France KLM and Nestlé. The Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, is in the final steps of getting listed on the US OTCID market — a platform that provides
According to crypto analysts, long-term Bitcoin investors (LTH) are making 215% more profit than their average cost, which could trigger a potential sell-off. Long-Term Bitcoin Investors Approach Critical Profitability Threshold: Is a Market Sell-Off Imminent? Data shows that long-term investors typically sell after exceeding the 300% return threshold, taking profits. Currently, while investors are still
As bitcoin BTC$109,709.90 continues a now multi-week consolidation just below its all-time high of $112,000, an interesting accumulation phenomenon is occurring. Both short-term and long-term holders have been increasing their stacks as distinct cohorts, which is unusual because these groups typically act in opposite directions, according to Glassnode data. The chart below from Glassnode illustrates
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. XRP’s price rose to a high of $2.83 during the early U.S. hours Wednesday, hitting levels last seen on May 23, according to data CoinDesk data, The move happened as the Guppy multiple moving average indicator, flashed a bullish signal.
Rich Ross, head of technical analysis at Evercore ISI, said in his assessment on the Making Money program broadcast on the FOX Business channel that Bitcoin is preparing for a big leap. Ross stated that the cryptocurrency markets are going through a strong consolidation process and argued that according to technical indicators, Bitcoin could rise
Cryptocurrency analysis firm Alphractal has evaluated the current market cycle for Bitcoin (BTC). According to the firm’s analysis, the Recurring Fractal Cycle metric has accurately predicted BTC’s peaks and troughs to the day since 2015. According to the analysis, the current cycle peak has not yet occurred when looking at this metric. Alphractal maintains that