A lack of visibility and the counting of old addresses were to blame for a popular Liquid Network dashboard displaying just 82.4% assets backing the $350 million market capitalization of Liquid Bitcoin (LBTC) this week. This is according to Adam Back, CEO of Blockstream, a founding member of the Liquid network and one of its
The cryptocurrency market is going up again, according to CoinStats. $BTC/USD The rate of Bitcoin ($BTC) has risen by 2.19% over the last 24 hours. On the hourly chart, the price of $BTC is near the local resistance at $90,016. If it breaks out, the rise is likely to continue to the $91,000 zone. The
The US dollar slid to a four-year low, while gold and silver pushed deeper into record territory as Bitcoin attempted to recliam the $90,000 level. During the past day, the dollar index, a gauge of the greenback against major peers, touched 95.566, its weakest level since February 2022, after President Donald Trump dismissed concerns about
Crypto traders are leaning bullish while simultaneously chasing downside protection ahead of Friday’s bitcoin $BTC$88,841.00 options deadline worth billions of dollars. Bitcoin options worth $8.5 billion will expire on Deribit at 8:00 UTC on Friday, the world’s largest crypto exchange by trading volume and open positions. These figures represent the U.S. dollar notional value of
Bitcoin price briefly tested $90,000 on Wednesday, extending a rebound from last week’s sharp sell-off. It comes ahead of the Federal Open Market Committee (FOMC) rate decision later today. However, analysts warn that the move offers relief rather than resolution as crypto markets brace for a dense cluster of US macro and policy risks. Bitcoin
With Bitcoin (BTC) attempting to reclaim the $90,000 resistance zone, analysis by a trading expert suggests that the asset is likely to see a correction in the coming months. Indeed, the TradingShot outlook shared in a TradingView post on January 28 indicated that a possible drop to $45,000 can be derived from the view that
Long term holders of bitcoin $BTC$88,841.00 are again selling the largest cryptocurrency, with distribution now at the fastest pace in five months. Last year’s action front-ran a market top that occurred, as many had expected, in October. In the past 30 days, investors who’ve held bitcoin for at least 155 days — a cohort typically
Since Bitcoin’s crash began in October, the historically rapid bull months have failed to meet expectations. While October and November, generally known as bull months, saw declines, attention has now turned to February. At this point, popular economist Timothy Peterson described February as the most stable and optimistic month for Bitcoin since 2016. The analyst
Bitcoin is preparing to test key resistance levels within the Donchian Channel, signaling potential for further upward movement. For context, Bitcoin ($BTC) has seen a 0.9% increase in the last 24 hours, currently trading at approximately $88,911. The price fluctuated between a low of $87,315.18 and a high of $89,394.00 during this period. However, over
A fresh debate has started in the crypto world after a viral claim about Bitcoin’s future cycles. The statement came from YoungHoon Kim, who holds a Guinness-recognised IQ score of 276. He said that Bitcoin’s traditional four-year cycle is dead and that the market is now entering a decade-long supercycle. The claim spread across social