Bitcoin trades at $65,457 on July 27, up 0.18%, catching a bid after Iran signaled a willingness to pause hostilities while pressing against the bear market resistance band that has capped every rally attempt since February. $BTC Is Compressing Between The Bear Market Resistance Band And Its EMA Cluster $BTC 1D Price Action (Source: TradingView)
The rapid advancements in quantum computing threaten not only the cryptocurrency market but also the entire encrypted system, including the banking system. However, according to experts, the cryptocurrency market may be the first sector to be affected by this transformation. At this point, as predictions for “Q-Day” draw closer day by day, experts warn that
A Winning Streak Snaps Bitcoin is trading near $65,300 as U.S. spot bitcoin exchange-traded funds (ETFs) posted $465 million in combined outflows on July 23 and July 24. Redemptions hit $225.1 million on the first day and $240.08 million on the second, ending a seven-session run that had pulled in nearly $1 billion over the
Bitcoin remained above $64,000 during the weekend and even climbed to just over $65,000 on Monday, which crypto analyst Doctor Profit has identified as a crucial buying zone. He outlined the most significant range, which was strengthened by the presence of the 200-week moving average (MA200) running through its lower end. Historic Buy Zone The
Charles Hoskinson, the founder of Cardano and known as one of the most outspoken figures in the cryptocurrency market, made noteworthy statements about Bitcoin and $ADA. Speaking recently on The Starting Block program, Hoskinson stated that Bitcoin will face its biggest test with the development of quantum computing technology, and that if the network fails
Bitcoin’s BTC$65,094.85 options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet. The put/call ratio on open interest, which measures how much of the market is positioned in puts, contracts that pay off when the price falls,
Bitcoin surged above $65,000 after military clashes between the US and Iran eased for a second consecutive day. This also had a positive impact on altcoins, with Ethereum rising over 4% in the last 24 hours to above $1,960, while major altcoins like Solana and XRP gained between 1% and 2%. In contrast, international oil
The U.S.-listed spot bitcoin BTC$65,221.50 exchange-traded funds (ETFs) have logged their first three-week inflows streak since early May. These funds attracted $33.79 million in the week ended July 24. That figure would have been much bigger had it not been for net outflows of around $225.2 million and $240.1 million on July 23 and 24
Simon Gerovich, CEO of Japan-based investment company Metaplanet, said that there has been no fundamental change in the structure or logic of Strategy’s (formerly MicroStrategy) long-standing Bitcoin buying strategy. In his social media post, Gerovich emphasized that while market perception of Strategy’s approach has changed several times over the years, the company has consistently pursued