CryptoQuant, a cryptocurrency analysis platform, stated in its latest assessment of the Bitcoin market that there has been a noticeable divergence in stablecoin liquidity, indicating that the market is entering a transition phase. According to the 30-day flow data shared by the company, while inflows into Tether remain relatively stable, more significant and persistent outflows
An early Bitcoin holder controlling 2,100 $BTC worth $148 million has resurfaced after 14 years of inactivity and moved a small fraction of the stash, according to data tracked by Lookonchain. A whale wallet 1NB3ZX, holding 2,100 $BTC($148M), woke up after 13.7 years of inactivity and transferred out 0.00079 $BTC($56). This whale received 2,100 $BTC
A Bitcoin mining company linked to the Trump family is growing fast. The firm, called American Bitcoin, now holds 6,899 $BTC. At current prices, this is worth around $450 million to $480 million. This puts the company among the top corporate Bitcoin holders in the world. AMERICAN BITCOIN IS MINING AND HOLDING $450M $BTC The
Despite some bouts of heightened volatility, Bitcoin ($BTC) has somehow managed to keep its head above water this month, being up more than 4% at the time of writing. However, all the uncertainty regarding the current geopolitical situation continues to cloud the asset’s near-term outlook, even as institutional appetite grows. Bitcoin has also been trading
Bitcoin trades within a tight range as buyers defend support, while resistance above keeps the market cautious and awaiting a clear breakout direction. Bitcoin ($BTC) is trading near $70,606 at press time, down 0.1% over 24 hours, after a volatile intraday session between $68,933 and $70,931. The chart shows an early drop below $68,900, followed
Bitcoin climbed to highs over $71,000 Friday morning, recovering from earlier weakness as efforts continued to stabilize oil supplies disrupted in the Strait of Hormuz. The cryptocurrency is currently trading at $70,547, flat on the day according to CoinGecko data, after reaching an intraday high of $71,261 early Friday. The cryptocurrency’s price bounce came after
Bitcoin trades at $70,853, up 1.34%, recovering from Thursday’s lows after Britain, France, Germany, Italy, the Netherlands, and Japan issued a joint statement condemning Iran’s attacks and announcing collaborative efforts to secure passage through the Strait of Hormuz. WTI crude fell nearly 2% to $93.80 on the news. Oil down means risk assets up, and
Bitcoin is under pressure again as it struggles to hold a key support level after its recent breakout. The price has dropped from a monthly high of $76K to below $71K, bringing it back to the important 200-week EMA that traders closely watch. This level has often marked major bottoms in the past, making the
A significant option expiration occurred in the cryptocurrency markets today, with approximately $1.97 billion worth of Bitcoin ($BTC) and Ethereum ($ETH) options reportedly expiring and entering settlement. Markets are now focused on the major quarterly contract expiry date next week. According to Greeks.live data, 23,000 $BTC options reached expiration today. The total nominal value of
Bitcoin price marched back above $70,000 on Friday morning, erasing part of the losses seen over the past two days. However, its momentum quickly gave up as Asian tech stocks dropped lower. Summary Bitcoin rebounded above $70,000 after an 8% drop, supported by dip buying despite rising geopolitical tensions and inflation concerns. Risk sentiment weakened