Bitcoin looks back into the zone, $70k, the strongest physiological zone has been crossed. Despite the fearful global equity now, falling metal prices like silver, the capital seems to be driven towards the Cryptocurrency Bitcoin. As seen yesterday, Bitcoin was already registering positive funding rates, positive inflow of all 12 active Bitcoin spot ETFs, and
Story Highlights Bitcoin is up 10% since the Iran strikes while almost every other asset is moving the opposite way. $8.9 billion left Bitcoin ETFs during the correction but institutions are now bringing it back. One key price zone will decide whether this is a real recovery or just another bounce. Stocks are falling. Silver
In a significant move for cryptocurrency utility, the Bitcoin payment application Strike has launched a service allowing users to borrow cash against their Bitcoin holdings. The company, founded by Jack Mallers, announced the development on social media platform X, revealing an annual interest rate of 13% for these collateralized loans. Initially available only in Massachusetts
As the US-Iran conflict continues, risk perception in global markets presents a complex picture. Conflicts in the Middle East have driven up oil prices, raising concerns that inflation could accelerate again. With talk of a Fed interest rate hike even circulating, Binance Research has shared its latest analysis. Binance Research, the research arm of Binance,
Bitcoin, the leading cryptocurrency, is preparing to pass an important technical and economic milestone, as according to blockchain data, the total number of issued coins will reach 20 million this week, according to Blockchain. Right now, about 19,997,000 $BTC are in circulation, and if the current block generation speed remains the same, meaning about 10
BlackRock has moved a large amount of Bitcoin through Coinbase Prime. It draws attention across the crypto market. Blockchain data shared on March 4. It shows the asset manager moved thousands of $BTC within a short period. According to Arkham Intelligence, BlackRock deposited about 567 $BTC to Coinbase Prime. 🚨NEW: BLACKROCK MOVES 3,810 $BTC IN
Bitcoin $BTC$68,503.15 surged Wednesday, underscoring it’s growing resilience to turmoil in the Middle East, while gold, a traditional safe haven, lagged. The leading cryptocurrency by market value rose to $71,023 during the European hours, up over 6% on a 24-hour basis, according to CoinDesk data. Other majors such as ether (ETH), $XRP ($XRP) and solana
Bitcoin and altcoins have experienced a major correction since October. Bitcoin has fallen by approximately 50% from its October peak of $126,000, while altcoins are also having arguably their worst days. In contrast, gold hit new records during this period. While the divergence between Bitcoin and gold continues to be discussed, some argue that China
Bitcoin traded near $68,200 on Wednesday as global markets reacted to a sharp sell-off in South Korea’s stock market and rising geopolitical tension in the Middle East. The cryptocurrency rose about 0.7 percent in the past 24 hours after briefly slipping below $67,500 earlier this week. Data shows Bitcoin held above a 24-hour low of
Bitcoin’s price went through some intense volatility in the past week or so, especially since the attacks between Israel and the USA on one side, and Iran, on the other began on Saturday morning. Within this timeframe, the asset tried to reclaim the coveted $70,000 level on a couple of occasions, but to no avail.