Institutional investment firm Strategy announced that it purchased a total of 397 Bitcoin (BTC) between October 27 and November 2. The company’s average purchase price was $114,771, while the total investment amount was recorded as $45.6 million. We stated in our morning news that a purchase might be made: Strategy Buys 397 Bitcoins Worth $45.6
Cryptocurrencies fell to begin the week in red, extending the price drop from the past few weeks, which resulted in the market’s worst October in years. At press time, Bitcoin was trading down 3.18% in the last 24 hours and down 6.99% in the last seven days. The market drop came with no immediate catalysts,
Bitcoin is trading at $107,400 at press time, down 3% in the past 24 hours and 7% over the last week. Traders are watching key price levels as the market tests long-term support. With volatility dropping and volume remaining high, several analysts are pointing to this monthly close as a potential turning point. Fibonacci Support
Bitcoin has treated $106,400 as a pivot across the current cycle, acting as both resistance and support. Price has repeatedly clustered near the level, cleared it on retests, and expanded toward the next channel bands, while breaks below the level often required a repair phase before any advance. My charts below show price channels that
Public companies hold over 1 million BTC, with 90.4% of those holdings concentrated in the US. This surge in corporate Bitcoin treasuries comes as industry leaders suggest these entities could bring long-term discipline to a sector known for volatility. The increasing corporate adoption of Bitcoin has reignited debate. Investors are questioning whether Bitcoin can compete
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The crypto market entered November under heavy selling pressure as $Bitcoin briefly dipped below $108,000, sparking renewed fear among traders. According to on-chain data, an insider — the same trader who shorted before the last flash crash — has started selling again, dumping over 12,500 BTC worth roughly $1.4 billion in just a few hours.
Today as well, the price of Bitcoin (BTC) is declining. During the weekend, it seemed to have stabilized, but most likely the crypto markets made a big mistake yesterday. However, there are signals indicating a possible rebound in the second half of the month. Summary The Mistake of Crypto Markets The trend of BTC price
Jordi Visser, financial analyst and former president of Weiss Multi-Strategy Advisers, explained bitcoin’s price movement, saying it has entered a distribution phase after a silent IPO as initial investors sell part of their gains and a new guard takes the torch. Bitcoin Going Sideways Explained: A Silent IPO and the Changing of the Guard The
As the cryptocurrency market experiences a notable sell-off, whales have been offloading massive amounts of Bitcoin (BTC), contributing to bearish sentiment. Specifically, long-term holders have deposited roughly 13,000 BTC, valued at $1.48 billion, to major exchanges including Kraken, Binance, Coinbase, and Hyperliquid since October 1, according to the latest on-chain data retrieved from Arkham by