Yesterday’s news from Dennis Porter was supposed to “cause a seismic shift in Bitcoin politics” and be “a defining moment” so important that “one of the largest broadcasting stations in the country” tried to scoop the announcement early. However, rather than a headline “to make the internet crash out” as Porter had promised, the Bitcoin
Bitcoin price managed to make its way above the $112,000 threshold, holding slightly below $113,000. After dropping below $110,000 amidst a sharp decline due to liquidations, is there still hope for a rally? Summary Bitcoin remains stable at the $112,000 mark, however it needs to climb above $114,000 to shoot up into the rally. Matrixport
In recent years, the global financial landscape has witnessed a major shift as Bitcoin, the world’s largest decentralized digital asset, often called ‘digital gold’, has grown from a niche experiment into a mainstream financial network with a market cap rivaling major global assets. As adoption accelerates, the next wave of innovation will come not just
On Wednesday morning, bitcoin finds itself in a dance between bullish hope and bearish hesitation. Trading just shy of key resistance, price action is stuck in a holding pattern that feels more like a chess game than a moon mission. Bitcoin The hourly bitcoin chart paints a clear double bottom near $111,115, offering short-term traders
Bitcoin and altcoins suffered a major crash yesterday, losing $1.7 billion in what was one of the biggest liquidations of the year. Bitcoin has disappointed investors with an 8.81% price drop since reaching a record high of $123.8,000 on August 14. Unlike the slow decline of the past few weeks, Monday saw a sizable drop,
Bitcoin’s implied volatility has fallen to its lowest level since 2023. According to on-chain analysts in a Wednesday research report, the direction of Bitcoin’s price will now depend on the future accumulation of open interest. MVRV Ratio Suggests a ‘Wait-and-See’ Approach Analyst ‘XWIN Research Japan’ pointed out that Bitcoin’s Market Value to Realized Value (MVRV)
Donald Trump’s ordered audit of crypto assets intended for a Bitcoin Reserve and Digital Asset Stockpile is now overdue by 172 days. The review, which was supposed to inspect the crypto holdings of various federal agencies, was due on April 5 after Trump issued his executive order. However, there have been no announcements from the
Bitcoin (BTC) has continued its price fluctuations in the last month, dropping 4% within the last seven days. Notwithstanding this volatility, Dan Tapiero, the founder of 50T Funds, has made a bold prediction about the future price of the asset. Tapiero believes Bitcoin could hit $1 million in the next 10 years. Dan Tapiero predicts
TL;DR: Bitcoin’s RSI divergence shows weakening downside momentum, hinting at a potential shift toward potential recovery. Short-term holders offloaded 30.9K BTC to exchanges, taking realized losses worth about $3.3 billion. Persistent negative exchange netflows point to accumulation, reducing supply available for immediate selling pressure. Bullish Divergence on the Chart Bitcoin is showing early signs of