The ongoing economic and geopolitical tensions have fueled demand for safe-haven assets, with Bitcoin, gold, and the Swiss franc being in the driver’s seat. While Bitcoin’s (BTC) price has pulled back recently, it remains much higher than the year-to-date low. Also, Bitcoin ETFs continue to add assets this year, with their cumulative inflows rising by
Cryptocurrency analyst Timothy Peterson offered a compelling assessment of Bitcoin’s performance on September 8. According to Peterson, historical data suggests that September 8 was one of the worst days for Bitcoin. The analyst stated, “Bitcoin has an average 53% chance of rising on any given day, with a typical gain of around 0.10%. However, the
With the crypto market showing signs of a potential rebound, Bitcoin and other top altcoins have moved to the green zone. Amid this positive price trajectory, Bitcoin whales appear to have relented from market sell-offs as data provided by on-chain monitoring firm Whale Alert shows major BTC buy activity. The source revealed it has spotted
Bitcoin hovered at $111,092 per coin on Saturday, holding ground in a narrow $110,032 to $111,369 range despite fading momentum. With a market cap of $2.21 trillion and $22.66 billion in daily trading volume, the world’s largest cryptocurrency is consolidating as bulls prepare for a potential push past resistance. Bitcoin On the daily chart, bitcoin
Tether CEO Paolo Ardoino has denied recent rumors that the stablecoin issuer is offloading its Bitcoin holdings to buy gold. In a Sunday post on X, Ardoino said the company “didn’t sell any Bitcoin,” and reaffirmed its strategy of allocating profits into assets like “Bitcoin, gold, and land.” The comments came in response to speculation
Bitcoin’s illiquid supply—the portion of coins held by entities with little history of spending—has climbed to a new record high, surpassing 14.3 million BTC in late August, according to Glassnode. With 19.9 million BTC currently in circulation, around 72% of the total supply is now illiquid, held by entities such as long-term holders and cold
Bitcoin is in no rush to pick a direction. The world’s largest cryptocurrency has been bouncing between support and resistance. Right now, Bitcoin is holding support between $106,700 and $107,600. Every dip into this zone has been met with buying. On the other side, resistance around $113,000 to $113,500 has been tough to break, keeping
Christian Catalini, the co-creator of the Diem project and the chief strategy officer at the crypto firm Lightspark, is outlining how the corporate world should tackle Bitcoin (BTC). In a post for the Harvard Business Review, Catalini says that the financial world is moving toward a “money-as-software” thesis, with the Bitcoin network positioned as the
Billionaire investor Ray Dalio issued a stern warning about the possibility of a Fed interest rate cut. According to Dalio, a rate cut could lead to a depreciation of the dollar and a drop in stock prices. Speaking during a Reddit Q&A session, Dalio said, “If the Fed cuts interest rates, short-term rates and the