Bitcoin price remains under selling pressure as oil prices climb 11% to surpass $111 on Friday amid escalating US-Israeli war against Iran. In a dramatic diplomatic standoff at the United Nations Security Council, countries such as Russia, China, and France have blocked an Arab-backed resolution to use military force against Iran to reopen the Strait
Recent analyses of Bitcoin’s price in the cryptocurrency market point to a significant resistance zone. According to a report based on CryptoQuant data, Bitcoin could face strong selling pressure between $71,000 and $81,000. According to the analysis, the main reason for this resistance zone is the weakening demand from large-scale investors. Specifically, “whale” wallets holding
US households now have a larger share of their net worth tied to the stock market than at any point in modern history. The figure stands at 25.63% of total household net worth, eclipsing the Dot-Com Bubble high of 19.56% and the 1968 peak of 22.01%. US Household Equity Exposure. Source: X/The Kobeissi Letter The
A whale accumulated more than 2,000 Bitcoin ($BTC) put contracts overnight, targeting a move below $66,000, just as over $2.15 billion in Bitcoin and Ethereum ($ETH) options settle on Deribit today, April 3. The back-to-back repositioning signals that at least one large player sees downside risk in $BTC’s current price range, even as call open
According to a recent report published by Bloomberg, the long-dormant wallets belonging to Satoshi Nakamoto, the pseudonymous creator of the original cryptocurrency, could be in the crosshairs of future hackers. It was previously assumed that Satoshi Nakamoto’s Bitcoin wallets would never be moved or sold. The mysterious Bitcoin creator handed over the project in 2011
In a landmark development for digital asset markets, Tether’s monumental $500 billion valuation funding round has entered its decisive final phase. According to a recent report from The Information, the stablecoin issuer now requires investor commitments within a strict two-week deadline. This accelerated timeline signals a pivotal moment for the cryptocurrency industry’s most dominant dollar-pegged
Crypto wallets were originally built around coins and tokens. Now some are trying to turn themselves into broader financial apps by giving users access to tokenized versions of traditional assets. Bitget Wallet’s latest push is into tokenized U.S. equities, described in a recent TheStreet Roundtable interview with their COO, Alvin Kan. The idea is not
Crypto analyst Minga has predicted that the Bitcoin price could rally past $120,000 to a new all-time high ($ATH) of $190,000 in the next bull cycle. The analyst also indicated that now is a good time to buy as $BTC approaches a bottom. Analyst Gives Buy Signal as Bitcoin Price Approaches Bottom In an X
Bitcoin’s [$BTC] market structure is facing a key test. Recent data indicates a clear shift in whale behavior as large holders are no longer accumulating; instead, they are distributing. Whale trend turns structurally bearish According to the recent data, addresses holding between 1K–10K $BTC have flipped to net sellers. Over the past year, whale holdings
Technology investment platform Fundrise is partnering with crypto exchange Kraken to tokenize shares of its Fundrise Innovation Fund VCX, according to reporting from Crowdfund Insider. The deal will see the publicly listed VCX vehicle, which trades on the NYSE, wrapped into a blockchain-based representation on Kraken’s tokenized equities venue xStocks under the ticker VCXx. Kraken’s