Bitcoin is currently locked in a tight consolidation that has lasted for over two weeks, trading within a narrow range just below its local highs. While volatility has diminished, suggesting that a breakout—or breakdown—may still take time to materialize, on-chain data reveals a more dynamic picture beneath the surface. According to key metrics from CryptoQuant,…
As Bitcoin (BTC) continues to consolidate slightly below the $120,000 level, the dominance of new investors is steadily rising. However, on-chain data shows that BTC is still far from overheating, suggesting the premier cryptocurrency may have more room to run before a significant correction sets in. Bitcoin May Still Have Some Room To Run According…
The latest What Bitcoin Did episode, hosted by Danny Knowles, turns squarely to the question stalking one of the market’s hottest trades: can the boom in “Bitcoin treasury” companies withstand the next prolonged drawdown? Dylan LeClair, who helps lead the Bitcoin strategy at Tokyo-listed MetaPlanet, argues the answer rests less on ideology than on balance-sheet…
In a post shared on TradingView, crypto analyst Xanrox argues that the current bullish cycle is nearly over, pointing to a potential downtrend that would see the Bitcoin price crash to $60,000. This analysis comes as Bitcoin is trading within a very quiet phase, prompting many crypto traders and crypto analysts to start reassessing its…
Bitcoin’s new investor dominance is gaining momentum just as the asset consolidates in a tight range, setting the stage for a major breakout. After more than two weeks of sideways movement between $115,000 and $120,000, BTC continues to trade within this well-defined range—building pressure that typically precedes a sharp move. Data from CryptoQuant highlights a…
A 163-page report that the Trump administration billed as a “roadmap” to make the United States the “crypto capital of the world” landed on 30 July with sweeping proposals for regulation, taxation, and market structure. Yet for traders hoping to learn how many Bitcoin the federal government already owns—or how it intends to buy more…
Phoenix Group, a publicly listed Bitcoin mining company based in Abu Dhabi, has unveiled a $150 million strategic cryptocurrency reserve, making it the first firm on the Abu Dhabi Securities Exchange (ADX) to hold a digital asset treasury. Key Takeaways: Phoenix Group has launched a $150M crypto reserve, becoming the first ADX-listed firm to hold…
Billionaire hedge fund manager Ray Dalio is changing his tune on Bitcoin again. The founder of Bridgewater Associates now recommends investors allocate up to 15% of their portfolio to Bitcoin or gold to hedge against inflation and surging US debt. That’s a big jump from his 2022 advice, which capped BTC exposure at 2%. Why…
JPMorgan & Coinbase have announced a partnership that will allow Chase customers to link their wallets to the bank and convert rewards to crypto. JPMorgan Has Partnered Up With Crypto Exchange Coinbase As announced via a press release, JPMorgan and Coinbase have made a strategic partnership to roll out a set of features aimed at…
As more investors look to enter the cryptocurrency market, two primary methods have emerged: purchasing coins directly from exchanges like Coinbase or Binance, or investing in publicly-traded companies that hold significant amounts of crypto on their balance sheets. According to a recent informative report by Fortune, the latter approach has garnered considerable attention and has…