Bitcoin eased again this week after a recent peak, however a loud bullish pitch is making rounds. In line with market updates, the coin hit about $124,390 earlier than slipping to $114,158 after which nudging as much as $115,285 at press time. Primarily based on stories from a chart-focused analyst who goes by AO, Bitcoin…
The crypto market slid into the week in a holding sample, with value motion grinding sideways and positioning more and more tethered to 1 catalyst: Federal Reserve Chair Jerome Powell’s remarks on the Jackson Gap Financial Coverage Symposium. “The one massive, massive occasion goes to be this,” stated analyst Josh Olszewicz in his August 18…
CryptoQuant has pushed again on fashionable Bitcoin “provide shock” claims, revealing BTC exiting exchanges is simply shifting to ETF custody. Bitcoin Leaving Exchanges Has Simply Moved Into ETFs In a brand new post on X, on-chain analytics agency CryptoQuant has addressed a preferred concept that’s current amongst cryptocurrency merchants: {that a} decline within the Alternate…
Bitcoin (BTC) is attempting to reclaim a crucial level as support after bouncing from the recent drop below $115,000. Nonetheless, some analysts warned that the cryptocurrency is entering a corrective phase with a potential 15%-25% drop. Bitcoin Risks Drop Below $110,000 On Monday, Bitcoin fell below the $115,000 level for the first time in nearly…
A veteran Bitcoin developer has ignited controversy after promoting a Joker-themed meme coin in exchange for $5,000, a move that triggered wild price swings and divided the crypto community. Peter Todd, who contributed to Bitcoin’s early development, endorsed the “HAHA” Pump Fun token on X on Aug. 17. His post read, “One bad day… one…
The cryptocurrency market is experiencing significant price declines, particularly among the three largest digital assets: Bitcoin (BTC), Ethereum (ETH), and XRP. Following record-breaking rallies in the previous week, these cryptocurrencies have seen notable losses, with Ethereum down 5.2%, XRP dropping 3.8%, and Solana (SOL) slipping 6%. Even memecoin Dogecoin (DOGE) has not been spared, losing…
Strategy Inc. has bought more Bitcoin while markets wobble, adding another small slice to its vast crypto treasury. According to the company, it purchased 430 BTC for about $51.4 million, at an average price near $119,666 per coin. The move keeps Strategy in its familiar role as one of the largest corporate holders of Bitcoin….
The crypto market continues to be in slight bearish mode as Bitcoin slipped below $115,000 and Ethereum fell under $4,200, contributing to over $400 million in liquidations in the past 24 hours. Most sectors saw declines, with DeFi and Meme tokens dropping more than 2%, while the PayFi sector remained relatively resilient. Despite the broader…
Japanese Bitcoin treasury company Metaplanet has announced a fresh BTC acquisition, adding $93 million worth of the asset to its reserves. Metaplanet Has Expanded Its Bitcoin Treasury Holdings As revealed by Metaplanet president Simon Gerovich in a new post on X, the company has acquired another 775 BTC. The purchase occurred at an average price…
The crypto asset investment market experienced its first weekly outflows in over three months, according to the latest data released by CoinShares, a leading European asset manager specializing in cryptocurrencies. The firm’s weekly report shows that digital asset investment products recorded net outflows of $223 million during the past week, halting a 15-week streak of…