Bitwise Chief Investment Officer Matt Hougan says the long-observed four-year crypto cycle may no longer apply to the current market. In a recent discussion with Bitcoin advocate Kyle Chassé and Bloomberg ETF analyst James Seyffart, Hougan argued that the historical pattern is breaking down, and a longer, more sustained growth phase could be on the…
DigitalX Limited, an Australian digital Investment manager, has made headlines with a new Bitcoin (BTC) acquisition, signaling renewed institutional confidence in the market. The ASX-listed crypto fund manager has expanded its Bitcoin treasury by a whopping 74.7 BTC, marking a significant addition to its already existing holdings. DigitalX Buys 74.7 BTC In a recent X…
Data shows the Bitcoin Open Interest shot up to a new all-time high (ATH) even as the cryptocurrency’s price saw a retrace to $115,000. Bitcoin Open Interest Has Gone Against The Price Trend As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Open Interest has witnessed a sharp surge alongside the latest…
The Bitcoin price action remains caught in a tug-of-war between bearish and bullish sentiment, with the cryptocurrency now forming a descending triangle pattern that has encountered significant resistance at the trendline. Currently, the Bitcoin critical support zone lies between $115,000 and $116,000, where bulls have mounted a strong defense. This resilient support has sparked optimism…
Bitcoin’s recent powerful rally may have slowed down, but the crypto king continues to show the potential for an upward trend continuation. Following the remarkable upsurge in BTC’s price over the past few weeks, its net realized profits have increased sharply, leading to a significant wave of profit-taking. A Notable Rise In Bitcoin Net Realized…
Over the past 24 hours, the cryptocurrency market capitalization has dropped by another 5.1%, moving further away from the recently reached $4 trillion, now standing at $3.84 trillion. Overall, the market is down today. The majority of the top 100 coins per market capitalization are still red since yesterday. At the same time, the total…
Bitcoin’s old four-year rhythm has been upended, according to CryptoQuant CEO Ki Young Ju. He argued on Thursday that the crypto’s cycle is no longer in existence, driven out by big players stepping in. His latest comments follow a public rethink after he called a market top just a few months ago and got it…
Bitcoin is undergoing a notable pullback after trading within a tight consolidation range for the past two weeks. The price has dropped approximately 6% from its recent all-time high of $123,000, sparking increased volatility and growing debate among analysts. This correction, while still within historical norms, has prompted deeper reflections on market structure. Amid the…
The International Monetary Fund has drawn a sharp line under the latest bout of speculation over El Salvador’s Bitcoin strategy, telling reporters that the Central American nation has not added to its sovereign stash. Apparent increases in the Strategic Bitcoin Reserve Fund (SBRF), the IMF said, merely reflect “movements across various government-owned wallets” and leave…
Bitcoin is making its first meaningful move since breaking its all-time highs and reaching the $123,000 level. After consolidating in a tight range for nearly two weeks, the price is now pulling back toward $115,000—marking a 6% decline from recent highs. While this retracement has stirred caution among short-term traders, data suggests there is little…