After a few more modest acquisitions, the Michael Saylor-co-founded company is back with bigger purchases, this time spending over $340 million to expand its bitcoin holdings by 3,081 BTC. Consequently, Strategy’s total stash has grown to 632,457 BTC, acquired for $46.5 billion at an average price of $73,527 per bitcoin. This puts its unrealized profits…
Bitcoin’s current upward movement feels unusually slow compared to past cycles. Experts attribute the current sluggishness in the market to the OG whales. Willy Woo, for one, believes this cohort of early investors has slowed BTC’s growth, as the market struggles to absorb their massive profit-taking. Bitcoin’s Sluggish Uptrend In his latest post, prominent on-chain…
TL;DR Bitcoin futures opened with a large CME hole, sparking debate on the potential for fast fills close to $116,700. Whale dumped 24,000 BTC price $2.7B, triggering $4,000 worth drop and a liquidation cascade. Analysts spotlight a $111,900 help zone, with deeper ranges close to $103K if promoting strain continues. CME Hole Formation Bitcoin futures…
Bitcoin’s jump from Friday was short-lived as the asset was not only stopped at $117,000 during the weekend, but it took another turn for the worse on Sunday evening and Monday morning. Most altcoins have followed suit by turning red, with ETH dropping by over 3% daily, while XRP has slipped below the crucial support…
Your complete cryptocurrency market headed straight south on Sunday night, led by an enormous value drop from the most important of the bunch. Bitcoin’s value had calmed at round $115,000 all day with little to no strikes in both path, however abruptly plunged to its lowest value stage since July 10. BTCUSD. Supply: TradingView Recall…
Bitcoin’s price market has entered an uncommon part, elevating questions concerning the destiny of the charges and their implications for the community’s financial safety. Because the decline in non-monetary exercise like Ordinals and Runes in late 2024, on-chain utilization has dropped sharply. The end result has been a rising variety of blocks that clear at…
Bitcoin’s (BTC) momentum has cooled down in current weeks as buyers persist in locking in earnings. Slowing demand has additionally contributed to the calm down, with present figures about two-thirds lower than final month’s information. In line with the weekly report from CryptoQuant, the Bitcoin market has moved from an additional bullish to a bullish…
TL;DR Bitcoin charts point out a confirmed inverse head and shoulders sample with a breakout retest holding close to $115K. Futures sentiment index flips constructive after 5 bearish days, easing short-term strain on Bitcoin markets. Worth consolidates between $112K–$124K, whereas technical patterns recommend scope for one more upward breakout. Double-Backside Constructions in Play Bitcoin has…
Bitcoin’s worth actions have calmed over the weekend because the asset has stalled across the $115,000 mark following the large volatility skilled on Friday. Most altcoins are additionally sluggish on a every day scale, which is why we’ll concentrate on their weekly performances, and OKB stands in a league of its personal. BTC Stalls at…
Bitcoin has emerged as one of many go-to cryptocurrency property for treasury methods by completely different firms previously few years. This development has intensified just lately, and listed below are among the newest additions. Slowly Climbing Up One of many more moderen procurements comes from Ming Shing Group, a publicly traded Hong Kong-based firm listed…