Bitcoin (BTC) is gaining bullish momentum with nearly 12% gains in the past month, supported by rising ETF inflows totaling $1.7 billion and increased whale accumulation of 10,000 BTC in May. Open interest in Bitcoin futures has also jumped 49% since March, signaling improved market sentiment. BTC is approaching a critical resistance at the 50-week EMA near $85,700, which will determine if the rally continues or a correction occurs. Despite macroeconomic uncertainties and geopolitical tensions, the combination of strong whale activity, ETF investments, and technical signals suggests a potential rise above $85,000 in the near term, possibly triggering a strong rally.
Bitmine Immersion Technologies Inc. reported $45.7 million in revenue from Ethereum staking in Q3 2026, marking a major shift from bitcoin mining to digital asset management. The company now holds 5.4 million ether valued at $10.85 billion, making it...
Abraxas Capital moved 618 BTC worth about $40 million onto Kraken, likely preparing to sell, while withdrawing 8,153 ETH valued at $15.3 million from Binance and Bybit, signaling a possible shift from Bitcoin to Ethereum. This $55 million transaction...
Bitcoin's price surged above $65,000, reaching a high of $68,560, marking a 29% recovery from its recent low. This rally is driven by $1.2 billion inflows into spot Bitcoin ETFs, reflecting renewed institutional optimism at an average cost basis of $...
Bitcoin has surpassed important resistance levels and formed a bullish reversal pattern, signaling potential gains. The critical level to watch is $65,000; a firm hold above this could lead Bitcoin toward $67,000 and then $70,000. However, if Bitcoin...
Several cryptocurrencies have challenged Bitcoin by focusing on specific features: Monero offers strong transaction privacy, Bitcoin Cash provides cheaper payments, tokenized gold delivers price stability, and stablecoins handle large transaction vol...
