Bitcoin recently climbed back above $64,000, showing resilience despite a weak US equity market and rising long-term Treasury yields. Analysts suggest this marks an accumulation phase, with large holders buying after months of selling and regulatory clarity improving following the SEC's new crypto asset proposal. While the market remains range-bound between $62,277 and $66,803, a sustained break above $66,803 could signal a bullish trend. Investors should watch for continued institutional demand and ETF flows as key indicators of Bitcoin's next move.
Vaneck reports that Bitcoin's prolonged 11-month price correction might be nearing its end, with 8 out of 12 capitulation signals currently active. Long-term holders have sold 356,000 BTC in the past 30 days, reducing their supply share below 60%, a ...
Bitcoin's price remains stable around $64,261 with minimal gains, while whale wallets and exchange outflows indicate accumulation rather than selling. Miner reserves are steady, supporting a neutral to positive market outlook despite limited price mo...
XRP price held steady around $1 as a significant White House meeting took place involving regulators, crypto executives, and financial institutions to discuss cryptocurrency regulation and market infrastructure. The meeting included figures from the ...
Early Uber investor Jason Calacanis doubts Bitcoin can reach $250,000 or $1 million, arguing that Michael Saylor's aggressive accumulation and complex financial strategies have disrupted the Bitcoin market. Calacanis criticizes MicroStrategy's approa...
Bitcoin surged past $65,000, its highest since mid-August, driven by a rebound in US equities and easing geopolitical tensions. Spot Bitcoin ETFs in the US saw nearly $300 million in net inflows, signaling renewed institutional interest. Technical an...
