Bitcoin briefly fell below the $80,000 mark but quickly recovered as large investors (whales) bought 20,000 BTC this month, showing strong accumulation. Despite some investor caution and a recent pullback, technical indicators suggest the rally remains intact with potential to reach $85,000 soon. Key support levels to watch are $77,000 and $72,000, with a break below these risking a deeper drop. Overall, Bitcoin is positioned for a possible major upward move if it breaks above the 200-day EMA, signaling the end of the bear market.
Bitcoin surged above $81,000 and Ethereum rose over 2% following the Senate Banking Committee's advancement of the Clarity Act, which is expected to improve crypto regulation and boost institutional adoption. XRP saw a notable 6% increase, reflecting...
Bitcoin surged over $2,000 in four hours on May 14, breaking above $82,000 and triggering a $145 million short squeeze. This rally followed a volatile session impacted by U.S. inflation data and was boosted by optimism around President Trump's China ...
CME Group plans to introduce Nasdaq CME Crypto Index futures on June 8, pending regulatory approval. This new market-cap weighted product offers institutional investors exposure to seven major cryptocurrencies, including XRP, Bitcoin, Ethereum, Solan...
Mark Yusko, founder of Morgan Creek Capital, believes Bitcoin has likely bottomed near $60,000 despite recent $630 million Bitcoin ETF outflows, which he attributes to institutional arbitrage rather than investor panic. He warns that broader market r...
Metaplanet reported a $750 million net loss in Q1, mainly due to the crypto market downturn affecting its Bitcoin holdings. The company planned to issue preferred stocks to fund Bitcoin purchases and reduce share dilution, similar to Strategy's succe...
