Bitcoin whales have purchased around 30,000 BTC tokens valued at approximately $1.9 billion in early August, indicating strong institutional interest despite recent price volatility. Additionally, Bitcoin ETFs saw net inflows of $850 million last week, reversing prior outflows from May and June. Technical indicators suggest a bullish pattern forming, with Bitcoin potentially set to break above $66,000 and retest its 200-day moving average near $72,000, possibly reaching $75,000 if the trend continues. This activity points to a possible end to the recent downtrend and a renewed upward momentum for BTC in the coming weeks.
Bitcoin recently closed above its 50-week moving average for the first time in 45 weeks, a key technical indicator suggesting the bear market may be over. The cryptocurrency rose nearly 6% in the week, trading around $81,450, and has gained 29% over ...
Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...
Strategy (MSTR) stock surged 16.39%, closing at $153.92 after heavy trading volume more than doubling its average daily shares. The rise is closely tied to Bitcoin's price, as Strategy holds around 845,000 BTC worth about $69 billion, making Bitcoin'...
Bitcoin's price surged above $81,000 following the Federal Reserve's 25 basis point rate increase, despite the Senate's failure to advance the Digital Asset Market CLARITY Act. Arthur Hayes, BitMEX co-founder, argues that the rate hike, which increas...
Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...
