π BlackRock's Bitcoin ETF surpasses $2B in holdings, while GBTC outflows decrease by 50%.
With only 900 $BTC issued daily, BlackRock clients alone are buying 2-5x the total daily production of $BTC. At the same time, GBTC selling pressure appears to be easing. What does this mean for Bitcoin's price outlook? π€
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With only 900 $BTC issued daily, BlackRock clients alone are buying 2-5x the total daily production of $BTC. At the same time, GBTC selling pressure appears to be easing. What does this mean for Bitcoin's price outlook? π€
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Bitcoin traders dismiss $BTC price 2-week highs amid new liquidity drop
Bitcoin traders are pulling support from beneath the spot price now that $43,000 has been cleared, $BTC price analysis shows.
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Bitcoin traders are pulling support from beneath the spot price now that $43,000 has been cleared, $BTC price analysis shows.
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π Bitcoin braces for Fed's Powell as GBTC outflows creep past $340M
FOMC day is here, and risk assets including $BTC are feeling the pressure. What should you expect? π€
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FOMC day is here, and risk assets including $BTC are feeling the pressure. What should you expect? π€
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Price analysis 1/31: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT, LINK
Bitcoin's price is currently positioned at the midpoint of its monthly trading range, potentially signaling an opportunity for altcoins to maintain their upward momentum.
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Bitcoin's price is currently positioned at the midpoint of its monthly trading range, potentially signaling an opportunity for altcoins to maintain their upward momentum.
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$BTC price shows $60K 'potential' as MVRV metric copies Bitcoin bull cycles
Bitcoin may see rapid 50% gains if MVRV behavior repeats the 2016 and 2020 runs to BTC price all-time highs. π
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Bitcoin may see rapid 50% gains if MVRV behavior repeats the 2016 and 2020 runs to BTC price all-time highs. π
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Why is Ether (ETH) price up today?
The price of Ether is experiencing an uplift today, driven by a notable increase in network activity and growing anticipation of a spot Ethereum ETF approval in 2024. Ethereum's significant role as the leading layer 1 blockchain, highlighted by a surge in new ETH addresses and unique interactions, underscores this momentum.
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The price of Ether is experiencing an uplift today, driven by a notable increase in network activity and growing anticipation of a spot Ethereum ETF approval in 2024. Ethereum's significant role as the leading layer 1 blockchain, highlighted by a surge in new ETH addresses and unique interactions, underscores this momentum.
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πΈ Bitcoin approaches 150 days in a $5K $BTC price trading range
$BTC price highs and lows aside, Bitcoin is displaying what research calls βcharacteristic behaviorβ in the early innings of the bull market. π
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$BTC price highs and lows aside, Bitcoin is displaying what research calls βcharacteristic behaviorβ in the early innings of the bull market. π
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Price analysis 2/2: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT, LINK
This week, Bitcoin's price is exhibiting renewed strength, hinting at a potential rally towards its previous high above $45,000, as suggested by its historical bullish performance in February. This raises the intriguing possibility: will altcoins follow Bitcoin's lead, echoing its upward movement in the market?
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This week, Bitcoin's price is exhibiting renewed strength, hinting at a potential rally towards its previous high above $45,000, as suggested by its historical bullish performance in February. This raises the intriguing possibility: will altcoins follow Bitcoin's lead, echoing its upward movement in the market?
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Dogecoin network activity goes parabolic β Will DOGE price follow?
Dogecoin (DOGE) has seen a significant increase in network activity over the past week, with over 890,000 new addresses created, an 86% adoption rate for new users, and daily active addresses surging from 124,240 to more than 498,000.
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Dogecoin (DOGE) has seen a significant increase in network activity over the past week, with over 890,000 new addresses created, an 86% adoption rate for new users, and daily active addresses surging from 124,240 to more than 498,000.
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BlackRock and ProShares Bitcoin ETFs overtake GBTCβs daily trading volume
Bitcoin (BTC) traded between $42,580 and $43,422 on Feb. 2 as Grayscaleβs GBTC grapplehold over spot Bitcoin exchange-traded fund selling took a pause.
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Bitcoin (BTC) traded between $42,580 and $43,422 on Feb. 2 as Grayscaleβs GBTC grapplehold over spot Bitcoin exchange-traded fund selling took a pause.
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π 5 things to know in Bitcoin this week
Bitcoin price hovers around $43,000 as Chinese stocks are halted due to volatility, marking a wild start to the macro week. What price moves can we expect? π€π
1οΈβ£ $BTC Volatility Alert: Weekly close at $43K signals potential sell-off. Key level: $43,100. βοΈ
2οΈβ£ Pre-Halving Rally? Predicted choppy consolidation until March, then possible surge to $49K. π
3οΈβ£ BTC in ETFs: BlackRock and Fidelity own 75%. Total BTC in ETFs surpasses 3%. π°
4οΈβ£ China Stocks Crash: 8% drop halts 30% of stocks, adding pressure to Bitcoin and crypto. πΉ
5οΈβ£ Santiment Bullish Signal: Highest 1,000-10,000 $BTC wallets since Nov '22. π
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Bitcoin price hovers around $43,000 as Chinese stocks are halted due to volatility, marking a wild start to the macro week. What price moves can we expect? π€π
1οΈβ£ $BTC Volatility Alert: Weekly close at $43K signals potential sell-off. Key level: $43,100. βοΈ
2οΈβ£ Pre-Halving Rally? Predicted choppy consolidation until March, then possible surge to $49K. π
3οΈβ£ BTC in ETFs: BlackRock and Fidelity own 75%. Total BTC in ETFs surpasses 3%. π°
4οΈβ£ China Stocks Crash: 8% drop halts 30% of stocks, adding pressure to Bitcoin and crypto. πΉ
5οΈβ£ Santiment Bullish Signal: Highest 1,000-10,000 $BTC wallets since Nov '22. π
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$XRP Clawback nears 100% consensus β Will 'reversible' transactions boost price? π€
The Clawback proposal on the XRPL blockchain could enhance XRP's appeal to institutional investors, but the impact on price may disappoint bulls.
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The Clawback proposal on the XRPL blockchain could enhance XRP's appeal to institutional investors, but the impact on price may disappoint bulls.
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BTC price sets new February high as Bitcoin buyers target faraway $25K
Bitcoinβs price experienced a surge past $43,500 at the Wall Street opening on February 5, responding to turbulence in Chinese stock markets and marking a new high for February. The spike came amid a broader market reaction to an 8% drop in Chinaβs CSI 1000 index, leading to increased controls on short selling and sparking discussions about a potential recession in China, highlighted by a significant $7 trillion loss in market value over three years.
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Bitcoinβs price experienced a surge past $43,500 at the Wall Street opening on February 5, responding to turbulence in Chinese stock markets and marking a new high for February. The spike came amid a broader market reaction to an 8% drop in Chinaβs CSI 1000 index, leading to increased controls on short selling and sparking discussions about a potential recession in China, highlighted by a significant $7 trillion loss in market value over three years.
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Price analysis 2/5: SPX, DXY, BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE
The Bitcoin price remains in a holding pattern, facing headwinds from a strengthening U.S. dollar, despite altcoins showing signs of a rally. The S&P 500 Index reached new highs, even as Federal Reserve Chair Jerome Powell indicated no rate cut in March, though one is likely within the year.
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The Bitcoin price remains in a holding pattern, facing headwinds from a strengthening U.S. dollar, despite altcoins showing signs of a rally. The S&P 500 Index reached new highs, even as Federal Reserve Chair Jerome Powell indicated no rate cut in March, though one is likely within the year.
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Bitcoin price flirts with $43K, but derivatives data points to traders' low confidence
Bitcoin is grappling to maintain support at the $43,000 mark amid speculation of a dip to $40,000, influenced by Federal Reserve Chair Jerome Powell's recent remarks diminishing hopes for near-term interest rate cuts.
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Bitcoin is grappling to maintain support at the $43,000 mark amid speculation of a dip to $40,000, influenced by Federal Reserve Chair Jerome Powell's recent remarks diminishing hopes for near-term interest rate cuts.
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π 3 Bitcoin price forecasts calling new all-time highs and more in 2024
Bitcoin market participants see $BTC price easily hitting new all-time highs after its block subsidy halving β how high do they go? π€
1οΈβ£ Alan Tardigrade eyes $130,000 by year-end, spotting a "cup and handle" pattern on the weekly chart.
2οΈβ£ Charles Edwards predicts $280,000 in 2025, banking on historical post-halving returns.
3οΈβ£ Fred Krueger sees an ATH within 30 to 60 days, expecting a surge in USD inflows to drive Bitcoin's rapid ascent. π
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Bitcoin market participants see $BTC price easily hitting new all-time highs after its block subsidy halving β how high do they go? π€
1οΈβ£ Alan Tardigrade eyes $130,000 by year-end, spotting a "cup and handle" pattern on the weekly chart.
2οΈβ£ Charles Edwards predicts $280,000 in 2025, banking on historical post-halving returns.
3οΈβ£ Fred Krueger sees an ATH within 30 to 60 days, expecting a surge in USD inflows to drive Bitcoin's rapid ascent. π
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π Chainlink's 40% weekly rally might be a 'bull trap' for $LINK price
$LINK's weekly chart shows a growing divergence between its rising prices and declining relative strength index (RSI). π
This indicates that despite the rising prices, the momentum behind the buying pressure is weakening over the long term. π
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$LINK's weekly chart shows a growing divergence between its rising prices and declining relative strength index (RSI). π
This indicates that despite the rising prices, the momentum behind the buying pressure is weakening over the long term. π
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ETH price may repeat $2.7K January spike as Bitcoin cools β analysis
Ethereum (ETH) is drawing attention away from Bitcoin (BTC) as BTC's price stabilizes within a consolidation phase. Following the February 6 Wall Street opening, Bitcoin briefly touched the $43,500 level, but all eyes are now on Ethereum's potential for significant moves.
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Ethereum (ETH) is drawing attention away from Bitcoin (BTC) as BTC's price stabilizes within a consolidation phase. Following the February 6 Wall Street opening, Bitcoin briefly touched the $43,500 level, but all eyes are now on Ethereum's potential for significant moves.
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