Upcoming Stealth Bitcoin Bull Run: Fidelity Advises Staying Alert
Fidelity Digital Assets Highlights Bitcoin Trends Fidelity Digital Assets recently shared insights on Twitter, emphasizing significant changes in Bitcoin’s value. The cryptocurrency has seen a rise of approximately 63% since the last halving in 2024, with around 27% of this halving period completed. This announcement coincided with the release of their report titled “2024 Bitcoin […]
Bitcoin Buyers Take Charge as Spot CVD Signals Positive Change Above $110,000
Bitcoin Hits New All-Time High Recent technical data indicates a strong buyer presence in the cryptocurrency market, as Bitcoin (BTC) skyrocketed to an impressive all-time high of $111,980 on the Binance Crypto Exchange yesterday. If the current trend keeps up, we might see even more price increases for BTC in the near future. Buyers Regain […]
Bitcoin ETFs see $2.75B in weekly investments while the price remains over $108K
This week, US Spot Bitcoin Exchange-Traded Funds (ETFs) saw inflows totaling $2.75 billion, coinciding with Bitcoin surpassing its previous high from January, which was $109,000. To put that in perspective, the inflow figure was nearly 4.5 times the $688 million from the previous week for Spot Bitcoin ETFs. BlackRock Bitcoin ETF Sees Continued Inflows On […]
Armando Pantoja claims JPMorgan influenced Bitcoin market access.
Recent developments suggest JPMorgan Chase is allowing its clients to invest in Bitcoin. This move is noteworthy, especially since Armando Pantoja, a crypto investor, claims he’s observed these dynamics for years. Pantoja expressed skepticism about Jamie Dimon’s sincerity regarding the bank’s stance on cryptocurrency. “I didn’t think he really believed what he was saying,” he […]
Can Bitcoin supporters reach $110K before the $13.8B options expiration?
Bitcoin Bulls Set Sights on $110,000 by May 30 Bitcoin Bulls aim to push BTC above $110,000 by May 30, leveraging a sizable $4.8 billion in call options. Strong inflows into spot BTC ETFs and a lack of substantial bearish put positions provide a favorable edge for the Bulls as expiration dates approach. With the […]
Bitcoin and MicroStrategy are not performing as they once did.
Bitcoin and MicroStrategy Experience Unusual Calm A recent study by 10x Research reveals that Bitcoin and micro-tactics are currently in a rare, mild period, exhibiting the lowest volatility seen in over a year. The 30-day volatility of Bitcoin has dipped to 37, while MicroStrategy’s volatility has decreased to 60, down from a high of 168 […]
Semler Scientific, a publicly traded company, acquires more Bitcoin while facing scrutiny from a law firm.
Simply put The law firm is investigating whether Semler Scientific is complying with securities laws and other business practices. Bragar Eagel & Squire has urged shareholders of Semler to reach out to their lawyers regarding potential losses. This week, Semler revealed it has invested an additional $50 million in Bitcoin, increasing its total value of […]
Bitcoin: Is a Drop After Its Peak Coming? XRP About to Face a Key Trend Test, While Solana’s $200 Rise Approaches
XRP Prepares for the Fight Recently, Bitcoin hit an impressive peak at $112,000, sending the market into a frenzy. But now, it seems like it’s running out of steam—just as quickly as it rose. There are signs of a potential reversal on the daily charts, with recent candlestick patterns hinting at a rejection from those […]
Texas governor shows backing for Bitcoin reserve legislation.
Texas Moves Towards Cryptocurrency Reserve Texas Governor Greg Abbott has expressed his support for a new bill approved by the state House of Representatives that aims to create a strategic cryptocurrency reserve. On May 22, Abbott posted an update regarding Texas legislators’ efforts to establish Bitcoin (BTC) reserves. It’s noted that the decision to pass […]
Bitcoin and Ethereum ETFs Gain Over $1 Billion Together in Just One Day
Simply put Bitcoin reached a record high this week, while Ethereum had a notable increase in early May. Price surges for Bitcoin often occur when investors dive into exchange sales funds. The Ethereum ETF has gained some investments, but demand hasn’t matched that of Bitcoin funds. On Thursday, Bitcoin and Ethereum funds on the exchange […]