#Bitcoin
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Bitcoin Dominance Hits 4-Year High Amid Altcoin Annihilation
Bitcoin market dominance is currently at a 4-year high of more than 62%, its highest level since March 2021, despite its 29% correction. There was a brief spike above this level on Feb. 3, but that appears to be an isolated wick, whereas recent increases have been more sustained, according to Tradingview. Moreover, BTC market share…
Bitcoin Dominance Hits 4-Year High Amid Altcoin Annihilation
Bitcoin market dominance is currently at a 4-year high of more than 62%, its highest level since March 2021, despite its 29% correction. There was a brief spike above this level on Feb. 3, but that appears to be an isolated wick, whereas recent increases have been more sustained, according to Tradingview. Moreover, BTC market share…
Bitcoin Reclaims $90K But This Indicator Signals Possible Consolidation Phase
Bitcoin has started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity. The cryptocurrency surged nearly 10% yesterday, briefly reaching a high of $92,756 in the early hours of today before experiencing a minor pullback. At the time of writing, Bitcoin…
Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy
Bitcoin Magazine Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury strategy. Méliuz invested $4.1 million to acquire 45.72 bitcoins at an average price of $90,926…
Belarus President Wants To Mine Bitcoin & Crypto Using Surplus Energy
Bitcoin Magazine Belarus President Wants To Mine Bitcoin & Crypto Using Surplus Energy This week, Belarus’ President Alexander Lukashenko told the country’s Energy Minister Alexei Kushnarenko that he wants to use their surplus of electricity to mine cryptocurrency like Bitcoin to accumulate a reserve. “Look at this mining. More and more people are turning to…
Howard Lutnick Says President Trump to Unveil Bitcoin Reserve Strategy This Week
Bitcoin Magazine Howard Lutnick Says President Trump to Unveil Bitcoin Reserve Strategy This Week Commerce Secretary Howard Lutnick revealed in an interview on Tuesday that President Donald Trump plans to announce a bitcoin strategic reserve later this week. Speaking to independent news outlet The Pavlovic Today, Lutnick stated that the President “definitely thinks there’s a…
3 Bullish Signs for Bitcoin’s Price in the Week Ahead
There’s no way to sugarcoat what transpired in the cryptocurrency market in the past week. Take bitcoin, for example. It challenged the $100,000 level on February 21 but slumped by over twenty grand in the following week to dump to a three-month low of $78,000 last Friday, February 28. Although it managed to recover some…
Bitcoin Boom’s Expiry Date? CryptoQuant CEO Reveals Timeline
Many people wonder about the length of Bitcoin’s rollercoaster journey that its price increase has been on. The bull run may persist until at least April 2025, argues CryptoQuant CEO, Ki Young Ju. Should this be the case, it could signal the longest ever Bitcoin bull cycle. Variations In Bitcoin’s Growing Rate Ju created a…
Bitcoin Faces Internal and External Pressure—Is a Rally Still Possible?
Bitcoin’s price has faced a dramatic downturn, falling below $90,000 and reaching as low as $87,000 levels today. This steep decline places the cryptocurrency further away from its January all-time high of over $109,000. The sharp sell-off comes amid both internal and external challenges, leaving investors uncertain about what lies ahead. While the market struggles…
Bitcoin Open Interest Climbs—Is a Market Breakout Around the Corner?
Bitcoin has gradually been recovering with its price now hovering above $97,000 as of today—a noticeable increase from the $94,000 price mark seen earlier this week This upward movement comes as analysts highlight significant trends in the perpetual futures markets that may indicate a substantial shift on the horizon. Bitcoin’s Open Interest Points to Possible…
Bitcoin Faces Persistent Resistance at $100K, Analyst Eyes Next Step
Weeks after hitting an all-time high above $109,000, Bitcoin’s price remains under pressure. It is currently trading below the $100,000 mark, an 11.4% decrease from its peak. The crypto asset’s recent trajectory has raised questions about its next move as it trades within a relatively tight range. According to CryptoQuant analyst Percival, Bitcoin is exhibiting…
Massive Bitcoin Price Prediction from Bitwise CEO Hunter Horsley
“I see more and more evidence of why it will [go to $1 million], and less and less of why it won’t,” opined the chief executive of crypto asset manager Bitwise, Hunter Horsley, on Feb. 17. He posed the question on X of why BTC isn’t going to be widely adopted and hit seven figures…
Bitcoin’s Bull Cycle: Analyst Says The Upside Isn’t Over Yet
Bitcoin has shown some resilience after weeks of consistent price declines, recording a slight upward move in the past day. However, the recovery has not been sufficient to reverse the prevailing bearish sentiment, with the cryptocurrency still trading below the key psychological level of $100,000. Notably, according to a recent insight shared by a CryptoQuant…
Attention Shifts to Top Crypto Assets as Meme Coin Mania Fades: Santiment
“The crypto community has largely shifted their attention to Bitcoin and other layer-1 assets like Ethereum, Solana, Toncoin, and Cardano,” reported Santiment on Feb. 11. It added that, collectively, the top L1 assets are getting 44% of discussions among specific cryptocurrencies, while top meme coins like Dogecoin, Shiba Inu, and Pepe are being discussed less…
Bitcoin At $500K? Analyst Sees A ‘Perfect Storm’ For New ATH
Despite recent price volatility and market uncertainties, a renowned bitcoin specialist has offered an extremely positive assessment on Bitcoin and the other cryptocurrencies. Michaël van de Poppe, the creator of MN Consultancy, believes we’re witnessing the dawn of a historic bull market that could push Bitcoin’s value to previously unimaginable heights. The ‘Perfect Storm’ For…
Here’s The Secret To Investing In Bitcoin
Follow Frank on X. Over the course of the last week, we’ve seen reports of massive bitcoin liquidations. For those unfamiliar with the term “liquidation” as it applies to finance, it refers to when a trader is forced to close a leveraged trade because the margin for the trade has been depleted. In everyday pleb…
BlackRock to Launch Spot Bitcoin ETP in Europe
BlackRock Inc., the world’s largest asset manager with over $11.5 trillion in assets under management, is preparing to launch a spot Bitcoin exchange-traded product (ETP) in Europe, according to a report from Bloomberg. The fund is expected to be based in Switzerland and BlackRock could begin marketing it as early as this month, sources familiar…
Czech Central Bank Head Wants To Buy Bitcoin With 5% Reserve Allocation
The Czech National Bank (CNB) is contemplating a groundbreaking shift in its investment strategy by considering the allocation of up to 5% of its reserves into Bitcoin. This potential move, led by Governor Aleš Michl, could position the CNB as the first major central bank in the West to hold digital assets. BREAKING: 🇨🇿 Czech…
Bitcoin Reclaims $103K as Second Phase of Price Discovery Begins: Analyst
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed…
Arthur Hayes Predicts Bitcoin Correction to $75K as BTC Loses $100K Mark
Bitcoin experienced a sharp decline of nearly 6% in the last 24 hours, falling briefly below $98,000. This drop occurred despite a significant development on Friday when President Donald Trump announced the formation of a crypto policy group set to shape the country’s crypto industry within six months. Market experts are now cautioning that further…
SEC Rescinds SAB 121, Permitting Banks to Custody Bitcoin
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has officially rescinded Staff Accounting Bulletin (SAB) No. 121, a controversial rule that had long hindered banks from offering bitcoin and crypto custody services. This move, announced on Thursday, signals a significant shift in the SEC’s approach to regulating bitcoin and crypto and paves the…
President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)
Today, U.S. President Donald Trump signed an executive order (EO) related to Bitcoin and cryptocurrency, titled “Strengthening American Leadership In Digital Financial Technology”. This EO officially banned the creation and issuance of a central bank digital currency (CBDC) in the United States, defining a CBDC as “a form of digital money or monetary value, denominated…
Bitcoin Realized Cap Hits $832 Billion Milestone As $100K Inflows Begin To Slow
Despite the low rate of capital inflows, Bitcoin has managed to surpass the market’s expectations by reaching an all-time high. The Realized Capitalization of Bitcoin reached an all-time high of $832 billion on Wednesday, demonstrating the confidence of investors and the fortitude of the asset, according to market insights from Glassnode. What Is Realized Cap And…
Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode
As Bitcoin continues to establish new milestones, including a recent all-time high past the 108k mark, market analytics tools like CryptoQuant and Glassnode offer predictions for its future growth. Both sites demonstrate that Bitcoin still has a lot of room to expand. CryptoQuant predicts a price range of $145,000 to $249,000 by 2025, with Glassnode’s…
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