Insights
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Bitcoin must again show resilience around recurring resistance at $61,000
Over the past week, Bitcoin’s price has exhibited a pattern of sharp upward moves followed by strong pullbacks, particularly in…
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Bitcoin miners fall in October with only Riot, Galaxy, Core Scientific posting gains
Bitcoin mining stocks have showed mixed results this October, with many falling more than Bitcoin, which has also recorded a…
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V-shaped recoveries historically bullish for Bitcoin as market rapidly retakes $61,000
Bitcoin briefly fell below $59,000 last night before rebounding to reclaim the critical $61,000 level in a rapid V-shaped recovery.…
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BlackRock holds out during $49.2 million in Bitcoin ETF outflow amid Ethereum ghost town
On Oct. 8, 2024, Bitcoin ETFs saw net outflows totaling $18.6 million. Fidelity’s FBTC ETF led the declines with $48.8…
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Bitcoin poised for big day of US macro data including inflation, jobless claims, budget, bonds
Upcoming US inflation figures, set for release today at 1:30 P.M. BST, could influence Bitcoin’s trajectory as the cryptocurrency hovers…
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Bitcoin dips toward $60,500 amid unexpected core inflation rise, overall YoY declines to 2.4%
Bitcoin remained above $60,500 after US inflation data released today showed higher-than-expected figures. The Core Inflation Rate year-over-year for September…
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Tether fuels market liquidity surge as stablecoins reach $169 billion
CryptoQuant data reveals that crypto market liquidity has reached unprecedented levels, with the total market capitalization of major USD-backed stablecoins…
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How El Salvador’s Bitcoin gamble impacted inflation
In an intriguing economic journey, El Salvador’s bold embrace of Bitcoin as legal tender has unfolded alongside fascinating shifts in…
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Bitcoin ETFs see $260 million inflow since Friday while Ethereum inflows remains modest
On Oct. 4, Bitcoin ETFs recorded modest net inflows of $25.6 million. Fidelity’s FBTC ETF saw an inflow of $13.6…
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Solana, Aptos gain ground on Ethereum’s 45% Web3 dominance
Ethereum retains 45% of the market share amid competition from Solana and Aptos, according to a recent report by ETC…
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