Insights
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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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Dollar-cost averaging Bitcoin from 2021 market top returns 107%
Scott Melker, known as “The Wolf of All Streets,” recently highlighted the effectiveness of dollar-cost averaging (DCA) in Bitcoin investing,…
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Bitcoin threatens breakout as US employment falls to 4.1%, jobs surge
U.S. Non-Farm Payrolls increased by 254,000 in September, affecting Bitcoin prices. The Department of Labor reported an addition of 254,000…
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