Bitcoin’s dominance level now above 50% as altcoins underperform
Key takeaways Bitcoin’s market dominance now stands above 50% as Ether and other major altcoins underperform. The broader crypto market is currently bearish due to the geopolitical uncertainty in the…
MicroStrategy acquires an additional 5,445 bitcoins
MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin. The company now holds 158,245 bitcoins acquired for a total of…
BTC Whale moves $37M worth of bitcoins after eleven years of inactivity
There has been an increase in the number of early crypto holders moving tokens to new wallets. The BTC whale moved all their bitcoins to a new wallet. Whales make…
Chancer sells over 2 million tokens as Bitcoin’s price stabilises
Key takeaways Chancer has sold more than two million tokens so far in its presale, raising nearly $800,000 in the process. Bitcoin continues to maintain its value above $30k as…
Bitcoin’s correlation with Nasdaq 100 falls to 3-year low
Bitcoin’s correlation with the Nasdaq 100 has fallen to just 3% in June, down from the overall 60% in 2022. BTC price has outperformed the stock index year-to-date and over…
Valkyrie Investments suggests Bitcoin’s price could surge to $37k soon
Key takeaways Valkyrie Investments suggests that Bitcoin’s price could reach $37k soon. The potential rally could positively affect cryptocurrency projects like AltSignals. Bitcoin has been trading below $30k for the…
Don’t be fooled by Bitcoin’s recent calm, volatility is coming: Opinion
Key Takeaways Bitcoin has been tightly range-bound for last month, its 10% fall this week its biggest move since the banking crisis Dan Ashmore, our Head of Research, warns that…
Bitcoin’s YTD performance in danger should this pennant fail
Bitcoin’s YTD performance exceeds 80% Investors were betting on a pennant formation in March The 28k level invalidates the bullish formation Bitcoin price bounced from the 2022 lows right from…
1 in every 138 Bitcoins are now owned by MicroStrategy, but it doesn’t make much sense
Key Takeaways MicroStrategy has purchased another thousand Bitcoin, taking their holdings to 140,000 at an average price of $28K The total investment is now $4.2 billion, with the company’s fate…
Bitcoin’s break to $25k “could be latter stages of gruesome bear market”
Bitcoin price broke above $22,500 to new highs above $25,000 amid the hunt for short stops and liquidations. The move to $25k resulted from short liquidations of over $155 million.…