Bitcoin’s Stability Above $60K: Why It Matters Recent strong data on U.S. job growth and inflation, combined with consistent inflows into Bitcoin exchange-traded funds (ETFs), have propelled Bitcoin’s price above the $60,000 mark. Market Analysis Overview Between August 21 and August 22, Bitcoin (BTC) recorded a 4% increase and has since maintained its position above […]
Three Factors That Could Propel Bitcoin Price to $68K in September Recent technical analysis and blockchain data suggest there may be a short-term upward trend for Bitcoin. Decreasing Bitcoin Supply on Exchanges On-chain data indicates a potential rally for Bitcoin in the upcoming weeks, driven by diminishing supply on exchanges. As of August 23, centralized […]
As the cryptocurrency market continues to grow, thousands of projects emerge regularly, each with its own unique offerings. Evaluating these projects is crucial for investors to make informed decisions. With the potential for high rewards comes significant risks, making it essential to identify key metrics and red flags. This article will guide you through the […]
The growing world of cryptocurrency continues to evolve, and presales have become an integral part of the project fundraising process. Cryptocurrency presales allow projects to raise capital prior to their official launch, though their success heavily relies on the community and social media engagement surrounding them. In this article, we will explore the pivotal role […]
Bitcoin Faces Potential Short Squeeze as Bulls Target $62K Resistance As Bitcoin’s price teeters on key resistance levels, market indicators suggest the possibility of a breakout from the current trading range. Market Dynamics in Focus Recent analysis indicates that Bitcoin (BTC) is likely positioned for a short squeeze following a period of volatility. Data reveals […]
The fundraising landscape has undergone a seismic shift in the past decade, with Initial Coin Offerings (ICOs) emerging as a popular alternative to traditional venture capital (VC) funding. While traditional funding has long dominated the startup ecosystem, the rise of blockchain technology has ushered in innovative ways for companies to raise capital. This article explores […]
Ethereum ETFs Experience Extended Outflows as Investment Interest Diminishes Ethereum exchange-traded funds (ETFs) in the United States are facing substantial outflows, a trend that contrasts sharply with the continual investment influx seen in Bitcoin ETFs. The spot Ether (ETH) ETFs have now recorded their longest stretch of investment withdrawals, marking five consecutive days of outflows […]
Bitcoin Open Interest Surges by $1.3B After Fed’s Dovish Minutes Following the release of the United States Federal Reserve’s dovish meeting minutes on August 21, Bitcoin Open Interest has seen a substantial increase of more than $1 billion. Futures Traders React Bitcoin futures traders boosted the open interest by over a billion shortly after the […]
In the ever-evolving world of cryptocurrencies, market capitalization is a vital metric frequently analyzed by investors, analysts, and enthusiasts alike. Understanding market capitalization is crucial for anyone looking to navigate the complexities of the crypto market effectively. This article aims to explain market capitalization, its significance, components, and how it influences market trends. What is […]
Bitcoin Volatility Surges Above All-Time High as Price Retests $62K The volatility of Bitcoin has increased beyond the levels recorded at its all-time high earlier this year, indicating a potential conclusion to the prolonged consolidation phase. Current Price Dynamics For Bitcoin (BTC) to continue demonstrating bullish momentum, it must maintain support above $61,000 and successfully […]