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If the trade uncertainty was driving Bitcoin momentum, it should stop outperforming once a trade deal is announced, says an analyst. Bitcoin’s potential price reaction to a trade deal between the United States and China could give insights into whether Bitcoin is being used as a safe-haven asset in the current market. Bitcoin (BTC) outperformed…
Bitcoin rallied within 5% of its previous all-time high, and bulls expect the level to be conquered this week. Key points: Bitcoin holds on to its recent gains, increasing the possibility of a retest of the all-time high at $109,588. BlackRock’s spot Bitcoin ETF records 19 days of successive inflows, showing solid demand. Read more…
Bitcoin bulls are on the cusp of launching the market back to all-time highs and beyond, new BTC price analysis confirms ahead of a crucial weekly close. Key points: Bitcoin analysis identifies the all-important price point to hold into the weekly close as all-time highs loom. Liquidity is tightly clustered around current spot price, with…
BlackRock’s Bitcoin ETF has now posted 19 days of consecutive inflows, the longest inflow streak for the world’s asset manager this year. BlackRock’s spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak to 19 consecutive…
Analysts predict a major altcoin breakout as charts flash bullish signals, though some warn this cycle lacks retail conviction and lasting momentum. Altcoin markets are flashing early signs of a breakout, with several analysts calling for a potential surge over the next few months. Crypto commentator Mister Crypto predicts the next 3 to 6 months…
Robert Kiyosaki calls on Americans to reject fiat currency and embrace Bitcoin, gold, and silver, warning that central banks are eroding wealth. Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on the dangers of centralized monetary policy, urging his followers to abandon what he calls “fake…
Coinbase reportedly considered adopting a Michael Saylor–style Bitcoin investment strategy on multiple occasions since it launched in 2012, but opted out each time. Coinbase reportedly considered adopting a Bitcoin investment playbook like Michael Saylor’s Strategy on multiple occasions, but decided against it each time out of fear that it would kill the firm’s crypto exchange,…
Former UFC champ Conor McGregor, now a presidential candidate in Ireland, has proposed creating a national Bitcoin reserve as part of his campaign. UFC fighter turned Irish political candidate Conor McGregor has endorsed the idea of building a Bitcoin reserve in his country to give more “power back to the people.” “Crypto in it’s origin…
The country continues to acquire more Bitcoin for its strategic reserve and has embraced technical innovation to fuel economic growth. The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to…
Institutional buying is changing Bitcoin market dynamics as large, organized entities gobble up newly mined Bitcoin supply. Strategy, a Bitcoin (BTC) treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju. “Their 555,000…