Bitcoin faced a brief dip as the new month commenced, but crypto analyst Michaël van de Poppe suggests this move reflects familiar market patterns rather than pointing to […]
Bitcoin ETF Outflows Spike in November: Institutional Profit-Taking Leads to $3.48 Billion Withdrawal
November witnessed significant outflows within the U.S.-traded spot Bitcoin ETFs, reaching a net withdrawal of $3.48 billion. This marked the weakest monthly outflow since February, according to SoSoValue […]
Record Withdrawals Hit Bitcoin ETFs in November, Challenging Their Growth
Bitcoin exchange-traded funds (ETFs) saw significant outflows in November, reaching a record $3.48 billion according to SoSoValue data. This marked the largest withdrawal since February and continued a […]
Bitcoin Faces Potential Crash to $67,700 as Bear Flag Pattern Emerges
Technical analysts have sounded the alarm over a potential bearish trend in Bitcoin’s price. They are warning of a bear flag pattern that could signal a significant drop […]
Strategy: Will Only Sell Bitcoin if Market Value Plummets
Investment firm Strategy outlines its strategy for managing Bitcoin holdings, stating they will only sell the cryptocurrency under specific circumstances. The company’s key metric, market net asset value […]
Bitcoin May Not Break Record Highs Soon: Analyst Warns
A leading crypto analyst warns that the recent surge in Bitcoin’s price doesn’t necessarily signal a new all-time high, forecasting a more measured climb towards $100K-$115K before a […]
Bitcoin Price Plunges Towards $80,000 as Market Pressure Grows
Bitcoin’s price is experiencing a notable decline, dropping towards the $80,000 level. This steep drop is fueled by increasing market pressure and signs of weakness in the cryptocurrency […]
MicroStrategy Stock Faces New Bitcoin-Driven Risk as Value Approaches Danger Zone
MicroStrategy (MSTR) stock remains near $177 despite recent Bitcoin declines, but a key risk factor related to Bitcoin’s value is looming. The company has highlighted a concern where […]
Crypto Fear Index Plunges to 24: A Signal of Potential Buying Opportunities?
The Crypto Fear and Greed Index has experienced a significant drop, falling to 24 today from 28 yesterday, signaling a shift from fear to extreme fear. This marked […]
Bitcoin Price Dips Below $85K: Will December Rate Hike Push Prices Lower?
Bitcoin’s price witnessed a significant drop on Monday, falling below $85,000 amidst growing anticipation of a rate hike by the Bank of Japan (BoJ) in December. The anticipated […]
Corporate Bitcoin Holdings: How Influential Companies Drive the Crypto Market
Publicly traded companies have a significant impact on the crypto market dynamics due to their dual roles as major players in the industry and as institutional Bitcoin holders. […]
Bitcoin Spot ETF Outflows Reach $3.5 Billion in November: What’s Driving the Shifts?
November saw a surprising shift for investors relying on Bitcoin spot ETFs. Despite this dramatic withdrawal, the overall trend shows positive net inflows in these products, signifying a […]
Bitcoin Plunges Below $86,000 Amidst Market Uncertainty
Bitcoin faced a dramatic sell-off on Sunday night, dropping below the crucial $86,000 mark and wiping out over $144 billion in market value. Global macroeconomic pressures, including heightened […]
Bitcoin Reflects Recession Fears, ‘Most Pessimistic Global Growth Outlook’ Since 2020
Bitwise Research has highlighted that Bitcoin’s current price reflects the most pessimistic global growth outlook since the pandemic and FTX collapse. The report suggests this downturn stems from […]
Bitcoin’s Technical Warning Sign Signals Possible Downtrend
Recent trends in Bitcoin’s technical indicators suggest a potential shift towards a bearish market. The monthly MACD histogram has turned red, signaling a possible downturn after the cryptocurrency’s […]