Coinbase’s Bitcoin premium has dropped into negative territory for the first time since May. This development is bearish for the flagship crypto as it suggests that demand from the U.S. may be waning. Coinbase Bitcoin Premium In The Red CryptoQuant data shows that the Coinbase Bitcoin Premium Index is at -0.00254829, marking the first time…
Tag: BTCUSDT
Strategy Leverages IPO Success to Acquire Over 21,000 Bitcoin
Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing of its initial public offering (IPO) of 28,011,111 shares of variable rate series A perpetual stretch preferred stock. Priced at $90 per share, this offering stands out as the largest US IPO of 2025 and…
Bitcoin’s Rally Might Be Running on Fumes, Analyst Warns of August Turning Point
Bitcoin’s price is beginning to recover after a brief period of stagnation, trading at $118,945 at the time of writing. This marks a 1% increase over the past 24 hours, with the asset briefly reaching a high of $119,754 during the same period. The recent upward movement suggests a cautious return of buying interest, though…
Expect A New Bitcoin Price Rally: Analyst Connects M2 Lag To $130,000 Target
As the Bitcoin price hovers just 4% below its all-time high of $123,000, crypto analyst Doctor Profit has issued a new report that could spark increased bullish sentiment among investors, suggesting that a new rally could be on the horizon. Bitcoin Price Poised For Growth After Major Trade Deal In a recent post on the…
Bitcoin Short Squeeze Incoming As Market Makers Set Trap To Go Above $123,000
After a tumultuous week, the Bitcoin price is starting to find its footing again, rising from major support around the $115,000 level. Currently, the pioneer cryptocurrency looks to be on the path of recovery and possibly moving toward new highs this week as momentum picks up. There is also the possibility of a coming short…
Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant
After surging to a record high around $123,000 in the second week of July, the Bitcoin price action for the rest of the month has been largely choppy. However, the flagship cryptocurrency dropped to a level just above $115,000 on Friday, July 25. This abrupt decline came with the expected question in the market: Is…
Bitcoin Price Could Still Tumble Down To $109,000 — This Chart Pattern Suggests So
The Bitcoin price has been quite indecisive in its action over the past week, jumping between the $117,000 and $120,000 consolidation zone in that period. The flagship cryptocurrency, however, came tumbling toward the $115,000 mark following massive coin movements toward centralized exchanges in the past day. Interestingly, a prominent market expert has put forward an…
Bitcoin Endures One Of The Most Intense Bear Weeks Of This Bull Cycle – Details
Bitcoin experienced heightened volatility on Friday, briefly dipping to a local low of around $114,700 before stabilizing within a tight consolidation range. The price remains capped below the psychological $120,000 mark, with bulls and bears locked in a tug-of-war that has intensified speculation across the market. Despite the pullback, Bitcoin is holding key support, suggesting…
This Australian Investment Manager Just Added Bitcoin To Its Treasury, Here’s How Much BTC They’ve Bought
DigitalX Limited, an Australian digital Investment manager, has made headlines with a new Bitcoin (BTC) acquisition, signaling renewed institutional confidence in the market. The ASX-listed crypto fund manager has expanded its Bitcoin treasury by a whopping 74.7 BTC, marking a significant addition to its already existing holdings. DigitalX Buys 74.7 BTC In a recent X…
Bitcoin Open Interest Sets New Record As Price Plunges To $115,000
Data shows the Bitcoin Open Interest shot up to a new all-time high (ATH) even as the cryptocurrency’s price saw a retrace to $115,000. Bitcoin Open Interest Has Gone Against The Price Trend As explained by an analyst in a CryptoQuant Quicktake Open Interest” here refers to an indicator that measures the total amount of…