US Bitcoin ETFs recently saw a major shift. After several weeks of investors pulling their money out, things took a positive turn. A $744 Million Influx The week ending March 21st saw a massive $744 million inflow into US Bitcoin ETFs. This marked a huge turnaround, ending a five-week losing streak where a total of…
A Hong Kong investment company, HK Asia Holdings, is making waves by significantly increasing its Bitcoin holdings. This isn’t just a small purchase; they’re seriously committed to crypto. Another Bitcoin Buy HK Asia Holdings recently announced they bought an extra 10 Bitcoin, adding to their existing stash. This latest purchase, worth roughly $858,581, brings their…
Orca’s recent price explosion shows how much a major exchange listing can boost a cryptocurrency. With meme coins and altcoins trending, several promising presales could be poised for similar success. Let’s look at three: Why Exchange Listings Are HUGE Orca’s 170% jump after its Upbit listing highlights a key factor in crypto success: major exchange…
Bitcoin’s been having a rough time lately. Global uncertainty, fueled by things like unpredictable political decisions and economic worries, is making investors nervous. This is impacting everything, including crypto. Traders in the Red Bitcoin’s struggling to break above $90,000, a key resistance level. Many traders are underwater, with an average unrealized loss of about 14%….
Binance is adding support for a new cryptocurrency focused on secure data storage. This new coin, called Nillion (NIL), will be available through Binance Launchpool. Launchpool Explained Binance Launchpool lets users stake their existing crypto to earn new tokens. This time, users can stake BNB (Binance’s coin), FDUSD, and USDC to get NIL. What is…
MicroStrategy, a major holder of Bitcoin, is planning to buy even more Bitcoin after a successful stock sale. A Big Stock Sale, Bigger Bitcoin Buys? The company recently sold $722.5 million worth of preferred stock. They’re planning to use this money, along with some extra cash, to boost their Bitcoin holdings. This follows a previous…
The SEC is signaling a fresh start in its approach to regulating cryptocurrencies. Commissioner Hester Peirce, a known supporter of the crypto space, announced this shift. A New Approach to Crypto Peirce highlighted the recent formation of the SEC’s Crypto Task Force and its first roundtable event. She emphasized that this task force has energized…
Bitcoin’s price has been pretty flat lately, stuck in a trading range. While it briefly hit $87,000, it quickly dropped back below $84,700. But there’s a potentially exciting development. A Bullish Pattern Emerges A cryptocurrency analyst, Mister Crypto, spotted a “falling wedge” pattern on Bitcoin’s price chart. This is a technical analysis pattern that often…
Could Bitcoin be about to explode? One analyst thinks so, pointing to a fascinating connection between Bitcoin’s price and the global M2 money supply. The M2 Guy’s Prediction “The M2 Guy,” a crypto analyst on X (formerly Twitter), has been closely tracking the relationship between Bitcoin’s price and the global M2 (a measure of the…
A crypto analyst, known as cryptododo7 on X, thinks we might be on the verge of an altcoin season. Their analysis focuses on Bitcoin dominance, which is the percentage of the total crypto market cap that Bitcoin holds. Bitcoin Dominance: The Key Indicator cryptododo7’s technical analysis of the Bitcoin dominance chart shows a potential bullish…
