According to a CoinShares report, Bitcoin and Solana led the way in the amount of institutional inflows into digital asset investment products last week. The report also highlighted an emerging trend among Spot Bitcoin ETFs in the US. Bitcoin Records $703 Million In Inflows Bitcoin is reported to have seen inflows totaling $703 million last…
Bitcoin (BTC), the largest cryptocurrency in the market, has seen its price hover between $42,000 and $43,000, halting its recovery from the dip below $38,500. With the upcoming halving event scheduled for April, market experts and crypto analysts such as Rekt Capital are observing historical patterns that suggest an interesting price action scenario, potentially igniting…
Bitcoin price is consolidating above the $42,250 support zone. BTC could start a decent increase if it clears the $43,000 and $43,400 resistance levels. Bitcoin price failed again to clear the $43,400 resistance zone and corrected lower. The price is trading below $43,000 and the 100 hourly Simple moving average. There is a major rising…
The flagship cryptocurrency, Bitcoin, looks to be at a crossroads as it continues to trade flat, indecisive about whether to move downward or upward. Commenting on this current price action, crypto analyst Eric Krown Crypto reveals key factors that will decide Bitcoin’s next move. Bitcoin In “Outlier Land” In a video posted on his YouTube…
On-chain data shows a bullish breakout brewing in the Binary CDD indicator for Bitcoin, a sign that a strong price rise could be ahead for the asset. Bitcoin Binary CDD Is Breaking Out Of Accumulation Zone As pointed out by an analyst in a CryptoQuant Quicktake post, the Binary Coin Days Destroyed (CDD) appears to…
Renowned crypto asset hedge fund manager Charles Edwards has made a bold prediction regarding the future price of Bitcoin. Edwards, founder of Capriole Investments, shared his insights via X (formerly Twitter), outlining a compelling case for Bitcoin’s potential to reach $280,000 in the coming year. In his statement, Edwards referenced historical data and several key…
Bitcoin price struggled to continue higher above the $43,800 resistance. BTC is moving lower and might decline heavily if it breaks the $41,800 support. Bitcoin price is declining from the $43,800 resistance zone. The price is trading below $42,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…
As the eagerly awaited Bitcoin halving event approaches in April, cryptocurrency analysts are engaging in spirited discussions about the potential trajectory of the leading cryptocurrency’s price. Offering his insights, Michaël van de Poppe, the founder and CEO of MN Trading, has shared his predictions, outlining a period of consolidation before potential growth, with a particular…
BRC-20 tokens open doors for developers to build their own decentralized applications (dApps) with unique economies on the Bitcoin network. This fosters community engagement through internal currencies, and attracting investment through innovative token sale structures. BRC-20 tokens are fungible tokens built on the Bitcoin network using the Ordinals protocol. It also utilizes inscriptions containing JSON…
Analysts at cryptocurrency exchange Coinbase are backing Bitcoin and the entire crypto market to put up a significantly positive performance in Q2 2024. This development comes as BTC continues its market recovery, gaining by 3.31% in the last week to trade above $43,000. Downward Pressure On Bitcoin Subsides, Macro Factors To Come Into Play: Analysts…