Recent data from CoinShares revealed that crypto funds experienced outflows totaling $600 million in the week ending June 14. This came after five consecutive weeks of inflows, signaling a shift in investor sentiment towards digital assets. The outflows were primarily seen in Bitcoin and Solana funds, with the former witnessing $621 million exits and the
Bitcoin
Bitcoin, the ever-volatile cryptocurrency, has shown a recent decline in price, sparking fears of an extended bear market. Amidst the uncertainty, there are some faint bullish signals emerging. One such signal is the Bitcoin Taker Buy Sell Ratio. This metric, which monitors the balance between buy and sell orders on exchanges, has dipped below one,
Recent data from CoinMarketCap shows that Bitcoin has experienced a decline of 4.65% in its market price over the last seven days. This has raised concerns among investors, especially after prominent crypto analyst Ali Martinez issued a warning about a potential further decline if Bitcoin fails to secure a specific support zone. In his analysis,
Bitcoin has been under significant selling pressure in recent days, with on-chain data indicating that miners have been actively selling off their BTC holdings. According to a post by crypto analyst Ali Martinez, miners have offloaded more than 1,200 BTC in a single day, amounting to roughly $80 million. This increased selling activity by miners
Crypto analyst TechDev has recently provided intriguing insights into the future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in the current market cycle, indicating that more price surges are on the horizon for the popular cryptocurrency. In a recent X post, TechDev highlighted that blowoff tops in Bitcoin
The Bitcoin market is currently experiencing a shift in dynamics, with a new wave of short-term traders entering the scene alongside veteran holders who remain steadfast in their beliefs. The influx of short-term investors is driven by the emergence of Spot Bitcoin ETFs, allowing easy access to Bitcoin as a financial instrument. These new investors
Despite a recent setback, prominent crypto analyst Dave the Wave has provided a bullish narrative for Bitcoin. He suggested in a post on X (formerly Twitter) that Bitcoin could rise to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. According to the chart he shared, BTC’s rally to this unprecedented price
The future trajectory of Bitcoin has been a hot topic of discussion among major crypto analysts, especially in light of the recent price action and consolidation following the halving event. One crypto analyst, CrediBULL Crypto, has boldly predicted that Bitcoin will soon rise to a six-digit all-time high (ATH). In a recent post on X
Bitcoin has been a revolutionary force in the world of finance and technology, inspiring artists to create unique pieces that capture the essence of this digital currency. One such artist, VESA, has recently unveiled a groundbreaking artwork called BitRam, which delves into the symbolism of Bitcoin in a whole new light. Unlike traditional artworks that
The cryptocurrency market is currently experiencing a surge of optimism as investment funds see a historic influx of funds. CoinShares, a prominent digital asset manager, reported an unprecedented $2 billion surge into crypto funds in just one week. This amount surpassed the total net inflows for the entire month of May, showcasing a positive trend
Christian’s journey into the world of journalism began long before the age of Bitcoin. As a feature writer for his college paper, he honed his craft and developed a love for storytelling that would shape his career. His passion for writing led him to a successful stint as an editor at a data engineering firm,
The Bitcoin price has hit a standstill at the $71,000 mark, leaving investors in a state of indecision. This stagnation often precedes a significant movement in the market, but predicting the direction of this movement is no easy task. Crypto analyst Alan Santana has taken a closer look at the Bitcoin chart to try and
The founder of LookIntoBitcoin, Philip Swift, recently brought attention to the significant increase in global liquidity, marking a new all-time high (ATH). According to Swift, this surge in global liquidity is a crucial indicator of Bitcoin’s potential to rise in the current bull run. The global liquidity has now reached $94 trillion, inching closer to
The recent surge in Bitcoin prices, reaching the $70,000 mark, has captured the attention of investors worldwide. This price rally has led to a positive outlook among long-term holders, who have now seen their investments enter the profit zone. In particular, US-based investors have shown a positive sentiment, as evidenced by the rise of the