Bitcoin Live Updates

Bitcoin Steadies at $115,927 With $2.3T Market Cap

Bitcoin charts highlights a bullish recovery from a low near $107,270, marked by higher highs and higher lows that have driven the price into a resistance zone between $116,000 and $116,500, while volume starts to decrease — a situation that could suggest a possible pause or reversal on the horizon. The current strategy indicates monitoring … Read more

Bitcoin Live

Bitcoin Rally Could Be Bigger Than Expected

One of the prevailing themes this cycle has been that “this time is different.” As institutional adoption continues to reshape the supply and demand dynamics of Bitcoin, there is a growing consensus that the euphoric blowoff tops characteristic of previous cycles may not be in the cards this time around. The concept here is that … Read more

Bitcoin Live

Bitcoin Summer Ends with Paper Transactions

As summer transitions to fall in the northern hemisphere, the stonkcoiner vision of bitcoinizing finance is swiftly morphing into a nightmare. The bitcoin paper era of issuing shares to oblivious financial markets at overvaluations to acquire bitcoin at a bargain is concluding, not with a triumphant bang but rather with a rather lackluster whimper. For … Read more

Bitcoin Risks Bull Trap as Traders Await U.S. Inflation Data

The emergence of BTC’s inverse head-and-shoulders pattern indicates a robust upward trajectory. In a notable development, the cryptocurrency market is exhibiting signs of caution, as evidenced by the 25-delta risk reversals on bitcoin and ether options trading in negative territory. This trend indicates a prevailing bias towards downside protection in anticipation of upcoming U.S. inflation … Read more

Bitcoin Soars to $114K Amid Easing Inflation

On Wednesday morning, economists are surprised with the announcement of a 0.1% decline in the August Producer Price Index, a key indicator of U.S. wholesale inflation. Analysts had forecasted a 0.3% rise following July’s PPI surge of 0.7%, even with a downward adjustment in the figures. Bitcoin surged to $114K following the announcement, after several … Read more

Bonds Rise as Bitcoin Consolidates

The price of Bitcoin is settling between $108,000 and $112,000 during this consolidation phase. The current price range is upheld as buyers protect essential support levels, addressing the void created by the swift surge in July. Although a more significant market correction could occur, the present trend indicates a phase of consolidation based on time. … Read more

Bitcoin maintains stability amid cautious sentiment

The most recent study indicates that Bitcoin has lately stabilized around the short-term holding cost base, the market’s stability is still precarious. Even with a few encouraging indicators, the overall cautious mood remains prevalent in the market environment. In the last week, Bitcoin’s trading price has fluctuated near the $111k level, exceeding the cost basis … Read more

Bitcoin Updates

Bitcoin Extends Price Surge with Fresh Momentum

Bitcoin’s meteoric ascent excites the cryptocurrency market. BTC just surpassed $112,000. The milestone has drawn the attention of investors and enthusiasts globally, indicating a fresh bullish trend in digital assets. BTC is trading at $112,000, indicating market confidence and purchasing pressure. Bitcoin’s value is increasing for a variety of reasons. Grasping these influences is crucial … Read more

Bitcoin today

The Bitcoin Luxury Bubble Has collapsed

Greg Cipolaro said that buyer’s price for “Digital Asset Treasury” businesses has been falling, even though bitcoin hit a new all-time high in the middle of August. Public companies holding bitcoin on their balance sheets are known as DATs. The premium is calculated by taking their share price and subtracting their NAV per bitcoin share. … Read more

Long-Term Holders Drive Bitcoin Supply

Bitcoin’s illiquid supply—the portion of coins held by entities with little history of spending—has reached a new record high, exceeding 14.3 million BTC in late August. Currently, there are 19.9 million BTC in circulation, with approximately 72% of the total supply being illiquid, retained by long-term holders and cold storage investors. This growth underscores a … Read more