Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday
Following a relatively boring Friday and Saturday, bitcoin’s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000.…
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Spot Markets Drive Bitcoin to $106K as Coinbase Sees $45M Daily Buying Pressure: Glassnode
Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s…
Bitcoin Price Analysis: Is BTC’s Consolidation Phase Nearing Its End?
Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once…
Big Bitcoin Bet as BTC Whale Doubles Down With $393 Million Long Position
On-chain data reveals that an unknown large market participant has opened a few mindblowing long positions for bitcoin with an average price of just over $103,000. Broadcasting live data from…
Metaplanet Hits All-Time High $6M Q1 Revenue as BTC Holdings Surge 3.9x
The Japanese hospitality firm Metaplanet has disclosed record-breaking earnings for the first quarter of the year, primarily attributing the success to its Bitcoin treasury strategy. According to the firm’s Q1…
ETH Dips Into Undervaluation Zone, Is Altseason Around the Corner?
Ethereum’s price metrics are flashing signals that suggest that the long-awaited altcoin season (altseason) may be around the corner. According to a report by the market analytics platform CryptoQuant, the…
Bitcoin Price Maintains $100K Level but Altcoin Season Gains Momentum: Your Weekly Crypto Recap
After last week’s triumphant surge past $100,000 following the promising news for a trade deal between the US and China, the current one began with another leg up for bitcoin…
Will Markets Continue to Fall When $3B Crypto Options Expire Today?
Around 26,500 Bitcoin options contracts will expire on Friday, May 16, and they have a notional value of roughly $2.7 billion. This week’s event is very similar to last week’s,…
BTC Price Slips as Long-Term Bitcoin Holders Begin to Take Profits
Analysts at the on-chain analytics platform CryptoQuant believe it is time to monitor the activity of long-term bitcoin (BTC) holders. This is due to their impact on the price trajectory…
Bitcoin Price Analysis: Is BTC About to Break Below $100K After Recent Rejection?
Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout…
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