Auto Added by WPeMatico

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI…

Continue ReadingBitcoin Continues to Dominate as Altcoin Season Index Score Plummets

Short Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?

Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for Exchange Traded Products (ETPs)…

Continue ReadingShort Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?

Here’s the Percentage of Bitcoin Addresses in Profit Following Surge to $67K: ITB

Bitcoin’s latest uptrend and surge to the $67,000 level have put many investors in the money, with the majority of addresses holding the primary cryptocurrency flashing green. A tweet from…

Continue ReadingHere’s the Percentage of Bitcoin Addresses in Profit Following Surge to $67K: ITB

SEC Extends Review Period for Bitcoin Trust Options Trading Proposals

The U.S. Securities and Exchange Commission (SEC) has announced an extension for its decision on proposed rule changes from various self-regulatory organizations regarding the listing and trading of options on…

Continue ReadingSEC Extends Review Period for Bitcoin Trust Options Trading Proposals

Weekly Crypto Market Roundup: Top Gainers and Losers Revealed

On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The…

Continue ReadingWeekly Crypto Market Roundup: Top Gainers and Losers Revealed

Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation

Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour…

Continue ReadingEthereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation

Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum

On Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion…

Continue ReadingBitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum