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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…

Continue ReadingSpot Markets Drive Bitcoin to $106K as Coinbase Sees $45M Daily Buying Pressure: Glassnode

Arthur Hayes Predicts Capital Controls Will Propel Bitcoin to $1M by 2028

Bitcoin (BTC) could surge to $1 million by 2028, not due to exchange-traded fund (ETF) inflows or institutional adoption, but because of looming capital controls in the United States. That’s…

Continue ReadingArthur Hayes Predicts Capital Controls Will Propel Bitcoin to $1M by 2028

Bitcoin Metrics Align for Extended Bull Run as Price Holds Above Six Figures: Analysts

Bitcoin is trading above $100,000 while its realized price is around $45,000, observed CryptoQuant researcher Axel Adler on May 14. He added that the daily realized price yield ranges from 0.10%…

Continue ReadingBitcoin Metrics Align for Extended Bull Run as Price Holds Above Six Figures: Analysts