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Bitcoin Ends 11-Week Winning Streak With $33M Outflows While Altcoins Buck Trend: CoinShares

Digital assets investment products ended their 11-week streak of positive cash flows with withdrawals amounting to $16 million. However, trading activity remained significantly higher than the yearly average, reaching $3.6…

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Bitcoin Jumps Off $41K But is the Correction Really Over? (BTC Price Analysis)

Bitcoin’s price action has been significantly bullish over the recent months, breaking past several resistance levels. However, judging by how the past few daily candles have closed, it’s interesting to…

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What’s Causing the Current Bitcoin Crash and How Low Can it Go? (BTC Price Analysis)

Bitcoin’s price has been very bullish over the last couple of months. However, it is finally showing subtle signs of correction today. Therefore, it is worth analyzing the charts for…

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Institutions Ignoring Altcoins, Betting on Bitcoin: Bybit Research

According to research by Bybit, institutional traders have expressed a significant bullish sentiment towards Bitcoin, mixed sentiments regarding Ether, and a general air of skepticism towards altcoins. From December 2022…

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Bitcoin Eyes $50K to $53K Target: Optimistic Outlook Reinforced by Lack of Retail Liquidity

Bitcoin experienced a notable price uptick in the past few weeks, surpassing the $40,000 mark and reaching its highest point since April 2022. This upward momentum was fueled by an…

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Bitcoin Explodes to $44K, Ordinals and BRC20 Tokens Surge, Meme Coin Madness Accelerates: This Week’s Recap

The past week was particularly explosive in the crypto markets, the capitalization of which increased by close to $200 billion. Currently standing at $1.7 trillion, the industry shows little signs…

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Will a Bitcoin ETF Approval be a Sell the News Event? Prominent Expert Chips In

On Dec. 8, Jurrien Timmer, the director of global macro in Fidelity’s Global Asset Allocation Division, commented on a potential SEC update on Bitcoin. However, it is “unclear if this…

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BTC Short Sellers Burn Through Billions as Bitcoin Refuses to Drop

Cryptocurrency short sellers experienced a turbulent year in 2023, grappling with mark-to-market losses amounting to $6.05 billion. These losses were primarily driven by the remarkable performance of Bitcoin and other…

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Two Possible Scenarios for BTC in the Next Few Days (Bitcoin Price Analysis)

Despite indications of incoming bearish price action, Bitcoin has charted a substantial increase, successfully reclaiming the critical psychological resistance of $40K. While the market reflects a robust bullish sentiment, there…

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Bitcoin Plunges Toward $43K as Crypto Markets Take a Breather (Market Watch)

The past 24 hours saw a rollercoaster of performance in the cryptocurrency market, with most of the coins charting both multi-month heights and, subsequently, declines in the past hours. Bitcoin…

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