Bitfinex Explains Bitcoin’s Monday Plunge
Risk assets faced a meltdown caused by rising concerns over a Chinese artificial intelligence (AI) model created by the AI startup DeepSeek. This model, dubbed R1, rivals o1, another one…
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Bitcoin (BTC) Price Recovery, Important Shiba Inu (SHIB) News, and More: Bits Recap Jan 28
TL;DR Bitcoin (BTC) surged to approximately $103K after a severe dip, with analysts anticipating a new price discovery phase and potential record highs. Shytoshi Kusama stepped down as Shiba Inu’s…
These Altcoins Lead the Market Recovery as Bitcoin Gains $5K (Market Watch)
Bitcoin’s adventure below $100,000 didn’t last long as the asset reclaimed that level in the past 12 hours and even spiked to over $103,000 earlier today. The altcoins have also…
Bitcoin Records Double-Digit Gains in 8 of 12 Februaries: Will History Repeat?
Eight of the past twelve months of February going back to 2013 have seen double-digit gains for Bitcoin, according to Coinglass. The average gain for the second month of the…
Bitcoin Reclaims $103K as Second Phase of Price Discovery Begins: Analyst
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent…
Russian Power Giant Rosseti Embraces Bitcoin Mining to Monetize Excess Capacity
Rosseti Group – Russia’s leading electric grid operator – has announced its interest in becoming an operator for hosting mining infrastructure. The company told TASS that this initiative focuses on…
Bitcoin Likely to Consolidate Before Recovery: Key Reasons Explained
A rise in stablecoin deposits on exchanges is generally viewed as a sign of increased buying interest in cryptocurrencies. While USDC dominance has increased, the buying momentum in the US…
Trump’s Executive Orders Spark $1.9B Weekly Investments in Crypto: CoinShares
Digital asset investments saw $1.9 billion in inflows last week, bringing YTD inflows to $4.8 billion. Presidential orders proposing Bitcoin as a reserve asset likely influenced this surge in investments.…
Bitcoin Price Analysis: BTC Risks Decline to $92K If It Closes Below Crucial Support
Bitcoin’s price has once again failed to break above the $108K resistance level, as the crypto market is correcting going into the new week. Technical Analysis By Edris Derakhshi (TradingRage)…
MicroStrategy Announces Another Billion Dollar Bitcoin Purchase
Michael Saylor, the founder and former CEO of MicroStrategy, announced the company’s latest massive acquisition of BTC. The firm has stayed consistent for the past several months in announcing new…
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