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To say that it’s been a good week for the cryptocurrency market would likely be an understatement. The total capitalization is currently sitting at $2.45 trillion, which means that it’s…
The eleven spot Bitcoin ETFs in the United States have collectively surpassed $20 billion in inflows this week. Thursday’s big inflow added to that total flow figure, which was $20.73 billion,…
Bitcoin tried to take down the $68,000 level with a brief increase above that level but has failed for now and sits just below it. Nevertheless, its dominance over the…
Around 18,500 Bitcoin options contracts are expiring on Friday, Oct. 18, with a notional value of around $1.26 billion. Today’s options expiry is very similar to last week’s, with declining…
BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), experienced a massive net inflow of $393.40 million on October 16th. According to data from SoSoValue, this figure represents the largest influx…
With bitcoin (BTC) surging above $60,000 since the beginning of the week, investors have become greedy. This is evident in the Fear and Greed Index, which depicts market sentiment at…
Kraken announced the launch of its own wrapped Bitcoin token custodied by the crypto exchange. Dubbed ‘Kraken Bitcoin (kBTC),’ the new product is a fully backed, cross-network-compatible ERC-20 representation of…
TL;DR Bitcoin soared to around $67,400, with some metrics suggesting potential for further gains. However, some bearish signals, such as an overvalued MVRV ratio and overbought RSI, indicate a possible…
Bitcoin’s positive price movements took it to a new multi-month peak of almost $68,500 yesterday, but the asset lost some traction and now sits above $67,000. The altcoins are also…
TL;DR Ripple and SEC are entering a new phase in their lawsuit, with filings and appeals extending the case. Bitcoin briefly surged past $68,000, fueling optimism about a potential bull…