The current upward trend is driven by several key factors: 1. Heightened institutional sector activity: Nasdaq is planning to list options worth $43 mln on BlackRock’s iShares Bitcoin Trust ETF (IBIT), and Goldman Sachs is looking to spin out its wholly-owned tokenization platform. 2. Political factor: Since Donald Trump victory in the November 5 election, […]...
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Crypto market capitalization: $3.09 trln (+0.67%) Dominance: BTC – 58.9%, ETH – 12.2% Fear and Greed Index: 83 (Extreme Greed) vs. 83 in the previous session Bitcoin logged robust performance over the past week, up about 14% as the Trump-fueled momentum trade decelerated towards the weekend. The top crypto currency has been hovering in a narrow band […]...
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After taking a breather on Tuesday, Bitcoin was back in rally mode on Wednesday, defying expectations of a correction or an extended consolidation. Not long after North American trading opened, the flagship crypto currency cracked the $93k mark for the first time ever before falling back. According to Coinglass, $711,340,000 worth of positions were liquidated […]...
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After several attempts to breach $90k to the upside, BTC finally made a new ATH, albeit only momentarily, at $93,400 heading into the close of trading on November 13. As we correctly noted yesterday, a consolidation or correction did indeed break out, as the crypto market shows signs of overheating and has visibly reached overbought […]...
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Crypto market capitalization: $2.95 trln (+7.6%) Dominance: BTC – 58.9%, ETH – 13.6% Fear and Greed Index: 86 (Extreme Greed) vs. 79 in the previous session On Monday November 11, after taking out the $84,547 resistance we referenced yesterday, Bitcoin extended its rally to a new all-time high at $89,604. The Crypto King ended the […]...
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Crypto market capitalization: $2.92 trln (+0.99%) Dominance: BTC – 59.3%, ETH – 13.8% Fear and Greed Index: 79 (Extreme Greed) vs. 75 in the previous session Bitcoin continued to make new all-time highs on Monday, November 11, with the rally gaining momentum over the weekend. Last week’s highlight was Trump’s landslide victory in the November 5 US […]...
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Assessing the situation surrounding the HMSTR token, we previously noted a major decline in its value after the Binance listing – by as much as 84% to $0,0023. This was truly a spectacular crash, flagging serious problems associated with the project. In our view, the price action will continue to trend lower. We maintain that […]...
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Heightened volatility has been seen on Wednesday, November 6, against the backdrop of final exit polls in the US presidential election. The BTC/USDT pair soared to an all-time high of $76k on the back of preliminary election data and the projected victory of Donald Trump. The presidential election is a complex and multi-stage process that […]...
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Last week, bitcoin exhibited heightened volatility amid the impact of several key factors. Positive sentiment drove inflows into spot ETFs ($480 mln per day), with the BlackRock IBIT fund alone taking in over $300 mln in two days. Total ETF assets reached $66 bln, underscoring continued strong institutional interest. However, the market came under pressure […]...
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The public appearance of Changpeng Zhao (CZ) after his prison term will not likely exert much of an impact on the BNB price, and here’s why: he has been officially suspended from Binance management for life and has no formal powers in the company, although he remains the majority shareholder. However, the fact that CZ […]...
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