Bitcoin has broken decisively to a new all-time high with upside acceleration, confirming a bullish breakout from its recent consolidation range and setting sights on 135k level. The rally gained additional momentum as bullish sentiment grows ahead of “Crypto Week” in the US Congress, where the House Committee on Financial Services, led by the Republicans,…
A widely followed crypto analyst believes Bitcoin’s (BTC) bull market is just weeks away from coming to an end. The analyst pseudonymously known as Rekt Capital tells his 550,400 subscribers on the social media platform X that the Bitcoin bull market could end in two or three months if history repeats itself. According to the…
Bitcoin powered to yet another record on Thursday, rising above $113,800 in a sharp rally fueled by institutional inflows, a friendlier regulatory tone from Washington, and renewed appetite for risk across markets. The price gains followed a week of building momentum, with traders increasingly optimistic that digital assets could benefit from changing political winds. The…
Bitcoin surged to a new all-time high above $112,000 on Wednesday, breaking out of weeks-long consolidation after U.S. President Donald Trump called the Federal Reserve’s interest rates “at least 3 points too high.” The move came amid a broader rally across crypto assets, with Ethereum’s ether jumping 5% to $2,746, its highest in nearly a…
As bitcoin continues a now multi-week consolidation just below its all-time high of $112,000, an interesting accumulation phenomenon is occurring. Both short-term and long-term holders have been increasing their stacks as distinct cohorts, which is unusual because these groups typically act in opposite directions, according to Glassnode data. The chart below from Glassnode illustrates the…
On-chain data shows the Bitcoin miners have seen a drop in activity as their transaction volume share has declined to multi-year lows. Bitcoin Miner Volume Is Now At Its Lowest Since November 2022 According to data from the institutional DeFi solutions provider Sentora (formerly IntoTheBlock), the Bitcoin Miners’ Volume Share has recently gone down. This…
Ethereum (ETH) co-founder Joe Lubin says decentralization will be the main narrative that drives markets in the coming years. In a new interview with CNBC, Lubin, the chair of SharpLink, a gaming company with an Ethereum treasury, says his firm’s ETH accumulation strategy is about generating more awareness of the leading smart contract platform. “It’s…
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Join Our Telegram channel to stay up to date on breaking news coverage Despite the non-fungible token market experiencing fluctuations in the past four years, Bitcoin has solidified its position as a significant player, particularly with the advent of Ordinals and its rapidly growing NFT ecosystem. According to the latest statistics, nearly 100 million Ordinal…
A crypto strategist with a history of timely Bitcoin (BTC) calls believes that the digital asset market will flourish this month. Pseudonymous analyst Pentoshi tells his 868,800 followers on the social media platform X that he sees the crypto markets rallying this month amid a slew of bullish catalysts. “It’s the start of a new…