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Bitcoin News

Bitcoin Can Support Triple Market Cap With Price Reaching $265,000: CryptoQuant CEO

CryptoQuant CEO suggests Bitcoin could sustain a $265,000 price, backed by network fundamentals that support three times its previous cyclical top. A recent analysis by...

Bitcoin Bleeds as Crypto Investment Products See $251M Weekly Outflow

Bitcoin (BTC) takes the biggest hit, as crypto-focused investment products record $251 million in weekly outflows, marking the fourth consecutive week of sustained capital...

Here’s Why Bitcoin Could Hit $70,000 this Week

On May 6, Bitcoin's price broke above $65,000 for the first time in 10 days. The recent decline in BTC supply on exchanges suggests...

Hong Kong Spot Crypto ETFs See $7M Volume on May 6, 243x Less Than US Volume at $1.8B

Hong Kong spot crypto ETFs witnessed a meager $7.7 million volume on May 6, way less than the $1.88 billion volume recorded by their...

Bitcoin Rebound Confirmed as Whales Amass 47K+ BTC Worth $2,802,500,000 in One Day

Bitcoin is now on a path to short-term price recovery following the accumulation of over $2.8 billion BTC in the last 24 hours. This week,...

Bitcoin Price Forecast: BTC Short Traders Face $1.2B Losses after US NFP Report

Bitcoin derivatives traders' reaction to the underwhelming US Non-Farm Payrolls report could drive prices further upward as Bitcoin price extends its May 2024 rebound...

Top Analysts See XRP Price Making “Life-Changing” Move Against Bitcoin

Three prominent crypto analysts have identified a looming XRP price upsurge against Bitcoin, with two of them touting the upcoming move as a “life-changing”...

Top Analysts Unanimous that Bitcoin Correction Ends at $56K

While bearish forces have dominated the Bitcoin market for the past month, causing a 22% price sink, many analysts are confident BTC’s bottom is...

Market Volatility Hits Bitcoin Miners as Revenue Declines to Levels of Early 2023

Bitcoin miners experience a decline in revenue to early 2023 levels as market sentiment swings amid price drops. Market data confirms that Bitcoin miners are...

Bitcoin Price Dips Below $58k first time in 60 Days: Here’s Why

Bitcoin (BTC) price tumbled 4.4% within a frenetic 4-hour period on May 1, sliding below the $58,000 mark for the first time in 60...

Bitcoin Takes Biggest Hit as Crypto ETP Market Suffers $6.2B Decline in Volume

Crypto investment products led by Bitcoin witnessed the third conservative week of negative flow, with a staggering $6.2 billion crash in trading volume. Digital asset...

Bitcoin Funding Rate Turns Negative for the First Time this Year

Bitcoin futures and derivatives data confirms that the premier crypto asset’s funding rate silently turned negative for the first time this year, right before...

Bitcoin MVRV Ratio Crashes Below 90-Day Average, Signaling Imminent 67% Price Surge

The Bitcoin (BTC) MVRV ratio has dropped below its 90-day average, signaling an upcoming price rally, with the possibility of an impressive 67% increase.  Market...

Bitcoin Leads as Crypto Products See Second Week of Outflows, Totaling $206M

Crypto investment products saw $206 million in outflows, as Bitcoin leads the losses, with up to $192 million in weekly outflows. Last week, digital asset...

Here Are Top 5 Price Predictions for Shiba Inu After Bitcoin Halving

This article outlines the top five bullish forecasts for Shiba Inu after the completion of the fourth Bitcoin halving. The much-anticipated Bitcoin halving of 2024...

Biggest Bitcoin Whales Amass $1,235,000,000 BTC Before Halving

The largest tier of Bitcoin holders has restocked nearly 20K BTC with a monetary value averaging $1.235 billion just before the 2024 Bitcoin halving. As...

Here are Top Bitcoin Predictions After BTC Halving 

With the upcoming Bitcoin halving slated to occur in the next few hours, we’ve compiled the top predictions for BTC price after the highly...

Binance Founder CZ Debunks Misconception about Bitcoin Halving

Hours before the imminent Bitcoin halving, Binance founder and former CEO Changpeng “CZ” Zhao clarified that it would not impact supply like stock splits. Zhao...

Analyst Van de Poppe Foresees Bitcoin Consolidation, Calls the Altcoin Bottom

Market analyst Van de Poppe believes Bitcoin (BTC) is currently looking to consolidate at its current price as the altcoin bottom slowly creeps in. Michaël...

XRP May Soar 942% to $5.2 After Bitcoin Halving

XRP may potentially witness a near tenfold gain to a $5.2 price after the upcoming Bitcoin halving if it mirrors the 2020 pattern. The much-anticipated...