Over the past few days, the price of Bitcoin has been falling because it hasn't attracted enough buyers around the $98,000 mark. As a result, sellers have been consolidating the price around $95,000.
Bitcoin stands poised to breakout from the current consolidation range on looming CPI data. The crypto market is closely watching today's release of the January consumer price index by the U.S.
At the heart of Lido V3 are “stVaults,” a modular tool that connects stakers, node operators, and protocols. They also optimize fees, risks, and rewards.
BTC slipped below $95,000 immediately after the news broke.
Some of the industry's leading innovators, including Adam Back, say that Bitcoin's “floor price” is above $40,000.
Both the headline and core rates of inflation rose faster than expected in January.
Like rats leaving a sinking ship, 605 million dollars in ETH are making their escape. Should we see this as an imminent rebound or a planned shipwreck?
Bitcoin's "smart money" investor cohort must keep its nerve if BTC price downside sees a retest of range lows.
Bitcoin sellers are facing challenges in breaking below the crucial 100-day moving average at $96K, resulting in a phase of market indecision. This line remains a key battleground between bulls and bears, as price action around this threshold is expected to dictate the next major trend.
Ethereum's price has been dropping rapidly over the past few weeks, and while it has seemingly slowed down, more downside movement is still possible.
This effort is part of Avalon Labs' strategy to expand its Bitcoin lending business in the US and provide broader access to crypto for retail investors. The post Avalon Labs Considers First Bitcoin-Backed Debt Public Fund, Targeting Retail Investors appeared first on Cryptonews.
Federal Reserve (Fed) Chair Jerome Powell said the US won't roll out a CBDC (Central Bank Digital Currency) so long as he's in charge. Crypto advocates exhaled in relief.
Bitcoin's price remains volatile as institutional investors accumulate while retail traders remain bearish amid wider market uncertainty.
As we look to 2025, the question is no longer if tokenization will transform financial markets but how deeply it will change the global economy
In a major boost for the crypto industry, Oklahoma's State Commission has voted to advance its plans for a strategic Bitcoin reserve in the state. This means even more bullish times ahead for cryptocurrencies, as more US states rush to embrace Bitcoin.
El Salvador's attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, according to an analysis by John Paul Koning. What Happened: Even with government support, adoption sputtered, Koning stated in a blog post.
Bitcoin ETFs faced a net outflow of $56.76 million, while ether ETFs enjoyed a net inflow of $12.57 million, highlighting divergent investor sentiments. Bitcoin ETFs See $56.76 Million Outflow With Ether ETFs Attracting $12.58 Million Inflow The daily trading action of crypto exchange-traded funds (ETFs) on Tuesday, Feb.
It's difficult to find many assets that have performed as well as Bitcoin (BTC -1.58%). In the past five- and 10-year periods, the world's top digital asset has rocketed 840% and 44,020% higher, respectively, even though it trades about 12% below its peak of $109,000 reached in late January (as of Feb. 11).
Goldman Sachs increased their Bitcoin and Ethereum ETF stack. The institution is improving its accessibility to cryptocurrency products.
Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.
Avalon Labs is expanding its efforts to bring Bitcoin-backed financial products to both crypto enthusiasts and mainstream users.
Bitcoin could reach $1.5 million by 2030, says ARK Invest CEO Cathie Wood, citing rising institutional adoption and growing demand for BTC as an asset class.
Altcoin losses remain large in percentage terms but are not as extreme as prior crashes like the Great Miner Migration.
Goldman Sachs investment bank significantly strengthened its presence in the crypto market in the fourth quarter of 2024, with a dramatic increase in its investments in Bitcoin and Ethereum ETFs. This is a surprising development for a bank that had recently shown a critical stance on cryptocurrencies.
Bitcoin's short-term rally potential strengthens as net taker volume turns positive, liquidations drop, and key metrics align.
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Against the backdrop of a broader crypto market slump in recent days, Ethereum bulls have capitalized on the opportunity by buying the dip. Recent whale data by a top crypto market analyst disclosed that a whopping 600,00 coins were accumulated over the past seven days, suggesting a rally ahead for ETH price.
Bitcoin (BTC) remains trapped in a tight range between $90,000 and $110,000, struggling to break past key resistance levels as investors wait for fresh inflation data. The upcoming US Consumer Price Index (CPI) release could determine whether Bitcoin finds renewed momentum or remains stuck in its current consolidation phase.
Bitcoin (BTC) price has started to consolidate above the $95,000 support after falling below the moving average lines.
According to BlackRock, Bitcoin has now transitioned into a “risk off” asset. This positions it as a viable global monetary alternative.
Data shows Ethereum has recently observed its highest exchange net outflows in around two years, something that can be bullish for the ETH price. Ethereum Exchange Flow Balance Has Seen A Deep Red Spike Recently According to data from the on-chain analytics firm Santiment, investors have been withdrawing ETH from exchanges recently.
Bitcoin (BTC) traders are closely monitoring market movements, as well-known cryptocurrency analyst "DonAlt" shared insights into the current price range and potential breakout scenarios. At present, Bitcoin is trading between $95,000 and $99,000, maintaining a defined range.
The January CPI figures are due out later in the day on Wednesday. CPI is forecast to be slightly down, while Core CPI is forecast to come in slightly up.
Some physical limits of the precious metal are causing its cost to increase regardless of the demand/supply ratio.
Bitcoin's bullish momentum continues to capture market attention, with the cryptocurrency moving closer to the $100,000 mark once again. As of the latest data, Bitcoin (BTC) was trading at $98,215.61, showing a modest 0.42% increase in the past 24 hours.
Goldman Sachs boosts Bitcoin and Ethereum investments, signaling rising institutional demand and shifting market dynamics.
Goldman Sachs boosts Ether ETF holdings by 2,000%, signaling strong institutional interest. Bitcoin ETF investments also rise by 114%.
This open-source, self-custody wallet allows users to securely store and manage their Bitcoin without needing a middleman. This new Bitcoin wallet offers an easy and secure way to handle Bitcoin with complete control over their funds.
Avalon Labs says it is exploring the possibility of filing the industry's first Bitcoin-backed debt public fund aligned with SEC regulations.
WLFI introduced a “Macro Strategy” to strengthen its financial backbone and support major crypto projects. The project bought $5M in ETH, raising total ETH holdings to $48.39M.
Mike Novogratz believes Bitcoin will be on the balance sheet of the US government within six months. By mid-2025, a rise in crypto IPOs is expected to ease regulatory barriers.
The strategic reserve aims to invest in the growth of Bitcoin, Ether and other cryptocurrencies “at the forefront of reshaping global finance.”
The strategic reserve aims to invest in the growth of Bitcoin, Ether and other cryptocurrencies “at the forefront of reshaping global finance.”
Japanese firm Metaplanet raised ¥4 billion through zero-interest bonds for Bitcoin purchases while its stock reached ¥6,650, representing gains of 81% monthly and 4,000% yearly, as it pursues a target of acquiring 21,000 Bitcoins by 2026.
Goldman Sachs has unveiled a massive Bitcoin exposure. The banking giant boosted its BTC ETF stash by over 120% in the fourth quarter of 2024.
On-chain data shows whale investors have not been aggressively withdrawing Bitcoin from centralized exchanges amid low supply from OTC markets.