Table Of Contents Total 3 tells the story $KAS makes a breakout $SUI looks bullish $SUI cup and handle pattern With Bitcoin and the crypto market totally ignoring the bearish SEC investigation into the Ethereum Foundation, solid gains were made across the board on Wednesday. As Thursday sees calmer price action, both Kaspa (KAS) and…
Read more
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance. Bitcoin topped $67,000, a more than 10% jump from lows hit hours earlier, after the Fed’s decision on rates and comments about interest rates. Ether rebounded from a drop prompted by fears…
Read more
Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived. Bitcoin’s Tether-denominated price on BitMEX, represented by the XBT/USDT pair, crashed to $8,900 late Monday. BitMEX said on X that it is investigating the large sell orders that caused the flash crash. Yes, you read the…
Read more
Crypto market capitalization dropped 7%, with major tokens like bitcoin, ether, and others falling sharply in the past 24 hours. The decline was triggered by higher-than-expected inflation data and profit-taking by some traders, with some analysts predicting further losses before a potential rebound. Crypto market capitalization dropped 7%, its sharpest fall this year, as bitcoin (BTC) plunged…
Read more
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies. Bitcoin traded slightly higher in Asia as Japan’s Nikkei index fell over 2%. Bank of Japan, the last bastion of low-interest rates, could soon fall, Reuters said. Bitcoin (BTC) traded slightly higher early Monday as talks that the Bank of Japan (BOJ),…
Read more
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said. Bitcoin is 3.7 times more volatile than gold. If the crypto were to match gold in risk capital terms it implies a price of $45,000. The net inflow into spot bitcoin ETFs is about…
Read more
You don’t need me to tell you that bitcoin (BTC) has been on a tear. The first and largest cryptocurrency by market cap is up over 6% just in the past 24 hours, after crossing a supposedly psychologically important threshold of $65,000 according to CoinDesk Indices data. It’s now within striking distance of its all-time…
Read more
The tumble occurred shortly after bitcoin hit a record high of $69,325. Bitcoin took 10 minutes to return to parity with euro trading pairs on other exchanges. Flash crashes are typically attributed to a lack of liquidity or a “fat finger” trade. Bitcoin (BTC) lost 23.7% of its value against the euro on Coinbase (COIN) Tuesday during…
Read more
Ether also hit a new milestone, recording its highest price since January 2022. Bitcoin topped $68,000 on Monday, nearing its November 2021 record around $69,000. It is rapidly approaching silver’s nearly $1.4 trillion market capitalization. Ether topped $3,600 for the first time since January 2022 amid strong institutional demand. BlackRock’s bitcoin ETF saw another busy…
Read more
Bitcoin is witnessing a significant movement, with exchanges experiencing a near-record outflow of over $2 billion. According to a post by James Van Straten on X (formerly known as Twitter), the statistics from the on-chain analytics firm Glassnode showed that the Bitcoin market saw a notable exodus on March 1, with exchanges seeing around $2.3…
Read more
