Day: February 19, 2025

Bitcoin Buying Pressure Wanes—Chart Reveals 60-Day Downtrend

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints

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Este artículo también está disponible en español. A Bitcoin on-chain level has historically served as the boundary for bear markets. Here’s how far the asset’s price is currently from this line. Bitcoin Is Above Realized Price Of All Major Cohorts Right Now In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed where the Realized Price currently stands for some of the important Bitcoin investor groups. The “Realized Price” here refers to an on-chain indicator that keeps track of the cost basis of the average…

Memecoin Craze Is ‘Unquestionably Over’ as Crypto Heads Towards Maturation, Nic Carter Says

The era of memecoins as a supposedly fair trading opportunity is “unquestionably over,” according to Nic Carter, a partner at Castle Island Ventures. In a post on X, Carter argued that memecoins—tokens with little to no utility beyond speculative trading—were initially attractive because they appeared to offer an even playing field for retail investors. However, with recent scandals such as LIBRA coin, the market has been overtaken by insiders, prelaunch deals, and bot-driven trading, leaving everyday traders at a disadvantage. “The entire premise of memecoins was that they were ‘fair…

Bitcoin Faces $86K Threshold as Demand, Liquidity Woes Persist: Report

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Bitcoin’s price risks further decline amid persistently weak demand and liquidity, according to a Cryptoquant report released on Wednesday. Cryptoquant Warns of Bitcoin Downturn Amid Historic Liquidity Slowdown In a Feb. 19, 2025 report, Cryptoquant researchers warned bitcoin (BTC) could drop to $86,000 after hitting a one-month low of $93,000, citing deteriorating demand and liquidity […] Original

Bitcoin investor Stephen Weiss cuts exposure as ‘momentum dies’

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Notable investor Stephen Weiss took profits from his Bitcoin position via BlackRock’s iShares ETF. Weiss, founder and managing partner at Short Hills Capital Partners, said on CNBC’s “Halftime Report” he booked profits from an investment in BlackRock’s iShares Bitcoin Trust. Weiss disclosed that his trading plan was always to sell a portion of his position when Bitcoin’s momentum cooled. Bitcoin was trading below $45,000 when the Securities and Exchange Commission approved a dozen spot Bitcoin exchange-traded funds. The cryptocurrency reached an all-time high of $108,786 on Jan. 20, more than…

Bitcoin ETFs Steal Gold’s Shine

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The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled within that same timeframe, while spot bitcoin ETFs have amassed more than $40 […] Original

Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring

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XRP’s price trajectory has had ups and downs in the past two weeks. Particularly, the large part of the past seven days was characterized by a notable decline from $2.8 to $2.5 before rebounding at this level.  Interestingly, this fall towards $2.5 was highlighted by a crypto analyst on the TradingView platform, who also noted a breakout potential. Crypto analyst TehThomas previously identified the $2.5 level as a key Fair Value Gap (FVG) that could act as strong support and recent price movements suggest that buyers are now stepping in…

Aptos (APT) Surges 16.6% as All Assets Trade Higher

CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 3194.09, up 3.3% (+101.56) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: APT (+16.6%) and LTC (+7.3%). Laggards: BTC (+2.4%) and ADA (+2.4%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal

Quantum Storm Brewing: Can Bitcoin Outrun Microsoft’s Million-Qubit Countdown?

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On Wednesday, Satya Nadella, chairman and CEO at Microsoft, unveiled a quantum computing breakthrough featuring the company’s Majorana 1 chip. This achievement, notably his remark about a “clear path to a million-qubit processor,” has already sparked discussions about Bitcoin’s alleged vulnerability. Microsoft’s Majorana 1 Chip Ignites More Quantum vs. Bitcoin Debate Since December, Bitcoin has […] Original