As bitcoin climbed to levels unseen since March, Nigerian-British polymath Zuby—renowned as a rapper, podcaster, author, and public speaker—told his 1.2 million followers on X to “save in bitcoin,” eschewing reliance on saving in fiat currency. Zuby Discloses a Literal ‘Cheat Code for the Emotionally Stable’ Although equity markets found renewed footing amid U.S. President […] Original
Category: Bitcoin News
Bitcoin ETFs Record Largest Inflow Since January With $936 Million Funds Influx
Bitcoin ETFs experienced a historic surge, drawing in $936 million, their largest single-day inflow since January 17. Ether ETFs snapped an outflow streak with $38.74 million in fresh capital. Massive $936 Million Pours Into Bitcoin ETFs As Ether ETFs End Outflow Streak With $38 Million Boost A wave of capital flooded into U.S. spot bitcoin […] Original
Bitcoin Open Interest Jumps 9% as Tariff Concerns Thin Out
Key Notes Bitcoin futures open interest increased 9% to 715.71K BTC, valued at $66.98 billion. Prices rose 5.83% to nearly $94,000 amid U.S.-China trade optimism. Funding rates turned positive, reflecting a bullish shift in market sentiment. Current market data shows a rally in the price of Bitcoin (BTC), driven by growing optimism surrounding a potential U.S.-China trade agreement. This sentiment was further supported by a softening stance from the Trump administration on tariffs. With the price increase, open interest in Bitcoin perpetual futures rose by 9%, indicating strong investor confidence…
Bitcoin becomes fifth largest asset after $94k breakthrough
Bitcoin overtakes Google and Amazon by market cap, claiming its place as the fifth largest asset. This milestone comes only a day after BTC surpassed $94,000. On April 23 at around 11:20 AM UTC, Bitcoin (BTC)’s market cap surged to $1.86 trillion following its price increase to $94,320. The rise in BTC’s market cap surpassed that of industry strongholds like Google and Amazon. Google’s market cap currently stands at $1.859 trillion, meanwhile Amazon has a market cap of $1.837 trillion. Not only that, BTC also managed to beat silver, another…
Skeleton Keys Turn: $74M in Decade-Old Sleeping Bitcoin Wallets Spring to Life
Since Easter’s price climb thrust bitcoin to fresh highs, a wave of once-silent coins has begun to stir. In just the past few days, 790.97 BTC—now valued at about $74.10 million—have left hibernation after years of inertia. Slumbering Bitcoin Cohort Awakens After Easter Rally As BTC breezed past $93,000, a wallet born on Sept. 14, […] Original
Altcoins may never recover, while Bitcoin dominance got biggest since early 2021
Bitcoin dominance has been growing steadily after dropping to 40% in November 2022. This April, Bitcoin dominance crossed the 64% mark, meaning that the market cap of Bitcoin accounts for nearly two-thirds of the entire crypto market capitalization. While some still wait for the altcoin season to begin, others state this cycle is different, and there will probably be no altcoin seasons ever again. Bitcoin dominance is nearing 64%, last seen at the peak of the 2020 bear market. This isn’t just a $BTC move. Its capital rotating out of…
Bitcoin Price Watch: MACD and Moving Averages Align in Bullish Formation
Bitcoin continues to command investor attention with its price settling at $93,574, supported by a market capitalization of $1.85 trillion. In the past 24 hours, the cryptocurrency has traded between $88,499 and $94,510 on a robust volume of $58.72 billion, underscoring heightened activity and trader interest across various timeframes. Bitcoin Bitcoin‘s technical indicators from the […] Original
XRP, Pi Network prices jump with Bitcoin nearing $95k
XRP and PI rallied, rising 8.83% and 6.5% respectively, amid growing optimism around XRP’s ETF prospects and Pi Network’s mainnet progress. The crypto market is showing early signs of recovery, with Ripple’s XRP (XRP) up 8.83% and Pi Network’s PI (PI) token gaining 6.5% on Wednesday, as Bitcoin (BTC) continues its climb toward the $95,000 level. Part of the renewed attention around XRP may relate to recent comments from Teucrium CEO Sal Gilbertie, who spoke with Bloomberg about the token’s real-world applications. Calling XRP a coin with the “most utility…
Bitcoin futures saw the largest liquidity increase in the past year with $5.34b in positions
CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold. In a recent post, CryptoQuant analyst Axel Adler Jr. said that traders have opened BTC (BTC) positions amounting to 57,000 BTC in the past three days. At current market prices, the accumulated amount of BTC positions is worth $5.34 billion. “This is the largest liquidity increase in the past year,” said Adler. According to data from CoinGlass, in…
Bitcoin Reclaims $94,000, Rising 6.2% in 24 Hours
Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold. The recent price movement underscores bitcoin’s appeal amid fluctuations in other […] Original