Tag: Bitcoins

Bitcoin’s drop below $104K caps the start of altcoin season

boss

Key points: Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000. Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels. Bitcoin’s (BTC) failure to rise above $109,588 may have tempted short-term buyers to book profits. That has pulled the price under $104,000 on May 30. US spot Bitcoin exchange-traded funds recorded a net outflow of $347 million on May 29, its first outflow since May 13, according to CoinGlass. Derive founder Nick Forster told Cointelegraph that Bitcoin is likely to…

Bitcoin’s Moment Is Now As US Debt Train Hits Full Speed: Expert

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Lyn Alden, a leading macroeconomic strategist and financial analyst, took the stage at the Bitcoin 2025 conference with a stark warning: the US fiscal deficit is no longer a…

Cantor Fitzgerald Boss: Bitcoin’s Fixed Supply Makes It Superior to Gold in Scarcity

boss

Cantor Fitzgerald, a major global financial services firm, has executed its first trades this month within its newly launched $2 billion bitcoin financing business, Chairman Brandon Lutnick explained at the Bitcoin 2025 conference in Las Vegas. Cantor Fitzgerald Chairman Details Firm’s Growing Bitcoin Initiatives During his fireside chat session with Paolo Ardoino the CEO of […] Original

Bitcoin’s Path to $120K Faces Mounting Sell Pressure, Glassnode Report Warns

boss

Bitcoin surged to a record all-time high this week, marking its third all-time high (ATH) this cycle and igniting broad market activity. Glassnode Data Shows Bitcoin Profit-Taking Surge Amid Record Highs According to Glassnode researchers Cryptovizart and Ukuria OC, this breakout signals accelerating investor engagement across exchanges, derivatives, and exchange-traded funds (ETFs), though the $120,000 […] Original

Bitcoin’s ‘aggressive leg higher’ in Q3 still up in the air: Analyst

boss

Bitcoin’s recent all-time high of $111,970 has sparked optimism among crypto market participants, but whether that carries through into the third quarter of this year remains uncertain, analysts say. “The coming weeks will likely determine whether Bitcoinʼs latest breakout was a local high or the prelude to a more aggressive leg higher in Q3,” Bitfinex analysts said in a May 28 markets note. Consolidation or mild retracement may “be healthy” Bitcoin (BTC) reached new all-time highs of $111,970 on May 22, however, Bitfinex analysts say a continued price increase alone…

Hashpower Hot Zones: North America, Eurasia, and Latin America Lead Bitcoin’s Hashrate Race

boss

At press time, the Bitcoin network hashrate is cruising along just above the 900 exahash per second (EH/s) range and according to current stats documented by hashrateindex.com, the United States leads prominently with 36.025% of the global hashrate. Global Hashrate Showdown: U.S. Leads, Russia Climbs, China Hangs On The U.S. is currently the most dominant […] Original

Weekly Crypto Wrap: Bitcoin’s Surge Stalls Amid Trump Tariff News; Analyst Predicts $140,000 by July

boss

Bitcoin ended the week 5% higher after U.S. President Donald Trump’s tariff threat against the European Union caused market volatility. EU Tariff Threat Rattles Markets After kicking off what turned out to be another milestone-setting week, bitcoin ( BTC) ultimately ended the week only 5% higher after U.S. President Donald Trump’s tariff threat against the […] Original

Best Crypto to Buy as Bitcoin’s Largest-Ever Options Expiry Set to Push the King Crypto over $110K

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is headed towards its largest option expiry of 2025 at around $13.8B on May 30. Just a week earlier, the OG crypto crossed its previous high of $109K and made a new all-time high. However,…

Bitcoin’s pullback from $111K wiped out $560M in crypto liquidation wave

boss

Bitcoin’s latest pullback from its ATH at $111K has led to a wave of liquidations, wiping out $560M in long and short positions. Bitcoin’s (BTC) latest pullback has contributed to a wave of liquidations of futures positions. On Friday, May 23, liquidations on crypto exchanges affected 160,905 traders, with a total value of erased positions amounting to $563.20 million. Out of these liquidations, $418.63 million accounted for long positions, while $144.35 million accounted for short positions. According to Coinglass, the largest single liquidation order was a BTC-USDT bet on OKX,…