Tag: Bullish

US Delay On Bitcoin Audit Is A Bullish Red Flag, Says Strike CEO

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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. Jack Mallers, founder and CEO of Strike, ignited fresh debate over Washington’s still-undisclosed Bitcoin balance on Wednesday night, arguing that the US government is withholding the numbers because its position is “too small to lead” the…

Bitcoin Futures Open Interest Nears $79B as Options Skew Bullish

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Bitcoin derivatives activity has climbed to unprecedented levels, with futures open interest across major exchanges reaching $79 billion and options positioning signaling a heavy tilt toward calls. Bitcoin Derivatives Market at Record Levels as Traders Position for Moves According to Coinglass data, total BTC futures open interest (OI) stands at 692,490 BTC, equivalent to $79 […] Original

Bitcoin Charting A Recovery: Bullish Base Forms After $115,000 Drop

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Bitcoin is showing signs of life after a sharp drop from the $115,000 level, with bullish momentum quietly rebuilding beneath the surface. As volatility settles, a potential recovery is beginning to take shape, fueled by key technical signals on lower timeframes. With the market stabilizing, the next move could define the short-term trend. Sharp Pullback Follows Rejection At $115,000 Resistance Zone Providing an update on the current state of the crypto market, Kurnia Bijaksana pointed out that Bitcoin, along with several altcoins, experienced a sharp decline last night. The sudden…

$255 Solana? Supply Shock Fuels Bullish Forecast

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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…

Peter Thiel-Backed Crypto Exchange Bullish Files for $4,230,000,000 IPO: Report

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A crypto exchange backed by billionaire investor Peter Thiel is seeking to file for an initial public offering (IPO) worth over $4.2 billion. According to a new Reuters report, the billionaire-backed Bullish is targeting a $4.23 billion valuation for its upcoming US IPO. Bullish reportedly plans to invest many of the IPO funds in US-dollar-backed stablecoins. Bullish plans to offer 20.3 million shares priced between $28-$31, seeking up to $629 million. The news comes on the heels of another Thiel-backed firm, BitMine, announcing that it has accumulated over $3 billion…

Peter Thiel-backed Bullish Exchange Targets $4.2B Valuation in Second IPO Bid

Key Notes The exchange targets a $4.2 billion valuation, significantly lower than its abandoned $9 billion goal from 2021. Major underwriters including JP Morgan and Citigroup will help convert substantial IPO proceeds into stablecoins. This offering follows Circle’s successful $1.05 billion IPO amid growing crypto-friendly US regulatory environment. Bullish, a cryptocurrency exchange based in the Cayman Islands, looks to raise $629.3 million through an initial public offering (IPO) in the US. The company backed by billionaire Peter Thiel, intends to trade under the symbol “BLSH,” and will offer 20.3 million…

Crypto Exchange Bullish Targets Up to $629M in NYSE IPO, Backed by BlackRock and ARK

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Crypto firm Bullish plans IPO that could raise up to $629 million, joining a growing list of blockchain companies seeking capital as regulatory sentiment shifts in their favor, Coindesk reported. The company has filed to list 20.3 million shares on the New York Stock Exchange under the ticker “BLSH” at a price range of $28 to $31. At the top of that range, the offering would be valued Bullish at approximately $4.2 billion, according to its updated F-1 filing with the U.S. Securities and Exchange Commission. The IPO includes an…

Bitcoin to 126K Next? These BTC price Signals Flipped Bullish After Drop

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Key Takeaways: Bitcoin’s Power of 3 pattern shows accumulation, manipulation, and a possible distribution phase targeting $126,000. A $922 million liquidation event caused a major reset in leveraged positions, increasing the chances of a market recovery.  Key levels around $115,300 and $116,800 must be cleared, with $120,000 acting as a strong price magnet. Bitcoin (BTC) dipped to $112,00 over the weekend, but despite a shaky start to August, BTC’s recent correction might have laid the path for a swift recovery. Bitcoin “Power of 3” pattern aims at $126,000 Bitcoin’s short-term…

Breakout Structure Signals A Bullish Week Ahead

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Bullish Frenzy? Not If You Follow Top Hyperliquid Whales

Key Notes Most of the retail and whale addresses are betting on longs on Hyperliquid. The leading 100 whales took a “very bearish” stance despite the slight upward momentum. Market sentiment has returned to the neutral zone. Whales have always been impactful on the volatile cryptocurrency market, but this time, they’re going against most of the traders. The majority of addresses that are worth over $50 million on the decentralized exchange Hyperliquid are betting on shorts, according to data from CoinGlass. Their short positions are currently worth $3.3 billion while…