Bitcoin could experience a short-term rally that catches investors off guard before the broader downtrend resumes, according to on-chain analyst Willy Woo. “Bull trap forming,” Woo said in an X post on Saturday, referring to a fake breakout suggesting that the market is entering a sustained uptrend. He added that it may last “out to [the] end of April.” Woo said his outlook is based on liquidity conditions rather than price levels. “If capital comes back in force with the right type of long-term investors, then I’ll happily change my…
Tag: Market
Kalshi Faces Lawsuit Over Khamenei Prediction Market
A class action lawsuit has been filed against prediction market Kalshi, alleging that the death carveout in the “Ali Khamenei out as Supreme Leader” market was not properly disclosed to users and that the platform failed to pay out winning trades. The plaintiffs said that the death carveout policy was “not incorporated into the user-facing rules summary,” and was not displayed in a way that would notify a “reasonable consumer” of the policy or its effects. “Defendants, themselves, later acknowledged that their prior disclosures were ‘grammatically ambiguous,’” the lawsuit filing…
Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Stablecoin Market Breaks Records — USDC Controls 70% Of $1.8 Trillion Volume
Billions of dollars in fresh USDC were printed in just the first week of March — a minting pace that, if sustained, could push Circle’s total for the month past $12 billion. Related Reading That surge is one sign of the momentum behind a broader milestone: total stablecoin transfer volume hit $1.8 trillion in February, the highest monthly figure on record. USDC Pulls Far Ahead Of Tether USDC, issued by Circle Internet Group, accounted for roughly 70% of all stablecoin transfers last month — about $1.26 trillion. Tether’s USDT logged…
Bitcoin faces selling pressure as investors rotate out of risk-on assets: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On this week’s episode of CNBC Crypto World, bitcoin faces selling pressure as investors continue to rotate out of risk-on assets. Plus, Patrick Witt, President Trump’s crypto advisor, leads a meeting between the banking industry and crypto executives on the issue of stablecoin rewards. And, Senate Agriculture Committee Chairman John Boozman, R-Ark., discusses what happens next after his committee voted to advance its version of a crypto market structure bill in a party-line vote. Chapters: 00:00 – Introduction 00:28 – Crypto under…
Bitcoin’s Brief Rally Isn’t The End Of The Bear Market: Analysts
Exhausted sellers may be giving Bitcoin some breathing room — but analysts say that’s a long way from a recovery. Related Reading US Buyers Return, Pushing Prices Off Multi-Week Lows Data from on-chain analytics firm CryptoQuant shows the Coinbase Bitcoin Premium — a measure of US-based buying demand — has flipped from its most negative readings in early February to its highest point since October. That shift helped carry Bitcoin to a one-month high of $74,000 on Thursday, briefly touching the 50-day exponential moving average. It didn’t last. By Friday…
Bitcoin ETF Rally Pauses as $228 Million Outflow Hits Market
After three days of strong inflows, crypto ETFs cooled off on Thursday, with bitcoin funds posting a $228 million outflow. Ether, XRP, and solana ETFs also ended the day in the red, signaling a broad market pause. Crypto ETFs Turn Red: Bitcoin Loses $228 Million, Ether Drops $91 Million Momentum in the crypto ETF market […] Original
Bitcoin options show market panic is fading as BTC pulls back from highs
Implied volatility cools, skew normalizes, and options flows turn more balanced even as majors trade lower across the board. Summary Implied volatility has dropped sharply from early February highs, signaling reduced tail-risk pricing in BTC options. Skew has compressed from 20% to around 10%, reflecting fading demand for panic hedges and more two-sided positioning. Roughly 54.4% of flows are now bullish versus just 21.3% shorting the move, suggesting a shift from fear to calculated risk-taking. After Bitcoin’s (BTC) brief push to around $74,000, the market has given back ground, with…
$74K Bitcoin Local Peak? Traders Divided on Bear Market Continuation
Bitcoin (BTC) traded 4.5% below the $74,000 high reached on Thursday, with traders conflicted over whether this level may have marked the local top for BTC price. Key takeaways: Bitcoin charts still show similarities to the 2022 bear cycle, suggesting another leg down below $60,000 is possible. Others say the bottom is in and expect a breakout rally to $75,000–$80,000 to be next. Is the 2022 BTC price cycle repeating? BTC’s current technical structure, following the latest recovery from $60,000, shows similarities with the middle of past bear cycles. Bitcoin’s…
Bitcoin and Solana ETFs See Outflows Amid Market Dip
The latest streak of inflows in US spot Bitcoin exchange-traded funds (ETFs) was interrupted by fresh outflows as the BTC price dipped below $71,000 on Thursday. Spot Bitcoin (BTC) ETFs saw $228 million in net outflows on Thursday, ending the three-day inflow streak of about $1.1 billion, according to SoSoValue data. While weekly inflows still held at $917.3 million heading into Friday’s session, year-to-date net outflows rose to around $900 million. Cumulative inflows in 2026 so far amount to $3.58 billion, while cumulative outflows total $4.49 billion. Total assets under…