Bitcoin (BTC) faces a new “consolidation zone” as exchange inflows tag multiyear lows, new analysis says. In an April 1 post on X, Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, declared that Bitcoin sellers had “dried up.” Average exchange inflows down 64% since November Bitcoin sell-side pressure has eased considerably since its…

A recent Fidelity Digital Assets report questioned whether Bitcoin’s price had already seen its cyclical “blow off top” or if BTC (BTC $83,522) is on the cusp of another “acceleration phase.”  According to Fidelity analyst Zack Wainwright, Bitcoin’s acceleration phases are characterized by “high volatility and high profit,” similar to the price action seen when…

A crypto analyst known for accurately calling Bitcoin’s pre-halving correction last year believes that BTC needs to reclaim a key technical indicator as support to regain bullish momentum. Pseudonymous crypto strategist Rekt Capital tells his 542,600 followers on the social media platform X that BTC appears to be mirroring its price action in 2021 when…

Further establishing that it is still bullish about Bitcoin, Strategy, formerly known as MicroStrategy, dropped another $1.92 billion on the world’s largest cryptocurrency by market cap. Buying 22,048 BTC, Strategy has now become the largest company to hold Bitcoin as an investment. This significant investment has allowed Bitcoin to surge by a little, crossing the…

A recent Fidelity Digital Assets report questioned whether Bitcoin price had already seen its cyclical “blow off top” or if BTC (BTC) is on the cusp of another “acceleration phase.”  According to Fidelity analyst Zack Wainwright, Bitcoin’s acceleration phases are characterized by “high volatility and high profit,” similar to the price action seen when BTC…

The cryptocurrency sector ended the first quarter on a sour note, with several of its mega-cap coins recording double-digit losses. What happened: The total cryptocurrency market capitalization shrank from $3.26 trillion on Jan. 1 to $2.68 trillion at the end of the quarter, marking a 17% decline. Market barometer Bitcoin BTC/USD slid 11% year-to-date. Ethereum…

Larry Fink, unlike critics like Jamie Dimon, sees value in Bitcoin and benefits of crypto, including asset tokenisation. Fink warns that Bitcoin could threaten the USD’s reserve currency status due to uncontrolled US debt growth. US national debt has skyrocketed, and by 2030, mandatory spending could consume all federal revenue. Fink remains optimistic about overcoming…

A growing number of companies are aggressively pursuing Bitcoin acquisition strategies, with Strategy, Metaplanet, and Marathon Holdings announcing significant moves to increase their Bitcoin holdings. Strategy (MSTR), a leading player in corporate Bitcoin adoption, continues to expand its already massive Bitcoin holdings. The company added 22,048 BTC for $1.92 billion, at an average price of…

CAPE CANAVERAL, Fla. – A bitcoin investor who bought a SpaceX flight for himself and three polar explorers blasted off Monday night on the first rocket ride to carry people over the North and South poles. Chun Wang, a Chinese-born entrepreneur, hurtled into orbit from NASA’s Kennedy Space Center. SpaceX’s Falcon rocket steered southward over…

A bitcoin investor who bought a SpaceX flight for himself and three polar explorers blasted off Monday night on the first rocket ride to carry people over the North and South poles. Chun Wang, a Chinese-born entrepreneur, hurtled into orbit from NASA’s Kennedy Space Center. SpaceX’s Falcon rocket steered southward over the Atlantic, putting the…