Bitcoin’s price surged strongly recently but faced a correction early last week. Now, the crypto king aims to recover those losses and continue its upward momentum. This rebound looks possible due to solid investor support, which is helping to stabilize the market and foster renewed confidence. Bitcoin Investors Remain Bullish Supply by Investor Behavior shows…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure James Wynn, a crypto trader who has been sharing his positions on the X (formerly Twitter) platform, has quickly become popular after his large Bitcoin positions went viral. So far, James has opened multiple billion-dollar positions and has garnered a large following…
On-chain data shows the Bitcoin ‘SLRV’ Ribbons have recently once again been giving a green signal. Here’s what this could mean for the asset. Short-Term MA Of Bitcoin SLRV Has Crossed Above The Long-Term In a new post on X, Capriole Investments founder Charles Edwards has talked about the latest trend in the SLRV Ribbons…
Robert Kiyosaki, the bestselling author of “Rich Dad Poor Dad,” told his social media followers that Bitcoin (BTC) represents the “easiest time in history to become rich,” citing the cryptocurrency’s limited supply and endorsements from prominent industry figures. His words come when Bitcoin price is testing the new all-time high (ATH) near $112,000, rising almost…
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In brief Jupiter’s JUP token spiked 18% during the U.S.’s Memorial day before cooling to a 4% daily gain as Solana DeFi activity surged. Analysts say the rally was driven by a mix of product launches, meme market revival, and Bitcoin’s breakout. Jupiter remains the second-largest DEX aggregator by volume, handling over $1B in daily…
Bitcoin maintains upward momentum despite a recent market retracement that briefly pulled the asset off its all-time highs. After climbing past the $111,000 level last week to set a new record, the cryptocurrency experienced a modest correction. BTC trades at $109,874 at the time of writing, reflecting a 2.3% daily increase. The move comes amid…
Leading cryptocurrencies fell Monday as trading remained tepid on the Memorial Day holiday. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin BTC/USD -1.23% $108,006.73 Ethereum ETH/USD -1.41% $2,523.05 Dogecoin DOGE/USD -2.60% $0.2203 What Happened: Bitcoin surged to an intraday high of $110,376.88 in the afternoon before dropping to a low of $107,600 overnight.…
Bitcoin markets recently experienced two major liquidation events, causing a cascade of forced selling from over-leveraged traders, but analysts say a distinct pattern has emerged. “Overleveraged short-term traders were flushed out, long-term holders have been quietly capitalizing on the reset,” CryptoQuant analyst Amr Taha said on May 26. They noted the first flush occurred when…
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s bull run has stalled, with emerging technical signals pointing to a possible price pullback. The leading cryptocurrency by market value traded near $108,000 at press time, probing the bullish trendline, characterizing the sharp rise from $75K to record highs…