Alan Santana predicts Bitcoin may face a similar capitulation event to the March 2020 crash after 224 days of sideways movement.Bitcoin whales have increased holdings by 1.9% in two weeks, while retail wallets have seen minimal growth. Technical analysis by prominent crypto trader and analyst Alan Santana on TradingView shows that Bitcoin has been sideways...
Cardano has partnered with BitcoinOS, enabling its DeFi users to access Bitcoin’s liquidity directly, bypassing intermediaries.BitcoinOS is considered as Bitcoin’s ultimate upgrade, it leverages ZK proofs to embed any computation directly into Bitcoin transactions. Cardano, one of the most dominant blockchains, is slowly gaining ground with its rivals as it is set to gain access...
Ecoinometrics projects Bitcoin could reach six-digit values by 2025 if key factors like strong momentum hold.Bitcoin’s correlation with NASDAQ and on-chain data indicate continued bullish potential for the cryptocurrency. Over the next 12 months, Bitcoin is predicted to show a notable increase, and if present momentum keeps, estimates indicate the value of the coin could...
Bitcoin spot ETFs saw net inflows of $402 million on October 25, led by BlackRock’s $292 million contribution.Ethereum spot ETFs faced a net outflow of $19.156 million, highlighting shifting investor sentiment. Bitcoin spot ETFs have reclaimed the spotlight following a big inflow of funds on October 25. Bitcoin spot ETFs witnessed net inflows of $402...
Bitcoin whales have accumulated 670,000 BTC, marking an all-time high, signaling potential long-term optimism for the market.Whale accumulation phases typically precede major price movements, with past trends showing similar behavior before bull rallies. According to CryptoQuant, those who own large quantities of Bitcoin—that is, Bitcoin whales—are building BTC at unheard-of rates. Their present possession marks...
BlackRock’s Bitcoin holdings have surpassed 400,000 BTC, indicating strong institutional confidence in the cryptocurrency.BlackRock’s CEO, Larry Fink, views Bitcoin as a distinct asset class, emphasizing its growing role in institutional portfolios. With its Bitcoin holdings already over 400,000 BTC, BlackRock, the biggest asset management company, keeps causing waves in the cryptocurrency market. BlackRock bought extra...
Matt Hamilton argues that XRP’s scalable infrastructure makes it more suitable than Bitcoin for mainstream financial applications, potentially positioning it to surpass BTC. Bitcoin’s strengths in decentralization and security are highlighted by Davinci Jeremie, emphasizing its role in financial sovereignty despite scalability limitations. Ripple (XRP) is currently anticipated to surpass Bitcoin as the leading cryptocurrency....
Florida’s CFO proposes Bitcoin to diversify state reserves, positioning it as “digital gold” to hedge against volatility.The proposal includes a pilot program to assess Bitcoin’s feasibility in state pension funds, keeping Florida ahead in innovation. Florida is taking significant moves to diversify its state reserves, with a new proposal to incorporate Bitcoin into its investing...
The China-Saudi ETF partnership signals a strategic move to shift liquidity from US-dominated markets, potentially affecting Bitcoin ETF inflows in the U.S.Saudi Arabia’s new Hong Kong-linked ETF, launched with $1.2 billion, could encourage regional investors to favor local markets over U.S. options. Following a recent Crypto Rally event reported by CNF, where Bitcoin climbed after...
Bitcoin’s bullish momentum above $72K signals potential for a new all-time high, driven by strong buyer support and macroeconomic factors.Traders anticipate a possible pullback before BTC continues upward, with robust market positioning favoring sustained growth. Bitcoin broke above the $72,000 mark following Wall Street’s opening on Oct. 29, edging closer to all-time highs as bullish...
