Crypto Currency

Bitcoin ETF is Becoming a “Sell the News” Event

Reading Time: 2 minutes Bitcoin’s dramatic price increase has increased the odds that a Bitcoin ETF approval will be a “sell the news” event This is where an asset is sold off after a much-anticipated event If Bitcoin’s price is north of $40,000 if/when a Bitcoin ETF is approved…

Published 2 years ago in
Bitcoin ETF is Becoming a “Sell the News” Event

Reading Time: 2 minutes Bitcoin’s dramatic price increase has increased the odds that a Bitcoin ETF approval will be a “sell the news” event This is where an asset is sold off after a much-anticipated event If Bitcoin’s price is north of $40,000 if/when a Bitcoin ETF is approved…
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Crypto Currency

Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC

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Trump-Linked Miner American Bitcoin Boosts Treasury to 6,500 BTC
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Crypto Currency

CryptoQuant Says Bitcoin Price Rebound Above $703k Is Relief Rally

TLDR CryptoQuant says Bitcoin remains in a bear market Bull Score Index stands at 10 out of 100 Spot demand contraction narrowed from -136K to -25K BTC Long term holder selling dropped to 276K BTC Bitcoin price has climbed above $73,000 earlier Thursday, drawing renewed attention from traders…

Published 3 hours ago in
CryptoQuant Says Bitcoin Price Rebound Above $703k Is Relief Rally

TLDR CryptoQuant says Bitcoin remains in a bear market Bull Score Index stands at 10 out of 100 Spot demand contraction narrowed from -136K to -25K BTC Long term holder selling dropped to 276K BTC Bitcoin price has climbed above $73,000 earlier Thursday, drawing renewed attention from traders…
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Crypto Currency

XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback.  The cryptocurrency’s most critical support zone at $1.30 remains under pressure, and broader market forces—particularly Bitcoin’s (BTC) price action—could determine what happens next…

Published 3 hours ago in
XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback.  The cryptocurrency’s most critical support zone at $1.30 remains under pressure, and broader market forces—particularly Bitcoin’s (BTC) price action—could determine what happens next…
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Crypto Currency

Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode

Glassnode’s weekly on-chain report shows Bitcoin’s realised profits contracted 63% to $370 million per day, with supply-in-profit breaching levels last seen at the onset of past bear markets. The post Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode appeared first on Crypto News Australia…

Published 3 hours ago in
Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode

Glassnode’s weekly on-chain report shows Bitcoin’s realised profits contracted 63% to $370 million per day, with supply-in-profit breaching levels last seen at the onset of past bear markets.
The post Bitcoin Hovers Around $70K as Weak Demand and Defensive Positioning Signal Fragile Market, Says Glassnode appeared first on Crypto News Australia…
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