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Bitcoin
Labor pain, crypto gain — How weak JOLTS data sets path for Bitcoin price to rally
Key points:Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs.Job openings fell to…
Bitcoin price still in bargain zone as US jobs report sparks rate cut hopes
Key Takeaways:Fidelity Digital Assets says Bitcoin is undervalued and the firm holds an optimistic mid-term outlook.The JOLTS report shows a sharp drop in open US…
Bitcoin price always rallies at least 50% after these two patterns emerge
Key takeaways:Bitcoin tends to rally significantly when low leverage meets stronger-than-expected retail sales and hawkish Federal Reserve signals.In three…
Bunq, Europe’s second-largest neobank, expands into crypto
Europe’s second-largest neobank, Bunq, is expanding into cryptocurrency, citing growing retail investor demand for digital assets worldwide.The Amsterdam-based…
Bitcoin ‘hot supply’ nears $40B as new investors flood in at $95K
Key points:Bitcoin’s most recently-moved supply segment is increasing as higher prices see an influx of “speculative capital.”“Hot supply” has doubled in just…
BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market
BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing…
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29…
Will Trump’s 100-day speech end Bitcoin’s ‘compressing’ range?
Key takeaways:Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech.Over $4.7 billion in BTC has been withdrawn from exchanges since…
Bitcoin targets $115K as BTC supply metric nears ‘historic euphoria’ zone
Key takeaways:Bitcoin supply in profit has climbed back above 85%, nearing the classic euphoric area.Onchain data shows strong accumulation from new and momentum…