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Bitcoin

Bitcoin moves toward range highs but derivatives traders watch from the sidelines

admin May 16, 2024
Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions. Source link
Bitcoin

Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’

admin May 16, 2024
Bitwise CIO Matt Hougan says this week's 13F filings prove that the spot Bitcoin ETFs were a “huge success.” Source link
Bitcoin

Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising —…

admin May 16, 2024
Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target.…
Bitcoin

M2 money supply ‘holds the key’ for Bitcoin’s next move — Market analyst

admin May 16, 2024
The growth of the money supply is historically correlated with previous Bitcoin price bull runs. Source link
Bitcoin

Bitcoin shrugs off US jobs data as BTC price gives up $66K support

admin May 16, 2024
Bitcoin bulls are finding it increasingly difficult to preserve earlier gains, which came thanks to U.S. inflation numbers. Source link
Bitcoin

Over 600 firms reveal billions in combined investment in Bitcoin ETFs

admin May 16, 2024
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment. Source link
Bitcoin

Millennium Management discloses $2B in Bitcoin ETF holdings

admin May 16, 2024
International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products. Source link
Bitcoin

Chinese police bust $1.9B USDT underground banking racket

admin May 16, 2024
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking…
Bitcoin

Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains

admin May 16, 2024
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery. Source link
Bitcoin

Bitcoin whale demand accelerates but price jump could ‘take weeks’ — Analysts

admin May 16, 2024
The break in Bitcoin’s daily downtrend and heightened demand from whales indicate Bitcoin’s price could jump, but analysts expected it to take a few weeks.…
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