Goldman Sachs considers a September Fed rate hike highly unlikely as Bitcoin maintains its movement within the $62,000-$66,000 range.
While the Bitcoin price is hovering around $63,500, high open interest in futures and declining buy orders increase the risk of a sharp drop if the $58,000 level is retested.
Bitcoin…
At the time of writing, Bitcoin is trading at 63,507.17 dollars with a 0.7% increase, and around 3,041,835 TL against the Turkish Lira.
Ethereum (ETH) is at 1,898.34 dollars with…
At the time of writing, Bitcoin is trading around 63,020.01 dollars with a 0.1% decrease, and around 3,017,203 TL against the Turkish Lira.
Ethereum (ETH) is at 1,878.7 dollars with a…
According to CoinGlass data, the Coinbase Bitcoin Premium Index hit a record by remaining negative for 90 consecutive days between May 19 and August 16.
The Coinbase Bitcoin Premium Index measures…
Glassnode reported in its August 15 post that the June buy wall beneath the Bitcoin price has largely dissolved, the support base has thinned, and leveraged traders are pivoting toward…
Bitcoin is trading around 3,017,827 TL against the Turkish Lira and $63,033.05 with a 0.5% decrease at the time of writing.
Ethereum (ETH) is at $1,879.41 with a 0.2% decrease,…
CryptoQuant reported that 1,367 BTC of the 1,432 BTC associated with the Coldcard attack remains dormant in 311 attacker addresses, with 83% of the funds concentrated in the top five…
Norway’s sovereign wealth fund’s indirect Bitcoin (BTC) exposure hit a record high in the first half of 2024, reaching 11,549 BTC, with MicroStrategy accounting for 86% of this position.
The indirect…
CryptoQuant data shows that although wallets holding 100 BTC or more have accumulated approximately 54,000 BTC since June 14, the Bitcoin price has been unable to break out of the…
As the Bitcoin price trades around $63.4k, the decline of the Supply in Profit metric to 51.4% indicates that approximately 48.6% of the circulating supply is in an unrealized loss.
According…
Strategy CEO Phong Le stated that despite recent sales, the company will return to Bitcoin accumulation later this year and that purchases will continue.
According to a statement reported by FOX…