Bitcoin is consolidating around $80,000 after a strong recovery from the $60,000 zone. While the broader structure has changed constructively, BTC now faces a significant resistance zone near $80,000 to $82,000, while momentum indicators suggest the latest advance is losing strength. Bitcoin price analysis: the daily chart The daily chart shows a clear structural improvement … Read more
Spot exchange-traded funds tracking the largest cryptocurrency attracted nearly $1 billion last week, despite the $236 million in net outflows recorded on September 1. Ethereum ETFs were also well in the green. They have recorded more entries than exits in eight of the last nine weeks. BTC ETFs see another $1 billion in inflows The … Read more
Bitcoin recovers $80,000 amid dovish Fed signal | Without a bank BTC hit $80,000 again after Fed Governor Waller said he may support holding rates at the next FOMC meeting. Bitcoin has recovered ground above $80,000 today, September 3, rising from the mid-$77,000s this morning to an intraday high above $81,000 at the time of … Read more
The U.S. economy added nearly three times as many jobs as expected in August, triggering an immediate sell-off in risky assets like bitcoin as investors reassess the chances of another Federal Reserve rate hike. The price of the cryptocurrency had soared to over $81,000 before the news broke, but immediately fell by $2,000 to $79,200. … Read more
Strategy Ends Its Bitcoin Pause As Bitmine’s ETH Buying Streak Continues | Without a bank Strategy and Bitmine now hold over 4% of the supply of Bitcoin and Ethereum, respectively, following further purchases. Prime Continue reading Members receive each piece of analysis in its entirety, along with the ad-free feed. Without a bank 2776 messages … Read more
Perhaps the most notable news in the crypto industry on Monday came from Strategy, as the company began buying more BTC again after making some sales and rebuilding its USD reserve to over $6.7 billion. While this may seem celebratory at first, it’s worth taking a closer look at when the company sold and when … Read more