Tag: Bitcoin
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ETH Futures Open Interest Hits New ATH, Exceeding $41B
Ethereum futures open interest hits a record $41.66B, surpassing Bitcoin in derivatives volume. Binance leads with $7.59B OI as bullish sentiment and volatility rise alongside ETH’s price surge.
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US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth
US states show contrasting approaches to crypto as Connecticut bans state Bitcoin use while Louisiana forms a blockchain task force to explore digital asset opportunities and regulations.
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Ethereum Staging A Repeat Of Bitcoin’s 2021 Cycle? Here’s The Target
A crypto analyst suggests Ethereum’s current price trend mirrors Bitcoin’s 2021 cycle, with potential for a 50% rally if it breaks key resistance levels like the 1-week MA50 and $4,200.
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Bitcoin Back At $109,000, But HODLer Profit-Taking Down 89%
Bitcoin’s Realized Profit for long-term holders (1+ years) is 89% lower than May’s peak despite similar prices, indicating reduced profit-taking by veteran investors.
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Bitcoin Breaks $108K: as Saylor Predicts $1M Target — Retail FOMO or Real Momentum? News ETHNews
Bitcoin surges past $109K amid institutional and retail interest, with Michael Saylor predicting a $1M target. Whales are buying while retail FOMO grows, but sustainability remains debated.
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BTC ATH Within Reach: Glassnode Maps Support, Warns of Underpriced Volatility
Bitcoin nears its all-time high as Glassnode highlights long-term holder profit-taking and compressed volatility. Spot ETFs and institutional demand create unique market dynamics with sticky supply.
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Crypto Analyst Predicts ‘Really Epic’ Next Few Months for Bitcoin, Sees Vertical Phase Coming for BTC – The Daily Hodl
Analyst Kevin Svenson predicts Bitcoin will enter a vertical phase, potentially reaching $135,000 after breaking $110,000 resistance, followed by a blow-off top before a trend reversal.
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Why Bitcoin’s Calm Rally Could Be a Setup for a Massive Breakout, Analyst Reveals
Bitcoin shows a steady 1.7% gain, nearing its all-time high. Analysts note a measured rally driven by institutional demand, with key metrics like Binary CDD and Coinbase Premium indicating sustained confidence.
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Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims
Crypto expert Edoardo Farina states that owning 10,000 XRP is now a luxury, with less than 4% of wallets holding that amount. Inflation pressures force small holders to sell, widening wealth gaps in crypto.
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Positioning For Altcoin Season: Analyst Reveals When To Buy As Bitcoin Dominance Rises
Analyst advises buying altcoins when Bitcoin Dominance drops below 60% and RSI hits oversold levels (25-30), suggesting short-term rebounds of 50-200% before rotating profits back into Bitcoin.