For the trader, the decline prepares the ground for the next bullish stage. “The cryptocurrency market could not be better positioned,” says Melker. The price of bitcoin (BTC), which three days ago reached a new all-time high above USD 108,000, fell today to USD 92,000. And, although it later recovered slightly, it raises questions about … Read more
Bitcoin’s Greed and Fear Index remains at 74 (Greed) despite the price drop. Investors believe that Bitcoin’s long-term bullish trend will persist. In the last three days, the price of Bitcoin plummeted from $108,000 to $95,000, a drop of more than 10%. While sharp declines often cause panic, historical data suggests that such adjustments can … Read more
Since the middle of this year, the issue of strategic bitcoin (BTC) reserves among companies has been escalating. Currently, more than a dozen companies from different parts of the world, and dedicated to different areas, announced their own BTC treasuries. The general idea among these companies is to seek to diversify their treasuries and protect … Read more
360 Energy converts waste gas into energy to power data centers and BTC miners. More and more companies that were not born linked to Bitcoin are beginning to adopt it among their strategies. Halliburton (HAL), one of the largest oilfield services companies in the world, announced this December 18, 2024 its partnership with 360 Energy, … Read more
Solana (SOL) is one of the great protagonists of the cryptocurrency market due to the notable growth it had in 2024. So far this year, the price of the native currency of the Solana network rose by more than 180%. Thanks to this performance, the asset scored a new all-time high (ATH) of $263 on … Read more
The price of bitcoin once again exceeded $95,000. Inflation, although positive, was lower than expected. The price of bitcoin (BTC) registered a significant rise after the publication of new data from the personal consumption expenditure (PCE) price index in the United States. This report is key to evaluating inflation in financial and economic power, so … Read more
The United States Securities and Exchange Commission (SEC) approved the first exchange-traded funds (ETF) that combine bitcoin (BTC) and ether (ETH), Ethereum’s native cryptocurrency, the two main digital assets on the market. The new financial products were requested by investment firms Hashdex and Franklin Templeton. According to the SEC, the presentation updated by Franklin Templeton, … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States recorded unprecedented capital outflows yesterday. They ended the day with withdrawals of 680 million dollars (USD). This new record of outputs in one day in these instruments exceeds the one it had until then by 25%which had been USD 541 million almost two months ago. Yesterday’s … Read more
El Salvador has a BTC treasury valued at more than USD 580 million. In this way, the country reaffirms its commitment and puts a stop to skeptical views. This Thursday, December 19, El Salvador, under the government of Nayib Bukele, added 11 BTC to its treasury, reaffirming its long-term vision and destroying the pessimistic speculations … Read more
Bitcoin’s bullish cycle is advanced, but still far from over. Old investors are taking profits to make way for new entrants. According to the recent movements of bitcoin (BTC) investors, the current bullish cycle is still strong to continue. This is according to a new report from the research firm Glassnode published on December 18. … Read more