Bitcoin News

Bitcoin News

Markets

High-Stakes $100K Bitcoin Call Signals Expectation for Record Price Jump After Trump's Inauguration

Traders are positioning for a rally to record highs after President-elect Donald Trump takes office on Jan. 20

BTC options flow. (Deribit, Amberdata)

Markets

Bitcoin Buyers Saw 40% Gain on Average Last Year, Realized Price Shows

The average realized price of 2024 buyers in bitcoin was $65,901.

Bitcoin: Exchange Average Withdrawal Price: (Glassnode)

Markets

Ether's Record Leverage Ratio of 0.57 Is Over Double That of Bitcoin

Ether stands out relative to BTC as the go-to major currency for traders looking to amplify returns with the use of leverage

Ether's estimated leverage ratio. (CryptoQuant)

Markets

Bitcoin's Computing Power May Hit a Major Milestone Long Before Next Halving

Bitcoin's hashrate increased by approximately 50% in 2024, and it is currently on course to rise for the eighth consecutive time.

Bitcoin hash rate has surged in 2024 (Hashage)

Markets

Beware of Bitcoin's 'Shooting Star' at Record Highs: Godbole

The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher.

Bitcoin's shooting star candle signals a need for caution among the bulls. (gustavito1917/Pixabay)

Markets

BlackRock’s Bitcoin ETF Records Its Largest Outflow

BlackRock's IBIT started the new year on a rough note, losing millions in net outflows on Thursday.

(BlackRock)

Markets

Dollar's Post-Election Path Is Tracking Trump's First Presidential Term: Van Straten

The DXY index is up over 3% since the election and is following a trajectory similar to his first presidential term.

The U.S. Dollar (Shutterstock)

Markets

Tether's Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In

Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.

Chart of USDT's market cap

Markets

XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang

South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.

(MOSHED)

Markets

MicroStrategy's Bullish Call Skew Disappears in Cautious Market Sentiment

The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.

Mugs, cups, empty. (Nikiko/Pixabay)