Bitcoin News

BTC Tentative, Dollar Index Hits 5-Week High as U.S. GDP Grew 3% in Second Quarter
Market observers express concern over potential risks from crowded USD short positions, which could impact equities and crypto markets.

How Will SEC's Approval of In-Kind Redemptions for Bitcoin and Ether ETFs Reshape The Crypto Market?
The SEC approved in-kind creations and redemptions for spot bitcoin and ether ETFs, aligning them more closely with traditional exchange-traded funds.

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds
The firm days ago sold nearly $2.5 billion of its new preferred series, dubbed STRC or "stretch," and quickly deployed the funds into BTC.

MARA, Holder of Nearly $6B BTC, Raises $950M to Buy More Bitcoin
MARA Holdings holds roughly 50,000 BTC, valued at nearly $6 billion, ranking it as the second-largest bitcoin holder among public companies

Bitcoin's Bollinger Bands Tightest Since February; XRP, SOL Establish Lower Highs
BTC's Bollinger bands are now at their tightest since February.

Bitmain Plans Its First U.S. Crypto Mining Facility: Bloomberg
The plant will mark a significant shift for Bitmain, which currently produces mining hardware in southeast Asia.

Bitcoin Demand Shift: Coinbase's 60-Day BTC Premium Streak Is at Risk
BTC's Coinbase premium is a key indicator of U.S. investor demand, with positive values reflecting strong buying pressure from institutions.

Bitcoin Volatility Alert: VIX's Bullish August Seasonality Points to Big Price Swings
The VIX has declined sharply since April, recently hitting a five-month low ahead of the seasonally bullish August.

Bitcoin Seeing Severe Exhaustion of Bullish Momentum
BTC's positive dealer gamma at $120K is likely adding to consolidation, with key charts indicating severe uptrend exhaustion.

Here Is the Bitcoin Price Level That Could Be an Attractive Entry Point for BTC Bulls
Gauging key levels that could offer the best risk-reward ratio for those looking to join the bitcoin bull run.
