First Mover Americas: BTC Returns to Near $94K
Bitcoin regains some ground following Tuesday’s slide.
Ether teases a return to $3,500.
Traders are piling into ETH derivatives.
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Bitcoin
Bitcoin regains some ground following Tuesday’s slide.
Ether teases a return to $3,500.
Traders are piling into ETH derivatives.
Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%.
The hedge fund started buying bitcoin back when one token cost $74.
Pantera CEO Dan Morehead believes that the cryptocurrency could be worth $740,000 by April 2028.
Bitcoin (BTC) has retreated further from the highly anticipated $100,000 milestone, raising questions about the asset’s sustainability of the current … Continue reading
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The leading cryptocurrency in the world, Bitcoin (BTC) has made impressive strides when it comes to adoption. Whereas in 2024, … Continue reading
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Bitcoin has fallen over 6% in the last 24 hours.
Indicators suggest BTC could drop to as low as $90,000.
Ether outperforms the broader market.
Long-term investors have sold almost 550,000 BTC, almost 4% of their holdings.
Last week, one-day profit-taking touched a record high in dollar terms, more than $10.5 billion.
The percentage drop from long-term holders continues to fall each cycle.
BTC traders purchase protective put options in response to Monday’s 5% decline.
The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.
The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum.
A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours.
However, bitcoin tends to bounce back when short-term holders sell at a loss. And some say this creates a buying opportunity for traders at current levels.
It’s a ride that some expect to be packed with market volatility.
After a multi-week winning streak in the wake of Donald Trump’s re-election and the announcement Chair Gary Gensler will be … Continue reading
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Finance veteran Raoul Pal has suggested that Dogecoin’s (DOGE) growth since its launch over a decade ago has elevated it … Continue reading
The post Finance guru Raoul Pal says DOGE is ‘harder money than Bitcoin’ appeared first on Finbold.