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Tag: BitCoin

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Bitcoin traders eye $60K BTC price support as ‘huge’ futures gap opens

Bitcoin bulls remain confident despite BTC price hitting its lowest levels since March 6 in a brutal weekend sell-off. Bitcoin lurched toward $60,000 on March 17 as selling persisted through the weekend. “Constant spot selling” pressures BTC price action Data from Cointelegraph Markets Pro and TradingView showed new BTC price lows of $64,522 on Bitstamp. After hitting new all-time highs during the…
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Bitcoin’s sudden 7% retreat sees $660M in liquidations in 1 day

Some suggest a waning ETF narrative and economic data from the United States may have sparked the sudden crypto sell-off. The price of Bitcoin plunged amid a hectic day that saw crypto liquidations top $661 million over the past 24 hours, affecting nearly 200,000 traders. In early trading on March 15, Bitcoin shed 7.5% in just…
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El Salvador’s Bitcoin wallet gets sats, cats and a cypherpunk manifesto

Approximately $700 in satoshis were sent to El Salvador’s new “Bitcoin piggy bank” across dozens of donations. Only hours after El Salvador publicly announced its move to store a “big chunk” of its Bitcoin (BTC) in a physically secured cold wallet, Bitcoiners have already lined the wallet with their favorite “rare sats” and Ordinals. On March 14,…
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Bitcoin has 6 months until ETF ‘liquidity crisis’ — New analysis

Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says. faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says. In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform…
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Bitcoin at $71K, same as $20K last cycle — BTC price analysis

Bitcoin prices could reach $337,000 as the “upper bound” of the current cycle, according to popular BTC price analyst Willy Woo. Bitcoin bull market because the BTC price of $71,000 is equivalent to the $20,000 mark of the previous bull cycle, according to Willy Woo, a Bitcoin analyst and managing partner at CMCC Crest. Woo’s…
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Bitcoin has 6 months until ETF ‘liquidity crisis’ — New analysis

Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says. Bitcoin faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says. In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform…
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Bitcoin buying advised as US enters the ‘looting-the-treasury phase’

Amid rising national debt levels in the United States, influencers on X say Bitcoin is the only realistic solution to sidestep inflation. Two crypto influencers on X have called on their followers to snap up Bitcoin , gold and silver, citing the risk of rising national debt in the United States. In an X post…
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Bitcoin surges after crypto ETPs notch record $2.7B weekly inflows

The price of Bitcoin has pushed to reach new all-time highs above $72,000, spurred by record-breaking weekly inflows into crypto funds. The price of Bitcoin has surged to reach new all-time highs above $72,000, following a record-breaking week of inflows into crypto exchange-traded products (ETPs). According to a March 11 post from CoinShares analyst James Butterfill, crypto investment…
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Free Bitcoin Code 2024: Easy Way To Own Bitcoin

In the crypto world, Bitcoin reigns supreme as the digital equivalent of gold, offering a tantalizing allure akin to striking riches. Yet, amidst the frenzy of buying and selling, there exists a lesser-known avenue to acquire Bitcoin without parting with your hard-earned cash—enter the realm of free Bitcoin codes. What is a Free Bitcoin Code?…
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Bitcoin daily withdrawals challenge records as $2B leaves exchanges

Bitcoin is exiting exchanges at the fastest pace since mid-2021 and is on track to set new historic records in U.S. dollar terms. Bitcoin is leaving exchanges at the quickest rate in years as BTC price action vies for all-time highs. In a post on X on March 3, James Van Straten, research and data analyst at…
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