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Bitcoin Technical Analysis: BTC Bulls Challenge Upper Resistance Amid Bearish Pressure

3.5.2024
As of May 3, 2024, bitcoin’s price stands at $59,142, with a 24-hour intraday range of $57,789 to $60,000. The leading cryptocurrency maintains a market capitalization of $1.15 trillion and has recorded a trading volume of $28.43 billion over the same period. Bitcoin Bitcoin’s daily...

Bitcoin Price Prediction as Market Shows Signs of Revival and BTC Price Reaches $59,992 – Time to Buy?

3.5.2024
Bitcoin breaks its downtrend, surging past $59,000 amid a broader crypto market rally, fueled by favorable Federal Reserve policies and optimistic economic indicators. The post Bitcoin Price Prediction as Market Shows Signs of Revival and BTC Price Reaches $59,992 – Time to Buy? appeared first...

Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC

3.5.2024
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved even as Riot Platforms experienced a 36% decrease in...

Bitcoin and Ether options worth $2.4B set to expire today, max BTC pain at $61K

3.5.2024
Data from the Debit exchange reveal that the put-to-call ratio for Bitcoin options contracts is currently at 0.50 with a maximum pain point at $61,000

Bitcoin price is failing to break these 2 key resistance lines at $60K

3.5.2024
Bitcoin bulls have “lots of work to do” as they attempt to claw back lost ground after two-month BTC price lows

BTC price chart seen mirroring US spot Bitcoin ETF launch pattern

3.5.2024
Bitcoin’s price chart looks similar to when spot Bitcoin ETFs were launched in the United States — suggesting a breakout soon, though there are some differences this time around

Top Crypto Gainers Today on DEXScreener – FELON, YIELD, BOOB

3.5.2024
As blue-chip cryptos stabilize following a tumble earlier this week, with Bitcoin (BTC) consolidating below $60,000, traders are turning to the on-chain markets as they hunt for top crypto gainers today. The post Top Crypto Gainers Today on DEXScreener – FELON, YIELD, BOOB appeared first...

Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month

3.5.2024
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan during an earnings call, saying its an “investment in a future where economic empowerment is the norm.”

Analysts expect Bitcoin price recovery after Fed leaves rates unchanged

2.5.2024
Bitcoin price shows signs of a recovery, but analysts are uncertain whether the strongest part of the correction has passed

‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?

2.5.2024
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement

Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions

2.5.2024
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like...

Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt

2.5.2024
Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000

Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends

2.5.2024
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because...

Bitcoin dominance falls after FED interest rate decision: Time to stock up altcoins like MVP now?

2.5.2024
With Bitcoin’s influence waning in the crypto world, now might be a good time to think about branching out into alternative coins this altseason. While Bitcoin remains the player, altcoins come with their own perks, such as quicker transaction speeds, cutting-edge technologies, and...

Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow

2.5.2024
On May 1, 2024, U.S. spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan. 11, 2024. ETF Institute Co-Founder: ‘Inflows Don’t Go up in a Straight Line’ Data sourced from coinglass.com reveals that these funds saw a withdrawal...