The digital asset market, which had already been struggling for months, is now witnessing a bloodbath after Strategy (Nasdaq: MSTR), Michael Saylor’s Bitcoin (BTC) treasury firm, announced the sale of 32 BTC. The total cryptocurrency market capitalization has decreased from $2.57 trillion on the day of the announcement on June 1 to $2.38 trillion at…
The cryptocurrency market suffered a severe blow on January 31, when Bitcoin (BTC) fell below $80,000. At press time, King Crypto fell 7% in 24 hours to trade at $77,934.46. This is the lowest level it has fallen to since April 2025, when a sell-off occurred just after US President Donald Trump’s “Liberation Day” tariffs….
Ripple Labs Inc., a leading blockchain developer, is preparing to launch its own dollar-denominated stablecoin, adding to the crowded digital asset landscape. The stablecoin, designed to maintain a constant value of $1, will debut later this year, according to CEO Brad Garlinghouse. Backed by a one-to-one reserve of US dollar deposits, short-term US government bonds,…
Last week, cryptocurrency-linked exchange-traded funds (ETFs) stole the show, showing impressive gains despite falling cryptocurrency prices. Among them, Ethereum and Bitcoin stood out as the best performers, captivating investors’ attention amid market volatility. The rise of digital currency funds was notable, with eight of the top 10 ETFs recording significant increases in value. Leading the…
Bitcoin Market Dominance Increases Amid ETF Boom: Time to Trade Dollar for Digital Gold? Bitcoin, often referred to as digital gold, is asserting its dominance in the cryptocurrency space, capturing more than 55% of the $2.4 trillion market. This surge comes on the heels of the notable success of recently introduced spot exchange-traded funds (ETFs)…
The introduction of Bitcoin ETFs has sparked debate among investors. But which option (buying Bitcoin directly or investing in Bitcoin ETFs) is really the best option? Let’s dive deeper into this discussion and explore the complexities of both pathways. Understanding Bitcoin ETFs: A Convenient Alternative Bitcoin ETFs have emerged as a convenient way for investors…
Bitcoin’s 200-day moving average (MA) is closing in on challenging its previous high of $49,452 set in February 2022. According to historical data, when this average exceeds its previous peak, it often signals the beginning of the most vigorous phase of the bull cycle. Bitcoin entered a bullish phase above the 200-day simple moving average…
The introduction of new Bitcoin spot ETFs (CRYPTO: BTC) in January represented a major milestone for the cryptocurrency industry, opening up cryptocurrency investment opportunities for individual traders. Here are three standout crypto ETFs, ideal for long-term investment strategies. 1. iShares Bitcoin Trust Leading the way is iShares Bitcoin Trust (NASDAQ:IBIT), managed by BlackRock, with assets…
People around the world are watching closely as the US government prepares to make important decisions about money. This includes what is known as the Federal Reserve’s decision on interest rates and important information about how prices are rising in the United States. But why should ordinary people care? Well, if you like Bitcoin, you…
Bitcoin (BTC) is showing potential signs of bottoming after the early August sell-off, according to recent market analysis. As the world’s leading cryptocurrency goes through a period of volatility, bullish indicators are emerging that could indicate a recovery on the horizon. Key Indicators Suggest Bitcoin May Have Hit Local Bottom A crucial metric in this…
