A modest rally in the cryptocurrency market is currently underway as investors anticipate potential interest rate cuts by the Federal Reserve, following disappointing jobs data and positive producer inflation reports. However, Bitcoin’s recent chart patterns suggest the rally may face some obstacles. Key Points: Bitcoin recently neared a resistance level around $114,000, while the total … Read more
Bitcoin treasuries firm now hold more than 5% of the Bitcoin supply, and Strategy holds more than all others combined. Summary Corporate adoption of Bitcoin crossed a new milestone. On September 4, public companies held more than 1 million Bitcoin (BTC), worth $110,000 billion at current prices, according to data from BitcoinTreasuries.net. This puts the … Read more
A group of altcoins looks ready to extend their rallies in the coming days, fueled by the ongoing drop in Bitcoin and Ethereum dominance. Weekly Performance Highlights By contrast, Bitcoin’s price remained mostly flat, staying just under $111,000. Ethereum dropped about 3%, stabilizing below the $4,300 support line. Market Analysis Despite muted performance from Bitcoin … Read more
Solana price has bounced back to reclaim the important $197 support level, reinforcing a bullish market setup. With higher lows consistently appearing, conditions are favorable for a potential rally toward the $260 resistance zone. Summary Solana price action demonstrates resilience after reclaiming $197, a level now positioned above the broader trading range’s value area high. … Read more
Spot Bitcoin ETFs have experienced a notable surge, with $332.7 million in net inflows in a single day—the largest daily increase over the past two weeks. Key Highlights Growing Investor Interest Institutional demand for Bitcoin (BTC) exposure is picking up again. On September 2, spot Bitcoin ETFs posted $332.7 million in net inflows, marking the … Read more
Bitcoin is beginning to recover after experiencing a sharp decline last week. Analysts suggest that the recent decline was largely driven by short-term traders, while long-term holders have remained steady. Bitcoin price demonstrating ongoing confidence in the market’s bullish trajectory. Summary Short-Term Traders Push Prices Down After reaching a peak of $124,128, Bitcoin price fell … Read more
Bitcoin price could continue its decline after slipping below $110,000. According to analysts at Bitfinex, the cryptocurrency may find its cyclical floor between $93,000 and $95,000, potentially setting the stage for a rebound in the fourth quarter. Key Takeaways Bitcoin Price Trend After hitting its record high, Bitcoin has experienced a sharp decline. While overall … Read more
Bitcoin recently slipped below $115,000, raising concerns among investors amid market volatility and a large options expiry. In this environment, Convano, a Japanese nail salon operator, has made headlines by announcing its plan to acquire 21,000 BTC by March 2027. This ambitious move aims to strengthen the company’s financial reserves and diversify its holdings, putting … Read more
Amsterdam-based Amdax has introduced AMBTS, a dedicated Bitcoin treasury company backed by $23 million in seed funding. The new venture has set an ambitious target: to acquire up to 1% of the total Bitcoin supply, strengthening Europe’s role in the global cryptocurrency market. Key Highlights Amdax’s Strategic Shift On August 29, CEO Lucas Wensing confirmed … Read more
The crypto market crash continued on August 29, with Bitcoin and other major cryptocurrencies facing increased selling pressure. A mix of rising liquidations, persistent US inflation, and concerning technical patterns for Bitcoin has intensified the downward trend. Key Highlights Surging Liquidations Drive the Market Down One of the main reasons behind the crypto market crash … Read more
📧 Subscribe to Our Newsletter
Never miss a breaking story! Join our community for exclusive crypto insights.
Visit mcstarters on these social links.