As the winds of change blow through the Bitcoin market, a noticeable shift in investor behavior has emerged. The recent report by Bitfinex Alpha highlights this transformation, revealing a contrasting dynamic between short-term traders and long-term hodlers. The rise of spot Bitcoin ETFs has paved the way for a new breed of investors seeking quick
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In a recent analysis, prominent crypto analyst Dave the Wave provided a bullish narrative for Bitcoin, despite the recent setback in the flagship crypto’s price. He suggested that Bitcoin could potentially rise to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. Dave the Wave also highlighted an ascending diagonal line, which
The recent price consolidation of Bitcoin post-halving has sparked various predictions from major crypto analysts. One such analyst, CrediBULL Crypto, has forecasted a significant rise for the flagship cryptocurrency. In a social media post, he confidently stated that Bitcoin would surge to $100,000 in the near future. This optimistic outlook comes after a period of
The BitRam NFT artwork is a unique and Bitcoin-specific piece created by VESA, a renowned artist in the crypto world. This piece showcases the indestructible and unconfiscatable nature of Bitcoin, breaking away from the traditional Bull and Bear symbols commonly associated with cryptocurrency art. Artwork Details BitRam is a symbol of Bitcoin’s relentlessness in the
The cryptocurrency market is experiencing a surge of optimism as investment funds witness a historic inflow surge. CoinShares, a top digital asset manager, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, spanning over five consecutive weeks, has pushed total
Christian’s career as a journalist has taken him on a journey through various facets of the industry. From working at newspapers in Canada and South Korea to settling down at a local news giant in the Philippines, he has honed his craft and become a total news junkie. However, it was his discovery of the
The Bitcoin price has been a topic of much discussion recently, especially after hitting the $71,000 level and entering a period of indecisiveness. Analysts and investors are eagerly awaiting the next big move, with predictions ranging from bullish to bearish. One such analyst, Alan Santana, has taken a deep dive into the Bitcoin chart to
The recent observations made by Philip Swift, the founder of LookIntoBitcoin, regarding the increase in global liquidity have sparked discussions about the potential impact on Bitcoin’s price in the current bull run. Swift emphasized the importance of global liquidity as a key indicator for Bitcoin’s performance, pointing out that it had reached a new all-time
The recent surge in Bitcoin’s price to $70,000 has sparked optimism among investors, especially long-term holders who have seen their investments turn profitable. The positive price outlook is evident in the resurgence of the Coinbase premium, a key indicator of market sentiment among US-based investors. The Coinbase Premium Index (CPI) recently turned positive after being
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been experiencing an unprecedented wave of inflows, with 17 consecutive days of net additions. A significant surge was observed on a particular Tuesday, with $886.6 million pouring into these ETFs – the second-highest single-day influx since their introduction. Following closely behind, another substantial inflow occurred the next
