Institutional investors continue to flock towards the world of digital assets, with Bitcoin and Solana leading the way in terms of institutional inflows. According to a recent CoinShares report, Bitcoin witnessed a staggering $703 million in inflows last week, accounting for 99% of all flows into digital asset investment products. Surprisingly, Solana followed closely behind
Bitcoin
Bitcoin, the flagship cryptocurrency, finds itself at a critical juncture, as it hovers between potential upward and downward movements. Analysts are closely watching the current price action and utilizing various indicators to predict the next move of this influential digital asset. One such analyst, Eric Krown Crypto, recently shared his insights on Bitcoin’s future trajectory
Bitcoin, the largest cryptocurrency, has been experiencing a period of stagnation in recent times, leaving many investors uncertain about its future. Despite the lackluster price action, on-chain data reveals an interesting trend – the number of whale wallets, those holding between 1,000 and 10,000 BTC, has been steadily increasing. This accumulation by large holders indicates
The cryptocurrency market has been showing signs of recovery, and analysts at Coinbase are optimistic about the future performance of Bitcoin and the overall crypto market in Q2 2024. Despite the recent market fluctuations, Bitcoin has gained 3.31% in the last week, reaching a trading value above $43,000. This positive trend has led analysts to
Bitcoin Exchange-Traded Funds (ETFs) have gained significant attention and are living up to the hype. These investment funds have successfully increased the institutional adoption of Bitcoin, the flagship cryptocurrency. Recent analysis conducted by Lookonchain, an on-chain analytics platform, reveals the substantial amount of Bitcoin acquired by issuers such as BlackRock and others in just one
As the Bitcoin halving event approaches, anticipation and excitement are building within the cryptocurrency community. Many are hopeful that this event will trigger a massive rally in BTC prices. However, before diving headfirst into this optimistic outlook, investors must carefully analyze a few significant factors. In this article, we will explore the insights shared by
Bitcoin (BTC) has recently experienced a rally, leading to positive predictions from well-known cryptocurrency analysts. Ali Martinez, a renowned crypto analyst, has shared his exciting projections for Bitcoin’s future performance, particularly focusing on the Market Value to Realized Value (MVRV) ratio. This article explores the bullish predictions made by Martinez and other experts, shedding light
The reign of Bitcoin as the leading NFT platform has come to an abrupt end this month, as Ethereum reclaims its position at the top. NFT sales on the Bitcoin network have plummeted over 60% compared to December’s record highs. According to data from NFT analytics platform CryptoSlam, Bitcoin’s NFT sales volume in January has
Crypto analyst and long-term investor Jelle has recently shed light on a peculiar historical pattern that suggests February could be a bullish month for Bitcoin. After a bearish January, this would come as a welcome relief for BTC investors who have experienced a lackluster start to the year. Jelle took to X (formerly Twitter) to
Bitcoin has had a tumultuous start to 2024, with various events shaping its trajectory. From the SEC’s approval of spot Bitcoin ETFs to a significant decline in price and selloffs from the Grayscale BTC Trust, the cryptocurrency market has been filled with activity. Amidst all this chaos, on-chain data has revealed an intriguing sentiment of