Cryptocurrency

Find out which crypto-related stocks are thriving in the post-halving market of 2024 and why. The answer may set you up for market-beating returns in the long run. The Bitcoin (BTC 3.51%) cryptocurrency posted a solid gain in the first half of 2024, starting with the introduction of spot Bitcoin exchange-traded funds (ETFs) in January. Bitcoin mining rewards were halved on April […]

Bitcoin has been in a sideways price action for months. The bears pulled the price below the range, but their failure to sustain the breakdown on July 8 shows that selling dries up at lower levels. That attracted buying from the aggressive bulls who aim to keep the price inside the range for some more […]

After hitting a four-year low, XRP appears on the brink of a comeback against the Bitcoin trading pair. Fueling this optimistic turnaround is the emergence of a classic bullish pattern, namely the triple bottom formation. XRP eyes a 30% rebound versus Bitcoin A triple bottom pattern develops when the price forms three distinct lows, all […]

United States-based spot Bitcoin exchange-traded funds (ETFs) recorded over $310 million in inflows on July 12, marking their best-performing day since June 5. BlackRock’s iShares Bitcoin Trust and the Fidelity Wise Origin Bitcoin Fund accounted for most of the flows at $120 million and $115.1 million, respectively, according to Farside Investors data. The Bitwise Bitcoin ETF came […]

The Futures Term Structure is a graphical representation of the pricing for futures contracts expiring at increasingly distant dates into the future. The most common state of the graph, an upward slope, indicates a premium must be paid to purchase exposure, or delivery, of an asset in the future. Conversely, a downward slope indicates a […]

Bitcoin’s price may have seen the local bottom as the German government is running out of Bitcoin to sell. Technical indicators point to the potential beginning of a reaccumulation phase. German government is nearly done selling Bitcoin The German government’s wallet is down to just 3,856 Bitcoin, only three weeks after it started selling. As a result, […]

Germany’s government offloaded the last of its Bitcoin holdings on July 12, according to data from Arkham Intelligence. The final transaction included 3,846 Bitcoin sent to “Flow Traders and 139Po,” which Arkham described as “likely institutional deposit/OTC service.” The transaction followed weeks of increased selling pressure from the German government, which offloaded tens of thousands […]

BTC bulls failed to penetrate critical resistance after positive U.S. inflation data, leaving the doors open for more losses. Downside may be limited as recent supply overhang from Germany’s Saxony state has exhausted. Fed rate cut bets, FTX repayments may offer support, according to a prime broker. Thursday was a significant day for crypto markets […]

Bitcoin miners are currently going through a difficult period following the halving of rewards. To stay afloat, some are exploring alternative solutions, including developing AI data centers. This strategic pivot could transform the bitcoin mining industry and offer unprecedented opportunities. Let’s dive into this new trend and see how miners envision their future. The Challenge […]

While several nations have approved the listing of cryptocurrency-based exchange-traded funds, Singapore, a key financial hub in Asia, is apparently not ready. Singapore Exchange (SGX) CEO Loh Boon Chye said so in a conference hosted by Reuters on July 9, stating that SGX is currently not open to crypto listings. “The ecosystem, I feel, at […]