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Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million. This development occurred in tandem with Bitcoin’s bearish start to October in which it declined over 6% in the first five days of the month. Related Reading: US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi Spot Bitcoin ETFs Negative Outflows End Three-Week Positive Streak According to data from market tracking platform SoSoValue,…

The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4. The premier cryptocurrency continues to hover around the $62,000 mark, reflecting a mere 0.3% decline in the last 24 hours. Recent on-chain data suggests that the price of Bitcoin might continue to turn in a sluggish performance, as short-term holders remain under pressure. Specifically, the market leader continues to trade under the realized price of short-term holders (STH). What Does…

According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while many investors are highly expectant of a bullish breakout in Q4 2024, certain market conditions must be met. Related Reading: Bitcoin Futures Liquidation Forms Local…

Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. This rollercoaster price movement has left many investors on edge as they wait for the next clear signal. Amidst this uncertainty, top analysts are closely monitoring Solana’s next move, with one in particular pointing to the $160 mark as the decisive…

With the evolving nature of cryptocurrency, staking has become one of the best ways to earn passive income. Staking is a process of holding crypto in a digital wallet for a considerable period to earn rewards by participating in network operations. This article will look into the top 11 staking platforms this year, starting with one of the most promising platforms: CryptoHeap  1. CryptoHeap- Seamless staking with a secure & vibrant community. CryptoHeap is a good platform for new users…

Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.  Bitcoin Reserve On Exchanges Sees Sharp Plunge  With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in…

In contrast to popular bullish sentiments, Bitcoin began October on a bearish note, recording a price decline of over 7% in the first three days of the month. However, while the BTC market experienced an uptick on Friday as data from the US Labor Department indicated incoming rate cuts, investors have generally retained a cautionary approach. Bitcoin Fear And Greed Index Touches 37 As Investors Become Uncertain In a Quicktake post on CryptoQuant, an analyst with username maartunn shared that…

POPCAT has achieved a remarkable milestone by surging past its all-time high of $1.0094, igniting excitement among traders and investors alike. This breakout signals a powerful bullish momentum, prompting a re-evaluation of the asset’s potential for further gains. As the market reacts to this significant price movement, understanding the underlying technical factors and market dynamics is crucial for forecasting future price action.  In this technical breakdown, we will analyze the recent surge of POPCAT past its previous all-time high of…

Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year. In a recent post on social media platform X, popular crypto analyst Inmortal revealed Bitcoin is still on its way to creating a new all-time high very soon. The only thing…