Bitcoin (BTC) rallied above $93,000, leading to large-scale liquidation of the recently built short positions. For the last 24-hour period, BTC saw over $300M in short liquidations. Bitcoin (BTC) rallied above $93,000, leading to a liquidation of $300M in short positions. Before the recent price recovery, BTC quickly rebuilt derivative positions, heavily skewed toward short […]
Bitcoin adds $120 billion in a day as BTC zooms toward $100k Andreja Stojanovic Cryptocurrency Apr 23, 2025 Share Summary ⚈ Bitcoin gained $120 billion in one day, nearing the $100k mark.⚈ Rally momentum suggests BTC could reach $200k by year-end.⚈ Bitcoin is trading like gold, diverging from falling stock markets. Over the last two […]
CryptoQuant analyst Axel Adler Jr noted that the Bitcoin futures market saw a total of 57,000 BTC positions in the past three days, around the same time BTC surpassed the $93k threshold. In a recent post, CryptoQuant analyst Axel Adler Jr. said that traders have opened BTC (BTC) positions amounting to 57,000 BTC in the […]
Mercuryo launches new Mastercard cryptocurrency debit card Spend Mijuško Šibalić Cryptocurrency Apr 23, 2025 Share Global payment infrastructure platform Mercuryo has announced the launch of a new cryptocurrency debit card on the Mastercard network. The new card, Spend, is available via companion app Ledger Live, and allows Ledger users to seamlessly make purchases using their […]
Gold and Bitcoin are once again stealing the spotlight as markets wrestle with rising uncertainty. A familiar pattern is catching attention: when gold surges, Bitcoin often follows about 100 days later. It’s a move driven by investor psychology. In times of stress, gold usually attracts safe-haven buyers first. But once gold feels too expensive, other […]
Bitcoin price is moving higher above the $92,500 zone. BTC is gaining pace and might continue higher above the $94,000 zone in the near term. Bitcoin found support at $88,000 and started a decent upward move. The price is trading above $90,500 and the 100 hourly Simple moving average. There is a connecting bullish trend […]
Bitcoin gained 12% in two weeks to April 22, showing resilience amid US-China tariffs. Observers note Bitcoin decoupling from stocks, behaving more like gold (safe haven). US plans for a Strategic Bitcoin Reserve potentially bolster its asset status (Nansen CEO). Bitcoin has demonstrated notable strength in recent weeks, seemingly shrugging off the escalating trade tensions […]
A top digital assets expert has shattered the myth of Strategy’s bitcoin price influence, revealing weak correlation and minimal market impact despite the firm’s aggressive accumulation. Strategy’s Market Impact Minimal, Expert Finds Low Correlation With BTC Prices Matthew Sigel, head of digital assets research at asset management firm Vaneck, publicly challenged the narrative that Microstrategy […]
Tesla’s Bitcoin value rebounds above $1 billion amid challenging automotive sales and earnings performance. Key Takeaways None of Tesla’s 11,509 Bitcoin was sold in Q1 2025. Energy generation and storage revenue for Tesla grew by 67% in the first quarter. Tesla held 11,509 Bitcoin in its reserves throughout Q1 2025 without selling any, according to […]
Bitcoin’s recent rally could extend further if it breaks through a key resistance zone, Katie Stockton of Fairlead Strategies noted in a recent analysis. The largest cryptocurrency is currently trading around 20% above its monthly lows amid growing momentum and a successful break above its 50-day moving average (MA). Stockton explained that Bitcoin has broken […]