Analysts at the blockchain firm Matrixport have noted that Bitcoin has historically provided substantial buying opportunities when the Relative Strength Index (RSI) falls to around 40%. Currently, the RSI is 48%, which is still too high to signal the...
El Salvador increased its Bitcoin holdings by acquiring 12 BTC on February 4 after a market dip. The country previously bought 11 BTC for about $1.1 million at an average of $101,816 per Bitcoin and added another 1 BTC...
Spot Bitcoin exchange-traded funds (ETFs) in the United States have returned to net inflows. According to data from Farside Investors, the twelve-spot Bitcoin ETFs experienced a collective net inflow of $340.7 million on February 4. This marked a reversal...
Bitcoin Depot has increased its Bitcoin holdings by acquiring an additional $5 million worth, bringing its total to 71.5 BTC, valued at over $7 million at current market prices. This move highlights the company's continued commitment to investing in...
Genius Group has expanded its Bitcoin holdings to 440 BTC after investing an additional $2 million. According to its recent press release, this increase has surpassed the company's market capitalization. In its latest move, the Singapore-based AI and education...
Bitcoin is hovering around the $99,300 mark, rebounding from a broader market sell-off, as investors react to escalating trade tensions between the U.S. and China. Earlier today, the cryptocurrency briefly dipped to $98,500 but has recovered from Monday’s low...
Dennis Porter, CEO and founder of the Satoshi Act Fund, believes that Utah will be the first state in the U.S. to pass legislation for establishing a strategic Bitcoin reserve. His comments expand on insights from an interview with...
The Bitcoin Kimchi Premium has surged to an impressive three-year high of 11.9%, reflecting the price gap between Bitcoin in South Korea and global markets. This sharp rise suggests a robust domestic demand for cryptocurrency, even as global prices...
Cryptocurrency prices declined significantly on Monday, with Bitcoin reaching a three-week low at $94,476.18 and briefly dropping to $91,441.89. Ether also experienced a sharp 24% decline, falling to $2,494.33, marking its lowest since early September. The decline in the...
Crypto exchange-traded products (ETPs) reportedly saw $527 million in inflows last week, marking their fourth consecutive week of growth. However, market sentiment remains volatile due to broader economic uncertainties and changing investor attitudes. James Butterfill, CoinShares’ head of research,...
