Analysis

Bitcoin slides below ,000 as weekend macro pressures weigh on markets

Bitcoin slides below $95,000 as weekend macro pressures weigh on markets

Bitcoin fell sharply from Friday’s multi-month highs above $97,000 over the weekend, with prices sliding under $95,000 during early Monday trading as broader macro pressures weighed on risk appetite. Global macro assets decline (Source: TradingView) The pullback followed a robust U.S. jobs report on Friday that lifted Treasury yields, igniting concern that the Federal Reserve […]

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Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

Bitcoin dominance rises, Solana prepares a surge as CartelFi surges

Bitcoin’s dominance is undeniable with CMC’s altcoin season index substantiating the Bitcoin season at a level of 21. However, meme coins are making a comeback and investors are on the lookout for fresh projects promising hefty returns from little investments. The attention is particularly on new entrants whose foundation is more than just a viral

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ETH could reach ,925 if upgrades succeed

ETH could reach $5,925 if upgrades succeed

Ethereum is the world’s second-largest cryptocurrency. Ethereum’s next major upgrade, Pectra, will go live on 7 May. Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) bytecode with RISC-V. Ethereum is back in the spotlight as traders prepare for what could be a decisive breakout year. With the Pectra upgrade scheduled for 7 May,

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Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest

Two Prime drops Ethereum, labeling it a memecoin amid waning institutional interest

Algorithmic trading firm Two Prime formally dropped its exposure to Ethereum (ETH), stating that ETH now trades as a memecoin rather than a predictable asset. According to CEO Alexander Blume, the firm will now exclusively manage and lend against Bitcoin (BTC). He added that the firm believes that Bitcoin is the only digital asset that

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Bitcoin market clears speculative froth as on-chain indicators stabilize

Bitcoin market clears speculative froth as on-chain indicators stabilize

A structural reset is underway across Bitcoin’s (BTC) on-chain metrics, with several key indicators returning to historical equilibrium levels, signaling a broad flush of speculative excess.  A recent Glassnode report noted that the adjustment is evident in metrics such as the MVRV ratio, SOPR, and the Sell-Side Risk Ratio, which now point to reduced investor

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Bitcoin rally eyes 0K with strong support near K

Bitcoin rally eyes $100K with strong support near $95K

649,600 BTC bought between $95,193–$97,437. Support worth $61.6B could protect BTC from dips. Key downside support lies at $93,625 and $91,521. Bitcoin is showing signs of a sustained recovery after weeks of consolidation, with technical indicators suggesting a possible move towards the $100,000 mark. Recent on-chain data and trading patterns hint at renewed bullish sentiment

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Investors increase crypto allocations to yearly highs, Bitcoin leads the accumulation

Investors increase crypto allocations to yearly highs, Bitcoin leads the accumulation

Investor portfolio allocations to crypto have reached a yearly high of 1.8% as of April 29, according to a recent report published by CoinShares.  The report attributed the increase to recent price movements and improving sentiment in the crypto market. Its findings are based on survey data and supporting 13F filings, offering a position snapshot of

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ZachXBT tracks 0M Bitcoin stolen in social engineering scam from elderly American

ZachXBT tracks $330M Bitcoin stolen in social engineering scam from elderly American

Blockchain sleuth ZachXBT revealed that the victim of the recent theft of $330 million in Bitcoin (BTC) was an elderly American citizen who was targeted by a social engineering attack. The exploit marks one of the largest known crypto thefts from an individual. ZachXBT traced the stolen 3,520 BTC, worth approximately $330 million, to a suspicious

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Onyxcoin price drops 14% as  million in liquidations hit XCN traders

Onyxcoin price drops 14% as $2 million in liquidations hit XCN traders

The MACD indicator shows a bearish crossover, confirming a trend reversal. Next major support lies at $0.0165, with risk of further losses. Recovery is possible if XCN reclaims $0.0187 and retests $0.0214. Onyxcoin (XCN) has recorded a steep drop of nearly 14% this week, signalling a sharp turn in market sentiment after the altcoin failed

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Bitcoin expected to beat stalling US GDP growth trend as Q1 data is released later today

Bitcoin expected to beat stalling US GDP growth trend as Q1 data is released later today

At 08:30 ET today, the Bureau of Economic Analysis is set to release its advance estimate for US Q1 GDP, with consensus expectations at a 0.3% seasonally adjusted annual rate. If confirmed, this would mark the weakest quarterly print since early 2022 and contrast starkly with the inflow of over $3 billion into spot Bitcoin

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