Bitcoin Demand Fades After $11.8B Accumulation in 30 Days
After billions of dollars in Bitcoin withdrawals from exchanges, a key technical indicator suggests the demand might see a pause.
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After billions of dollars in Bitcoin withdrawals from exchanges, a key technical indicator suggests the demand might see a pause.
The crypto community makes different predictions as the high-stakes trader James Wynn decided to enter the trading zone again.
Bitcoin roared back above $106,000, following reports of a ceasefire between Iran and Israel and ending a plunge below $99K.
The crypto market is far from its peak, as a key indicator with strong historical accuracy suggests further bullish momentum for Bitcoin.
Sequans Communications is set to invest $384 million into Bitcoin, joining the ranks of corporate giants like MicroStrategy.
Panther Metals plans to use £1.3M in Bitcoin collateral to finance its Pick Lake mining acquisition.
The Bitcoin price slipped under $ 100,000 for the first time in six weeks after Iran closed the Strait of Hormuz, escalating Middle East tensions.
Michael Saylor sees BTC at $21 million by 2046, even as analysts warn of deteriorating on-chain liquidity and heightened short-term volatility.
Nakamoto Holdings, a Bitcoin-focused firm led by David Bailey, advisor to President Donald Trump, secured $51.5 million in a rapid private placement.
Bitcoin retreated to $104,800 after hitting $105,500 resistance as miners offloaded 30,000 BTC worth $3.2 billion over three weeks, dampening rebound prospects.
A European Bitcoin treasury firm increases its Bitcoin holdings by $20 million.
BlackRock’s iShares Bitcoin Trust (IBIT) recorded $639 million in inflows on June 17, accumulating 6,088 BTC from the open market.
Metaplanet offers a forward Bitcoin yield of 400% compared to Strategy’s 30%, with year-to-date stock gains of 411% versus MSTR’s 28%.
After nine straight weeks of inflows and technical resilience, Bitcoin hovers near all-time highs as whales, retail, and institutions alike double down on conviction.
Bitcoin and the broader cryptocurrency market are anticipating a potential upside due to declining exchange flows.