Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Analysts suggest Bitcoin’s current consolidation phase could be beneficial for the bull run.
While traditional asset classes like equities, commodities, and bonds have given strong returns, BTC price has corrected by 5% in the second quarter.
While Bitcoin (BTC) has been regarded as exponential gold, its recent growth has significantly slowed down, thus increasing the divergence between adoption and underlying value.
Upon approval of the proposed offering, MicroStrategy intends to use the proceeds primarily for purchasing more Bitcoin and for general corporate purposes.
Developers are keen on carrying out thorough re-evaluation and possible redesign of the wallet’s core code, architecture, and features.
10x Research stated that amid the ambiguity surrounding the Fed rate cuts for 2024, it believes that Bitcoin is better placed over altcoins, and inflows in ETFs are likely to continue.
Bitcoin (BTC) is currently forming a Descending Broadening Wedge on its daily timeframe chart, indicating potential volatility and a bullish reversal if the $71,300 resistance is breached.
The accelerated Bitcoin (BTC) purchases by institutional investors and some nation-states have reduced the overall selling pressure on centralized exchanges.
Merlin Chain presents a Proof-of-Stake (PoS) consensus mechanism fused with a suite of innovative DeFi integrations.
Bitcoin is hovering around $67,000 as investors await significant updates from the United States. Today, the Federal Open Market Committee (FOMC) meeting results and the latest Consumer Price Index (CPI) data are set to be released.
The sudden activation of dormant addresses, particularly those transferring funds to exchange deposit addresses, could signal potential selling activity.
Trump’s recent engagement with Bitcoin and digital assets is part of a broader strategy to appeal to new voter demographics.
While prices might drop to $60,000, some analysts are optimistic. They believe large traders’ “spot absorption” and swift sell order removals at $72,000 indicate strategic market manipulation by whales, preventing further decline.
The data revealed that Bitcoin’s transaction velocity today mirrors that of 2011. Despite several spikes in transaction activity over the years, the current levels suggest a long-term trend of stagnation.
Aside from the potential to turn HODLers into millionaires, the renowned author perceives BTC as a hedge against inflation and the economic crisis in the United States.