In a striking turn of events, Bitcoin’s open interest experienced a dramatic decline over a recent weekend, plummeting by approximately $4.5 billion. This reduction took the total open interest from $65 billion down to $61.5 billion, setting a grim tone for traders and enthusiasts alike. The downturn is attributed to a series of liquidations triggered
Bitcoin
Bitcoin, the most prominent cryptocurrency, has once more approached the psychological threshold of $100,000. This significant level often acts as a psychological barrier, affecting traders’ perceptions and willingness to buy or sell. As the asset experienced a 2.22% dip in value within the last day, it is evident that the market is feeling the strain
In the rapidly evolving landscape of cryptocurrency journalism, few voices resonate with clarity and insight as much as Semilore Faleti. With a specialization in blockchain technologies and digital assets, his transformation into a dedicated cryptocurrency writer would lead him to become an influential advocate for financial digitization and transparency. Semilore’s journey is marked not just
In an era where digital currencies are reshaping the fabric of finance, the role of informed journalism has never been more critical. At the forefront of this movement is Semilore Faleti, a passionate cryptocurrency writer committed to exploring the complexities of blockchain technology and digital assets. With a background steeped in diverse subjects, Faleti has
As we bid farewell to January 2025, Bitcoin (BTC) finds itself navigating a price range marked by both historical significance and uncertainty. Since the last US elections, BTC has oscillated within the $90,000 to $108,000 bracket, creating a space that has been characterized by consolidation despite facing various market pressures. This article seeks to delve
In the ever-evolving landscape of cryptocurrency, Bitcoin continues to dominate discussions among investors and analysts alike. Recently, notable crypto analyst CobraVanguard has brought attention to a compelling technical formation known as the cup and handle, which appears to be shaping the future trajectory of Bitcoin’s value. This pattern is heralded for often indicating bullish market
In a world where cryptocurrencies reign supreme, Bitcoin remains at the forefront as both a trading asset and a digital currency. Recently, Bitcoin’s price witnessed considerable volatility, plunging briefly below the $100,000 mark—an astonishing feat for a digital currency that has garnered immense popularity and institutional backing. Highlighted by a recent analysis from TradingView’s expert,
In the ever-evolving landscape of cryptocurrency, Arthur Hayes, the Chief Investment Officer at Maelstrom and a well-known figure in the crypto community as a co-founder and former CEO of BitMEX, has made a striking declaration regarding Bitcoin’s immediate future. His recent essay “The Ugly” elucidates his belief that Bitcoin is on the brink of a
In the ever-fluctuating world of cryptocurrency, Bitcoin’s (BTC) recent performance has generated intense scrutiny and speculation. After facing a significant downturn at the start of the week, Bitcoin’s price dipped below the crucial $100,000 mark for the first time in over a week. As the dust settled, however, BTC has not only managed to recover
In the dynamic world of cryptocurrency, Bitcoin (BTC) stands out as a prominent player, showing remarkable price fluctuations. In the last 24 hours, Bitcoin demonstrated significant volatility, with its prices oscillating between approximately $98,380 and $103,369. This dramatic movement indicates not only the currency’s inherent unpredictability but also its potential for both rapid gains and
