Key takeaways AVAX is trading above $17 per coin after hitting the $15.90 mark on Sunday. Despite its recovery, AVAX could retest the $15 low before surging higher. AVAX surges 2% as broader market recovers The cryptocurrency market is having a positive start to the week following a bearish weekend. Bitcoin, ETH, AVAX, and other…
Bitcoin Magazine Metaplanet Buys Additional ¥17.2 Billion Worth Of Bitcoin Metaplanet has purchased an additional 1,111 Bitcoin for approximately ¥17.2 billion ($118.2 million), expanding its Bitcoin holdings amid growing corporate adoption of Bitcoin as treasury reserves. According to a company filing on June 23, the Tokyo-listed firm acquired the Bitcoin at an average price of…
Bitcoin briefly slid to $98,974 late on Sunday after US airstrikes targeted Iranian nuclear facilities. That was its weakest point since early May. But by Monday morning in Asia, the leading cryptocurrency topped $101,000 again. Traders are weighing whether this was just a hiccup or the start of a fresh trend. Arthur Hayes Sees Temporary…
XRP trades above $2.00 and could eye a decisive break above $2.30. An uptick to $2.50 could confirm bullish continuation. However, a drop below $2.00 may signal deeper corrections. The price of XRP is holding near $2 as top cryptocurrencies trade at key support levels. Most altcoins mirror Bitcoin’s trajectory, which saw a sharp decline…
With institutional adoption increasing, major cryptos are becoming less attractive to investors seeking outsized returns. These investors are increasingly looking toward early-stage tokens such as Bitcoin Pepe. The project’s presale has raised over $15.3 million. Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear…
The short-term holder realized price (STH RP) for bitcoin BTC currently sits at $98,200, representing the average on-chain acquisition price for bitcoin {BTC} held outside of exchange reserves and moved within the last 155 days. This metric, derived using on-chain heuristics, helps distinguish between short and long-term holders and provides insight into market sentiment, according…
The calm in the oil market following the U.S. airstrike on Iran’s nuclear sites has dashed the forecasts of bears who predicted a slide in the price of bitcoin BTC. With this in mind, traders can look to the week’s major events that could affect markets. Federal Reserve Chairman Jerome Powell’s semi-annual monetary policy testimony…
The Bitcoin Pepe presale has remained resilient, continuing to attract strong investor interest. The project has raised over $15.3 million during its ongoing presale. The BPEP token is currently priced at $0.0416. Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the…
Key takeaways Hyperliquid’s HYPE outperforms the other major cryptocurrencies, adding 5% to its value in the last 24 hours. Bitcoin is trading above $101k, with HYPE now eyeing the $40 resistance level in the near term. BTC, HYPE, Others Begin Recovery The cryptocurrency was extremely bearish over the weekend, with Bitcoin dropping below the $99k…
Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that Bitcoin’s (BTC) weakening performance relative to gold could be signaling deeper trouble for U.S. equities and broader risk assets. In his bearish outlook, McGlone pointed to the falling Bitcoin-to-gold ratio as a potential “canary in the coal mine.” He emphasized that the 33x level on…
