ABTC On The Rise: Trump-Backed American Bitcoin Enters Nasdaq Trading
American Bitcoin, a new cryptocurrency mining venture supported by Eric and Donald Trump Jr., made its debut on Nasdaq on Wednesday under the ticker symbol “ABTC.” This launch marks the Trump family’s second digital asset debut in less than a week, following World Liberty Financial’s WLFI token launch on crypto exchanges on Monday. American Bitcoin…
Bitcoin Price Recovery Underway – But Momentum Tells a Different Story?
Bitcoin price is attempting a recovery wave above $111,000. BTC is now rising and might gain pace if it clears the $112,500 resistance level. Bitcoin started a recovery wave above the $111,200 zone. The price is trading above $111,200 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support…
Metaplanet Becomes A Global Bitcoin Powerhouse with 20,000 BTC Hoard, More Buys Ahead?
In a notable achievement, Metaplanet has made headlines by significantly expanding its Bitcoin treasury, reaching a total of 20,000 BTC. This aggressive accumulation strategy solidifies its position as one of the world’s leading corporate Bitcoin holders. Strengthening Its Long-Term Bitcoin Treasury Strategy Metaplanet, a publicly traded company based in Japan, has successfully transitioned from a…
Bitcoin Price Recovery Hopes Rise – Can Bulls Push It Past Resistance?
Bitcoin price is attempting a recovery wave above $110,000. BTC is now rising and might gain pace if it clears the $112,000 resistance level. Bitcoin started a recovery wave above the $110,000 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support…
Bitcoin Delta Cap And Coinbase Premium Gap Signal Resilient Market Structure – Details
Bitcoin’s (BTC) recent volatility has unsettled investors, as the largest cryptocurrency by market cap slid by more than five percent over the last two weeks. However, two key on-chain factors indicate that the BTC market structure is largely resilient. Bitcoin Remains Strong Despite Volatility According to a CryptoQuant Quicktake post by contributor XWIN Research Japan,…
Bitcoin HODLers Spend 97,000 BTC—Biggest Move This Year
Bitcoin long-term holders have seen their spending accelerate recently, with the largest daily spike of the year taking place on Friday. 1 To 2 Years Old Bitcoin Investors Made Up For The Biggest Part Of The Spike In a new long-term holders (LTHs) has been looking recently. The LTHs refer to the BTC investors who have…
Bitcoin Price Stabilizes – Is This the Start of a Comeback?
Bitcoin price is still showing bearish signs below $112,000. BTC is now attempting to recover and might face hurdles near the $110,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $110,500 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle with…
If This Key Support Fails, Bitcoin Could Plummet To $90,000, Warns Leading Analyst
The recent downturn in Bitcoin prices has raised eyebrows among market analysts, with one prominent figure warning that the leading cryptocurrency could face a significant decline toward the $90,000 mark in the coming months. As Bitcoin opened the month officially dropping below critical support levels, the market’s reaction remains tepid, suggesting that many investors have…
Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?
Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding. Bitcoin Short-Term Holder Realized Price Just Acted As Support As explained by CryptoQuant author IT Tech in an X Realized Price” here refers to an on-chain indicator that measures the cost basis of…
BTC Traders Remain Far From -12% Capitulation Zone – What Does This Mean?
Bitcoin recorded a slight 1.50% price gain in the past 24 hours, with prices now hovering within the $109,000 price range, after a significant price correction from last week. While general market sentiment remains neutral, recent data from blockchain analytics firm CryptoQuant suggests the leading cryptocurrency may experience further price drops before any potential full…