US Government To Release Half Its Bitcoin Intended for Trump’s Strategic Reserve

Follow Nikolaus On 𝕏 Here For Daily Posts Earlier this morning, the U.S. government announced via a court document that stolen bitcoin from the Bitfinex hack in 2016 should be returned to the exchange in-kind. This bitcoin, as seen publicly on the blockchain via Arkham Intelligence, totals 94,643 BTC currently worth $9.4 billion at the … Read more

Next Week or Two Could Be Critical for Bitcoin (BTC), According to Analyst Benjamin Cowen – Here’s Why

A widely followed crypto analyst says Bitcoin (BTC) may be at a critical juncture this month that could determine whether its uptrend continues. In a new video update, crypto strategist Benjamin Cowen tells his 858,000 YouTube subscribers that if Bitcoin can hold the range low of $90,000 in January as support, the flagship crypto asset … Read more

SUI Price Dips as Death Cross Warning Looms

SUI price has declined more than 3.5% in the last 24 hours, bringing its market cap to $13.4 billion, currently ranking it as the 14th largest crypto. Recent technical indicators paint a bearish picture, with the Chaikin Money Flow (CMF) turning negative and the Average Directional Index (ADX) signaling growing momentum within the ongoing downtrend. … Read more

Bitcoin’s Correlation With Nasdaq 100 Hits Two-Year High Amid Inflation Concerns

Trading patterns in equity markets reveal that investors are bracing for increased volatility as the latest U.S. inflation report is set to be released. Bitcoin Moving in Tandem With Tech Stocks The correlation between bitcoin and U.S. technology stocks has surged to a two-year high, underscoring how the equity market’s response to the upcoming U.S. … Read more

Bitcoin’s Uptrend May Continue Amid Declining Profit-Taking and Strong Demand

Bitcoin is surging in value, driven by strong market demand and decreasing profit-taking volumes, suggesting its upward trajectory continues unabated. In a surprising turn, the cryptocurrency has increased by over 1.76% in just one day, further igniting discussions about its market potential. Analyst Dan from CryptoQuant has highlighted that Bitcoin’s ongoing upward cycle is supported … Read more