Tag: Bitcoin

Bitcoin Sees High Open Interest, Low Funding Rates In New Short Squeeze Cue

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Bitcoin (BTC) is due a classic “short squeeze” as open interest hits five-week highs, says new analysis. Key points: Bitcoin is seeing a combination of rising open interest and negative funding rates. The result could punish short positions, with funding rates at the most negative since early February. Large-scale Bitcoin speculators are net long BTC again. Bitcoin short squeeze likelihood “increasing” In one of its “Quicktake” blog posts on Saturday, onchain analytics platform CryptoQuant said that Bitcoin was “crowded” with short positions.  “BTC is flowing out of exchanges while funding…

Jordi Visser: Bitcoin above $76,000 and Ethereum above $2,400 could signal market stability, AI demand prevents recession, and inflation may rise to levels not seen since the early 90s

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Key takeaways Bitcoin and Ethereum reaching specific price levels could indicate a sustainable market move. AI-driven market rotations are expected due to mispositioned investments. No recession is anticipated due to robust AI demand. Inflation may rise significantly, potentially reaching levels not seen since the early 1990s. AI is fundamentally disrupting businesses by making coding cheaper and more accessible. Many people are not fully utilizing AI, often treating it as a simple tool. Advanced AI models are selectively distributed, creating competitive advantages. The development of advanced AI models could pose cybersecurity…

Jordi Visser: Bitcoin rallies post-financial shocks, rising debt to GDP signals economic trouble, and contagion risks loom in the current economy

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Key takeaways Bitcoin often experiences significant price increases following financial shocks. The debt to GDP ratio has been growing rapidly despite banking restrictions. Financial stocks below their 200-day moving average can signal economic trouble. The current economic situation may lead to contagion effects similar to past crises. Fractional reserve banking can amplify economic risks due to leverage. The K-shaped recovery is influenced by AI and monetary policy, benefiting some while disadvantaging others. Inflation is expected to rise significantly in the next CPI print. The stock market’s weakness is not solely…

Bitcoin Community Weighs Reports of Hormuz Oil Tanker Fees Payable in BTC

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The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the Strait of Hormuz, a critical shipping lane through which about 20% of the global oil supply passes.  The reactions were sparked by a Financial Times report, published on Wednesday, which said that the Iranian government was considering BTC payments for oil tolls to avoid sanctions imposed by the United States. Several conflicting reports have been published since the Financial Times article, which suggest that the tolls…

Iran Eyes Bitcoin Payments for Strait of Hormuz Oil Transit

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Bitcoin is emerging as a potential component in the fragile ceasefire that is taking shape between the United States and Iran after a 39-day conflict disrupted the region and forced the closure of the Strait of Hormuz. Tehran is unlikely to relinquish its grip on the narrow trade artery that handles roughly 20% of global crude oil flows. Instead, it plans to manage transit alongside Oman, collecting tolls from vessels seeking safe passage. And that’s where Bitcoin (BTC) comes into play. Those payments may not be limited to traditional currencies.…

Three Signs That $80K Is the Next Target for Bitcoin Bulls

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Bitcoin (BTC) extended its bullish run into the Wall Street open on Friday, rallying above $73,000. Traders now eye a move back toward $80,000 by the end of April, as several indicators point to bulls retaking control of the crypto market. Bitcoin breaks a bearish chart pattern On Tuesday, Bitcoin invalidated what initially appeared to be a bear pennant on the daily chart. Related: Old Bitcoin whales sold $271M in BTC: Is crypto rally at stake?  The BTC/USD pair pierced through the pennant’s upper trend line at $70,000, jumping as…

Bitcoin, Altcoin Traders Attempt To Restart Bull Market: Will They Win?

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Key points: Buyers are attempting to push Bitcoin toward the $76,000 level but are facing significant selling from the bears. Several major altcoins are likely to pick up momentum if they break above their overhead resistance levels. Buyers are attempting to sustain Bitcoin (BTC) above the $72,500 level but are expected to face significant resistance from the bears. US spot BTC exchange-traded funds have witnessed a mixed week, with two days of inflows and two days of outflows, according to Farside Investors data. However, a positive sign is that the…

Inflation Cools, Bitcoin Rises but Interest Rate Cut Odds Still at Zero

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The United States Bureau of Labor Statistics (BLS) published the Consumer Price Index (CPI) data for March, showing a 0.9% month-over-month rise in headline CPI inflation. CPI inflation is up 3.3% year-over-year, according to the BLS report published Friday. Although inflation came in slightly lower than analyst expectations, inflation remains elevated above the Federal Reserve’s 2% target. A surge in energy prices from the Iran war drove March’s inflation figures, with the energy index rising by nearly 11%, led by a 21.2% rise in gasoline prices, the BLS report said.…

Nasdaq-listed Bitcoin miner sells 80 BTC, holdings drop to 1,794 Bitcoin

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Nasdaq-listed Bitcoin mining firm BitFuFu reported today that it produced 214 BTC in March while selling 80 BTC from its treasury. Total holdings have dropped to 1,794 BTC, valued at approximately $131 million at current market prices. BitFuFu first disclosed its Bitcoin holdings in late 2024 at 1,664 BTC, which later rose to a peak of 1,959 BTC in October 2025 before declining. The company’s chief executive Leo Lu said the sale was in line with its balance sheet management strategy. He noted that the firm maintains its “long-term objective…

Bitcoin Heads Toward New Local Highs As US CPI Brushes Off Gas-Price Surge

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Bitcoin (BTC) tagged $73,000 following Friday’s Wall Street open as crucial US inflation numbers came in below expectations. Key points: Bitcoin edges higher as US CPI data remains slightly below market expectations. Gasoline prices see a historic surge within the CPI release. Bitcoin traders plan out key resistance levels overhead. BTC price seeks new local highs after CPI Data from TradingView showed BTC price eyeing new multi-week highs as markets digested the March print of the Consumer Price Index (CPI). BTC/USD one-hour chart. Source: Cointelegraph/TradingView This was the week’s key…