Tag: Bitcoin

Bitcoin Exchange Outflows Signal Investor Accumulation

admin

The net outflow of Bitcoin from exchanges over the past month suggests that investors have started to accumulate the cryptocurrency, according to a CryptoQuant analyst. March has been largely dominated by Bitcoin (BTC) outflows from crypto exchanges, aside from one spike in inflows just before the asset tapped a six-week high of $76,000 on March 17, according to CryptoQuant data.  This negative net flow has remained present while Bitcoin “continues its liquidation phase,” the analyst known as Darkfost said on Wednesday. “This persistent outflow suggests genuine accumulation by investors, who…

Bitcoin Price Approaches Break Zone, Upside Move Looks Likely

admin

Bitcoin price started a recovery wave above $69,200. BTC is now back above $70,000 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,500 and $70,000. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish flag pattern forming with resistance at $70,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $71,200 and $71,650 levels. Bitcoin Price Faces Resistance…

Treasury Spike, Inflation Risk, Iran War Contagion Pin Bitcoin Price

admin

Key takeaways: Investors dumped gold and bonds for cash as war-driven oil spikes and inflation forced a defensive market stance. Rising yields and a 20% rate hike chance signal a tight outlook, leaving Bitcoin vulnerable amid soaring US debt. Bitcoin (BTC) retested the $67,500 support level on Monday, a move that coincided with gold prices suffering their sharpest correction in over 50 years. Fears of a prolonged war in Iran and the inflationary impact of oil prices holding above $85 pushed investors to cut risk. US 5-year Treasury yields (left)…

Lombard, Bitwise Partner to Unlock Bitcoin Yield Without Custody Transfer

admin

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of billions of dollars in Bitcoin held in institutional custody. The partnership was announced Tuesday at the Digital Asset Summit in New York.  Jacob Phillips, CEO and co-founder of Lombard, told Cointelegraph:  The breakthrough is Bitcoin Smart Accounts—connecting two previously isolated worlds: institutional custody and onchain finance. According to an announcement shared with Cointelegraph, Bitwise will…

Bitcoin Holders Move to Cash as Volatility Remains High

admin

Bitcoin (BTC) holders are gradually becoming less prone to panic selling and instead building up cash buffers to deploy during discounted BTC buying opportunities. Onchain data supports this view, highlighting a large surge in stablecoin activity, with USD Coin (USDC) and Tether’s USDt (USDT) transfers reaching a combined $440 billion on March 22.  This shift in investor behavior aligns with the increasing risk-off approach seen in markets as the United States Federal Reserve dismissed near-term interest rate cut expectations, amid rising energy prices due to the ongoing US and Israel-Iran…

Bernstein says Bitcoin bottom is in, reaffirms $150K year-end target

admin

Bernstein, the research and brokerage unit of AllianceBernstein, believes Bitcoin has found its cycle low and reiterates a $150,000 year-end target, implying more than double the upside from current levels. The call, issued in a note led by analyst Gautam Chhugani this week, comes after a drawdown that shaved half of Bitcoin’s value from its October 2025 record. Bitcoin was changing hands near $70,000 at the time of the report, having recovered from lows around $62,500 reached in late February. The token peaked at $126,279 last October, meaning the subsequent…

Bitcoin Stumbles at $70,000 as Analysis Eyes “Early Stages” of a Rebound

admin

BTC price fell below $70,000 on macro tensions as analyst considered a possible bullish “regime shift” already starting to play out for Bitcoin. Bitcoin (BTC) fell below $70,000 at Tuesday’s Wall Street open as macro assets fell over Iran war tensions. Key points: Bitcoin fails to turn $70,000 support as macro selling pressure sparks losses across global assets. Middle East tensions remain at the forefront, but analysis sees hope in Bitcoin’s “surprising resilience.” Traders stay split over whether bulls can rescue the current range. Bitcoin comeback could be in “early…

Bitcoin Yardstick Prints Record ‘Deep Value’ in Sub-$60,000 BTC Price Dip

admin

Bitcoin Yardstick data confirmed a new record for BTC price “deep value” in February as miners battled the lowest price levels in 15 months. Bitcoin (BTC) is “off the chart” in terms of value-for-money as price diverges from hash rate, a market analyst says. Key points: Bitcoin price action is diverging from hash rate to an extent never seen before. The Bitcoin Yardstick metric shows that price is in its “deep value” range. Hash rate continues to circle its historical highs despite a 40% BTC price drawdown. Bitcoin Yardstick shows…

Bitcoin Price Bounce Weakens, Recovery at Risk of Fading Again

admin

Bitcoin price started a recovery wave from $68,000. BTC is now back above $70,000 and might struggle to continue higher in the near term. Bitcoin started a decent recovery wave above $69,500 and $70,000. The price is trading above $70,000 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $69,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $71,500 and $72,000 levels. Bitcoin Price Attempts…

Strategy Unveils New $44B Plan to Fund Bitcoin Purchases

admin

Strategy is increasingly turning to perpetual preferred stocks to fund its Bitcoin strategy, with the company adding 90,000 BTC to its balance sheet so far this year. Michael Saylor’s Strategy has announced several capital-raising programs totaling $44.1 billion to fund Bitcoin purchases, including the sale of common shares and two of its dividend-paying equity vehicles. Strategy plans to raise up to $21 billion by selling Strategy (MSTR) stock and another $21 billion from its high-yield perpetual preferred stock, Stretch (STRC), via new at-the-market programs, the company said in an 8-K…