Key points: Sellers will attempt to halt the recovery at $74,508, but if buyers bulldoze their way through, the rally may reach $84,000. Select major altcoins have risen above their overhead resistance levels, signaling solid demand at lower levels. Bitcoin (BTC) rallied to $74,508 on Monday, a level that is a key near-term resistance. Crypto sentiment platform Santiment said in a recent report that wallets holding between 10 and 10,000 BTC have started accumulating, which in the past was a bullish sign. US spot BTC exchange-traded funds (ETFs) have also…
Tag: Bitcoin
Bitcoin Hits $74.5K But Futures Data, Macro Signal Caution
Key takeaways: Bitcoin derivatives remain bearish as traders hedge against a price drop despite BTC reclaiming the $74,000 level. Fears of a global energy shortage mount as the Strait of Hormuz remains closed, forcing investors into safe-haven Treasury assets. Bitcoin (BTC) climbed above $74,000 on Monday, following gains on the Nasdaq Index as investors await a keynote from Nvidia (NVDA US) CEO Jensen Huang at the chipmaker’s biggest event of the year, the Nvidia GTC 2026 global AI conference. A drop in oil prices and growth in the US manufacturing…
Bitcoin Surges Toward $75K As Huge Capital Inflows Return
Bitcoin chases $75,000 as the return of aggressive spot BTC ETF inflows, billion dollar buys from Strategy and an improvement in investors’ risk appetite propel the crypto market. Bitcoin’s (BTC) price recovery extended into a third week as the price rallied to $74,509, a level not seen since Feb. 4. While markets remain reluctant to confirm whether or not Bitcoin bottomed, the cryptocurrency is up 22.5% from its Feb. 6 low at $60,000 and data point to a renewed institutional investor appetite as a potential key player in the current…
Jane Street resumes Bitcoin trading amid scrutiny over alleged insider activity
Jane Street, the quantitative trading powerhouse and authorized participant in spot Bitcoin ETFs, has resumed active crypto trading. According to data tracked by Lookonchain, wallets linked to the firm saw an inflow of 205 Bitcoin, worth about $15 million, from institutional exchanges BitMEX and LMAX Digital on Monday. Jane Street, recently accused of insider trading during the LUNA/Terra crash and dumping $BTC at 10 AM, is actively trading again. In the past 2 hours, wallets linked to #JaneStreet received 205.36 $BTC($15.08M) from BitMEX and LMAX Digital.https://t.co/6Jt6RTJRed pic.twitter.com/JJ4PKyCVA4 — Lookonchain (@lookonchain)…
Bitcoin eyes eight straight green days as ETF inflows fuel the rally
Bitcoin just posted its best price since early February, touching $74.5K as a sustained wave of institutional buying through spot ETFs continues to power the rally. The asset is now eyeing eight consecutive green daily candles — a streak that hasn’t happened in months. Here’s the thing: while the price action screams confidence, the broader sentiment landscape is whispering something else entirely. The Fear and Greed Index sits at 23, deep in “Extreme Fear” territory. That’s up from a brutal 8 last week, but still the kind of reading you’d…
Bitcoin Traders See Little Chance of a Breakout as BTC Eyes $75,000
Bitcoin achieved new six-week highs at the week’s first Wall Street open, but analysis stayed risk-off, arguing that the long-term BTC price downtrend was still in place. Bitcoin (BTC) hit $74,600 at Monday’s Wall Street open as US stocks gained on Iran war deescalation signals. Key points: Bitcoin sets another local high near $75,000 after a solid weekly close reclaimed key trend lines. Oil and gold both decline as tensions over the Strait of Hormuz ease slightly. Bitcoin traders are in no mood to trust the current “relief bounce.” BTC…
Bitcoin proxy Strategy buys 22,337 Bitcoin for $1.6 billion
Strategy, the Virginia-based software company that has transformed itself into the largest corporate holder of Bitcoin, acquired 22,337 Bitcoin during the week ending March 15 for approximately $1.6 billion. Strategy has acquired 22,337 BTC for ~$1.57 billion at ~$70,194 per bitcoin. As of 3/15/2026, we hodl 761,068 $BTC acquired for ~$57.61 billion at ~$75,696 per bitcoin. $MSTR $STRChttps://t.co/YNpkYHYSg1 — Strategy (@Strategy) March 16, 2026 The purchase, disclosed in a regulatory filing today, brings the firm’s total holdings to 761,068 Bitcoin valued at $56 billion at current market prices. The company…
Crypto Funds Add $1B as Bitcoin and Ethereum Lead Gains
Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset. Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday. The inflows mark three consecutive weeks of positive flows totaling $2.7 billion, driving net inflows to around $1.2 billion year-to-date. CoinShares’ head of research, James Butterfill, said the rising momentum over the past few weeks underscores the resilience of digital assets, particularly Bitcoin, as…
Bitcoin Price Breaks Above 50-day SMA as Analysts See More Gains for BTC
Bitcoin (BTC) found fresh strength during the early Asian trading hours on Monday as bulls eyed further short-term gains. Key takeaways: Bitcoin price rises to a six-week high of $74,400 on Monday, liquidating $300 million in shorts. The 50-day moving average above $71,120 is a key support level to watch for BTC/USD going forward. Bitcoin leads market in new relief bounce Data from TradingView showed 2.5% daily BTC price gains, with BTC/USD rising as high as $74,400 for the first time since Feb. 4. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Ether…
Metaplanet secures $255M, targets $531M total raise to buy more Bitcoin
Metaplanet, the Tokyo-listed investment firm pursuing a Bitcoin-focused treasury strategy, has raised approximately $255 million from global institutional investors as it advances its long-term Bitcoin accumulation goal. According to CEO Simon Gerovich, the company may receive up to $276 million more if certain warrants are exercised, giving total potential funding of around $531 million to support its plan to accumulate 210,000 BTC. Metaplanet has raised ~$255m from global institutional investors via a placement of new shares priced at a 2% premium, paired with fixed-strike warrants at a 10% premium that…