As of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $ 97,076 and $ 97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy signals, highlighting the potential for further growth while signaling areas of caution. Bitcoin …
Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $ 30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot Crypto ETF Action On Oct. 9, the 12 U.S. spot …
Lightspark CEO David Marcus: Lightning Network Will Become the World’s ‘Interoperability Neutral Settlement Layer’
David Marcus, CEO of Lightspark, a company that offers lightning network (LN) related services, has stated that LN will become the “interoperability neutral settlement layer” for the world. Marcus declared that only Bitcoin is “neutral enough” to be implemented as the enabler between national payment systems, granting companies and institutions adopting it an edge for […]
Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’
The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term trends. Fidelity Digital Assets Spotlights Bitcoin and Ethereum Market Shifts in New […]
Bitcoin Technical Analysis: Oscillators Neutral, Moving Averages Split on Future Direction
Bitcoin’s price on March 22, 2024, exhibits a fascinating landscape of market dynamics, oscillating between gains and losses across various time frames. Amidst a backdrop of neutral oscillators and a mixed sentiment in moving averages, bitcoin traders are navigating through a volatile environment. Bitcoin Oscillators, quintessential for identifying market momentum and potential reversal points, present […]