Bitcoin, currently dancing between $ 91,721 and $ 92,105 over the last hour, has dipped by 2.7% in the past 24 hours. Its market cap stands tall at $ 1.81 trillion, with a trading volume of $ 45.45 billion and an intraday price swing from $ 91,315 to $ …
Vanguard Triples Down on Its Anti-Bitcoin Stance: Weak, Lacks Intrinsic Value
Vanguard, the second-largest ETF provider, has tripled down on its rejection of bitcoin and the crypto asset class, declaring that the merits of these digital assets are “weak” and based on speculation. Vanguard Belittles Bitcoin Yet Again: Might Make Investors Lose Money Even with the recent hike in price and interest for bitcoin and the […]
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […]
Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand
Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $ 65,000 to $ 66,000 mark, a critical onchain realized price that could either support the price or signal a correction, according to the latest analysis …
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $ 1 million. Hayes states that eventually, the U.S. will be forced to act …