Bitcoin trader flags key levels as BTC price attacks $64K liquidity

As a seasoned analyst with extensive experience in the cryptocurrency market, I’ve witnessed firsthand how Bitcoin (BTC) continues to defy expectations and deliver jaw-dropping price swings. The latest surge above $64,000 on May 7 is just another testament to this volatility. On May 7, Bitcoin’s price surpassed $64,000 once more as traders extracted funds from … Read more

Starknet Foundation launches $5 million grants program

As an analyst with a background in blockchain technology and experience in grant programs, I am thrilled about the Starknet Foundation’s new $5 million Seed Grants Program. This initiative comes at an opportune time for the Starknet ecosystem, which has seen a significant increase in developer activity and interest. The Starknet Foundation unveiled a fresh … Read more

Revolut debuts dedicated crypto exchange for UK users

As an experienced financial analyst, I view Revolut’s entry into the cryptocurrency trading market with a positive outlook. The company’s decision to introduce Revolut X, a specialized crypto trading platform for retail customers in the United Kingdom, is a strategic move that could potentially disrupt major cryptocurrency exchanges and attract a large customer base. Revolut, … Read more

Why Bitcoin miners are not selling right now, explained

Bitcoin’s miner revenue has fallen to its lowest in the last year. This is due to the recent decline in network activity. As a researcher with a background in cryptocurrency and blockchain analysis, I find the current state of Bitcoin’s miner revenue concerning. According to recent data from CryptoQuant, Bitcoin’s miner revenue has fallen to … Read more

Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows

As a seasoned crypto investor with a deep understanding of the market dynamics, I find this recent turnaround in Grayscale Bitcoin Trust (GBTC) inflows encouraging. After enduring seven weeks of significant outflows totaling over $17.5 billion, it’s reassuring to see GBTC recording two consecutive days of inflows, amounting to $66.9 million. This trend is a … Read more