What’s Next for Bitcoin After Hitting New All-Time High

A new all-time high for bitcoin on U.S. Election Day has sent the market into peak euphoria with speculators looking to ride the bullish momentum. New All-Time High for Bitcoin Another bullish cycle for the crypto ecosystem could be on the horizon with bitcoin’s (BTC) new all-time high (ATH). This new ATH spurred by Donald … Read more

Bitcoin Premium in South Korea Rises: A Bullish Signal or Just Regional Dynamics?

Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces Back After October’s Brief Dip As of 4:45 p.m. EST, bitcoin is priced at $69,058, following a push … Read more

Bitcoin Technical Analysis—BTC Struggles Near $68K as Mixed Signals Emerge

Bitcoin’s price currently holds steady coasting between $67,945 to $68,149 in the last hour as sellers maintain their grip, with technical indicators and moving averages showing mixed signals for traders. Bitcoin On the daily chart, bitcoin (BTC) has experienced a pullback after reaching a peak around $73,600, now settling close to $68,149. Recent daily candles … Read more

October Sees Lower NFT Sales Volume With Few Collections Standing Out

After a downtrodden September, non-fungible token (NFT) sales dropped further in October, totaling $361 million—a 36% decrease. NFT Sales Fall 36% in October, Totaling $361 Million NFT sales in October didn’t quite bounce back, showing a 36% decline after September’s 47.9% dip. The month saw around $361.5 million in sales, with Ethereum NFTs holding the … Read more

Bitcoin’s Path to Record Highs: Cryptoquant Report Reveals ETF Activity and OTC Supply Dynamics

Bitcoin is approaching an all-time high, with demand from exchange-traded funds (ETFs) driving its current rally, according to a recent analysis from Cryptoquant. Bitcoin Nears All-Time High as ETF Demand Intensifies, Cryptoquant Reports Bitcoin’s price is trading near its previous peak, hovering around $71,800 to $72,000 as of late October, largely driven by a sharp … Read more

Gold Hits All-Time High, Bitcoin Nears Peak—Is This a Red Flag for Traditional Markets?

With bitcoin prices on the rise Tuesday, gold has achieved a historic peak, reaching $2,783 per ounce. Gold’s Historic High Turns Heads This week, both crypto and precious metals markets are showing strong gains. Bitcoin (BTC) inches closer to its record high of $73.7K, last seen on Mar. 14, 2024, while gold has already surpassed … Read more