A bitcoin short squeeze for the ages as futures open interest collapses
Falling open interest and subdued funding rates suggest the rally remains structurally healthy. Source:CoinDesk
Bitcoin extends 7-day advance to roughly 25%
Bitcoin crossed $80,000 for the first time since May, extending its sevenday advance to roughly 25%. Source:CoinDesk
Bitcoin RSI bullish divergence draws 2022 comparisons as analysis weighs new price trend
Bitcoin price analysis eyes the potential end of its current macro downtrend based on weekly RSI signals. Source:Cointelegraph
Thailand moves closer to Bitcoin, Ether ETFs with draft rules
Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians. Source:Cointelegraph
Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved
Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.…
Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a…
Bitcoin ETFs add $338M as six-day inflow streak hits $2.26B
Bitcoin ETFs have drawn $2.26 billion over six trading days, while yeartodate net outflows have narrowed to about $2.57 billion. Source:Cointelegraph
Bitcoin traders place $2.9 million bet on a rapid price jump above $82,000
Traders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm,…
Bitcoin tops $80,000, solana jumps 8% but rally now runs into overbought warning
BTC is up more than 25% on the week after Treasury’s bondbuyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to…
Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand. Source:CoinDesk
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to…
Bitcoin nears $80,000, but analysts say the next pullback will be key
Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves. Source:CoinDesk