NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for a sustained price recovery. Bitcoin STH Supply In Profit Is Currently Under 50% In a new post on X, Glassnode has talked about the latest trend in the Supply in Profit metric for the Bitcoin short-term holders (STHs). The Supply in Profit measures, as its name...
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The institutional access to Ethereum continues to expand as traditional finance deepens its involvement in digital asset markets. A new development drawing attention is the launch of BlackRock’s ETHB, which introduces another potential channel for capital to flow into the ETH ecosystem. This product provides investors with regulated exposure to ETH through familiar market infrastructure....
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A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets. Bitcoin Will Have Its Turn Very Soon One market participant known as ₿ariksis suggested that the Bitcoin price could surge...
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As Bitcoin (BTC) seeks to solidify its position around $71,000, the cryptocurrency faces a challenge from the $74,000 resistance level that has so far prevented a decisive breakout. However, recent insights from Bloomberg indicate that a collection of indicators, historically associated with the conclusion of downward trends, suggest the current sell-off may be reaching its final phase. Bitcoin...
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Bitcoin and crypto exchanges built much of the cryptocurrency industry’s reputation by challenging traditional finance. However, as major Wall Street institutions deepen their involvement in crypto services, the structure of the market could begin to change in ways that place pressure on both exchanges and the broader ecosystem surrounding Bitcoin. Why Bitcoin And Crypto Exchanges Could Face...
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XRP may be approaching another pivotal moment as its long-term cycle pattern continues to repeat. Historically, strong expansion phases have been followed by extended corrections before the market eventually builds momentum for the next major move. With price now nearing key structural support and technical confluence zones, analysts suggest the current consolidation could represent the...
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Crypto analyst Osemka has suggested that DOGE is at a make-or-break level, where it could see a parabolic move to the upside or suffer a huge decline. The analyst alluded to the Dogecoin EMA, which could determine the next move for the foremost meme coin. Dogecoin EMA Set To Determine Next Move For The Meme Coin In an X post, Osemka said that something will soon have to give, alluding to the...
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Wall Street’s biggest gold fund saw something unusual recently — a single-day outflow of $3 billion from SPDR Gold Shares, a number that dwarfed any comparable daily exit over the prior two years by more than 200%. The $3 billion single-day outflow from SPDR Gold Shares — a US gold-backed ETF trading under the ticker GLD — was flagged by the Kobeissi Letter as exceeding any comparable...
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The US Treasury (OFAC) has sanctioned six individuals and two entities tied to the Democratic People’s Republic of Korea (DPRK) IT‑worker schemes that allegedly generated nearly $800 million in 2024. US Vs. DPRK Over Crypto Fraud Crypto is once again at the center of Washington’s latest sanctions push. On an official press release on March 12, the US Treasury announced that they have blacklisted...
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A crypto pundit has outlined what the XRP circulating supply could look like if the cryptocurrency is adopted as a global settlement asset. According to him, the effective float available for real-time payments could be significantly smaller than XRP’s total supply, a factor he argues may play a central role in determining the cryptocurrency’s price at full operational capacity. XRP Supply To...