Posts

Showing posts with the label Arbitrum ARB

Strategy Makes First Bitcoin Buy Since June, Spending $370M

Image
  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock. Michael Saylor’s Strategy acquired 4,603 Bitcoin for $370 million, marking the first acquisition from the largest corporate Bitcoin holder in two months. Strategy acquired 4,603 Bitcoin (BTC) at an average purchase price of $80,318, pushing its holdings to 845,050 BTC, acquired for a total of $63.3 billion at an average price of $75,413, according to a Monday 8-k filing with the Securities and Exchange Commission. The Bitcoin purchase was funded by the net proceeds of a 602 million MSTR common stock sale. The company used $30 million of the net proceeds to increase its USD Cash reserve and $151.8 million to...

BTC Rallies 20%, but What’s Next for Bitcoin?

Image
  Visit this link and make consistent profit in Binance futures & SPOT trading – https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app The $71,000 level remains crucial for Bitcoin, while $78,500 stands between the current market and a possible move toward $82,000. Bitcoin had a huge week, finally. The crypto asset jumped by 25% and neared $80,000 as the rally gathered serious momentum. One analyst now believes that the bear market has ended and BTC has entered a “Soft Bull Market,” following its recent breakout above several important resistance levels. Bears Get Squeezed Doctor Profit identified $71,000 as extremely strong support and $78,500 as the next major resistance, while explaining that everything between those levels is “noise.” While the analyst is not ruling out a retest of the $71,000 region, he does not expect it to be necessary. According to his analysis, it is the lowest meaning...

Only 90 Bitcoin Wallets Now Hold 10K+ BTC

Image
  Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal Large Bitcoin wallets have reached a six-month high, even as smaller holders retreated. Another push above $65,000 failed to hold on Tuesday, sending Bitcoin back below $64,000. The crypto asset was down more than 1.6% over the past day. Against this backdrop, large BTC wallets are back at levels not seen in months. Meanwhile, smaller holders are steadily losing ground. Elite Wallets Are Moving Up Bitcoin’s elite wallet count has returned to a six-month high. There are now 90 wallets holding at least 10,000 BTC. According to the latest data shared by Santiment, the number has risen by 6 wallets over the past 8 weeks, a 7% increase. At the same time, holdings among micro wallets have been falling in August. The analytics firm attributed this decline to retail FUD following the Coldcard hacks and delays surroun...

BTC Hits $64K as Undervaluation Signal Emerges

Image
  Get Daily Altcoin Signals & Automated Trade Setups With Professional Trading Strategies – https://t.me/futuressignalsrobot BTC has rebounded by nearly two grand from yesterday's low as the markets are pricing in a new deal between the US and Iran. Alongside the US stock market, bitcoin’s price is on the move on Tuesday, jumping to $64,000 for the third time in the past day or so. The question now is whether it will have more success this time. The S&P 500 just hit a new all-time high as US President Donald Trump continues to claim that his country will reach a deal with Iran, after giving the latter until tomorrow to fold. Markets are currently riding high on the hopes of a more sustainable deal and a major de-escalation. Crypto analysts speculate that the rising US stock indices could propel a more profound BTC rally. For now, though, the $64,000 resistance has proven too strong for the asset. CryptoQuant’s Crypto Dan noted earlier today that the cry...

BTC Bull Cycle Linked to US Elections

Image
  Get Daily Altcoin Signals & Automated Trade Setups With Professional Trading Strategies – https://t.me/futuressignalsrobot Bitcoin has historically struggled before US midterms, with past recoveries beginning once election uncertainty faded. Bitcoin’s market cycles could be more closely linked to the US political calendar than many investors think, according to a new analysis shared by Alphractal founder Joao Wedson. In a July 30 post on X, he showed that the flagship cryptocurrency has repeatedly entered bear markets before US midterm elections, only to recover after voters head to the polls. Recurring Election Cycle Patterns Wedson compared Bitcoin’s price history against US election cycles and found what he described as a recurring sequence. According to his chart, BTC enters a bear market about one year before every US midterm election before starting a longer bull market right after the vote. In some cycles, the market bottom formed just days before ...

Dogecoin Drops Below Key Support: Can Bulls Recover?

Image
  Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Download our free app and receive signals on your mobile – https://play.google.com/store/apps/details?id=com.freecryptosignals.app "The next big move could shock everyone," one analyst predicted. The biggest meme coin by market capitalization is down 12% over the past month, while its most recent plunge below a critical level suggests sellers may now be in full control. On the other hand, Ali Martinez pointed to the formation of a rare setup that could be a precursor to a major bull run. Will Bears Keep the Wheel? DOGE has tumbled by roughly 5% on a 24-hour scale and is currently worth around $0.069 (according to CoinGecko). The X account BSCN noted that in its weekly anomaly report, Santiment flagged the meme coin as “hype without news,” warning that a pr...

Bitcoin Bulls Charge as $66.3K Sparks Fresh Momentum

Image
  Explore the provided link to secure a consistent profit in Binance futures trading. Receive complimentary Bitcoin trading signals and leverage the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub . Bitcoin beat out local resistance to pass $66,000 amid predictions of as much as 6% BTC price upside if momentum continued. Bitcoin (BTC) passed one-month highs on Tuesday as price action defied the odds to top $66,000. Bitcoin broke through resistance to hit $66,000 for the first time in more than a month. Traders see as much as 6% BTC price gains if further nearby upside targets are reached. Month-end derivatives positioning underscores crypto risk confidence slowly returning. BTC price 6% upside could come “very quickly” “The area between 65 and 67k is resistance from the Q1 range, but given how we sliced through it on the way down - it might not put much of a fight up here either. Eyes on those 70k range highs if so.” ...

Bitcoin Reclaims $60K as SOL, BCH Rally

Image
Explore the provided link to achieve a steady profit in Binance futures trading: https://telegram.me/btctradingclub Bitcoin managed to bounce from yesterday's lows, while the majority of large-cap altcoins also turned green despite continued ETF outflow concerns. Bitcoin’s price was able to return above $60,000 today following a volatile 24 hours that saw the asset drop towards $58,300 before staging a recovery. At the time of this writing, BTC trades at around $60,500, up nearly 3% on the day, with its market capitalization back near $1.2 trillion. BTC Price Back Above $60K Bitcoin had slipped to an intraday low at roughly $58,300 before the bulls were able to step in and push the asset above $61,000 at one point. The recovery was not enough, however, to erase the broader downtrend. That said, it did help BTC regain a key psychological level after several days of selling pressure. The total cryptocurrency market capitalization stands at a bout $2.16 trilli...