Bitcoin News
By Evie Vavasseur
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Bitcoin Surges Amid Traditional Market Turbulence. The recent rally was fueled by a sudden shift in the traditional financial markets.
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Michael Saylor Doubles Down on Bitcoin. Michael Saylor has long been one of Bitcoin’s loudest and most consistent advocates.
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On-Chain Metrics Signal Unprecedented Profitability. Supporting Saylor’s statement is the latest data from IntoTheBlock, a blockchain analytics firm.
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Derivatives Market Reacts to the Surge. As spot prices surged, the derivatives market saw explosive activity.
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What Lies Ahead for Bitcoin?. Looking forward, analysts are pointing to key resistance levels.
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Bitcoin has once again stunned the financial world, breaking past the $112,000 mark and marking a historic milestone in its 16-year journey.
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One of the most vocal supporters, Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), seized the moment to reassert his faith in the digital asset.
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After briefly dipping to around $106,000 earlier in the week, Bitcoin quickly recovered and began climbing.
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Michael Saylor has long been one of Bitcoin’s loudest and most consistent advocates. Under his leadership, Strategy has acquired billions of dollars in Bitcoin, holding it as a…
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According to him, no one who has bought Bitcoin has ever truly lost money—especially if they held it over time.
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Such broad-based profitability is extremely rare in financial markets. It points to the strong resilience of Bitcoin as an asset class and the effectiveness of the buy-and-hold…
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As spot prices surged, the derivatives market saw explosive activity. Trading volumes jumped by 84%, reaching an estimated $221 billion.
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Positive funding rates across major exchanges revealed that long positions were dominant, with bullish traders willing to pay a premium to maintain their positions.
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Options trading also surged by 85%, reflecting increased speculation on Bitcoin’s next move.
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Looking forward, analysts are pointing to key resistance levels. Joe DiPasquale, CEO of BitBull Capital, suggests $120,000 as the next target, based on Fibonacci extensions.
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