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Cryptocurrency exchange-traded products (ETPs) continued seeing massive selling last week, recording the fifth week of outflows in a row, with $1.7 billion leaving the market.  After seeing slightly softened outflows of $876 million in the previous week, crypto ETP liquidations accelerated during the past trading week, bringing the total five-week outflows to $6.4 billion, CoinShares …

Crypto ETPs see $1.7B in outflows, longest streak since 2015 Leer más »

Bitcoin’s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts. Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of …

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts Leer más »

Key takeaways The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability. The formation signals heightened volatility, with price swings becoming more pronounced over time. Depending on the trend direction, the pattern can …

Bitcoin’s megaphone pattern, explained: How to trade it Leer más »

Bitcoin speculators suffered losses of over $100 million in just six weeks thanks to panic selling, new research calculated. Data from onchain analytics platform CryptoQuant revealed the extent of recent capitulation by short-term holders (STHs). Bitcoin speculators run to the exit “in the red” Bitcoin (BTC) entities hodling coins between one and three months bore …

Bitcoin panic selling costs new investors $100M in 6 weeks — Research Leer más »

Stablecoin adoption in Latin America is increasing as more users turn to Circle’s USDC and Tether’s USDT for financial stability, according to a new report from cryptocurrency exchange Bitso. The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, …

USDC, USDt stablecoins are ‘store of value’ in Latin America — Bitso Leer más »