Looking at a longer timeframe, bitcoin is trading around the midpoint of a multi-month sideways channel between $56,000 and $73,000. Spot prices might be range-bound in the near term, but traders are increasingly positioning for a breakout to new all-time highs towards the U.S. elections in November, digital asset hedge fund QCP said in a market update. QCP analysts noted strong demand for December $100,000 bitcoin call options from institutions.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin price action has shifted into a...
The dynamic landscape of the Bitcoin market is entering a full momentum reset, the kind that typically appears in the...
The Brazilian government would be considering taxing stablecoin flows, applying the known Tax on Financial Operations (IOF) on remittances and...
Bitmain Technologies Ltd., the Chinese manufacturer behind most of the world’s Bitcoin mining machines, has been the focus of a...
The Ethereum price is down a further -9% in the past 24 hours, dropping to around $2,700, a level not...
