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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Back to extreme greed past $65K? 5 things to know in Bitcoin this week
Back to extreme greed past $65K? 5 things to know in Bitcoin this week

Bitcoin manages an impressive comeback from two-month lows, but how high can BTC price action go before speculators take over?

Cointelegraph·2024/05/06 08:19
Bernstein analysts double down on $150,000 bitcoin price prediction
Bernstein analysts double down on $150,000 bitcoin price prediction

Analysts at Bernstein cited a variety of factors when doubling down on their prediction that the price of bitcoin may hit $150,000 this cycle.

The Block·2024/05/06 08:16
Bitcoins worth $44 million moved for the first time in a decade
Bitcoins worth $44 million moved for the first time in a decade

A substantial stack of bitcoins that had been dormant for a decade were moved this morning.

The Block·2024/05/06 07:52
Dogecoin (DOGE) Bull Run, Bitcoin (BTC) Price Recovery, and More: Bits Recap May 6
Dogecoin (DOGE) Bull Run, Bitcoin (BTC) Price Recovery, and More: Bits Recap May 6

BTC is back above $64K, DOGE soared by 12% weekly, while XRP awaits news on the Ripple v SEC front.

Cryptopotato·2024/05/06 07:16
Flash
  • 05:17
    In the past 7 days, Ethereum network has a net inflow of $264 million, ranking first
    Golden Finance reports, according to Artemis data, the Ethereum network had a net inflow of $264 million in the past 7 days, ranking first. The Base network had a net inflow of $127.4 million, ranking second. Solana ($25.2 million) ranked third.
  • 04:47
    Greeks.live: The bullish strength in the Bitcoin market has significantly increased, with a short-term target price pointing to $105,000
    Analyst Adam from Greeks.live posted on the X platform, stating that 22,000 BTC options have expired with a Put Call Ratio of 0.95 and a maximum pain point of $96,000, representing a nominal value of $2.19 billion. In addition, 182,000 ETH options have expired with a Put Call Ratio of 0.36 and a maximum pain point of $3,250 USD; this represents a nominal value of $610 million. The price of Bitcoin has returned above $100k USD which sweeps away the sluggish market sentiment over the weekend but altcoins are generally underperforming. As for the options market, short-term implied volatility (IV) has risen and bullish forces in the market have significantly strengthened; short-term target prices are pointing towards $105k USD. Next week Trump will officially take office as President of United States and markets are closely watching his policies related to cryptocurrencies. On macroeconomic conditions: US stocks have recently warmed up while it is expected that Federal Reserve will maintain interest rates unchanged at its meeting at end-of-month. Analysts suggest paying attention to policy changes by new government and ETF fund flows - moderate allocation to short-term options for tactical trading could be considered.
  • 04:43
    The total open positions of XRP futures contracts across the entire network have broken through 8 billion US dollars, continuing to reach new highs
    Coinglass data shows that the total open interest in XRP futures contracts has broken through $8 billion, setting a new record. The current open interest for XRP futures contracts is 24.2 billion XRP, valued at $80.5 billion, with a 24-hour increase of 9.71%. Among them, the cryptocurrency exchange Bitget's open interest in XRP contracts is 591 million XRP, worth approximately $1.963 billion, ranking first.
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