Bitcoin has continued its upward trend this week, reaching a new monthly peak of $48,600. After a period of stability following last week’s volatility, the bulls took over the market and pushed the price above $47,000 by the end of the week. The weekend saw even more positive movement, with Bitcoin surging to $48,600 for
Crypto
The influx of Chinese Bitcoin miners in Ethiopia has raised eyebrows in the global cryptocurrency community. Drawn by the allure of cheap energy and favorable climates, these miners have found a new home in the African nation, particularly near the Grand Ethiopian Renaissance Dam (GERD). Following their displacement from China, due to strict regulations, these
Cardano is currently experiencing a surge in buy orders, tipping the bid-ask volume imbalance in favor of the bulls. This imbalance is currently sending the bid volume outpacing the ask volume by 678%, signaling a strong bullish sentiment among Cardano investors. With so many buyers and so few sellers, the price of ADA is likely
Bitcoin has shown significant positive momentum in the past 24 hours, reaching above $48,000 and setting a new monthly peak. This surge in price comes after a week of relatively stable trading, with the asset hovering around $43,000. However, things started to change mid-week when Bitcoin broke out of its tight trading range and surged
The cryptocurrency market, particularly Bitcoin (BTC), has seen a recent surge in price, with BTC gaining by 4.04% in the last day to trade above the $48,000 mark. As investors and market experts speculate on the token’s next move, popular analyst Ali Martinez has made a major prediction that could have significant implications for many
The options market for Ethereum (ETH) is displaying an interesting pattern, particularly in the concentration of call options around the $4,000 strike price for both the June and September expiries. Traders seem to be heavily focused on the possibility of ETH reaching or surpassing $4,000 by these upcoming dates. This accumulation of call options at