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News: Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said. By Krisztian Sandor Bitcoin Open Interest Has Been Rapidly Moving Up Recently As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Open Interest is very high. The “Open Interest” indicator measures the total amount of Bitcoin futures contracts currently open on all derivative exchanges. Bitcoin's renewed euphoria as price keeps rising Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals. The world's biggest cryptocurrency reached $52,749, a high since December 2021. #Write2Earn #BTC‬ #CryptocurrencyPotential #TrendingTopic $BTC

News:

Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock

Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said.

By Krisztian Sandor

Bitcoin Open Interest Has Been Rapidly Moving Up Recently

As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Open Interest is very high. The “Open Interest” indicator measures the total amount of Bitcoin futures contracts currently open on all derivative exchanges.

Bitcoin's renewed euphoria as price keeps rising

Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals. The world's biggest cryptocurrency reached $52,749, a high since December 2021.

#Write2Earn #BTC‬ #CryptocurrencyPotential #TrendingTopic

$BTC

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News: Bitcoin Bloodbath: Price Volatility Leads to $640 Million in Crypto Liquidations After rallying over 11% in hours and then crashing, Bitcoin experienced a "blow-off top"—leading to a huge cascade of crypto liquidations. After a stunning morning for the crypto market that saw Bitcoin rocket 11% in a matter of hours before quickly plunging, many traders are no longer smiling, with Wednesday's rollercoaster leading to a colossal $640 million worth of crypto positions liquidations within mere hours. In the last 12 hours alone, about $309 million worth of crypto short positions—as well as about $333 million worth of long positions—have been liquidated, according to data compiled by CoinGlass. The majority of those liquidations, about $424 million worth, have come within the last four hours alone. Overall, in the last 24 hours, about $700 million worth of crypto positions have been liquidated. Some $262 million of those came from Bitcoin alone, with Ethereum next up at $109 million. #BTC #Write2Earn‬ $BTC
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Record $2.2 Billion Inflows into Bitcoin ETFs Highlight Growing Investor Confidence Bitcoin ETFs witnessed net inflows surpassing $2.2 billion between February 12 and February 16. This surge positioned Bitcoin ETFs as the top recipients of investment compared to all other U.S.-based ETFs for the week. Leading the charge was BlackRock’s IBIT, capturing $1.6 billion in inflows, accounting for half of the company’s total net ETF flows. Following suit, Fidelity’s FBTC attracted $648.5 million, with ARKB and BITB drawing $405 million and $232.1 million, respectively. Bitcoin Mining Difficulty Hits Record 80 Trillion Ahead of Halving, Impact on Market Expected In an unprecedented move, the mining difficulty of Bitcoin soared past the 80 trillion mark on February 15, setting the stage for an anticipated 6% increase. This surge led the difficulty level to reach 81.73 trillion by January 2023, alongside a historic hash rate of 562.81 EH/s. Experts predict the difficulty could soon hit the 100 trillion threshold, demanding more computational power from miners. BTC price dices with $52K as CME Bitcoin futures OI hits record $6.8B Bitcoin open interest suggests the potential for fresh volatility as BTC price support levels become clear for the weekly candle close. Bitcoin returned to the center of an intraday trading range into the Feb. 18 weekly close as bulls profited from weekend trading. Solana (SOL) and Filecoin (FIL) have announced a collaborative effort to enhance the infrastructure for decentralized data storage. The agreement brings together two influential entities within the digital ledger technology sphere. Solana will incorporate Filecoin’s decentralized storage solutions, aiming to improve data redundancy, expand scalability, and bolster the network’s security protocols.
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Crypto News: Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said. By Krisztian Sandor Craig Wright Trial Includes Ninja Anecdote Cited as Proof He's Bitcoin Creator Satoshi On Friday, Craig Wright's sister Danielle DeMorgan recounted how she once saw him dressed as a ninja and another time he was working in a room full of computers, evidence, she says, he created Bitcoin. By Camomile Shumba Bitcoin's Latest Rally Is Different as BTC Rises Alongside U.S. Dollar and Treasury Yields Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields. By Omkar Godbole #Write2Earn #BTC‬ #Newsfortoday #TodayCrypto #today $BTC
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Crypto news: Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Marketplace Lyra Bitcoin has rallied 35% in three weeks, with mining reward halving due in April. By Omkar Godbole Feb 16, 2024 at 8:25 a.m Coinbase Shares Surge After It Crushes Wall Street Expectations The crypto exchange's transaction revenue doubled from previous quarter as crypto markets soared. By Aoyon AshrafHelene Braun Feb 15, 2024 at 10:19 p.m. Bitcoin's Rise to $52K Is Driven by Strong U.S. Demand, the Coinbase Price Premium Suggests Massive inflows into spot bitcoin ETFs made headlines recently, but other metrics showcase U.S. investors' appetite for the asset. By Krisztian Sandor Feb 15, 2024 at 8:39 p.m. #Write2Earn #BTC‬ #NewsUpdated #Newsfortoday $BTC
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#MyFirstFeedPost Hello, Binance Square! Few news: How Bitcoin Benefits From Global Stresses An asset that gains from disorder is surely worth having in one’s portfolio, says Jennifer Murphy, CEO of Runa Digital Assets. By Jennifer Murphy Feb 14, 2024 How the ‘Halving’ Could Impact Bitcoin Bitcoin halvings have generally been good for the network. But price increases have decreased over time, says Todd Groth, head of research at CoinDesk Indices. By Todd Groth, CFA Feb 14, 2024 Forget ETFs, Let’s Work on Tokenizing the Whole Value Chain “Tokenization” — the biggest buzzword in crypto markets currently — means not just bringing new digital assets on-chains, but, in the future, originating and settling them on-... By Allan Gulley Feb 7, 2024 #Write2Earn #BTC #TrendingTopic
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