U.Today – , the first and largest cryptocurrency has quadrupled in price since the beginning of 2023, reaching a new high of $73,798 in March, boosted by demand for U.S. exchange-traded funds. However, recent observations by crypto analyst Ali might suggest a concerning trend: a significant downturn in exchange-related on-chainContinue Reading
U.Today – U.Today presents you with the top three news stories over the past day. MicroStrategy’s enormous purchase announced by Michael Saylor: Details Yesterday, June 20, Michael Saylor took to X platform to announce a recent massive purchase of MicroStrategy. The company acquired 11,931 BTC worth $786 million, with theContinue Reading
U.Today – Michael Saylor, a vocal evangelist who cofounded business intelligence behemoth MicroStrategy and has stepped down from being its CEO to be its executive chairman, has published a new tweet that has the BTC community intrigued. Recently, Saylor’s company, MicroStrategy, conducted yet another massive Bitcoin acquisition, while the BTCContinue Reading
U.Today – It seems that ‘s selling pressure is through the roof again as the first cryptocurrency dropped below $65,000, with more than $140 million liquidated. However, the main source of selling pressure might not have been so obvious. Recent price action indicates that Bitcoin is having difficulty maintaining itsContinue Reading
U.Today – As reported by Bloomberg, banking giant Standard Chartered (OTC:) might be on the verge of launching a dedicated trading desk for and , according to sources close to the matter. This bold step positions Standard Chartered as one of the pioneering global banks to embrace spot cryptocurrency trading.Continue Reading
U.Today – According to a recent report, on June 20, spot exchange-traded funds (ETFs) saw a massive outflow of $140 million, marking the fifth consecutive day of BTC outflows from these entities. This data was shared by popular cryptocurrency journalist and blogger Colin Wu on his X account. Wu specifiedContinue Reading
U.Today – is finally entering reversal mode, with the price of the first cryptocurrency sliding in above the $65,000 zone. However, it is still moving below key support levels like the 50 EMA and is currently consolidating at the 100 EMA. The most decisive factor for a recovery would beContinue Reading
prices fell notably on Friday, driven by substantial outflows from BTC exchange-traded funds (ETFs) during the week and decreased enthusiasm for crypto assets amid the ongoing higher-for-longer interest rate narrative that continues to bolster the US dollar. Bitcoin was trading down 3.5% at $63,665.8 by 09:07 ET (13:07 GMT), theContinue Reading
U.Today – The spot ETF ecosystem has continued to lose capital in what is a sustained bearish trend for the asset class. It remains unclear why Wall Street has continued to capitulate on its once aggressive Bitcoin ETF embrace, but the current disposition has triggered a sustained drawdown in theContinue Reading
