U.Today – , the largest cryptocurrency by market cap, returned to trade above $58,000 amid a whipsaw trading price action this week triggered by several factors. At one point in the week, Bitcoin traded above $59,000 only to return to near $56,000, even dipping as low as $54,339 in Monday’sContinue Reading
U.Today – has failed to regain a foothold above $60,000. Unfortunately, it is a negative sign for the asset’s future and might substantially affect the tempo BTC has been gaining on the market. The daily chart shows that substantial resistance amid Bitcoin’s recent attempts to break above the crucial $60,000Continue Reading
U.Today – The cryptocurrency market’s recovery was unsurprisingly followed by a wide range of inflows, starting from retail and ending with institutional investors. Various companies started pouring funds back into the market, hoping to catch a strong retrace. And they might be right. Nine ETFs added 1,661 BTC, or $95.82Continue Reading
U.Today – Peter Brandt, recognised by many as a trading legend, has issued a crucial advisory regarding leveraged and inverse exchange-traded funds, or ETFs for short. Long story short, the trader expressed a strong aversion to these financial instruments, likening them to gambling. Why? He emphasizes that these ETFs representContinue Reading
U.Today – According to crypto analyst Lark Davis, at the handle “TheCryptoLark” on X, is up 356% since this cycle’s low. In a tweet, Cryptolark noted that Bitcoin’s current price performance is remarkably similar to what was seen in the last two market cycles. BTC has surged 356% since thisContinue Reading
U.Today – Many might have succumbed to extreme fear regarding the potential of (BTC), but for Samson Mow, sentiment remains outright bullish. The price action of Bitcoin in recent times has tested the resolve of many hardcore proponents. However, with Samson Mow, the bearish trend remains a setup for aContinue Reading
U.Today – A well-known figure in the crypto industry, Justin Sun, founder of TRON (TRX) and chief adviser to Huobi, opened up in an unusual post on social networks. In particular, he responded to rumors regarding his investments. Sun expressed confidence in Bitcoin’s future but clarified that he did notContinue Reading
U.Today – The crypto market is gearing up for a potential turnaround in July, which will be fueled by several crucial factors. Here are five major indicators to watch: Federal Reserve’s potential rate cuts The Federal Reserve may cut interest rates as early as September, according to recent rumors, andContinue Reading
U.Today – Check out U.Today’s top three news stories over the past day. Binance CEO faces SHIB army’s pleading to start burning SHIB, here’s why The recent X post by Binance CEO Richard Teng devoted to ETFs and overall high interest in BTC has suddenly attracted the attention of theContinue Reading
U.Today – has a history of making extremely volatile moves after entering a period of consolidation. History shows that BTC had a quarterly close pivot after every single consolidation phase. Based on the chart that displays the quarterly price movement of Bitcoin since 2010, it is evident that significant priceContinue Reading
