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Bitcoin’s Fisher Transform has produced only its fourth bullish crossover in history, according to Cointelegraph. The rare technical signal is adding to hopes for a renewed bull market, without providing a price target or timing forecast.
Bitcoin’s Fisher Transform indicator has produced only its fourth bullish crossover in history, according to Cointelegraph, adding to market hopes for a potential bull phase without providing a price forecast.
Corporate treasuries bought 5,900 bitcoin over three months, while CoinDesk reported that broader demand signals also remained weak. The figures indicate subdued buying interest from corporate treasury channels and the wider market.
Corporate treasuries bought 5,900 bitcoin over three months, while CoinDesk said broader demand indicators also remained weak. The figures point to limited corporate accumulation and subdued demand signals during the period covered.
UTXO’s Dan Hillery says the digital-credit market, now valued at $16 billion, could eventually rival Bitcoin’s cited $1.5 trillion market capitalization. Bitcoin Magazine reported on the sector’s growth over the past two years.
UTXO’s Dan Hillery says digital credit has grown to a $16 billion market from a minimal base two years ago and could eventually approach Bitcoin’s stated $1.5 trillion market capitalization.
Grayscale said Bitcoin’s price is unlikely to be significantly hurt by the Federal Reserve’s latest rate hike. The central bank could raise rates again this year, according to Bitcoin Magazine.
Grayscale said bitcoin is unlikely to be significantly affected by the Federal Reserve’s latest interest-rate increase. The asset manager also noted that another hike could occur this year, according to Bitcoin Magazine.
Bloomberg ETF analyst Eric Balchunas said bitcoin ETFs could eventually reach three times the scale of gold counterparts, with younger investors potentially helping drive bitcoin’s development as the asset matures.
Bloomberg ETF analyst Eric Balchunas said bitcoin ETFs could eventually reach about three times the size of gold ETFs as the market matures, with younger investors potentially driving greater demand for bitcoin exposure.
