Global #Bitcoin

The dream of an explosive altcoin season in 2024 seems to be facing some headwinds. While Bitcoin flirts with all-time highs and meme coins make a comeback, analyst Miles Deutscher paints a cautious picture for the altcoin market.

MicroStrategy, a leading business intelligence firm, has seen its substantial investment in Bitcoin soar to an impressive valuation of nearly $15 billion. The company's bold bet on the cryptocurrency has proven to be a lucrative venture, as the price of Bitcoin continues to rise.

Recent on-chain data from IntoTheBlock reveals that a surprising 80% of Pepe (PEPE) holders are currently in profit. This figure places the memecoin ahead of Dogecoin (DOGE) in terms of holder profitability, showcasing the growing interest and potential of this new meme-based cryptocurrency.

A significant event is set to unfold in the cryptocurrency market today, as Bitcoin (BTC) and Ethereum (ETH) options contracts worth a staggering $1.96 billion are slated to expire. This expiration occurs during a period of heightened uncertainty and volatility in the crypto market, adding another layer of complexity to the situation.

The cryptocurrency market is a complex beast, often driven by sentiment as much as fundamental analysis. One key metric traders and analysts watch closely is the net taker volume, a figure that provides insight into the balance between aggressive buying (takers) and passive selling (makers) on exchanges.

Swan Bitcoin is a platform tailored for individuals seeking to acquire Bitcoin (BTC) gradually over time. It's not a traditional cryptocurrency exchange but rather a focused service designed to simplify the process of accumulating Bitcoin through dollar-cost averaging (DCA) and instant purchases.

Interlay acts as a bridge between Bitcoin and the exciting world of Decentralized Finance (DeFi). It allows users to unlock the potential of their Bitcoin (BTC) in DeFi applications built on blockchains like Polkadot and Ethereum.

For Bitcoin enthusiasts, the limitations of the traditional blockchain can be frustrating. Interlay emerges as a solution, offering a bridge between Bitcoin and the exciting world of Decentralized Finance (DeFi).

Bitcoin, the world's first and most popular cryptocurrency, has long been recognized for its security and decentralization. However, it has traditionally lacked the functionality of smart contracts, which are self-executing agreements that underpin decentralized applications (dApps). This is where Stacks (STX) comes in.

Nicholas Merten, a prominent figure in the cryptocurrency space renowned for his insightful analyses, has sent shockwaves through the community with his latest prediction of an impending "major flush down" for Bitcoin. Merten, the founder of DataDash and a respected crypto analyst, has amassed a significant following for his comprehensive market assessments and data-driven insights. Now, his stark warning about Bitcoin's future trajectory has captured the attention of investors and enthusiasts alike.

In a week marked by significant market volatility and a notable correction in the cryptocurrency space, Bitcoin whales have made a striking move, acquiring a staggering $1.4 billion worth of Bitcoin within a mere 24-hour period.

The financial world is watching closely as the latest US inflation data was released today. The Consumer Price Index (CPI), a key measure of inflation, came in at 0.3% for the month, meeting expectations. The annual inflation rate was reported at 3.4%, slightly below the anticipated 3.6%.