Author: Cointelegraph by Nancy Lubale

Bitcoin Investing Made Simple!

Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData

After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May. Source link

Bitcoin investment inflows hit $1B as long-term holders accumulate

Inflows to crypto Bitcoin funds top $1 billion as BTC price remains stuck in a range below all-time highs. Source link

Traders say Bitcoin price correction a ‘fake out’ before the next leg up

Bitcoin price reversed course with a surprise 5% correction over the past few days, but analysts say it is a healthy pullback. Source link

Bitcoin price preps for ‘bigger move’ as on-chain metrics ‘reset’

Bitcoin technical and on-chain data point to a much “bigger move” for BTC now that key price metrics have “reset.” Source link

Bitcoin price hits $70K as spot and BTC ETF buying surges

Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end. Source link

Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’

Bitwise CIO Matt Hougan says this week’s 13F filings prove that the spot Bitcoin ETFs were a “huge success.” Source link

Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst

Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target. Source link

Crypto investment funds intake $130M, while filings reveal new spot BTC ETF purchasers

Inflows to crypto investment funds top $130 million, and 13F filings reveal new institutional investors’ spot BTC ETF positions. Source link

Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+

Historical Bitcoin performance data and investors’ expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound. Source link

Bitcoin price flash crash raises chance of BTC dip to $54K

Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations. Source link