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Verdantrust Crypto News
- Is a Trader Betting on Bitcoin’s Moonshot? Massive Options Bet on BlackRock’s BTC ETF04 Jun 2025 15:33
Last Tuesday, a trader made headlines by purchasing 3,000 call options on the BlackRock Spot Bitcoin ETF (IBIT), betting on a massive price increase by month-end. The volume of this wager is remarkable, as each option has a strike price of $77, while the ETF was trading at $60.40 at the time of the trade. […] - Bitcoin Price in Peril? Analysts Predict Drop to $90,000 Amid Bearish Signals02 Jun 2025 07:33
Despite an 11% surge in May, Bitcoin (BTC) is facing scrutiny from analysts who point to emerging weaknesses. Popular analyst Matthew Hyland highlights a bearish divergence in Bitcoin’s chart. This occurs when the BTC price rises, but the Relative Strength Index (RSI) – a key momentum indicator – declines. Such a divergence often signals a […] - Bitcoin Correction: A Buying Opportunity! Here’s Why01 Jun 2025 09:03
Bitcoin once again demonstrated its strength last week, marking a new all-time high of around $112,000. However, the dynamic upward movement was followed by a moderate correction, which currently brought the price back to approximately $105,000. Despite this setback, the overarching uptrend remains intact. Such consolidation phases are not uncommon in long-term bull markets and […] - Bitcoin price under pressure – but the charts signal a breakout to $118,00030 May 2025 11:24
The Bitcoin price fell to $104,150 last night. The price has since recovered somewhat. At the time of writing, the digital currency is trading at $106,000. Despite the sharp declines in recent days, Biraajmaan Tamuly remains bullish on Bitcoin. Based on the charts, he predicts a rise to $118,000. Bitcoin at $118,000 “Technically, Bitcoin is […] - Ethereum researcher: Bitcoin’s security budget a “ticking time bomb”30 May 2025 11:14
Justin Drake, a researcher at the Ethereum Foundation, claims that the Bitcoin network’s security model is broken because transaction fees have not reached a significant proportion of the network’s total revenue, including the block subsidy. Bitcoin security model compromised, proof-of-work unsustainable, says Ethereum researcher The Bitcoin network’s security budget is once again in the spotlight. […]