The parabolic run of Bitcoin in recent years has ignited debates about demand, supply, and where the broader crypto market is headed next. While many investors are focused on higher price milestones beyond $110K, Bitwise CEO Hunter Horsley believes a major real shift is on the horizon. According to Horsley, once Bitcoin (BTC) crosses the…
Bitcoin is entering a period of volatility, as macro effects align for a short-term rally to $111,000, according to Bitfinex Head of Derivatives Jag Kooner. Macro factors, including a potential U.S.– China trade deal and cooler-than-expected inflation figures, are aligning to support another Bitcoin (BTC) ally. On Wednesday, June 11, Jag Kooner, Head of Derivatives…
Billionaire investor Paul Tudor Jones believes the best defense against inflation is a portfolio composed of Bitcoin, gold, and equities. In an interview with Bloomberg, the founder of Tudor Investment Corp. described this mix, adjusted for volatility, as the ideal hedge in what he sees as a persistently inflationary era. Jones said policymakers will likely…
The Blockchain Group has secured overwhelming shareholder approval to raise over €10 billion through the issuance of new shares and securities in order to buy more Bitcoin. The Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has received an overwhelming shareholder approval to issue shares and securities worth over €10 billion….
American Bitcoin, a mining firm backed by Eric Trump and Donald Trump Jr., has accumulated 215 Bitcoin, worth nearly $24 million, since launching operations on April 1, according to a June 6 SEC filing. The company, known formally as ABTC, intends to go public later this year through a stock-for-stock merger with Gryphon Digital Mining….
A newly confirmed bearish shark harmonic pattern has formed on Bitcoin’s intraday chart, pointing to a potential retracement in the short term. With the value area high now under pressure and volume metrics signaling a lack of strong buyer commitment, Bitcoin may be setting up for a healthy pullback into deeper volume-supported zones. Bitcoin’s (BTC)…
The crypto market continued its recovery as Bitcoin approached an 8-year resistance level, potentially triggering a strong surge and fear of missing out among investors. Bitcoin (BTC) rose above the important resistance level at $110,000 for the first time in days. Other top-performing altcoins were Axelar (AXL), AAVE (AAVE), Uniswap (UNI), and Pepe (PEPE). Axelar’s…
Bitcoin price could be on the cusp of a strong bullish breakout, potentially reaching $143,000 after forming a cup-and-handle pattern, as market participants anticipate a supply squeeze. Bitcoin (BTC) was trading at $109,860 on Tuesday, up nearly 10% from its lowest point this month and 50% above its April low. Santiment data indicates that Bitcoin…
Cardano has launched Cardinal, its first decentralized finance protocol designed specifically for Bitcoin users. The announcement was made by Cardano (ADA) founder Charles Hoskinson on June 9 via X. Developed by Input Output, the research and development team behind Cardano, Cardinal allows Bitcoin (BTC) holders to access DeFi services such as lending, staking, and borrowing…
The recent public listing of stablecoin USDC issuer Circle has been all the buzz lately, particularly following its strong debut. But could the success have negative implications for Bitcoin? A recent report from crypto market analyst 10x Research suggests Circle’s initial public offering (IPO) may not be as bullish for the broader crypto market as…
