Bitcoin saw a classic weekend pump-and-dump, with price now sitting at a critical support level. Despite the drop, the market structure remains bullish and poised for another breakout. Bitcoin (BTC) opened the week with a sharp retracement after an unsustainable Sunday rally pushed prices higher. The impulsive sell-off into Monday brought the asset back to…
Bitcoin and other crypto prices dropped on Monday as risk-off sentiment spread across the financial market. Bitcoin (BTC) fell to $102,870 after trading near the $106,000 level on Sunday. Ethereum (ETH) declined to $2,400, while the total market capitalization of all cryptocurrencies dropped by 1.67% to $3.25 trillion. The selling pressure mirrored the broader financial…
Bitcoin’s days of triple-digit annual returns may be behind it as growing institutional adoption flattens its long-term growth trajectory, on-chain analyst Willy Woo suggests. Once seen as a rocket fueled by internet hype and retail dreams, Bitcoin (BTC) may be settling into a slower, more mature phase as large investors step in, analyst Willy Woo…
While global darknet crypto sales fell by double digits over the past year, Russia’s darknet market Kraken still saw a big jump in crypto trade, Chainalysis says. Global cryptocurrency sales on darknet markets dropped by 15% in 2024, though Russia‘s darknet market scene tells a different story with one platform bucking the trend, according to…
BitMEX co-founder Arthur Hayes says Bitcoin must break above $110,000 and climb toward $150,000–$200,000 for a true altcoin season to kick off. In a recent interview with Fortune published on May 18, Hayes predicted this breakout could occur sometime in June or early Q3, driven by rising liquidity and increased trading volume. Hayes, who now…
Japanese investment firm Metaplanet has increased its Bitcoin holdings by 1,004 BTC, bringing the total reserve to 7,800 BTC. Tokyo-listed investment firm Metaplanet has expanded its Bitcoin (BTC) holdings with a new purchase of 1,004 BTC, bringing its total reserves to 7,800 BTC. In a regulatory filing on May 19, Metaplanet disclosed that the latest…
Bitcoin price has stalled below $105,000, but a popular model points to a surge to between $275,000 and $300,000 by October this year. Bitcoin (BTC) was trading at $103,400 at press time, a few points below this month’s high of $105,900. The Bitcoin Spiral Clock is a popular model that looks at Bitcoin price cycles…
Bitcoin price remained in an extended consolidation after the U.S. lost its last triple-A credit rating on Friday. Bitcoin (BTC) was trading at $103,000, 2.8% below its highest level this month. This slight pullback has brought its market cap to $2.045 trillion. Moody’s US credit rating downgrade The biggest macro-related news on Friday came from…
Michael Novogratz, founder and CEO of Galaxy Digital, said the crypto industry is at a turning point as his firm went public on the Nasdaq Thursday under the ticker GLXY. “We started off wanting to be the Goldman Sachs of crypto,” Novogratz said during a CNBC “Squawk Box” interview, recalling early days building out a…
Solv Protocol has announced the launch of SolvBTC.AVAX, a modular Bitcoin yield product backed by real-world assets. The Bitcoin (BTC) yield vault is backed by Solv, Avalanche (AVAX), Euler, Elixir, LFJ and Balancer, Solv Protocol said in an announcement. According to the team, the launch of SolvBTC.AVAX aims to further tap into the $1.3 trillion…
