Cryptocurrency analyst and trader Kevin Svenson says the price of Bitcoin (BTC) is on the cusp of accelerating upwards rapidly. In a new strategy session, Svenson says Bitcoin is now “entering the vertical stage” where price “quite literally starts to go vertical.” According to Svenson, Bitcoin could rally to as high as $150,000 during the
President Donald Trump floated the idea of giving every American taxpayer a “dividend” check worth $1,000 to $2,000, funded directly from tariff revenues. The proposal, revealed in a Thursday interview with One America News Network, has sparked excitement among crypto traders who recall how previous rounds of stimulus injected fresh liquidity into Bitcoin and altcoins.
Bitcoin’s 2025 rally is powered by ETF inflows, Fed cuts, a softer dollar, and lower real yields. Yield curve control in the US and eurozone fractures could unleash new liquidity waves. Capital controls would turn Bitcoin from an investment into a survival tool for savers. It’s easy to get caught up in the daily movements
Strategy Inc., the crypto treasury firm co-founded by Bitcoin bull Michael Saylor, saw its Bitcoin holdings hit a record high above $77 billion as the flagship cryptocurrency returned to the $120,000 level after several weeks of volatile price action. Summary Strategy Inc.’s Bitcoin holdings have hit a new all-time high as BTC returned to levels
The U.S. Treasury repurchased $2 billion in long-term bonds on October 2, with settlement set for October 3. The buyback covered maturities stretching into the 2040s and 2050s, shrinking supply and signaling confidence in U.S. fiscal stability. That may sound like routine debt management, but for traders, it matters. Buybacks free liquidity, suppress yields, and
Bitcoin was trading around $120,000 at press time, up slightly in the last 24 hours and 10% over the past week. The current 24-hour trading volume is approximately $64.2 billion. Traders are now watching the $120,000 level to see if it will act as new support, following a daily close above this key area. Notably,
OpenLedger, a blockchain and AI infrastructure platform, has announced a new project, Datanet. OpenLedger Datanet serves as a unique decentralized data ecosystem to address data fragmentation in AI to build trust. As the platform disclosed in its official social X announcement, the initiative endeavors to redefine data contributions into attributable, transparent, and structured networks to
Bitcoin option investors are taking modest long positions after the asset’s price broke above $120,000, signaling that while there is optimism for an increase, it is not a strong conviction. Glassnode shared this market sentiment on Friday via a post on X, complete with on-chain data. A Bet on ‘Uptober’ in BTC Option Market According
Qitmeer Network, an open blockchain for Shariah-compliant financial inclusion, has partnered with StarSphere, a popular AI creator economy platform. The partnership aims to redefine the creator economy at the intersection of Web3 and artificial intelligence (AI). As Qitmeer Network’s official social media announcement reveals, the collaboration highlights the rising significance of merging AI-led platforms with
The current Bitcoin market cycle may be approaching a peak, according to historical post-halving patterns observed by a prominent market analyst. The analyst, Quinten, highlighted that in each of the last three cycles, market tops emerged within a defined number of days following the halving. Bitcoin’s Cycle Timing Across Halvings Data from his chart shows