Bitcoin is pushing into a critical zone where weekly resistance and short term whale sell orders are lining up. While the rally has stayed strong, the charts show $BTC still needs a clean break above $78,000 to clear the pressure building near $80,000. Bitcoin Tests $78,000 Resistance as Weekly Breakout Wait Continues Bitcoin has reached
Location data has already become a vital component of the contemporary decision-making process, but the issue of its credibility is an ongoing concern. A new project between Filecoin and the University of Maryland will help fill this gap by incorporating cryptographic verification into geospatial data. The partnership aims at archiving location-based observations that have confirmable
Bitcoin is trading around $78k, surging higher consistently as a combination of improving technical structure and renewed geopolitical optimism drives fresh buying. The extension of the US-Iran ceasefire has provided a meaningful risk-on catalyst, removing a key source of macro uncertainty that had been weighing on markets for weeks and giving buyers the fundamental backdrop
Bitcoin is accelerating toward the $80,000 threshold as market participants navigate a complex intersection of Middle Eastern geopolitics, shifting monetary policy regimes, and a heavily skewed derivatives market. Data from CryptoSlate shows that the digital asset’s surge from recent lows was driven by the temporary diplomatic relief between the US and Iran. However, the underlying
Bitcoin’s longtime critic and pro-gold advocate, Peter Schiff, is not looking to slow down on his steady criticism of Bitcoin as he continues to harshly attack the world’s largest Bitcoin treasury firm, MicroStrategy. After recently describing MicroStrategy as the world’s largest Ponzi, Schiff has pushed further on his claims against the firm, challenging the chairman,
On the crypto market, a moment of technical agreement has occurred as legendary trader Peter Brandt supported the recent analysis of Aksel Kibar, according to which Bitcoin is not just rising but breaking the structure of the downtrend that has been in place since the beginning of 2024. By the last week of April, Bitcoin
Recent progress in quantum computing has reignited a long-standing concern for bitcoin . A sufficiently powerful cryptographically relevant quantum computer could, in theory, break bitcoin’s elliptic curve signatures, exposing coins with visible public keys, particularly early Satoshi-era wallets, according to bitcoin analyst James Check. Quantum doomsayers warn that this would unleash a flood of supply
US-listed spot Bitcoin exchange-traded funds recorded a seventh straight day of net inflows on April 23. The products added $335.8 million on the day, extending a strong run that started in mid-April. Over the full seven-day period, the funds brought in about $1.9 billion. The latest streak came as Bitcoin price action improved. According to
Bitcoin critic Peter Schiff has intensified his criticism of Strategy’s $STRC perpetual preferred stock, calling it an “obvious Ponzi” scheme and questioning the role of U.S. regulators. His remarks come as the stock shows signs of recovery toward its $100 par value, coinciding with a 9.39% rise in MSTR shares on Wednesday and renewed analyst
Bitcoin price rallied to a 12-month high above $79,000 on Wednesday before pulling back to $78,000 as investors booked profits. However, derivatives data suggest the asset may be building momentum for another move higher. According to data from crypto.news, Bitcoin (BTC) price rallied nearly 6% to a 12-week high of $79,388 on Wednesday before experiencing