Rekt Capital, a widely followed analyst in the cryptocurrency markets, has made noteworthy assessments regarding the technical outlook and possible scenarios following the recent rise in Bitcoin. According to the analyst, when Bitcoin breaks downwards from “Macro Triangle” formations in past cycles, it generally tends to retrace towards a bear market bottom over time. However,
Legendary venture capitalist and early cryptocurrency adopter Tim Draper is once again doubling down on his ultra-bullish outlook for Bitcoin. The billionaire has predicted that the flagship cryptocurrency will surge $250,000 within the next 18 months. I bought Bitcoin at $4. Or so I thought. Peter Viscenne had offered to mine it for me. He
Markets are increasingly pricing in “peace” as a key macro driver in the current cycle. Notably, the current setup appears to be supporting that narrative. According to The Kobeissi Letter, another agreement may now be on the table. A new round of negotiations between the U.S. and Iran could take place as soon as Thursday,
ECB chief economist Philip Lane warned the central bank could still raise interest rates if inflation’s impact lasts longer than expected, keeping tightening risks alive even after March’s pause. European Central Bank chief economist Philip Lane has warned that interest rates may yet rise if inflation in the euro area proves more persistent than policymakers
The bitcoin price surged more than 5 percent Tuesday morning to touch $74,901 before settling around $74,400, its highest level since March 17, after Trump signaled Iran may be interested in resuming peace talks and CENTCOM clarified the naval blockade would not impede non-Iranian shipping through the Strait. The same diplomatic signal dynamic that drove
Bitcoin is moving deeper into its current halving cycle, with the network now past the midpoint as the next supply cut approaches in 2028. The next halving is expected in mid-April 2028 at block height 1,050,000, according to Bitcoin Magazine Pro data. Roughly 105,000 blocks remain in the current cycle, placing the network just over
The primary cryptocurrency has experienced a solid rebound over the past week, reaching a two-month peak before it retraced slightly. Some analysts believe the rally might be just getting started and that the price is poised for more substantial upside in the short term, while others warn that bears still dominate the market and a
Austan Goolsbee has warned the Federal Reserve may need to keep interest rates on hold until 2027 if the Iran war keeps oil prices high and inflation stuck above target. Austan Goolsbee has warned the Federal Reserve may need to keep interest rates on hold until 2027 if the Iran war keeps oil prices high
Bitcoin started the day with a promising chance for a breakout, but the rally fizzled out at a familiar brick wall that has kept a lid on prices for more than two months. After briefly topping $76,000 — a key resistance level — the largest crypto reversed course, slipping below $74,000 later in the session.
Cryptocurrency research firm Presidio Bitcoin has published a comprehensive technical report examining the potential impact of quantum computers on the Bitcoin network. The report states that while Bitcoin is not under a direct threat in the short term, the time to take necessary precautions is “limited to years, not decades.” According to the report, the