The US Senate is scheduled to vote on confirming Kevin Warsh to the Federal Reserve Board of Governors today at 3:00 PM EST, the final procedural step before he takes over as the next Chair of the Federal Reserve. If confirmed, as widely expected, Warsh will replace Jerome Powell, whose term concludes on May 15,
Bitcoin’s rise above $80,000 and its sustained position there has increased expectations of further upside in the market. However, the analysis firm believes this rise is unhealthy. According to the firm, the recent BTC rally is not driven by spot demand but by an unstable squeeze of short positions. The analytics firm noted that market
Cryptoquant’s bitcoin bull-bear cycle indicator turned green for the first time since 2023, which could signal that “the market structure is beginning to recover,” said the firm’s onchain market analyst Julio Moreno on Wednesday. “Historically, this has been an important regime-change signal,” Moreno wrote. “When the indicator moves out of bear territory and enters the
Bitcoin is trading at $80.8k, consolidating just above the $80k psychologcial threshold that defined the ceiling of this cycle’s correction for months. While the ascending channel’s higher boundary is still holding, the 100-day MA has been left well behind, and the price’s reaction to the current area where the 200-day MA is also converging will
Bitcoin is holding above the bull market support band, while traders watch the $82,000 area as the next key breakout level. A clean move above this resistance could strengthen the bullish setup and shift focus to the $86,582 Fibonacci target. Bitcoin Holds Bull Market Support Band as Traders Watch $82K Level Bitcoin closed the week
Bitcoin (BTC) may be entering the early stages of a new bull market, with the asset eyeing the $100,000 level after days of consolidation around $80,000. The outlook follows CryptoQuant’s Bull-Bear Market Cycle Indicator turning green for the first time since March 2023, a signal that has historically marked major shifts in Bitcoin’s momentum. The
With Bitcoin ($BTC) price having underperformed Gold (XAU) and the broader United States stock market in 2026, Matthew Sigel, the head of digital assets research at VanEck, has made a bold prediction. Bitcoin price could hit $160,000 if it reclaims its all-time high relative to gold, Sigel said. The prediction, analyzed by Finbold on May
French startup The Bitcoin Society (TBSO), backed by former NBA star Tony Parker and Ledger co-founder Eric Larchevêque, has abandoned plans to build a Bitcoin treasury after deteriorating market conditions made fundraising difficult, Bloomberg reported. Larchevêque said the strategy, announced only months ago, was dependent on frequent capital raises to accumulate Bitcoin, but investor appetite
Bitcoin’s climb toward the $82,000 resistance reflects a market slowly rebuilding conviction after weeks of unstable momentum and cautious positioning. Spot demand continued absorbing supply throughout the rally, with daily trading volume holding between $4.2 billion and $4.5 billion. That steady accumulation helped $BTC reclaim higher levels without relying entirely on aggressive leverage. Source: CoinGlass