Could Brazil be the next country to adopt a bitcoin strategic reserve? Legislation is advancing through the country’s Congress that could make that an eventual reality. The Chamber of Deputies held a hearing last week exploring legislation proposed by Federal Deputy Eros Biondini. The bill would allow an allocation of up to 5% of Brazil’s
New allegations surfaced, claiming Binance is deliberately holding back Solana’s momentum to protect the BNB token, throwing the crypto market into controversy. It adds to the list of times the largest exchange on trading volume metrics has been accused of using Wintermute market maker to influence prices. Is Binance Secretly Holding Back Solana in Favor
Fundstart’s Tom Lee believes that the current cryptocurrency market is only in its early innings despite the fact that the biggest cryptocurrencies by market cap have recorded some impressive gains. His reasoning is based on the fact that traditional finance is still reluctant to embrace cryptocurrencies. Morgan Stanley sounding on crypto? Lee has pointed to
Bitcoin transaction fees have plummeted to their lowest levels in over a decade, as social sentiment around Federal Reserve rate cuts reaches a fever pitch, raising questions about market sustainability. Summary Bitcoin fees fall to lowest levels since 2011 at 3.5 BTC daily average Fed rate-cut hype hits 11-month high, echoing past euphoric market tops
TL;DR Bitcoin charts indicate a confirmed inverse head and shoulders pattern with a breakout retest holding near $115K. Futures sentiment index flips positive after five bearish days, easing short-term pressure on Bitcoin markets. Price consolidates between $112K–$124K, while technical patterns suggest scope for another upward breakout. Double-Bottom Structures in Play Bitcoin has printed another double-bottom
Bitcoin Price Consolidates in a Key Zone The $Bitcoin price is currently trading sideways, caught in a consolidation channel between $112,000 and $118,000. While a few breakout attempts pushed BTC briefly toward the $124,000 resistance, the market quickly adjusted lower, bringing the price back into its familiar range. Bitcoin price in USD over the past
Michael Saylor, co-founder and executive chairman of MicroStrategy, has once again made a bold forecast about Bitcoin. Speaking live on CNBC, Saylor predicted that Bitcoin would grow 30% annually for the next 20 years. He also recently hinted on X about another possible Strategy Bitcoin purchase, keeping the firm’s long-term strategy in the spotlight.
Who doesn’t love a good obituary? A fitting end to a life well lived. Yet, even the best eulogies in the world lose their shine somewhat when the subject isn’t deceased. According to the latest data from Bitcoin Is Dead, the internet’s most comprehensive database tracking Bitcoin death declarations, the number-one digital asset has ‘died’
Bitcoin is trading at $114,627 on Sunday morning within a narrow intraday range of $114,575 to $115,549, reflecting a period of low volatility and market indecision. With a market capitalization of $2.28 trillion and a 24-hour trading volume of $25.22 billion, the digital asset shows signs of consolidation following a broader corrective phase. Bitcoin On