Balaji Srinivasan, a U.S. entrepreneur and former chief technology officer at Coinbase, has published a post revealing an unpleasant truth about the U.S. dollar and making an important statement about Bitcoin. Srinivasan stated that the U.S. dollar is losing its global status, which is being eroded by Bitcoin and gold. U.S. dollar is losing its
Adam Back, the Blockstream CEO and a man mentioned in the Bitcoin whitepaper, often speculated as a possible Satoshi Nakamoto, has set the tone for September with just one word, “Sendtember.” Paired with a green square emoji, the post landed on the very first day of the month, a place on the calendar that Bitcoin
Metaplanet Inc. shareholders reportedly approved an $884 million capital raising proposal on Monday, as the Japanese Bitcoin treasury company battles a financing crunch triggered by its stock plummeting 54% since mid-June. Three people who attended the extraordinary shareholder meeting in Tokyo’s Shibuya district confirmed the capital-raising plan passed, according to Reuters. The proposal allows Metaplanet
Bitcoin lost numerous critical levels, and gold soared to new heights: This certainly wasn’t in most traders’ playbooks. It appears that gold is killing Bitcoin’s momentum and becoming the true safe-haven asset. Bitcoin is secured Despite what short-term charts may indicate, the rally in gold may actually support Bitcoin’s long-term argument. With a clear break
Bitcoin (BTC) has shed 2.12% in the last seven days, with prices falling below $110,000 and staying stuck. This correction in the asset’s price has led some to speculate that the development indicates the coin has peaked and might not soar higher. Bitcoin on-chain indicators signal market still bullish However, CryptoQuant maintains that bulls are
Bitcoin is trading at $109,508, a 0.5% rise in the past day and a 3.6% decline in the past month. Despite this downtime, BTC boasts of an 88% year-to-date growth. Notably, Bitcoin set a new record high above $124,000 in mid-August, but it has since failed to sustain it. With forecasts clustering between $180,000 and
The cryptocurrency world is always buzzing with predictions, and the latest from Bitfinex Alpha is certainly turning heads. They’ve just unveiled a crucial Bitcoin market bottom projection, placing it squarely between $93,000 and $95,000. This comes after Bitcoin experienced a significant drop, falling over 13% from its recent peak, leaving many investors wondering where the
Bitcoin maintained a narrow trading band to start the month, holding above a critical support level of $107,000 while facing persistent resistance around the $112,000–$114,000 range. The technical landscape remains tilted toward consolidation with bearish undertones, as suggested by key oscillators and moving averages across the 1-hour, 4-hour, and daily charts. Bitcoin On the daily
Bitcoin (BTC), which broke a new record by surpassing $124,000 in mid-August, has been experiencing sharp corrections since then. At this point, the danger is not over for Bitcoin, which has not been able to escape its downward trend. Cryptocurrency analysis firm Matrixport said Bitcoin is at risk of further decline. Bitcoin faces further decline
Trump has once again marked history by being the first presidential organization in the US to have officially reported Bitcoin on their balance sheet. Although no amount has been disclosed, industry observers estimate the holdings to be approximately 1,000 BTC, which would be approximately 100 million dollars at current mid-2025 prices. This is a turning