Fed Chair Jerome Powell avoided discussing monetary policy during his Oct. 9 Community Bank Conference remarks, supporting Bitcoin’s continued advance toward $150,000. Matt Mena, Crypto Research Strategist at 21Shares, stated in a note that this was a “strategic omission” by Powell. He characterized the narrow focus as “effectively a green light for risk assets” because
Bitcoin (BTC) state, following its new all-time high of $126,000, is facing tests from profit-taking and elevated leverage. As Glassnode reported on Oct. 8, mid-tier holders that have accumulated between 10 and 1,000 BTC have driven demand over recent weeks, while whale distribution has eased since earlier this year. The Trend Accumulation Score shows that
Key Takeaways Bitcoin’s brief dip to $120K triggered over $120 million in liquidations, led by Bitcoin, Ethereum, and Solana positions. Analysts describe the pullback as a healthy correction before potential continuation of the uptrend. Bitcoin pulled back to the $120,000 level today, triggering over $120 million in liquidations across major crypto assets within the past
A bill intended to establish a Bitcoin strategic reserve for the US state of Massachusetts received a tepid response after its first legislative action in eight months. In a Tuesday hearing of the Massachusetts legislature’s Joint Committee on Revenue, state Senator Peter Durant testified regarding the bill he sponsored, “an Act relative to a Bitcoin
Retail Bitcoin traders made themselves heard today, causing $700 million in crypto liquidations. The price of BTC fell by around $4,000 as on-chain activity spiked, even though institutions kept buying. Whether or not BTC keeps dropping or recovers soon, we need to pay attention to these dynamics. Corporate liquidity is very influential in the market,
Bitcoin could be exposed to quantum computing threats as experts warn the network must prepare for a post-quantum future. Summary Charles Edwards warns Bitcoin’s core cryptography may not survive the rise of quantum computing and urges the community to build defenses before 2026. Deloitte reports that 4.5 million Bitcoin worth around $550 billion remain stored
Precious metals are soaring in response to the US dollar debasement, with gold hitting $4,000 per ounce and silver reaching a 45-year high of over $50 per ounce. Still, the precious metal rally may be running out of steam, paving the way for investor rotation into alternative store-of-value assets like Bitcoin (BTC) and tokenized real-world
Bitcoin’s latest price movements are reviving an old narrative that traders and macro investors have dubbed the “debasement trade.” The term describes a bet against fiat currencies, a move toward scarce or hard assets whenever markets expect governments to finance deficits with cheaper money. It’s a trade born from fear that currencies are quietly being
Bitcoin (BTC) broke the new ATH by exceeding $126,000 at the beginning of the week, but fell sharply during the week to $121,000. As investors await a major surge with the arrival of the bullish month of October, one analyst said Bitcoin is at a turning point. Studying Bollinger Bands, popular analyst Tony Severino concluded
Key Takeaways Maestro has launched Symphony, the world’s first fully audited and open-sourced Bitcoin indexer. Symphony supports standards like BRC-20s, Runes, and Ordinals, powering large-scale and secure blockchain applications. Maestro, a BitcoinFi infrastructure provider, has released Symphony, the first fully audited Bitcoin indexer as an open-source solution. The software stack is designed to power large-scale