According to crypto analyst Ash Crypto, the conversation about where Bitcoin is headed next is changing. Instead of just focusing on its predictable four-year reward event, analysts are now looking more at the bigger picture of the overall economic cycle. Ash Crypto suggests that Bitcoin’s price has always moved more in step with the global
Bitcoin price started a consolidation phase below $90,500. BTC is consolidating losses and might attempt a recovery wave if it clears $91,500. Bitcoin started a minor recovery wave from the $87,200 level. The price is trading below $90,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line
Rewards for holding bitcoin BTC$89,477.17 are not worth the wild ride anymore. That’s the signal from bitcoin’s Sharpe Ratio, a tool fund managers use to check if an investment’s extra profits (above safe options like U.S. Treasury bills) compensate for volatility risks. The ratio has turned negative for bitcoin, according to data source CryptoQuant, indicating
This week, bitcoin is trading 29% below its all-time high from October, when the bellwether digital asset cleared $126,000 per coin, leaving its most ardent backers to reckon with an uncomfortable reality: precious metals like gold have been stealing the spotlight. Still, plenty of die-hard crypto believers remain convinced that once gold’s run loses steam,
Bitcoin BTC$89,422.03 and the Japanese yen, which have recently moved in near lockstep, traded steady on Friday after Japan reported its first inflation slowdown in four months and the Japanese central bank kept interest rates steady. The headline consumer price index (CPI), which represents the cost ofeveryday stuff, slowed to a 2.1% year-on-year pace in
Bitcoin holders are crossing a psychological threshold not seen in over two years, transitioning from booking profits to losses. The net realized profit/loss, which captures the aggregate gain or loss investors lock in when they move coins on-chain, has slipped into negative territory, suggesting widespread loss-taking is underway. “This is the first time holders realized
Bitcoin backers have minimized claims that fears around quantum computing being a threat to the cryptocurrency sooner than expected are dragging on its price. Glassnode lead analyst James Check said in an X post on Thursday that linking Bitcoin’s price to quantum computing fears “is akin to blaming market manipulation for red candles, and declining
Popular Bitcoin critic and pro-gold advocate, Peter Schiff, has stirred discussions across the crypto market again after restating his long-time stance about gold being a better investment decision than Bitcoin. In his latest assertion, Peter Schiff sang praises of gold and other precious metals, with claims that they are exploding, as silver and gold have
The precious metals rally shows no signs of letting up, while bitcoin BTC$89,880.52 and the broader crypto market remain stuck on the sidelines. Gold rallied another 1.7% to hit $4,930 per ounce on Thursday, while silver added 3.7% to $96 per ounce. Bitcoin, meanwhile, slumped back to just above $89,000, roughly 30% below its all-time
Bitcoin Payments Startup ZBD Raises $40M to Build Gaming Payments Rails Bitcoin payments startup ZBD has raised $40 million in a Series C funding round as it looks to expand blockchain-based payment infrastructure for the video game industry, Fortune reported. The New Jersey–based company, which provides payments software for game developers, was led in the