The attempts to pump Bitcoin ($BTC) price to follow the stock market have increased skepticism, but Finbold AI Agent – an advanced financial assistance tool leveraging several AI models – provided midterm clarity. On May 7, the Finbold AI Agent predicted that the Bitcoin price could edge higher over the next 7 days. Precisely, $BTC
Quantum computing continues to pose a threat to Bitcoin ($BTC) and altcoins, prompting a warning from quantum computing research firm Project Eleven to investors. Speaking at the Consensus conference in Miami, Project Eleven CEO Alex Pruden urged Bitcoin developers to prepare for the threat of quantum computing. Alex Pruden emphasized the need for Bitcoin developers
$3 trillion. That’s the scale of the opportunity bitcoin treasury executives see in digital credit, a fast-growing class of bitcoin-backed debt instruments designed to generate yield on bitcoin holdings. The market has already grown to about $10 billion in less than a year, participants say. “What we’re seeing with digital credit right now is exponential
Crypto data analytics firm Swissblock has assessed that Bitcoin’s ($BTC) upward momentum is strengthening again, signaling a potential move toward the $84,000 to $86,000 range. The firm’s analysis, shared on X, outlines a familiar cyclical pattern: an initial rise, a corrective phase, an acceleration, and a post-overheating correction. According to Swissblock, Bitcoin has now entered
The urgent need for a “mass extinction” of “junk coins” from the crypto market is not at all a new topic. Cardano Founder Charles Hoskinson and Ethereum co-founder Vitalik Buterin predicted that over 90% of the initial coin offering (ICO) era would fail. Ripple CEO Brad Garlinghouse in 2019 agreed 99% of all cryptocurrencies would
Bitcoin price started a fresh increase and cleared the $81,200 zone. $BTC is consolidating and might aim for more gains above the $82,500 level. Bitcoin managed to stay above $80,200 and started a fresh increase. The price is trading above $80,800 and the 100 hourly simple moving average. There is a bullish trend line forming
The social sentiment surrounding Bitcoin ($BTC) has swung to its most bullish level in four months as the asset surged past the $80,000 mark earlier in the week. This is according to data shared by Santiment on May 7, with the shift reflecting a market that has quickly moved from fear to optimism after weeks
Bitcoin price rebounded back above $81,000 as investor risk-on sentiment improved after Iran signalled that it was reviewing a U.S. proposal to end the war between the two nations. After falling over 2.3% from a 4-month high of $82,751 on Wednesday to an intraday low of $80,771, Bitcoin (BTC) price rebounded back above $81,500 at
Ryan Cohen’s unsolicited $55.5 billion unsolicited bid to absorb eBay into GameStop has the corporate world doing a double-take. Cohen’s pitch sounds seductive on paper: he promises to slash $2 billion in bloated overhead and instantly rocket eBay’s diluted GAAP earnings per share from $4.26 to $7.79 in year one. But behind the flashy presentation
Babylon Labs and Gomining have announced plans to integrate their infrastructure, allowing bitcoin holders to lock their $BTC into the former’s trustless vaults and earn native mining rewards from Gomining’s operations, all without wrapping, bridging, or surrendering custody of their coins. Key Takeaways: Babylon and Gomining announced a Trustless Bitcoin Vault (TBV) integration for up