Bitcoin is on track for a rare fourth red year as October 10’s record leverage wipeout, weak liquidity, and shaken sentiment weigh on prices and altcoins. Summary Bitcoin trades below its year open, setting up only the fourth negative year after 2014, 2018, and 2022 despite far stronger fundamentals. An October 10 crash triggered the
UK-listed tech firm The Smarter Web Company has approved the issuance of 50 million new ordinary shares under a revised subscription agreement. The company disclosed the decision in a regulatory filing released on December 24. The firm aims the move at providing additional capital flexibility as it plans its next growth phase. The company lists
Bitcoin’s climb toward the 100K level captured global attention and investor excitement. Headlines framed the move as historic and unprecedented. Many traders believed Bitcoin finally reached a psychological milestone that confirmed its long-term dominance. The market celebrated the moment as a victory for digital assets worldwide. However, Galaxy Research offered a deeper perspective that changed
The Florida pension fund has made a major move to gain exposure to Bitcoin. Recently, the fund revealed it purchased $47 million worth of MicroStrategy ($MSTR) stock. MicroStrategy is a business intelligence company that also holds a large amount of Bitcoin on its balance sheet. As a result, the fund now indirectly benefits from Bitcoin’s
Story Highlights Gold hits record new all time highs while Bitcoin lags, renewing debate over which asset stores value. Analysts argue Bitcoin halvings enforce rising production costs, unlike gold mining responding to prices. Conservative models suggest Bitcoin could match gold’s market value within eighteen years from now and btc will hit $1.5 million. Gold has
Bitcoin pioneer Adam Back has once again made his position clear. The cypherpunk legend recently said that Bitcoin is “the one coin to rule them all,” reinforcing his long-held belief in Bitcoin’s unique role in the crypto space. Back is not just another commentator. He is one of the most respected figures in Bitcoin’s history.
Bitcoin price failed to continue higher and dipped below $88,500. BTC is now declining and might struggle to stay above $86,800. Bitcoin started a fresh decline from the $90,500 zone. The price is trading below $88,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $87,650 on
BitMEX Research has shared a retrospective analysis of the long-standing debate regarding quantum computing and its potential threat to Bitcoin. It contrasts discussions from the early days of Bitcoin (circa 2010) with the present day. Interestingly enough, BitMEX Research claims that the arguments happening today are nearly identical to those from 15 years ago. In
Bitcoin’s (BTC) price has dipped nearly 1% again today, extending its broader downtrend, which has seen it drop 3.6% so far this month. However, 2 key metrics now hint at an easing of selling pressure. Despite this, some analysts caution that buying power remains weak, restricting the chances of a significant price rally at least
Tom Lee recently said the Bitcoin price could still push above $100,000 before 2025 ends. It is a bold call, especially with Bitcoin trading sideways and momentum looking tired. At first glance, the market does not look ready. Big money flows are weakening, long-term holders are selling, and price action remains compressed. But Bitcoin has