In brief Rep. Sheri Biggs (R-SC) disclosed on Friday that she purchased up to $250,000 worth of BlackRock’s spot Bitcoin ETF (IBIT) last month. The U.S. lawmaker “strongly supports crypto,” according to the Stand With Crypto Alliance, a grassroots advocacy group launched by Coinbase. Biggs also bet on Bitcoin last July, disclosing another IBIT purchase
In brief Bitcoin funding rates have remained negative for over a month even as BTC touched $76,000, signaling heavy bearish positioning. A potential uptrend could see Bitcoin revisit $125,000 in 30-60 days, Decrypt was told. Despite bullish catalysts, analysts remain cautious, highlighting $80,000 as a key trigger level; failure risks a double-digit sell-off similar to
Bitcoin ($BTC) price is now eyeing a rally towards $80,000 after breaking above a major multi-week sell wall on April 17. After getting rejected around $76,150 since its capitulation in early February, $BTC price jumped 6.95% in the past seven days and was trading at about $77,380 at press time. As a result, the flagship
Today’s sharp rise in Bitcoin prices has brought institutional investors’ balance sheets back into the spotlight, with particular attention paid to the current profit/loss status of Michael Saylor and his company, Strategy, regarding their Bitcoin positions. As of today, Strategy holds a total of 780,897 $BTC, with a total value of approximately $60.37 billion. The
The accelerating upward trend in cryptocurrency markets in recent weeks continues to attract the attention of analysts. Crypto analyst Ali Martinez evaluated recent price movements in Bitcoin, making important statements regarding critical technical levels and market dynamics. According to Martinez, Bitcoin has gained over 16% in the last two weeks, breaking above a key resistance
The rivalry between Bitcoin ($BTC) and gold has been ongoing for a long time. Some analysts advocate for Bitcoin, others for gold, while some argue that both should be included in portfolios. At this point, Citi, one of the most important names on Wall Street, also states that both $BTC and gold should be included
Strategy Inc., the company formerly known as MicroStrategy that has essentially become a publicly traded Bitcoin fund, saw its stock price climb near $170 on April 17. That’s a 15% daily jump that pushed shares decisively above the $160 level for the first time in weeks. The move comes as Bitcoin itself recovers from a
Michael Saylor Bitcoin strategy has returned to a crucial level as the market stabilizes. Strategy’s average entry sits near $75,577, while Bitcoin trades close to $75,200. This places the company right at break even after months of volatility. This moment carries strong psychological importance for both retail and institutional investors. Many market participants closely watch
As Bitcoin (BTC) continues to fluctuate between $74,000 and $75,000 in recent days, there is growing speculation that the recent recovery may be the bottom. At this point, an analyst shared a signal that correctly identified the bottom levels from 2025 to this year, and noted that this signal has yet to be triggered. Therefore,
Against the backdrop of a mass transition of public miners toward AI computing — according to forecasts by Charles Edwards of Capriole, the share of “crypto revenue” in the sector will drop from 90% to 30% by 2026 — two polar-opposite expert views on network security have emerged in the industry. Edwards warns of a