The primary cryptocurrency has experienced a solid rebound over the past week, reaching a two-month peak before it retraced slightly. Some analysts believe the rally might be just getting started and that the price is poised for more substantial upside in the short term, while others warn that bears still dominate the market and a
Bitcoin started the day with a promising chance for a breakout, but the rally fizzled out at a familiar brick wall that has kept a lid on prices for more than two months. After briefly topping $76,000 — a key resistance level — the largest crypto reversed course, slipping below $74,000 later in the session.
Cryptocurrency research firm Presidio Bitcoin has published a comprehensive technical report examining the potential impact of quantum computers on the Bitcoin network. The report states that while Bitcoin is not under a direct threat in the short term, the time to take necessary precautions is “limited to years, not decades.” According to the report, the
Morgan Stanley’s new spot Bitcoin ETF, ticker MSBT, is the first spot $BTC fund from a major U.S. bank, and it arrived swinging. It carries the lowest fee in the category at 0.14%, posted the biggest Day 1 in Morgan Stanley’s entire ETF history, and has roughly doubled its assets under management in its first
Bitcoin climbed to its highest level since the early-February sell-off after US producer prices went up, but rose less than economists expected, in March, with easing oil prices and stronger equity markets adding to the rebound in risk assets. According to CryptoSlate’s data, Bitcoin surged past the $76,000 mark during early US trading hours, with
Michael Saylor published a series of posts in which he directly contrasted his STRC (Stretch) instrument with the traditional market. His main message is that Strategy has created an asset that combines the stability of the dollar with the returns of a Bitcoin empire. In his latest tweet, Saylor states that the volatility of STRC
Venture capital investor Tim Draper shared his past experiences and future expectations regarding Bitcoin (BTC) investments. Draper stated that he initially thought he should buy Bitcoin at the $4 level, but disruptions in the mining process prevented him from fully capitalizing on the opportunity. According to Draper, the team he hired to mine Bitcoin for
Bitcoin has reclaimed the $75,000 level for the second time since the outbreak of the U.S.-Iran conflict, rising 7% in the last 24 hours and adding approximately $98 billion to its market cap in a single day. The broader crypto market gained $135 billion in the same period, while $500 million in short positions were
Bitcoin price surged past $76,000 on Tuesday, hitting a four-week high and marking its strongest price move in weeks as a combination of geopolitical optimism, forced short liquidations, and institutional buying pressure drove the rally. The move began building in the evening of April 13, when bitcoin broke through a dense cluster of leveraged short
Bitcoin has crossed $75,000, and Gold is approaching $4,800. Both are rising, but analyst Michaël van de Poppe says the number worth paying attention to right now isn’t either of those prices. It’s the ratio between them. And that ratio is telling a story that has only been told four times in Bitcoin’s history. The