The recent surge in the price of the leading cryptocurrency, Bitcoin ($BTC), pushing it above $73,000, has fueled bullish sentiment. However, according to CryptoQuant, while Bitcoin’s rise looks encouraging, it appears to be a short-term relief rally rather than the beginning of a new bull cycle. Julio Moreno, head of research at CryptoQuant, said that
Bitcoin, the leading cryptocurrency, has slowed its recent recovery at a critical technical resistance level. According to analysts, the most important level determining BTC’s short-term direction will be the $70,000 support level. The analysis indicates that the Bitcoin price is stagnating in an area where two technically significant indicators intersect. Accordingly, the price is struggling
Vancouver, Canada – February 2025. City officials have delivered a stunning recommendation to abandon Vancouver’s ambitious initiative to become a ‘Bitcoin-friendly city,’ citing fundamental legal and financial constraints. This pivotal move, reported by Decrypt, represents a significant setback for a plan championed by Mayor Ken Sim and highlights the ongoing tension between municipal innovation and
Renowned macro analyst Alex Krüger is pushing back on a comparison that has taken hold across desks since strikes involving Iran began: that markets are replaying the 2022 Russia-Ukraine shock, with crypto and Bitcoin in particular tracing an uncomfortably familiar pattern. Yes, the setups rhyme, Krüger wrote in a March 4 Substack note. But he
Bitcoin is regaining strength after pushing back above the $70,000 level, a move that has helped restore a degree of bullish sentiment following weeks of heightened volatility. The recovery comes after a turbulent period for global markets, during which geopolitical developments and macro uncertainty triggered sharp swings in price action across risk assets. According to
Bitcoin price started a steady increase above $70,500 and $72,500. $BTC is now consolidating and might aim for a fresh increase above $72,500. Bitcoin started a fresh increase after it settled above the $70,000 zone. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography. PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site in
Marking a significant milestone, the Wyoming State Treasury made headlines on March 5, 2026, by acquiring 250,000 shares of Strive, a pioneering move as it became the first public fund in the United States to invest directly in a company with Bitcoin reserves. This move highlights Wyoming’s progressive stance toward digital assets, integrating them into
Bitcoin is consolidating near a crucial support band, with $77,000 emerging as the key level to watch. A breakout above it could signal bullish momentum and a trend reversal, while failure to hold may keep Bitcoin in a corrective phase or push it lower. Bitcoin Re-Approaches Critical High-Timeframe Support After 0.786 Fibonacci Deviation Crypto analyst
Bitcoin ETFs have drawn over $1.1 billion in net inflows within days after the Iran conflict started. Data from Glassnode shows the reversal followed weeks of persistent outflows across U.S. spot funds. Analysts say the flows emerged as Bitcoin reclaimed $70,000 and institutions cautiously resumed accumulation during rising geopolitical tensions.