Cardano founder Charles Hoskinson, in a recent discussion, presents privacy network Midnight as an essential component for Bitcoin DeFi. “Bitcoin users want privacy and Cardano could do a lot of the heavy lifting on the programming side,” Hoskinson said. Hoskinson explains a scenario where Midnight serves as the private coordination layer, allowing Bitcoin holders to
Alex Thorn, Head of Corporate Research at Galaxy Digital, a leading company in the cryptocurrency market, made noteworthy assessments regarding the potential interactions between Bitcoin and quantum technologies. Thorn shared the common insights that emerged from his meetings with investors, developers, and industry representatives at events held in Las Vegas. According to Thorn, one of
A consensus is forming among developers and crypto advocates that Satoshi Nakamoto’s original Bitcoin holdings must remain strictly untouched, according to Alex Thorn, head of firmwide research at Galaxy Digital. “I had many discussions about quantum & Bitcoin in Las Vegas this week, both on and off stage, with skeptics, advocates, and many overall smart
Bitcoin has posted its best-performing month in a year, prompting analysts to forecast what could lie ahead for May, which has historically delivered returns of about 8%. “Long way to go back to ATHs, but good to see some green,” Coin Bureau founder Nic Puckrin said in an X post on Friday, referring to Bitcoin’s
Bitcoin is trading at $78.3k as the first weekend of May opens. It has done something it has not managed since the cycle peak, which is closing above the 100-day MA and breaking out of a long-term descending channel that contained the entire bearish trend. The move comes alongside strong daily RSI readings, a successful
A freshly created wallet has withdrawn 1,051 bitcoin from Binance in a single move worth approximately $82.35 million, with analysts pointing to the transaction as a signal of deliberate accumulation. Key Takeaways: A new wallet pulled 1,051 $BTC worth $82.35 million from Binance, per Lookonchain. U.S. bitcoin ETFs recorded $630 million in net inflows on
Bitcoin derivatives markets are sending mixed signals Saturday as open interest climbs back toward $30 billion as options and futures traders hold positions across every major exchange. Key Takeaways: Binance leads all exchanges in $BTC futures open interest at 134,620 $BTC, while CME posted the strongest 24-hour gain at plus 6.16% on May 2. Deribit’s
CryptoQuant, a cryptocurrency analysis platform, issued a noteworthy warning in its latest assessment of the Bitcoin market. According to the analysis, despite the recent recovery in Bitcoin price, the fundamental problem is not the price itself, but rather the weakness in spot demand. According to the company’s data, the “apparent demand” metric is still in