David Bailey, a former crypto advisor to the Trump administration, argues that the US government could be doing more to support Bitcoin adoption. “At the end of the day, liking Bitcoin is not enough,” Bailey said during the Bitcoin Investor Week Conference in New York, which was published to YouTube on Tuesday. “The Trump administration
TL;DR Bitcoin trades at $68,512 after facing rejection near the $70,000 resistance level. A death cross appears on the three-day chart for the first time since 2022. Short-term indicators show selling pressure weakening despite the bearish long-term signal. Bitcoin faces a defining technical test at the $70,000 level on March 3, 2026. The cryptocurrency trades
Stafford Masie, executive chairman of Africa Bitcoin Corporation, said Tuesday that Bitcoin functions as everyday money in parts of Africa rather than primarily as a store of value. Speaking to Natalie Brunell on the Coin Stories podcast on Tuesday, Masie said the framing of Bitcoin (BTC) differs sharply across regions. “Where I come from, Bitcoin
Core Scientific, a Bitcoin mining company, announced this week its plans to sell nearly all of its Bitcoin holdings to fund its shift towards AI and high-performance computing. The move reflected a broader trend in the Bitcoin mining industry. However, it also raised questions over the purpose of sustaining Bitcoin treasuries, especially in light of
Indiana Governor Signs Bill Allowing Bitcoin in State Retirement Plans Indiana Gov. Mike Braun has signed legislation allowing bitcoin and cryptocurrency investments in the state’s public retirement and savings plans, opening the door for state employees to gain exposure to digital assets through self-directed accounts. The measure, House Bill 1042, requires Indiana’s public retirement boards,
Strategy’s Bitcoin holdings top 720,000 $BTC Strategy has reached a historic milestone in its corporate treasury mission, officially surpassing 720,000 Bitcoin following a fresh $204 million acquisition. Strategy Inc. has officially surpassed a massive cryptocurrency milestone that has pushed its total Bitcoin treasury past the 720,000 mark. According to a Form 8-K filed with the
The cryptocurrency market has reached a critical juncture amidst global geopolitical tensions and macroeconomic uncertainties. In the program “The Wolf Of All Streets,” experts assessed Bitcoin’s biggest “macro test” and the market’s direction. FOX Business reporter Eleanor Terrett approached the debate from the perspective of Washington and regulation. According to Terrett, the US election process
Bitcoin price retreated by over 2.50% on Tuesday, erasing some of the gains made on Monday. It dropped to $67,000, and could be at risk of falling to $50,000 as the US dollar and crude oil prices surge. Summary Bitcoin price retreated by over 2.50% on Tuesday, erasing the gains made on Monday. The coin
Bitcoin perpetual open interest posts its largest daily rise since 2025 as $BTC stalls below $70k. Summary Perpetual open interest records its biggest daily percentage increase since July 2025 as $BTC tests $69.4k resistance. Leverage expands sharply into a failed breakout attempt, leaving speculative longs vulnerable to liquidations if price moves away from the $69k–$70k
Bitcoin currently trades within two massive liquidation clusters on the upside and downside, as traders anticipate the next decisive move. Bitcoin (BTC) has continued to face bearish pressure as sellers try to push the asset into another monthly loss after its 14.82% drop in February 2026. Notably, the February decline marked the fifth straight month