After a turbulent start to September, Bitcoin is still trading just above $115,000, and sell pressure indicators point to a possible accumulation phase. Summary Bitcoin price is consolidating above $115K after a brief dip, with sell pressure showing signs of easing. Accumulation is picking up, suggesting stronger hands are absorbing supply ahead of the next
An analyst who accurately called the Bitcoin top last cycle believes BTC is gearing up for new rallies toward the end of the year. Pseudonymous analyst Dave the Wave tells his 152,500 followers on the social media platform X that Bitcoin appears to be grinding higher within an ascending channel on the daily chart en
Bitcoin price is once again at the center of a macro storm. The Senate’s confirmation of Stephen Miran to the Federal Reserve Board adds a new layer of political influence to monetary policy just as markets brace for the next interest rate decision. With Trump pressing for aggressive cuts and the Fed walking a tightrope
Around 42% of Bitcoin’s current circulating supply, or 8.3 million Bitcoin (BTC), could be “illiquid” by 2032 at the current rate of Bitcoin treasury firm buying, according to asset management firm Fidelity. In a report published on Monday, Fidelity identified two groups whose supply could be considered illiquid, with the criteria being that their Bitcoin
Robert Kiyosaki, a financial education advocate and Bitcoin supporter, known for his bestselling book “Rich Dad Poor Dad,” has published a tweet with a teaser of a documentary that praises BTC and slams the Federal Reserve. Kiyosaki will be featured in this film, along with Larry Fink and other top figures in finance. The Fed
The Smarter Web Company (SWC), a London-listed technology firm and the UK’s largest publicly traded company holding Bitcoin. It has appointed Coinbase Institutional as one of its new Bitcoin custody partners. The move is designed to boost the security and resilience of its growing Bitcoin treasury. It further strengthens its leadership in the corporate Bitcoin
Bitcoin price is correcting gains from $116,500. BTC is now consolidating and might start a fresh decline if it stays below the $116,500 resistance zone. Bitcoin started a fresh increase above the $115,000 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the mystery of El Salvador’s alleged bitcoin purchases and why the government is due to issue an official clarification. Latam Insights Encore: El Salvador’s Bitcoin Purchases Are Still a
Pantera Capital founder Dan Morehead has predicted the price of Bitcoin in the next four or five years, sharing why it would attain the milestone. The hedge fund manager shared his thoughts on the price targets for Bitcoin on Monday’s CNBC Squawk Box interview. He predicted that Bitcoin would continue to see higher prices, as
US President Donald Trump has taken important steps regarding Bitcoin and cryptocurrencies since his official inauguration. These moves include Trump signing an executive order on the US strategic Bitcoin reserve and Senator Cynthia Lummis’ Bitcoin reserve bill. While expectations for the BTC reserve continue, an important meeting will be held in Washington today in the