Cryptocurrency analyst Joao Wedson evaluated the scenarios that could occur in the market after Bitcoin tested the critical resistance at $117,000. Wedson stated that the prediction they shared exactly seven days ago has come true, saying that $117,000 acts as a strong resistance zone and the price is slowing down at this level. According to
Issuers of crypto funds have grown increasingly creative in their proposals over the past few months as they seek to meet investors growing appetite for these products. But an “AltAlt Season” exchange-traded fund? That’s new territory. Tidal Financial Group’s Quantify 2X Daily AltAlt Season Crypto ETF, one of three funds included in an application to
Circle, the company behind the USDC stablecoin, has launched a new blockchain platform called Arc. Unlike blockchains like Ethereum or Solana, Arc is a Layer-1 network designed specifically to support stablecoin-based applications. Stablecoins are tokens whose value is tied to fiat currencies such as the dollar. Arc is Circle’s effort to address the infrastructure challenges
NBA forward Kevin Durant has access to his bitcoin again, after being locked out of his Coinbase account for nearly a decade. In that time, the price of BTC rose by more than 17,700%. “We got this fixed. Account recovery complete,” Coinbase CEO Brian Armstrong posted on X, responding to a viral tweet about Durant’s
Bitcoin’s recent stretch of muted price action is a sign of strength, not weakness, according to Strategy (MSTR) Executive Chairman Michael Saylor. Speaking on an episode of Natalie Brunell’s “Coin Stories” podcast released Friday, Saylor argued that the market is in a consolidation phase as long-time holders sell portions of their stacks and institutions prepare
Crypto custodian BitGo has filed its first public S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), planning to list Class A common stock on the New York Stock Exchange under the ticker BTGO. The filing provides a rare look at the company’s business scale. BitGo generated $4.19 billion in revenue in the
The survival of corporate crypto treasuries depends on governance and discipline, according to HashKey Capital CEO Deng Chao. In an interview with Cointelegraph, Chao argued that digital asset treasuries (DATs) are sustainable long-term, but “with an important caveat.” Those that lack risk frameworks, diversify poorly or treat digital assets like speculative bets tend to collapse
In his recent interview with Natalie Brunell, MicroStrategy Chairman Michael Saylor made important statements about the future of Bitcoin (BTC) as institutional investors enter the sector. While Bitcoin’s decreasing volatility might make it “boring” for thrill-seeking retail investors, it’s actually a natural maturation phase for the asset and a positive sign, according to Saylor. Saylor
Bitcoin has been gaining substantial momentum lately. Analysts are giving estimates, suggesting there’s about a 70% probability we’ll see a new all-time high soon. There is heavy institutional demand at stake, with $2.8 billion pouring into Bitcoin ETFs. Thus, that’s a big signal: serious players are getting off the sidelines. Even retail investors are stepping
Publicly traded asset manager Caliber made its first significant buy of Chainlink (LINK) this week, adding 278,0111 LINK worth around $6.5 million to its treasury, it announced Thursday. The Arizona-based firm has now acquired around $6.7 million worth of LINK in just over a month since announcing its Chainlink treasury strategy. While other firms are