The recent price rally seen across the crypto community has been interrupted by another short-term volatility, pulling Bitcoin back from the chances of achieving a major price recovery. While it is finally back to $70,000, traders are still optimistic about its potential recovery to the major $100,000 level. Nonetheless, popular crypto analyst Ali Martinez has
Bitcoin is pushing higher, but the recovery attempt carries a fragile foundation. The crypto king is testing key resistance levels amid growing skepticism from on-chain data. Several indicators are flashing bearish signals that could undermine the current upward momentum before any meaningful breakout materializes. Bitcoin Holders Are Underwater Short-term holder supply in profit has dropped
Former U.K. Prime Minister Boris Johnson has called bitcoin BTC$70,631.15 a “giant Ponzi scheme,” prompting a swift rebuttal from Strategy chairman Michael Saylor and other netizens. In a column published in the Daily Mail and posted on social media platform X, Johnson wrote that he had long suspected cryptocurrencies relied on “a supply of new
The blockchain trilemma reared its head once more at Consensus in Hong Kong in February, to some extent, putting Charles Hoskinson, the founder of Cardano, on the back foot – having to reassure attendees that hyperscalers like Google Cloud and Microsoft Azure are not a risk to decentralisation. The point was made that major blockchain
According to one analyst, signals are strengthening that the “bear season” in the cryptocurrency markets is coming to an end. Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims that the massive rise in gold is beginning to lose momentum and that capital will flow back to Bitcoin. Matt Hougan, a figure closely followed in
Wall Street is racing toward tokenized equities and 24/7 trading, but many institutional investors are wary of the instant settlement model. Tokenization refers to representing traditional assets such as stocks on blockchain networks. In theory, the approach could modernize market infrastructure that dates back decades, allowing securities to move and settle instantly while potentially enabling
According to a Bloomberg survey, economists expect the Fed to cut interest rates twice this year. Economists surveyed also expressed some concerns about Kevin Warsh, Donald Trump’s nominee for Fed chairman. A survey of 46 economists revealed that expectations for the Fed’s next interest rate cut have shifted from March to June. Despite this, most
To get an idea of how big a deal AI-based commerce could be for crypto, ask entrepreneurs and developers involved in digital assets, particularly stablecoins. They’ll happily tell you blockchain-based money is the natural fit, an essential element in the mix and so forth. Their logic is simple. Over the past few years, stablecoins —
Bitcoin’s price returned to trade in the red following a five-day rise since the March 9 low of $65,820. The largest cryptocurrency rose to $73,698 on Friday, the top of its recent trading range, before retreating. In a tweet, veteran trader Peter Brandt highlights a familiar pattern on the Bitcoin chart, which was accompanied by