Bitcoin surged to a weekly high of $73,838, breaking out of a tight range of $70,000 to $71,000. The upward movement caught bearish traders off guard, leading to the liquidation of $445 million in leveraged positions. Liquidations and ETF Inflows Bitcoin rallied to a weekly high of $73,838 Friday, successfully breaking out of the narrow
Cryptocurrency analysis platform Santiment has published a new report noting that digital assets are beginning to diverge from traditional markets amid rising global uncertainties and war tensions. According to data shared by Santiment analyst Brian Quinlivan, the cryptocurrency market has shown resilience against the S&P 500 and gold in recent weeks. An examination of the
Ric Edelman, founder of the Digital Asset Council, assessed Bitcoin’s (BTC) current price movements and future potential. According to Edelman, Bitcoin will outperform traditional investment instruments over the next 10 years thanks to its low adoption rate and limited supply. At a time when the Bitcoin price is hovering around $70,000 and uncertainty prevails in
The fast-growing market for tokenized U.S. Treasuries has a new leader. Circle (CRCL), best known as the issuer of the $USDC ($USDC) stablecoin, has become the largest provider of tokenized Treasury exposure after its USYC token expanded to about $2.2 billion in supply, according to RWA.xyz data. That growth pushed USYC past BlackRock’s USD Institutional
As institutional investors continue to increase their influence in the cryptocurrency market, US-based technology company Strategy is believed to have once again purchased a large amount of Bitcoin. According to a report published by the crypto media outlet Bitcoin Magazine, the company is estimated to have purchased approximately 2,500 more BTC today. According to the
Eli Ben-Sasson, Starknet founder and Zcash cofounder, sparked a fresh wave of discussion about the legacy of Bitcoin’s creator, Satoshi Nakamoto. The trigger was an archival screenshot from the Bitcoin Talk forum dating back 16 years, which partly confirms that early Bitcoin developers not only allowed but also welcomed the creation of alternative blockchains. Back
US equities keep climbing, but JPMorgan data show retail equity buying down about 30%, shifting crypto’s driver mix toward macro funds just as Iran, oil and inflation risks linger. Summary Nasdaq 100 and Russell 2000 are up over 1%, with the Dow also higher, reinforcing a risk‑on equity regime that historically supports $BTC and large‑cap
Jurrien Timmer, Director of Global Macro at Fidelity Investments, has doubled down on his prediction that Bitcoin has found its cyclical bottom. Timmer recently took to the X social media network to reassure market participants that the $60,000 level remains a formidable line of defense for the digital asset. “Bitcoin has continued to search for
Here’s a fun paradox: the US economy just delivered a one-two punch of stubborn inflation and weakening growth, and Bitcoin’s response was… a 3% rally. Either crypto has developed an immunity to macroeconomic gravity, or the market is pricing in something the headlines haven’t caught up to yet. The Fed’s preferred inflation gauge — the
SwissBorg, a digital asset investment platform with over $1 billion in assets under management, has obtained approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation from the French Autorité des Marchés Financiers (AMF), the firm announced Friday. The authorisation permits the platform to offer multiple crypto-asset services, including custody, administration, order execution, transfers, portfolio