Bitcoin traded at $70,646 on Saturday morning at 8:30 a.m., holding within a narrow intraday range as technical indicators reflected a broadly neutral stance across key timeframes. Market participants continue to monitor consolidation near the $70,000 level as momentum signals diverge and volatility compresses. Bitcoin Chart Outlook Price action on the daily chart shows bitcoin
According to analysis shared by CEX.IO, long-term holding continues to be a defining strategy in the cryptocurrency market. The “diamond hands” metric measures the percentage of a digital asset’s supply that has remained inactive for extended periods, typically over one year. This indicator provides valuable insight into investor sentiment, particularly during phases of market uncertainty.
Japan has taken a bold step that could reshape the global crypto landscape. The government has reduced the tax on Bitcoin capital gains from a staggering 55 percent to a much lower 20 percent. This major shift signals a clear intent to support innovation and attract more investors into the digital asset ecosystem. Many market
Bitcoin traders are paying record prices for downside protection, according to VanEck’s mid-March 2026 Bitcoin ChainCheck, a sign that investors remain defensive even as spot prices begin to stabilize. In the report, senior VanEck analysts said bitcoin’s 30-day average price fell 19% from the prior period, while realized volatility dropped from about 80 to just
Coinbase CEO Brian Armstrong believes Bitcoin is a viable alternative that helps to stabilize the US economy. In his latest post on X, Armstrong noted that the cryptocurrency helps to control US inflation. Bitcoin is a check and balance on inflation. When spending gets too far out of hand, capital moves to Bitcoin. Competition benefits
Spot Bitcoin ETFs continue to attract attention as market dynamics shift rapidly. Recent data shows a short term pullback in investor activity. However, the broader trend tells a very different story. Investors now watch closely as flows reveal mixed signals across different timeframes. Spot Bitcoin ETFs recorded net outflows of $52.1 million recently. This marks
Cryptocurrency analyst Joao Wedson shared a noteworthy market assessment regarding the relationship between gold and Bitcoin. According to Wedson, the excessive optimism observed in the gold market at the beginning of the year was a classic “peak buying” signal, and this expectation was quickly realized. Wedson noted that gold experienced a strong increase in volatility
The Algorand Foundation on Wednesday joined the ranks of crypto firms slashing headcount, losing 25% of its fewer than 200 employees and citing “the uncertain global macro environment” and a broader crypto downturn. The cuts arrived as a wave of layoffs proliferates across the industry. In February, Gemini Space Station (GEMI) said it would eliminate
Strategy (MSTR), already the world’s biggest corporate holder of bitcoin $BTC$70,749.09, is on track to record its second-largest quarterly accumulation, continuing its aggressive treasury expansion even as the cryptocurrency’s price sank 20%. Since January, the company has bought 89,618 $BTC, bringing its total holdings to 761,068 $BTC. With two Mondays still left for potential purchase
Federal Reserve Board member Christopher Waller made noteworthy comments regarding interest rate policy in his recent statements. Waller stated that he initially considered calling for interest rate cuts following the weak employment data released in February, but increased inflation risks and geopolitical developments changed his view. Speaking in an interview with CNBC, Waller stated that