Bitcoin started the day with a promising chance for a breakout, but the rally fizzled out at a familiar brick wall that has kept a lid on prices for more than two months. After briefly topping $76,000 — a key resistance level — the largest crypto reversed course, slipping below $74,000 later in the session.
Cryptocurrency research firm Presidio Bitcoin has published a comprehensive technical report examining the potential impact of quantum computers on the Bitcoin network. The report states that while Bitcoin is not under a direct threat in the short term, the time to take necessary precautions is “limited to years, not decades.” According to the report, the
The rapid growth of the Artificial Intelligence (AI) agent economy (AE4E) has reached a critical point in its development. The demand for high performance computing is growing exponentially; however, there is no centralized infrastructure in place to manage these entities in an organized fashion. To address the Wild West phase of decentralized AI development, NetX
Morgan Stanley’s new spot Bitcoin ETF, ticker MSBT, is the first spot $BTC fund from a major U.S. bank, and it arrived swinging. It carries the lowest fee in the category at 0.14%, posted the biggest Day 1 in Morgan Stanley’s entire ETF history, and has roughly doubled its assets under management in its first
Trump’s nominee for Federal Reserve chair, Kevin Warsh, has disclosed an equity stake in Bitcoin payments start-up Flashnet. The holding appeared in financial disclosure forms filed ahead of Warsh’s Senate confirmation hearing, which could begin as soon as this week but will most likely start next week. Flashnet positions itself as a lightning-style Bitcoin payment
Bitcoin climbed to its highest level since the early-February sell-off after US producer prices went up, but rose less than economists expected, in March, with easing oil prices and stronger equity markets adding to the rebound in risk assets. According to CryptoSlate’s data, Bitcoin surged past the $76,000 mark during early US trading hours, with
Michael Saylor published a series of posts in which he directly contrasted his STRC (Stretch) instrument with the traditional market. His main message is that Strategy has created an asset that combines the stability of the dollar with the returns of a Bitcoin empire. In his latest tweet, Saylor states that the volatility of STRC
Venture capital investor Tim Draper shared his past experiences and future expectations regarding Bitcoin (BTC) investments. Draper stated that he initially thought he should buy Bitcoin at the $4 level, but disruptions in the mining process prevented him from fully capitalizing on the opportunity. According to Draper, the team he hired to mine Bitcoin for
Bitcoin has reclaimed the $75,000 level for the second time since the outbreak of the U.S.-Iran conflict, rising 7% in the last 24 hours and adding approximately $98 billion to its market cap in a single day. The broader crypto market gained $135 billion in the same period, while $500 million in short positions were
Bitcoin price surged past $76,000 on Tuesday, hitting a four-week high and marking its strongest price move in weeks as a combination of geopolitical optimism, forced short liquidations, and institutional buying pressure drove the rally. The move began building in the evening of April 13, when bitcoin broke through a dense cluster of leveraged short