Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X…
View More Millionaire Businessman Reveals Where The Real Crypto Value Is, And It’s Not Bitcoin
The Bitcoin weekly chart has printed a red candlestick in a way that has quietly preceded some corrections. This candlestick appears in the numbers: in the open, the push, the rejection, and the close. That is exactly what happened last week. The candle that formed has now drawn the attention of an analyst who has…
View More The Last Time Bitcoin Printed This Ugly Candle, It Tanked; Now It Has Returned
Data shows sentiment around Bitcoin among social media users has turned negative following the recent decline in the cryptocurrency’s price. Bitcoin Positive/Negative Sentiment Has Dropped Recently In a new Positive/Negative Sentiment for Bitcoin. This metric tells us whether the majority of social media comments aimed at a given asset are positive or negative. The indicator…
View More Bitcoin Fall Under $77,000 Triggers Spike In Social Media FUD
The US-Iran war continues to linger with the two countries yet to reach a deal, and US President Donald Trump is threatening new strikes against Iran. Amid this, Iran has moved to launch a Bitcoin-backed service as it looks to assert control over the Strait of Hormuz. U.S.-Iran War In Focus Amid Trump’s Threat and…
View More What’s The Latest With The US-Iran War And How Does It Affect Bitcoin?
Bitcoin (BTC) sits at a technical crossroads after losing a crucial support level, leading some market observers to suggest that this week’s price will be decisive for whether the flagship crypto can reclaim upside momentum or extend its recent losses. Bitcoin 21W EMA Retest To Be Decisive After closing the week at around $77,450, Bitcoin…
View More Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical
Bitcoin (BTC) has slid sharply over the past week, retracing nearly 7% and wiping out the upside that built after last week’s Senate Banking Committee markup of the CLARITY Act. That legislative momentum helped push BTC above the $82,000 area, but the coin is now changing hands around $76,700. The Bitcoin Pullback Glassnode’s latest read…
View More The Bitcoin Meltdown: What’s Behind The Drop To $76,000, And What’s Next
Crypto analyst Cyclop has provided insights into when the Bitcoin price could hit a new all-time high (ATH) above $120,000. This came as the analyst alluded to historical data indicating that BTC could bottom in this bear cycle by the last quarter of this year. Analyst Reveals When Bitcoin Price Will Hit New ATH Based…
View More Historical Data Shows How Many Days Are Left Until Bitcoin Price Hits New ATH Above $120,000
Bitcoin’s long-term chart has produced another interesting price projection, as crypto analyst Crypto Tice is pointing out a technical roadmap needed for a rally to $500,000. This Bitcoin price forecast is based on a broad ascending channel that has guided the cryptocurrency through previous support tests, midrange rallies, and rejection zones. Notably, the latest structure…
View More Analyst Says Roadmap For Bitcoin To Reach $500,000 Is Complete, Here’s Why
Strategy’s Bitcoin playbook is no longer just about buying dips. The company has turned its balance sheet into a capital machine built around one main objective of increasing the amount of Bitcoin it controls without weakening the amount of Bitcoin attached to each share. Recent filings by the company now show that it is planning…
View More Strategy Wants 1,000,000 Bitcoin Treasury And This Is How They Plan To Get To That Number
Bitcoin price started a fresh decline below the $78,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and extended losses. The price is trading below $78,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,700…
View More Bitcoin Price Extends Decline, Downside Pressure Builds Aggressively