Bitcoin’s price dropped by over 25% during the Aug. 5 global market rout. However, emerging signals suggest that this decline could be a bear trap, and the price may return to its course toward a new … Why Bitcoin is still poised to break $74K before end of yearRead more
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Expect Bitcoin ETF options to launch before 2025
After gathering dust for months, applications to list options on spot Bitcoin (BTC) exchange-traded funds (ETFs) are finally getting attention from regulators. Expect BTC ETF options to start trading on United States exchanges this year. … Expect Bitcoin ETF options to launch before 2025Read more
Harris campaign’s crypto ‘reset’ questioned amid Fed crackdown
The enforcement action taken by the United States Federal Reserve against the crypto-friendly Customers Bank has sparked speculation that Vice President Kamala Harris’ presidential campaign may not be genuine in its efforts to mend relations … Harris campaign’s crypto ‘reset’ questioned amid Fed crackdownRead more
Bitcoin price must flip $62K to avoid worst ‘death cross’ consequences
Bitcoin can beat its imminent “death cross” if it flips $62,000 to support, the latest analysis says. In a dedicated X thread on Aug. 9, popular trader Benjamin Cowen used history to suggest how bulls might … Bitcoin price must flip $62K to avoid worst ‘death cross’ consequencesRead more
Metaplanet secures 1B yen loan to buy more Bitcoin
Japanese investment firm Metaplanet has just resolved to secure a $6.8 million loan (1 billion Japanese yen) from one of its shareholders to buy more Bitcoin. The loan from MMXX Ventures — a Metaplanet shareholder … Metaplanet secures 1B yen loan to buy more BitcoinRead more
India has no plans to regulate crypto sales and purchases
The Indian government revealed no immediate plans to regulate the sales and purchase of cryptocurrencies as it continues to tighten oversight on crypto-related money laundering and terror financing. During a parliamentary meeting on Aug. 5, … India has no plans to regulate crypto sales and purchasesRead more
News Commentary #1,996 – NewBond announces 250 days online ..?
NewBond announced 250 days online of workflow with investors and made an announcement about latest updates of the website. Let’s see if the program can get the next target of 365 – 366 days, which … News Commentary #1,996 – NewBond announces 250 days online ..?Read more
Robinhood says its 24-hour trading ‘currently operating’
Amid reports suggesting that Robinhood halted its 24-hour trading, the company has declared that the service is currently intact. “Our overnight trading session is currently operating,” a spokesperson for Robinhood told Cointelegraph when asked to … Robinhood says its 24-hour trading ‘currently operating’Read more
Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?
Bitcoin (BTC) is in a free fall, breaking below the psychological $60,000 support on Aug. 4. Bitcoin came under intense selling pressure this week as traders reduced risk following the roughly 6% plunge in the … Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?Read more
BTC price slumps to $62K as Bitcoin bulls bet on M2 money supply
Bitcoin (BTC) sought to reclaim $62,000 on Aug. 3 as markets inched higher after a fresh liquidation cascade. BTC/USD 4-hour chart. Source: TradingView BTC price tests $60,000 in stocks sell-off Data showed a 3% BTC price … BTC price slumps to $62K as Bitcoin bulls bet on M2 money supplyRead more
Trump floats paying off $35T national debt using Bitcoin
Former President Donald Trump recently proposed using Bitcoin (BTC) or a “crypto check” to pay off the United States government’s staggering $35 trillion national debt and avert a looming debt crisis In an interview with Maria … Trump floats paying off $35T national debt using BitcoinRead more
How long will Bitcoin’s price consolidation last?
Since the April 20 Bitcoin halving, Bitcoin (BTC) price has been consolidating in a wide range that extends from $58,000 to $72,000. However, according to technical chart patterns and various indicators, Bitcoin price could be … How long will Bitcoin’s price consolidation last?Read more
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
The growing national debt of the world’s largest economy, the United States, could catalyze mass Bitcoin adoption, according to analysts. On July 30, the US federal government’s national debt surpassed $35 trillion for the first … $35T US national debt could bolster Bitcoin’s adoption as ‘hard money’Read more