BTC's price is trading at a 6-week high as its market dominance continues expanding. Bitcoin’s price continues to trend upwards, breaking above the coveted psychological and technical resistance level at $90,000. The last time it traded at this level was on March 7th – around six weeks ago. The cryptocurrency...
Analyst Explains the Hidden Link Between Tariffs and Bitcoin Gains
Bitcoin quietly climbed to six-week highs, with analysts saying tariffs might be the unexpected catalyst behind its resilience. With global trade tensions flaring and economic uncertainty gripping the markets, Bitcoin seems to be quietly charting its course above the chaos. The world’s largest cryptocurrency by market cap has defied the...
Genius Group Vows to Defy ‘Fraudsters and Market Manipulators’ Amidst Legal Ban on Bitcoin Treasury
Following legal restrictions, Genius Group begins downsizing and liquidating part of its Bitcoin Treasury to support ongoing operations. AI-powered education group Genius Group has revealed that it is being compelled to sell off its Bitcoin reserves following a restriction imposed by the US District Court (Southern District of New York),...
Massive Bitcoin, Altcoin Volatility as Trump’s Trade War Triggers Retaliation: This Week’s Crypto Recap
China's relatiation from today resulted in another volatile session in financial markets. It was another big week in the cryptocurrency markets, filled with notable developments and big price moves propelled by US President Donald Trump’s global political actions. More precisely, his Trade War that escalated this week. In what he...
Arthur Hayes Predicts Money Printing Boom, Bullish for Bitcoin
Hayes sees Trump's tariffs forcing central banks to restart money printing, and predicts this will send Bitcoin soaring to new highs. BitMEX co-founder Arthur Hayes believes the economic chaos triggered by U.S. President Donald Trump’s sweeping tariffs will inevitably lead to a monetary easing cycle, which, in his view, will...
Bitcoin Price Analysis: BTC May Drop to $68K if $80K Support Fails
Bitcoin continues to hover near the $82,000–$85,000 range as buyers struggle to regain momentum, while key on-chain data hints at interesting underlying dynamics. Technical Analysis By Edris Derakhshi The Daily Chart On the daily timeframe, BTC is attempting to defend the $80K support zone after another rejection from the $88,000...
GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan
The development came after GameStop’s board unanimously approved an update to add BTC to its investment policy. Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior...
Is Bitcoin Repeating History? A Look at On-Chain Data Trends
Historical on-chain data signals that BTC may be repeating history, so there is still more room for growth in this bull cycle. Bitcoin’s (BTC) recent price movements have raised speculations about the possible end of the bull market and the onset of a bear season. Investors are wondering if the...
BlackRock Expands Crypto Presence in Europe with Launch of Bitcoin ETP
BlackRock’s expansion into Europe comes with a temporary fee waiver to position the Bitcoin ETP as one of the cheapest options. BlackRock, the world’s largest asset manager, has expanded its footprint in the cryptocurrency market by launching its first Bitcoin exchange-traded product (ETP) in Europe. The iShares Bitcoin ETP began...
Bitcoin’s MVRV Ratio Falls to Yearly Lows – Is This the Ultimate Buy Signal?
Despite the weakened sentiment, Bitcoin's MVRV ratio hints at a potential recovery after significant investor position reductions. According to CryptoQuant, the cryptocurrency market is currently in an oversold state following a strong correction. Bitcoin holdings for less than one month saw a notable surge in March and December 2024, reaching...