The absence of “concrete actions” from the Bitcoin Strategic Reserve has options traders dialing back their near-term bullish outlook, according to a crypto analyst.
Bitcoin's holders, all of them, might be key to assessing where the crypto will head next.
Executive orders and ETF flows drive Bitcoin sentiment, with SBR expectations eyeing a breakout above $100K.
Bitcoin (BTC) is maintaining its position near $104,000 after the Bank of Japan (BOJ) raised its benchmark interest rates to the highest level in 17 years. While the global financial markets saw some volatility due to the policy change, Bitcoin and other risk assets managed to hold steady, signaling a shift in market focus.
Bitcoin has been navigating through a period of significant volatility recently, but one thing is clear – demand from retail investors remains strong, especially around the critical $100,000 price level. Despite the price fluctuations, Bitcoin continues to show resilience as it holds above this key support.
It has not been all rosy in the past week, but the digital asset market has reacted fairly well to the start of Donald Trump's new administration. Specifically, the Bitcoin price has been able to weather the uncertain storm clouding the cryptocurrency market over the past few days.
David Solomon, the CEO of Goldman Sachs, has expressed his belief that Bitcoin and other cryptocurrencies will not be able to dethrone the US dollar's position as the global currency. Speaking at a recent event, Solomon stated that while Bitcoin and digital assets have gained attention, their volatility makes them unsuitable for competing with traditional fiat currencies like the dollar.
Ohio's Bitcoin bill could set a precedent for state-level crypto investments, potentially influencing national economic strategies and policies. The post Vivek Ramaswamy backs Ohio's new strategic Bitcoin reserve bill appeared first on Crypto Briefing.
Blackrock's CEO believes that institutional bitcoin adoption could push BTC's price to $700,000, highlighting its role as a hedge against currency debasement and financial instability.
Activity has been high all around the Bitcoin market, but certain events and findings could change that soon.
A well-known crypto analyst is predicting that a top-10 altcoin, XRP, could be on the verge of its next big rally, while also offering an optimistic outlook for Bitcoin and Stellar Lumens (XLM). Altcoin Sherpa, a popular figure in the crypto community, shared his analysis with over 240,000 followers on the social media platform X, highlighting upcoming price movements for some of the most talked-about cryptocurrencies.
This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose a notable financial obligation on the firm.
Through a series of gains and losses in the past week, the price of Bitcoin (BTC) recorded no significant overall change indicating widespread market uncertainty despite the inauguration of pro-crypto Donald Trump as US President. Interestingly, blockchain analytics company Glassnode notes that wider developments point to a bullish future for the flagship crypto asset.
American financial analyst and author of the bestseller Rich Dad Poor Dad, Robert Kiyosaki, outlined two reasons why Bitcoin is better than the US dollar. In a recent post, Kiyosaki shared his positive view regarding the crypto and emphasized Gresham's Law and Metcalfe's Law as the core principles that support his view.
Bitcoin's (BTC) recent performance has left many investors and traders wondering: What's next for the world's leading cryptocurrency? As profit-taking in the market has dramatically decreased by 93% since December, the next move for Bitcoin could shape the future of the market.
The purchasing frenzy of short-term Bitcoin holders, combined with the constant accumulation by long-term investors, creates a particularly favorable context for 2025. This dynamic could keep the BTC price above 100,000 dollars in the coming months, according to the latest analyses.
Pro-XRP lawyer John Deaton explained ways the United States crypto community could achieve a strategic reserve during Donald Trump's second term in the White House. Talks about a Bitcoin strategic reserve gained steam after Trump restated his commitment to making the United States the world's crypto and Artificial Intelligence (AI) capital.
Asset management giant BlackRock is pushing for a significant update to its spot Bitcoin (BTC) exchange-traded fund, the iShares Bitcoin Trust, to allow in-kind redemptions rather than just for cash.
United States President Donald Trump has come through with a highly-anticipated executive order on crypto.
Bitcoin's (BTC) recent performance has left many investors and traders wondering: What's next for the world's leading cryptocurrency? As profit-taking in the market has dramatically decreased by 93% since December, the next move for Bitcoin could shape the future of the market.
Michael Saylor, co-founder of the MicroStrategy behemoth and a renowned Bitcoin believer, has taken to his account on the X social media network (formerly popular as Twitter) to send yet another daily BTC-themed message to his multi-million army of followers.
Bitcoin hit a new high as President Donald Trump made big moves after his inauguration—like freeing Silk Road founder Ross Ulbricht.
Bitcoin is demonstrating resilience after a volatile week marked by an undecisive market. Holding strong above the critical $104,000 level, the leading cryptocurrency appears well-positioned for continued growth.
Bitcoin is attempting to breach the critical barrier at $106,000, aiming to rally and set a new all-time high (ATH).
Donald Trump's crypto policies have ignited a sense of optimism within the industry, hinting at a new era of growth and innovation. The US Securities and Exchange Commission's decision to rescind SAB 121 has further fueled confidence.
Nasdaq suggests in-kind creation and redemption for the BlackRock ETF. The in-kind concept could improve Bitcoin ETF efficiency for institutions.
Trump shifts focus to a U.S. digital asset reserve, sparking debates over XRP's potential inclusion. Ripple's lobbying efforts, critics claim, influence U.S. crypto policy direction.
Bitcoin (BTC) is on the brink of potentially making new all-time highs, according to prominent cryptocurrency analyst Rekt Capital, who accurately predicted the coin's pre-halving correction last year. Rekt Capital, who has over 105,000 subscribers on YouTube, suggests that Bitcoin is nearing the end of its corrective phase and could soon enter a new price discovery phase, where the cryptocurrency trades at unprecedented levels.
With nearly $40 billion in cumulative net inflows since launch, U.S.-based Bitcoin ETFs are setting new records as a seven-day inflow streak continues.
In a significant development amid evolving regulatory landscapes in the United States, Ohio has introduced a bill aimed at establishing a Strategic Bitcoin Reserve. Spearheaded by Majority Whip Steve Demetriou and supported by six co-sponsors, the legislation seeks to enhance the state's treasury reserves by allowing the allocation of funds into Bitcoin.
DXY tumbles amid easing trade fears and rate cut bets. Gold shines as inflation hedge, the euro rallies on growth hopes, and Bitcoin soars on Trump's crypto plan.
As shown by the ongoing rise of a galaxy of different cryptocurrencies that coexist alongside fiat-based currencies distributed by governments, money isn't what it used to be. Of course, when it comes to buying goods and services in the real world, there's still no substitute for cold hard cash, so your main medium of value exchange isn't going away.
Bitcoin is nearing a key resistance level that could decide its next big move. Will it break through and soar higher, or face a pullback?
Pierre Rochard, Vice President of Riot Platforms, recently accused Ripple Labs of being the main obstacle to the creation of a strategic Bitcoin (BTC) reserve in the United States. According to Rochard, Ripple is actively pushing for a multi-asset reserve that includes XRP, rather than an exclusive BTC reserve!
In an audacious assertion, Joshua Dalton, the founder of IT service company Triblu LLC, has suggested that XRP could act as a more feasible strategic reserve for the U.S. strategic reserve for the U.S. than Bitcoin, the world's largest and oldest cryptocurrency.
Bears are back in the game at the beginning of the weekend, according to CoinStats.
In the last two weeks, Ripple's XRP naysayers have launched an onslaught on the token's contribution to the crypto industry. They are seemingly unhappy with XRP's name being floated around President Donald Trump's proposed US federal crypto stockpile, as some believe Ripple's native token is “not a crypto.
Following the 2024 Bitcoin halving, miners are diversifying into AI and HPC to stabilize revenue streams, leveraging existing infrastructure to meet AI's growing demand.
Bitcoin's HODLing sentiment highlighted a strong belief in its long-term value.
Crypto analyst Tony Severino has provided an ultra-bullish outlook for the Bitcoin price, predicting that the flagship crypto could rally to as high as $321,000. The analyst admitted that this target was too high for BTC but added that it was simply the “math.
Bitcoin large transactions have exploded in recent days, with the number of BTC transactions over $100,000 doubling in the past week, according to a recent tweet published by crypto analyst Ali.
Sell pressure has declined significantly, but Bitcoin demand growth has slowed, with large investors just entering their reaccumulation phase.
Bitcoin continues to attract the attention of investors, galvanized by bold forecasts projecting its price beyond $150,000 in the coming years. However, on-chain data reveals warning signals.
The U.S. Securities and Exchange Commission (SEC) has recently reversed a controversial rule, opening the door for banks to officially custody Bitcoin. This decision has been hailed as a pivotal moment for the crypto industry, signaling a new phase in the relationship between traditional financial institutions and digital assets.
Bitcoin's price has been gradually rising over the past few weeks, paving its way toward a new record high, which arrived on Monday. However, it lost some momentum, and the question is what will happen next.
Bitcoin's price has been on an impressive upward trajectory lately, making headlines across the financial world. As the flagship cryptocurrency nears its all-time high once again, Glassnode's lead analyst, James Check, has shared his perspective on Bitcoin's future.
Real estate firm Fathom, which trades publicly on the Nasdaq, is adopting a Bitcoin reserve strategy by buying the cryptocurrency.
On-chain data shows the Bitcoin transaction volume has seen a sharp plunge since its high last year. Here's what this could imply for BTC.