The crypto trader who supposedly made millions shorting the crypto market before US President Donald Trump’s tariff announcement appears to have profited again by betting that Trump would pardon the founder of Binance. On-chain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly…
Read more
Bitcoin is at risk of breaking a crucial support price level as US-based spot Bitcoin ETFs have continued to bleed red after the recent crypto market crash, according to analysts from Bitfinex. “The lack of institutional accumulation has made the $107,000 to $108,000 zone increasingly difficult to defend as support,” Bitfinex analysts said in a…
Read more
Planets would almost need to align for Bitcoin to reach $250,000 by the end of the year, according to Galaxy Digital CEO Mike Novogratz. Several crypto executives have recently doubled down on their $250,000 Bitcoin (BTC) predictions by year-end. “The end of the year is only two and a half months away,” Novogratz said during…
Read more
Bitcoin’s price chart has started to show similarities to the soybean market around 50 years ago, which saw prices top before plummeting 50% as global supply began to outweigh demand, warns veteran trader Peter Brandt. However, other Bitcoin (BTC) analysts are confident that the charts are signaling further upside ahead. “Bitcoin is forming a rare…
Read more
Kraken boss David Ripley has fired back against a senior executive of the American Bankers Association, who argued that stablecoins yield is a “detriment” to banks’ abilities to support their community. ABA’s senior vice president of innovation and strategy, Brooke Ybarra, said if major crypto exchanges such as Kraken or Coinbase were allowed to pay…
Read more
Investors are becoming more discerning of Bitcoin treasury companies as the “euphoria” over Bitcoin-stacking firms is starting to wane, according to a Bitcoin treasury executive. There are currently 205 publicly listed Bitcoin (BTC) treasury companies worldwide. But their sheen has started to dull, with several firms that have adopted the strategy seeing their market net…
Read more
Bitcoin may struggle to sustain its upward trend unless something triggers more excitement among investors, according to Glassnode. “Without a renewed catalyst to lift prices back above $117.1k, the market risks deeper contraction toward the lower boundary of this range,” Glassnode said in a report published on Wednesday. Bitcoin (BTC) is trading at around 5%…
Read more
Bitcoin could reclaim its all-time high of $125,100 in the coming week, but not without one more major correction, according to veteran trader Peter Brandt. “Either a huge shakeout, which would be confirmed by an ATH quickly within the next week or so,” he said, though he acknowledged there could also be a much more…
Read more
Friday’s crypto market plunge may actually mark the early stages of a bull run, a crypto trader said. “I think there’s a very high chance this is the start of the bull market,” crypto trader Alex Becker said in a video published to YouTube on Saturday. “I think selling right now could be the stupidest…
Read more
Crypto retail traders were quick to blame Friday’s broader crypto market decline on US President Donald Trump announcing a 100% tariff on China, as they often look for something to point the finger at during downturns, according to Santiment. Analysts, however, say the reason for the market slump runs deeper than the tariffs alone. “This…
Read more