Bitcoin’s price chart indicates there could be further downside following a stumble on Monday, with Bitcoin falling 2.6% over 24 hours, a crypto analyst said. “Quite ugly daily candle,” MN Trading Capital founder Michael van de Poppe said in an X post on Monday, after Bitcoin (BTC) fell 2.6% from $122,200 to about $119,000 within…
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Strategy executive chairman and Bitcoin maximalist Michael Saylor showed no signs of worry about the growing treasury interest in Ether and other cryptocurrencies. “I think there is an explosion of innovation across the entire crypto economy, and on the margin it is good for everybody in the digital asset space,” Saylor said during a Bloomberg…
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The world’s largest asset manager, BlackRock, should not be allowed to launch a Solana exchange-traded fund (ETF) simultaneously with the US-based issuers who have already filed for one, says ETF analyst James Seyffart. “That’s messed up,” Seyffart told ETF analyst Nate Geraci in a video published to YouTube on Saturday, discussing a hypothetical scenario where…
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Ether saw the largest short position wipeout of the day across all crypto assets on Friday as its price surpassed $4,000, with some analysts saying it could be setting the stage for a short squeeze. The rally led to Eric Trump, son of US President Donald Trump, taking a jab at bearish traders. $4.1K is…
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The odds of an early Bitcoin investor buying the cryptocurrency when it was worth cents and keeping those holdings until today to make them a billionaire are extremely low, says a crypto trader. The trader, known as Techdev, shot down the notion that many traders could’ve held onto Bitcoin (BTC) from its early days in…
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Ether has continued to hold strength, signalling that altcoins may be gearing up for an explosive rally of up to 500% as early as October, says a crypto analyst. However, not all traders are convinced Ether’s (ETH) current uptrend will last. Altcoins may start posting gains by October MN Trading Capital co-founder Michaël van de…
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Sentiment among crypto market participants has again turned bullish following a modest price increase in several major cryptocurrencies over the past 24 hours. The Crypto Fear & Greed Index rose to “Greed” on Thursday with a score of 62 out of 100, recovering from a drop into “Neutral” the day before. It followed several volatile…
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Bitcoin short-term holders in profit have eased their selling activity as Bitcoin’s price continues to slowly climb above its local low of $112,000, according to onchain analytics platform Glassnode. Profit-taking among Bitcoin Short-Term Holders (STH) — those holding for less than 155 days — has “cooled off,” Glassnode said in a markets report on Wednesday.…
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Fundstrat co-founder and BitMine chairman Tom Lee said Bitcoin may still be able to reach $250,000 in 2025, despite other crypto analysts cautiously pulling back targets. “I think Bitcoin should really build upon this 120 before the end of the year. 200,000, maybe, 250,” Lee told Natalie Brunell on the Coin Stories podcast on Tuesday. …
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Altcoins’ failure to rally after Bitcoin’s recent drop to $112,000 has sparked debate about whether altcoin season is on the near-term horizon. Bitcoin (BTC) briefly fell to $112,044 on Sunday, followed by a volatile few days before reaching $113,839 at the time of publication, according to Nansen. The decline comes just weeks after the cryptocurrency…
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