Crypto market sentiment has held steady despite Bitcoin tumbling almost 2% over the past day to change hands close to the $105,000 price level. The sentiment-tracking Crypto Fear & Greed Index posted a “Greed” score of 63 out of 100 on Wednesday, slipping one point from Tuesday, as Bitcoin (BTC) pulled back 1.79% in a…
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Bitcoin’s nearly three-month rally may be losing steam as buying pressure weakens and more traders start taking profits, crypto analysts say. “For the first time in that uptrend, momentum has begun to fade,” Bitfinex analysts said in a markets report on Monday. Since Bitcoin (BTC) fell to its year-to-date low of $73,273 on April 9,…
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A Human Rights Foundation executive told a room full of US politicians that Bitcoin continues to prove itself as a powerful tool against authoritarian control, offering an alternative to the mounting ways fiat currency can be manipulated and controlled. “With Bitcoin, the ability of these leaders to do these things is completely decimated,” Human Rights…
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ETF provider REX Shares is on the verge of launching the first-ever Solana staking exchange-traded fund (ETF), following what analysts describe as a successful response to feedback from the US Securities and Exchange Commission (SEC). “Rex also filed an updated prospectus, which totally filled in. Add it all up, and it appears as though all…
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Bitvavo has become the latest crypto exchange to be granted a Markets in Crypto-Assets (MiCA) license by the Dutch Authority for Financial Markets (AFM), allowing it to operate across Europe under the new regulatory framework. Bitvavo co-founder and CEO Mark Nuvelstijn confirmed the news in a statement on Friday and expressed his full support for…
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Crypto exchange Gemini has launched a tokenized version of Michael Saylor’s Strategy (MSTR) stock for users in the European Union, allowing them to invest in the Bitcoin-buying firm onchain. “Traditional financial rails are hard to access and in need of modernization,” Gemini said in a statement on Friday. More tokenized stocks and ETFs are coming…
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Analysts say the US dollar hasn’t shown its usual safe-haven strength during the recent Iran-Israel conflict, while Bitcoin is rising in another attempt to reach its $111,970 all-time high. “The dollar index is dabbling in new cycle lows today,” macroeconomist Lyn Alden said in a post on Wednesday. “Barely got any flight-to-safety bid in the…
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Michael Saylor’s MicroStrategy (MSTR), which trades as Strategy, has a high chance of qualifying for the S&P 500 as long as Bitcoin doesn’t drop more than 10% before the end of the second quarter, an analyst says. “I believe there is about a 91% chance of MSTR qualifying for the S&P 500 in Q2,” financial…
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US crypto stocks surged alongside the broader market on Tuesday after a shaky ceasefire between Iran and Israel brokered by US President Donald Trump largely held. Trump declared the ceasefire on social media on Monday, claiming it would “go on forever,” but both nations reportedly launched missile strikes shortly after the ceasefire went into effect,…
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Blockstream CEO Adam Back says Michael Saylor’s Strategy (MSTR) stock premium is within reason, considering how fast the firm’s market net asset value (mNAV) has historically reduced risk exposure for investors. “It turns out in the case of MicroStrategy it’s been 16 months, 18 months,” he told Bitcoin podcaster Stephan Livera at BTC Prague on…
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