The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran. The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin (BTC) falling 2.8% to…
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Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, has received approval from the US Securities and Exchange Commission (SEC) for its registration statement tied to its $2.3 billion Bitcoin treasury deal. According to a June 13 SEC filing, the…
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Bitcoin has tumbled closer to the psychologically important $100,000 price level, dashing traders’ hopes of a new all-time high after Israel launched a series of airstrikes on Iran. Explosions reportedly rocked Iran’s capital of Tehran at 22:50 UTC on Thursday before Israel claimed responsibility for the attacks, which saw Bitcoin (BTC) drop 2.8% from $106,042…
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Crypto analysts are skeptical of veteran trader Peter Brandt’s recent speculation on X that Bitcoin could repeat its 2022 pattern and correct by 75%. “Never say never; it just feels very unlikely at the moment,” Swyftx lead analyst Pav Hundal told Cointelegraph. Peter Brandt says it “doesn’t hurt to ask” It comes after Brandt’s recent…
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Bitcoin sell pressure will have evaporated once it crosses the $130,000 mark, according to Bitwise CEO Hunter Horsley. “I think once Bitcoin breaks through, e.g., $130-150k, no one is going to sell their Bitcoin,” Bitwise CEO Hunter Horsley said in an X post on Wednesday. Galaxy Digital founder Mike Novogratz recently said the price range…
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The market’s expectation of Bitcoin surging to new highs could prevent it from happening in the near term, but that doesn’t rule out the possibility of Ether surprising investors, analysts say. Santiment analyst Brian Quinlivan told Cointelegraph on Wednesday that the analytics firm is “seeing an anticipation for Bitcoin’s next ‘all-time high’ across social media.…
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Strategy’s Michael Saylor has rebuffed fears that a crypto market winter will return, suggesting Bitcoin’s increased adoption and constrained daily supply will see it rally to $1 million. “Winter is not coming back,” Saylor told Bloomberg on Tuesday. “We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million.” Billion-dollar asset…
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Bitcoin may be on the verge of reclaiming its all-time high of $111,970, but crypto analysts say there’s little fundamental support for the asset to meaningfully break above the level. “The risk of a short-term correction continues to build — especially in the absence of a strong catalyst to push Bitcoin decisively above the current…
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BlackRock’s spot Bitcoin exchange-traded fund has become the fastest ETF in history to surpass $70 billion in assets under management. “IBIT just blew through $70b and is now the fastest ETF to ever hit that mark in only 341 days,” ETF analyst Eric Balchunas said in a June 9 X post. IBIT could surpass Satoshi…
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Tether CEO Paolo Ardoino says the stablecoin issuer has no intention of going public, just days after rival Circle made its debut on the New York Stock Exchange (NYSE). “No need to go public,” Ardoino said on June 7, just two days after Circle, which is behind the stablecoin USDC (USDC), entered the public market…
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