Bitcoin is becoming increasingly unattainable for average investors, raising questions about whether the current bull market can sustain its momentum beyond the traditional four-year cycle. Crypto market intelligence company 10x Research suggested Bitcoin (BTC) is becoming too expensive for sustained retail purchases, a development that may endanger the predicted extension of the current bull market…
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Key points: Bitcoin begins to find a local floor, with analysis highlighting several key lines in the sand. RSI signals demand upside continuation as longer timeframes remain in doubt. The Fed rate-cut decision begins to show in cooling US stocks’ performance. Bitcoin (BTC) tested key resistance on Tuesday, with traders bullish on BTC price upside.…
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Investors are closely watching the launch of the first Solana staking exchange-traded fund (ETF), a move expected to inject billions of dollars into Solana and the broader altcoin market. At least three altcoin ETFs are expected to launch later on Tuesday: Bitwise’s Solana (SOL) ETF and Canary’s Litecoin (LTC) and Hedera (HBAR) ETFs, according to…
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Tokyo-listed Bitcoin treasury company Metaplanet Inc. unveiled a 75 billion Japanese yen (about $500 million) share repurchase program backed by a Bitcoin-collateralized credit facility, following a decline below 1 of its market-based net asset value (mNAV). In a Tuesday announcement, the company said the move aimed to maximize Bitcoin (BTC) yield per share and restore…
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KR1, a crypto staking company based on the Isle of Man, is preparing to move its listing from the small-cap Aquis exchange to the main market of the London Stock Exchange (LSE). Co-founder Keld Van Schreven told the Financial Times that the move, expected to be completed next month, represents “a starter gun for this…
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Trading platform Kalshi has sued the New York State Gaming Commission, accusing it of overstepping its jurisdiction by issuing a cease and desist order for allegedly illegally offering sports betting in the state. Kalshi claimed in its complaint filed in a Manhattan federal court on Monday that the state regulator can’t oversee the platform, as…
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Venezuela’s dependence on US-dollar pegged stablecoins could deepen amid a new threat of war, ongoing sanctions and the hyperinflation of the bolívar. Earlier this week, the US Department of Defense deployed its most advanced aircraft carrier to the Caribbean near Venezuela, as President Donald Trump signaled plans to conduct military strikes against drug cartels operating…
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A US lawmaker is seeking to ban US President Donald Trump, his family, and members of Congress from trading crypto or stocks. US Representative Ro Khanna, a Democrat representative from California’s 17th Congressional District and vice-chair of the Congressional Progressive Caucus, used an appearance on MSNBC to raise concerns around Trump’s apparent conflict of interest…
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Public companies that buy and hold Bitcoin and Ether have largely stopped accumulating since the market tumbled earlier in October, a move signaling a recent lapse in confidence. Digital asset treasury (DAT) companies that buy Bitcoin (BTC) “have largely ghosted the post-Oct 10 drawdown and are yet to re-engage,” Coinbase Institutional global head of investment…
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