Key takeaways: Another Bitcoin price pullback to $117,000 is possible before the uptrend resumes. A classic chart pattern puts BTC price on course for $145,000 in the next few months. Bitcoin (BTC) reached a six-week high of $119,500 on Thursday, following a 10% rise from its local low of $108,650 seven days prior. BTC has…
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Opinion by: Carel van Wyk, CEO of MoneyBadger “Hodl” is the rallying cry for many in the typical Bitcoin community because they believe they should spend “bad money” (fiat) and hoard “good money” (Bitcoin) as it may appreciate in value. But they misunderstand Gresham’s Law, which says, “Bad money drives out good,” because today, there…
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“South Park” extended its running gag on cryptocurrency in a recent episode, taking aim at prediction markets, trading apps, US regulators and politicians tied to the industry. Now in its 27th season, the animated series has built its reputation on unhinged satire of global events. Crypto has repeatedly taken some hits. Not everyone enjoys being…
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Tether’s USDt and Circle’s USDC, the two largest stablecoins by market capitalization, have slowly lost market share in the past year, suggesting a major shift in the stablecoin landscape. Despite Tether’s USDt (USDT) and Circle’s USDC (USDC) steadily increasing their market caps, the stablecoins have lost more than 5% of their combined market share since…
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United Kingdom officials are weighing whether to retain billions of dollars in gains from seized Bitcoin tied to a massive fraud case, rather than redistributing the full amount to victims, according to the Financial Times. According to a Thursday Financial Times report, the UK High Court may decide to reimburse only the original value of…
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United Kingdom officials are weighing whether to retain billions of dollars in gains from seized Bitcoin tied to a massive fraud case, rather than distributing the full, current value to victims, according to the Financial Times. According to a Thursday Financial Times report, the UK High Court may decide to reimburse only the original value…
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Bitcoin may surge to a new all-time high of $150,000 before the end of 2025 as investors pile into safe-haven assets alongside gold, according to Capriole Investments founder Charles Edwards. Bitcoin’s (BTC) recovery above the $120,000 psychological mark may lead to a “very quick” breakout to a $150,000 all-time high, Edwards told Cointelegraph during an…
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Key points: Bitcoin may have topped out at $119,500 as price indicators flip “overbought.” Traders eye a support retest to consolidate its latest rebound, which is nearing 10% in a week. ETF inflows total $1.6 billion in three days, with IBIT breaking into the top 20 ETFs by assets. Bitcoin (BTC) is ready for a…
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Digital asset treasury companies will eventually consolidate under a few larger players as the cycle matures and companies try to attract investors, according to Coinbase’s head of investment research, David Duong. Speaking to Cointelegraph, Duong said outside of strategies to boost share prices, “companies may start to pursue mergers and acquisitions, much like the recent…
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Crypto markets have surged over the past day, culminating in a seven-week high for Bitcoin as the historically bullish month of October begins. Bitcoin (BTC) prices have skyrocketed 4% over the past 24 hours, with the world’s leading digital asset hitting $119,450 on Coinbase in early trading on Thursday, according to TradingView. This is the…
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