Bitcoin is experiencing its third major profit-taking wave of the current cycle, driven by "new whales" realizing gains above the $120,000 mark. Realized profits surged to between $6 billion and $8 billion, mirroring previous market tops and signaling a strategic redistribution phase in the market.
Bitcoin is experiencing its third major profit-taking wave of the current cycle, driven by "new whales" realizing gains above the $120,000 mark. Realized profits surged to between $6 billion and $8 billion, mirroring previous market tops and signaling a strategic redistribution phase in the market.
Bitcoin is trading in a tight range as markets digest the latest US macroeconomic data. The Federal Reserve held interest rates steady, while GDP figures, impacted by tariffs, suggest an economic slowdown, creating an uncertain environment for risk assets.
Bo Hines, executive director of the President's Council of Advisers on Digital Assets, confirmed the Trump administration is moving forward with plans for a strategic Bitcoin reserve. Hines stated that progress will be made "in short order," emphasizing the administration's commitment to the...
Strategy, formerly known as MicroStrategy, has reinforced its position as the largest corporate holder of Bitcoin by purchasing an additional 21,021 BTC. The acquisition was funded by the proceeds of a $2.5 billion preferred stock offering, marking the largest U.S. public offering of 2025 so far.
Billionaire investor Ray Dalio has recommended a 15% portfolio allocation to Bitcoin or gold to hedge against the U.S. "debt doom loop" and currency devaluation. While he personally prefers gold, he views both assets as effective diversifiers in an uncertain economic climate.
Bitcoin is showing strong bullish momentum, with its price rebounding to approach key resistance levels around $120,000. Analysts point to positive technical indicators and heightened market sentiment, as bulls appear to be controlling the trend amid resurgent trading volume and institutional interest.
The prediction of Bitcoin reaching $1 million is gaining traction, with proponents like Cathie Wood and Jack Dorsey. Such a milestone would reshape global wealth, benefit early investors, and...
Bitcoin consolidation near all-time highs could lead to an upward push to $135K, according to data. Bulls haven't ceded much ground, hinting at a potential breakout. Analysts are closely watching...
French lawmakers have proposed a five-year pilot program to utilize surplus nuclear energy for Bitcoin mining. The initiative aims to reduce energy waste, improve grid stability, and increase...
Rumors are circulating that the US has sold off 80% of its Bitcoin reserves, causing concern. However, Arkham Intelligence indicates the US still holds approximately 198,000 BTC. Senator Lummis...
Analysts predict Bitcoin could reach $150,000, driven by legislative developments, institutional adoption, and macroeconomic factors. Bitcoin's current price hovers around $119,000, with bullish outlooks.
A new Bitcoin Improvement Proposal (BIP) aims to tackle the threat posed by quantum computers by phasing out Bitcoin's legacy signature schemes in favor of quantum-resistant alternatives. The...
