A popular crypto strategist says that the altcoins currently showing market strength despite Bitcoin’s (BTC) downturn may spearhead the next digital asset rally. Pseudonymous analyst Credible Crypto tells his 463,000 followers on the social media platform X that payment tokens Litecoin (LTC) and XRP may soon be top market performers as they hold key support…
US inflation data has injected renewed optimism into the Bitcoin and broader cryptocurrency markets. In January, the Personal Consumption Expenditures (PCE) inflation—the Federal Reserve’s preferred measure—fell to 2.5%, precisely in line with expectations. Core PCE inflation was reported at 2.6%, also matching forecasts, marking the first decline in PCE inflation since September 2024. Bitcoin And…
March 1, 2025 06:11:35 UTC U.S. Lawmakers Push to Stop Trump Memecoin U.S. House Democrats have introduced the MEME Act, targeting the promotion of memecoins, including Trump’s memecoin, by government officials. California Rep. Sam Liccardo criticized President Trump for promoting the coin, which allegedly caused $2 billion in losses for 800,000 Americans. The move follows…
Elon Musk’s repeated warnings on America being on the verge of bankruptcy may have just got support. It comes from the renowned businessman and author Robert Kiyosaki. In a post on Elon Musk-owned social media platform Twitter, Kiyosaki blamed problems with America’s “Monetary System”. While he and Elon Musk may not entirely be on the…
Bitcoin has shown a continuation to its crash during the last 24 hours. Here’s what on-chain data says regarding whether a bottom is close or not. Bitcoin NVT Golden Cross Is Now In Oversold Territory As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin NVT Golden Cross has witnessed a sharp…
Former US President Donald Trump speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, … [+] on Saturday, July 27, 2024. Trump said he would ask the government to create a massive reserve of Bitcoin if he returns to the White House in a bid to court cryptocurrency enthusiasts and harness the industry’s growing…
BlackRock is including iShares Bitcoin Trust (IBIT) in its model portfolio offerings, the asset management giant confirmed to Decrypt on Friday. The world’s largest asset manager is adding a 1% to 2% IBIT share to its target allotment for Target Allocation with Alternatives and the Target Allocation with Alternatives Tax-Aware portfolios, which are aimed at…
LA LIBERTAD, EL SALVADOR – NOVEMBER 20: President of El Salvador Nayib Bukele speaks during the … [+] inauguration of a new Vijosa Laboratories plant on November 20, 2023 in La Libertad, El Salvador. (Photo by Alex Peña/Getty Images) Getty Images El Salvador’s Bitcoin Law changes have made the legal tender status of bitcoin at…
States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York. “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report. …
A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto analyst Rekt Capital on X (formerly Twitter),…