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Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience. Selling could accelerate if the…
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Bitcoin (BTC) price has been consolidating within a roughly $5,500 range since March 9 as the $84,000 level represents stiff overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows BTC price oscillating between $78,599 and $84,000, as shown in the chart below. BTC/USD daily chart. Source: Cointelegraph/TradingView Key reasons why Bitcoin price remains flat…
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A Bitcoin whale is betting hundreds of millions of dollars on a short-term decline in Bitcoin’s price ahead of a pivotal week filled with key economic reports that could significantly influence its trajectory and investor risk appetite. A large crypto investor, or whale, has opened a 40x leveraged short position for over 4,442 Bitcoin (BTC)…
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The creation of a “Strategic Bitcoin Reserve” in the United States is further proof of President Donald Trump’s support for the cryptocurrency sector. Trump earlier this month signed an executive order establishing the reserve, which White House crypto chief David Sacks has likened to “a digital Fort Knox“, comparing it to the stockpiling of gold…
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An arrest warrant has been issued for Kevin Segal, a self-proclaimed “Bitcoin billionaire” who allegedly failed to appear for a court hearing after a friend posted his $50,000 bond. Prosecutors accuse Segal of swindling Wyoming businesses out of more than $212,000. The 30-year-old California resident faces up to 141 years in prison if convicted. According…
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17h05 ▪ 4 min read ▪ by Evans S. As central banks around the world struggle in an endless race of monetary printing, François Asselineau, president of the UPR, proposes a radical shift: to integrate 5 to 10% of bitcoin into the Banque de France’s reserves. An idea that shakes traditional economic certainties and questions…
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Some cryptocurrency investors worry about data security in the future. Bitcoin (CRYPTO: BTC) owners often tout the largest coin’s unchanging qualities as a major selling point. But if Bitcoin’s technical platform never changes, how can it meet unexpected challenges and adapt to new security threats? In particular, won’t Bitcoin’s encryption soon crumble under an assault…
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LONDON – The creation of a “Strategic Bitcoin Reserve” in the United States is further proof of President Donald Trump’s support for the cryptocurrency sector. Trump earlier this month signed an executive order establishing the reserve, which White House crypto chief David Sacks has likened to “a digital Fort Knox,” comparing it to the stockpiling…
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15h05 ▪ 4 min read ▪ by Luc Jose A. Bitcoin, driven by post-election euphoria, reached a peak of $108,000 before falling below $80,000. Global economic instability and increasing trade tensions are fueling heightened volatility. Despite a pro-crypto rhetoric, Donald Trump adopts a protectionist policy that worries investors. Between recession fears and monetary uncertainty, the…
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Bitcoin (BTC) can hit new all-time highs by June this year if historical patterns repeat, network economist Timothy Peterson said. Data uploaded to X on March 15 gives BTC/USD around two-and-a-half months to beat its $109,000 record. April could spark 50% BTC price upside Bitcoin has declined 30% after topping out in mid-January. The extent…