The pseudonymous co-founder of ScimitarCapital, Thiccy, shared a novel theory on Bitcoin price appreciation Tuesday by comparing Bitcoin’s global attention to that of gold. What gives Bitcoin value? A new way to think about it He argues that gold is valuable because it’s rare, durable, and has been trusted as money for thousands of years.…
Key takeaways: Bitcoin is nearing a golden cross that has led to 45%–60% price rallies in the recent past. Fundamentals like rising M2 supply and easing trade tensions support a bullish outlook. Bearish divergence and overbought conditions show there’s still a risk of BTC falling below $100,000. Bitcoin (BTC) will likely confirm a “golden cross”…
Disclaimer: The analyst who wrote this report owns shares of Strategy (MSTR). Strategy’s (MSTR) perpetual preferred stock, STRK, achieved the largest proceeds from its weekly at-the-market (ATM) issuance since the program started in February, according to X account DogCandles, raising $59.7 million that was used to buy more bitcoin , according to a Monday SEC…
Bitcoin came within striking distance of its all-time high on Tuesday, surging past $106,000 before hitting resistance and retracing slightly. While some investors braced for a deeper correction, several technical indicators suggest that the crypto market’s most dominant asset may be gearing up for another rally. Bitcoin Tests Key Levels—Then Retreats Bitcoin (BTC) touched a…
Bitcoin’s (BTC) rise above $105,000 on May 20, 2025, has reignited curiosity about its potential ceiling and the forces propelling its current rally. As investors and analysts speculate on how high Bitcoin can climb, today’s surge, fueled by institutional inflows, bullish technical patterns, and macroeconomic tailwinds, offers clues to its trajectory. Drawing from expert insights, on-chain…
Cryptocurrency analyst Benjamin Cowen says Bitcoin’s BTC/USD soon-to-form golden cross could act as a local market peak rather than a signal of a sustained rally. What Happened: In his update published on YouTube on May 19, Cowen noted “We’re going to have a golden cross within the next few days,” highlighting that the gap between…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to a recent conference call, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the company’s stock saw a sudden surge. The fintech firm won shareholder approval to become Brazil’s first Bitcoin treasury company. Shareholders backed the shift by…
00:00 Speaker A It’s time for your finance’s market minute. US stocks sliding in today’s trade, pulling back from their recent rally, warnings growing over investor relief potentially being misplaced regarding trade talks and US inflation. Bitcoin trending above that $105,000 level. The cryptocurrency seeing earlier gains, as stable coin legislation clears a key hurdle.…
A survey by the Nakamoto Project attracted criticism after indicating that 8 out of 10 Americans want the U.S. to sell some of its gold reserves to buy Bitcoin. The U.S. crypto reserve continues to be a divisive issue, as revealed by the reactions to one recent survey. On May 20, the Nakamoto Project, a…
Magic Eden is integrating with Spark to improve Bitcoin trading by addressing issues like slow transaction times, high fees, and poor user experience. According to a press release sent to Bitcoin Magazine, the integration will introduce a native settlement system aimed at making transactions faster and more cost-effective, without using bridges or synthetic assets. The…