According to an analyst on X, Bitcoin’s grip on the market looks too strong for altcoins to break free any time soon. Bitcoin’s price ticked up to around $104,000 after climbing 0.4%. It had dipped briefly to $103,000 but buyers stepped in fast. That push drove it back toward the $105K mark. At the same…
Bitcoin is currently hovering in a tightly compressed price range after failing multiple times to break above $110,000 earlier this month. The past few days have been characterized by the leading cryptocurrency trading around $105,000, with neither bulls nor bears taking control. Despite the overall consolidation, a subtle yet significant signal is starting to flash…
Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas. “We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,”…
Bitcoin Magazine Norway Plans to Temporarily Ban New Bitcoin & Crypto Mining Centers to Conserve Energy Today, the government of Norway announced its plans to introduce a temporary ban on establishing new Bitcoin and cryptocurrency mining data centres. The government concluded that it was better to redirect electricity to other industries and economic sectors and…
What started as a positive day for crypto markets quickly reversed during the U.S. session with bitcoin BTC sliding below $103,000 from the $106,500 level just hours earlier. At press time, bitcoin had pared some of the losses, returning to $103,200, down 1.2% over the past 24 hours. Other large cryptocurrencies endured steeper declines. Ethereum’s…
Solana is currently testing a critical demand zone near the $150 level after enduring weeks of persistent selling pressure and a broader shift in market sentiment. The asset is now trading roughly 20% below its May high of $185, with recent attempts at recovery facing strong resistance. Despite holding above major support for now, the…
Bitcoin Magazine A Seed Phrase Isn’t Self Custody, It’s A Liability. For as long as bitcoin has existed, self-custody–the ability to transact with and hold your own wealth without the need for a third party intermediary like a bank or other financial institution–has been central to the offer. For some, self custody is a firmly-held…
Bitcoin Magazine Is the 4-Year Bitcoin Cycle Over? Rational Root Explains Why This Time Might Not Be Different In a wide-ranging conversation, Bitcoin Magazine Pro’s lead analyst Matt Crosby sat down with on-chain cycle expert Rational Root to explore the pressing question on many investors’ minds: Are Bitcoin’s historic four-year cycles still intact, or is…
Stablecoins are enjoying a moment in U.S. policy circles as the Senate just passed a regulation bill with major bipartisan numbers. As that moment approached, President Donald Trump and his family apparently offloaded about 20% of their stake in the parent company controlling World Liberty Financial, a crypto business that includes its own stablecoin. DT…
Peter Schiff, vocal proponent of gold and a longtime critic of cryptocurrencies and bitcoin BTC, said he intends to launch his own gold-backed token while taking a dig at the value of U.S. dollar-pegged stablecoins. “I get bitcoin, but not U.S. dollar stablecoins,” Schiff posted Friday on X. “If you’re going to introduce a third-party…
