A naukri.com initiative
Bitcoin News
TronWeekly
1w
367
Image Credit: TronWeekly
Quantum Threat to Bitcoin? XRP and XLM May Lead the Post-Crypto Upgrade
- BlackRock's quantum computing warning has raised concerns about Bitcoin's outdated cryptography and highlighted the need for quantum-resilient digital assets.
- XRP and XLM are emerging as early leaders in preparing for a quantum-resilient future, with both networks possessing intrinsic governance systems and upgrade mechanisms for upcoming cryptographic transitions.
- U.S. institutions are fast-tracking quantum-safe encryption standards, indicating an approaching shift towards quantum-resistant infrastructure at the national level.
- BlackRock experts believe quantum improvements could outdate current cryptographic algorithms, putting pressure on cryptocurrencies like Bitcoin to adapt to quantum risks, while XRP and XLM are better equipped for the quantum crypto evolution.
Read Full Article
22 Likes
Bitcoinist
1w
1.3k
Image Credit: Bitcoinist
Crypto Market Today: 5 Bullish Catalysts To Watch That Say Bitcoin Price Is Going Higher
- The crypto market is defying bearish expectations, with Bitcoin price consolidating near all-time highs amid global economic uncertainty.
- Crypto analyst Unipcs highlights five bullish catalysts reinforcing Bitcoin's strength, including evolving political landscape, regulatory clarity, and institutional interest.
- Factors like Spot Bitcoin ETFs' performance, traditional finance giants' involvement, and investors like MicroStrategy's Michael Saylor doubling down on Bitcoin further boosting market confidence.
- Despite potential bearish triggers such as global trade tensions and US stock market volatility, Bitcoin has remained stable, with the mid- to long-term trajectory appearing upward.
Read Full Article
16 Likes
Cryptonews
1w
401
TACO Time: Bitcoin Investor Profits Surge as $120k Becomes Key Battleground
- Glassnode analysis shows Bitcoin rally strength continues despite sideways trading after recent all-time high, with activity up across all market sectors.
- Investor profitability and spending have increased notably but remain below prior bull market peaks, suggesting further upside potential before overextension.
- Analysts identify US$120k as the next key resistance zone where sell-side pressure is expected to accelerate based on historical on-chain models.
- Trump's tariff threats create market uncertainty, but a recent court ruling declares 'reciprocal tariffs' illegal, though the current administration plans to appeal.
Read Full Article
24 Likes
Coindoo
1w
364
Image Credit: Coindoo
Pakistan Reveals Plans for Government-Led Bitcoin Reserve
- Pakistan announced plans for a government-led Bitcoin reserve during the Bitcoin 2025 conference in Las Vegas.
- The country, once opposed to cryptocurrencies, is now embracing blockchain and digital finance, inspired by the US.
- Pakistan's strategy involves allocating electricity for Bitcoin mining, forming a Digital Asset Authority, and seeking advice from industry experts.
- The country's shift from banning crypto to building reserves indicates a significant policy change towards digital assets in its economic framework.
Read Full Article
21 Likes
Newsbtc
1w
284
Image Credit: Newsbtc
Bitcoin Set For 50%+ Move Within 6 Months, Says Hedge Fund Boss
- Bitcoin is currently consolidating just above $108,000 after hitting a fresh all-time high.
- Hedge fund boss Charles Edwards predicts a 50%+ rally for Bitcoin by November based on bullish macro, technical, and on-chain factors.
- The 'Hard Asset Era', policy changes, macroeconomic indicators, and Bitcoin's technical strength support the forecast of significant gains.
- Potential risks include policy uncertainties and corporate Bitcoin accumulation, but Capriole Investments remains optimistic as long as Bitcoin holds above $104,000.
Read Full Article
17 Likes
Cryptonews
1w
135
GameStop Price Takes Hit as Firm Drops Half-Billion on Bitcoin
- GameStop purchased 4,710 BTC for over US$500 million, causing a 12% stock drop despite initial investor excitement and alignment with Strategy’s Bitcoin strategy.
- GameStop's move follows a trend of public companies investing in digital assets or entering blockchain spaces to stay relevant.
- CEO Ryan Cohen views the Bitcoin purchase as a safeguard against global economic uncertainties, emphasizing Bitcoin's portability, verifiability, and scarcity.
- GameStop's stock fell by 12% after confirmation of the BTC purchase, ending the day at US$31.21; the move had been anticipated since February.
Read Full Article
8 Likes
Coindoo
1w
179
Image Credit: Coindoo
Blockchain Tracking Platform Finds Hidden Wallets Tied to MicroStrategy’s Bitcoin Holdings
- Arkham Intelligence uncovers wallet addresses linked to MicroStrategy's Bitcoin reserves.
- Analysis reveals 88% of MicroStrategy's reported Bitcoin stash is traceable to specific wallet activity.
- Investigation also uncovers assets held under Fidelity Digital's custody solution.
- Revelation sparks concerns over privacy and institutional exposure in the crypto world.
Read Full Article
10 Likes
Coindoo
1w
360
Image Credit: Coindoo
Whales Move Over $1 Billion in BTC Moves in 12 Hours
- Over $1.6 billion worth of BTC, equivalent to over 15,000 BTC, has been transferred across various wallets and exchanges within 12 hours, alarming the crypto community.
- Significant transfers include large amounts of BTC moving between major exchanges like Binance, Kraken, Coinbase Institutional, Bitfinex, and Cumberland, as well as between unknown wallets.
- Transfers to unknown wallets are seen as bullish signs of accumulation or cold storage, while movements to exchanges like Kraken and Coinbase can indicate potential selling pressure.
- The shift of BTC to institutional platforms like Coinbase Institutional and Cumberland signifies increased institutional activity, likely related to high-volume OTC trades or fund rebalancing.
Read Full Article
21 Likes
Bitcoinist
1w
338
Image Credit: Bitcoinist
Bitcoin Just Got Bigger—Top Global Firm Rolls Out $2B Lending Program
- Cantor Fitzgerald has launched a $2 billion loan program backed by Bitcoin, with the first deals already closed.
- In collaboration with Tether, SoftBank, and Bitfinex, Cantor created a $3.6 billion fund called Twenty One Capital holding over 42,000 Bitcoin.
- FalconX and Maple Finance have utilized the new loan facility, indicating growing interest in crypto financing from trusted names.
- While big investors like Cantor Equity Partners are showing confidence in Bitcoin, caution is advised due to the volatile nature of the cryptocurrency market.
Read Full Article
20 Likes
Newsbtc
1w
333
Image Credit: Newsbtc
Bitcoin Diamond Hands Are Buying Again, Here’s Why It’s Bullish For The Market
- Bitcoin has been trading within a narrow range between $106,229 and $111,807 after reaching an all-time high of $111,814.
- On-chain data shows that long-term holders, known as 'diamond hands', are absorbing all selling pressure and accumulating more Bitcoin.
- The Long-Term Holder Spending Binary Indicator has dropped to its lowest level since September 2024, indicating a bullish move in the Bitcoin price.
- If historical trends repeat, the recent behavior of long-term holders could lead to a potential 96% surge in Bitcoin's price, with a new peak near $212,000.
Read Full Article
20 Likes
Newsbtc
1w
16
Image Credit: Newsbtc
Bitcoin Price Touches Support Zone — Will Buyers Step In?
- Bitcoin price started a fresh decline and tested the $106,800 zone, now consolidating and might aim for a move above $108,500.
- Bitcoin is currently trading below $108,000 and the 100 hourly Simple moving average.
- A connecting bearish trend line is forming with resistance at $108,000 on the hourly chart of the BTC/USD pair.
- The price could gain bullish momentum if it clears the $108,500 resistance; immediate support is near $107,200 followed by $106,800.
Read Full Article
1 Like
Bitcoinsensus
1w
152
Image Credit: Bitcoinsensus
Elon Musk Announces He Is Stepping Down From DOGE
- Elon Musk has stepped down from his role in the Department of Government Efficiency (DOGE) as a Special Government Employee, thanking President Trump for the opportunity to reduce wasteful spending.
- DOGE will continue operations in the government, aiming to reduce inefficiencies, trim federal contracts, and downsize agencies to save money.
- DOGE claims to have saved around $175 billion by cutting inefficiencies, but fell short of the $1 trillion target for savings.
- Musk's involvement in DOGE led to controversy as budget cuts affected essential areas like the Consumer Financial Protection Bureau (CFPB) and Pediatric Cancer Research Funding, leading to backlash affecting Tesla.
Read Full Article
9 Likes
Bitcoinist
1w
308
Image Credit: Bitcoinist
Bitcoin Demand In US Grows: Coinbase Premium Index Back In Positive Zone Amid BTC’s Rally
- Bitcoin's Coinbase Premium Index has returned to positive territory, indicating renewed interest from US investors and potential for further upward trend.
- The positive Coinbase Premium Index signifies BTC trading at a premium on the Coinbase exchange, reflecting stronger demand and potential institutional accumulation.
- The growing number of whale wallet addresses holding 1,000 BTC or more suggests renewed confidence from major investors in Bitcoin amidst recent price fluctuations.
- The resurgence of whale investors and increased interest from US markets could bolster Bitcoin's ongoing bullish sentiment and potentially lead to another significant rally.
Read Full Article
18 Likes
Bitcoinsensus
1w
291
Image Credit: Bitcoinsensus
HYPE Tumbles After ATH—Is Now the Time to Buy?
- Hyperliquid's $HYPE token reached a new ATH at $39.93 on May 26 but quickly decreased by over 18% since then.
- Traders are uncertain about the future of $HYPE as it struggles to hold the $33 support level after the recent dump.
- Technical analysis shows that $HYPE is currently hovering above the 0.236 Fib level at $32.46, with potential for a bounce towards the next resistance around the ATH zone.
- Trading volume indicates market indecision, with traders waiting for confirmation before deciding on the next move. Possible trade setups include bullish reversal if $33 is reclaimed with rising volume and bearish continuation if $33 fails with volume spikes.
Read Full Article
17 Likes
Newsbtc
1w
240
Image Credit: Newsbtc
Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg
- Analysts are predicting an incoming Altseason as bullish momentum strengthens across the crypto market amid global economic uncertainty.
- FTX's distribution of over $5 billion in stablecoins to creditors on May 30th is expected to fuel market liquidity and potentially trigger Altseason.
- The timing aligns well as Ethereum eyes a breakout above $2,700, which could signal a broader rally for altcoins supported by increasing market momentum.
- Top analyst Axel Bitblaze believes the $5 billion return of capital could propel Bitcoin towards $120K and initiate the much-anticipated altseason for traders.
Read Full Article
14 Likes
For uninterrupted reading, download the app