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Bitcoin News
Coin Telegraph
1w
220
Image Credit: Coin Telegraph
Why is Bitcoin price stuck?
- Bitcoin price remains stuck in a range with resistance at $110,000 hindering new all-time highs.
- Traders cautious due to uncertainty surrounding macroeconomic events like rising bond yields and Federal Reserve minutes.
- Bitcoin price faces resistance at $110,000, with unsuccessful attempts to break above leading to market hesitation.
- Key support levels are crucial for Bitcoin bulls to maintain momentum amidst liquidity clusters and market volatility.
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Livebitcoinnews
1w
326
Image Credit: Livebitcoinnews
Why Bitcoin Price Charts are Important
- Bitcoin price charts are essential tools for both new and experienced investors to analyze trends and predict future movements.
- Analyzing charts can aid in making informed decisions when buying Bitcoin and managing risks effectively.
- Understanding the elements of a price chart, such as price history, volume bars, and different chart styles, is crucial for chart analysis.
- Recognizing market trends and patterns, like upward and downward trends or trend reversal patterns, is key in determining entry and exit points.
- Technical indicators, like moving averages, RSI, and Bollinger Bands, provide deeper insights into market trends and potential buy or sell signals.
- Volume, the number of Bitcoin units traded, validates trends and helps investors confirm market movements.
- Common mistakes in chart analysis include over-reliance on a single indicator, failing to consider external factors, and letting personal biases influence decisions.
- Objectivity and thorough analysis are crucial to successful Bitcoin investing, whether for the long term or short term.
- Interpreting Bitcoin price charts based on data rather than emotions is essential for making sound investment choices.
- Combining chart analysis with an understanding of regulations and taxes can help individuals navigate the Bitcoin market more effectively.
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Coin Telegraph
1w
169
Image Credit: Coin Telegraph
Amina Bank hits $40M revenue in 2024 as crypto AUM doubles
- Swiss crypto bank Amina Bank, previously Seba Bank, achieved record financial performance in 2024, with revenue increasing by 69% to $40.4 million.
- Assets under management (AUM) doubled to $4.2 billion, driven by institutional demand and strategic expansions, according to a May 28 announcement.
- The bank attributes its growth to its multi-jurisdictional presence, round-the-clock trading, and a lending book with no defaults in five years.
- Amina Bank also reported a substantial rise in international revenue, with operations in Abu Dhabi and Hong Kong experiencing significant growth.
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Coindoo
1w
343
Image Credit: Coindoo
Senator Cynthia Lummis Urges U.S. to Treat Bitcoin as Digital Gold, Calls for 5% Reserve Target
- Senator Cynthia Lummis urges the U.S. to treat Bitcoin as digital gold and advocates for holding at least 5% of the global Bitcoin supply, similar to its 5% share of the world's gold reserves.
- Several U.S. states, including Arizona, Texas, and New Hampshire, are leading in Bitcoin policy innovation by passing legislation to establish strategic Bitcoin reserves by 2025, with more than 30 states considering similar proposals.
- International momentum for sovereign Bitcoin holdings is rising, with countries like the United Arab Emirates acquiring Bitcoin through U.S.-based exchange-traded funds and European central banks exploring Bitcoin for diversified asset allocations.
- While praising state-level initiatives, Senator Lummis calls for federal action to include Bitcoin in the nation's strategic reserves to ensure U.S. competitiveness in the evolving global financial landscape, emphasizing the importance of treating Bitcoin like digital gold.
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Bitcoinsensus
1w
292
Image Credit: Bitcoinsensus
Square to Enable Bitcoin Payments by 2026
- Square, powered by the Lightning Network, is set to enable Bitcoin payments for merchants by 2026.
- The integration ensures fast transactions, low fees, and allows merchants to either accept Bitcoin or convert it to fiat instantly.
- The rollout will commence in the second half of 2025, aiming for full integration by 2026.
- Block's move signifies a shift towards practical crypto adoption, with a focus on seamless transactions and simplified Bitcoin self-custody with Bitkey.
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TheNewsCrypto
1w
42
David Sacks Slams Warren as Crypto Clash Hits Boiling Point
- David Sacks accuses Senator Elizabeth Warren of being anti-crypto and driving the industry offshore.
- Sacks unveils new initiatives including the Strategic Digital Asset Reserve to increase U.S. Bitcoin holdings without raising taxes or debt.
- Trump administration executes pro-crypto policies including pardoning Ross Ulbricht and passing bills like the Stablecoin Bill and Genius Act.
- Elizabeth Warren raises ethics concerns and warns that new pro-crypto laws could benefit Trump insiders and harm working families.
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Coindoo
1w
59
Image Credit: Coindoo
Metaplanet Issues $50M in Zero-Interest Bonds to Expand Bitcoin Holdings
- Metaplanet issued $50M in zero-interest bonds to expand its Bitcoin holdings, representing the firm's 16th series of ordinary bonds.
- Each bond carries a face value of $1.25 million, is fully backed by Evo Fund, and will mature on November 27, 2025.
- The capital raised will be used specifically to purchase more Bitcoin, aligning with Metaplanet's aggressive approach to BTC-backed corporate finance.
- The issuance led to a 9.5% increase in Metaplanet shares' price, reflecting positive investor sentiment towards the company's Bitcoin-centric financial strategy.
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Bitcoinist
1w
186
Image Credit: Bitcoinist
Russia’s Largest Bank To Provide Liquidity For Regulated Crypto Platforms
- Sberbank, Russia’s largest bank, is set to become a liquidity provider and market maker for regulated crypto platforms in Russia.
- The Bank of Russia plans to establish an Experimental Legal Regime for cryptocurrency transactions, allowing highly qualified investors to trade directly with digital assets.
- Qualified investors in Russia are expected to include entities or individuals with significant investments or annual incomes, aiming to participate in the regulated cryptocurrency marketplace.
- Sberbank intends to offer crypto-based investment products like structured products, ETFs, or mutual funds tied to digital assets like Bitcoin and Ethereum for qualified investors in the country.
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TronWeekly
1w
403
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Cantor Fitzgerald Launches $2B Bitcoin Lending Facility, Funds FalconX and Maple
- Cantor Fitzgerald has launched a $2 billion bitcoin-based lending program to provide financial support to cryptocurrency firms like FalconX and Maple Finance.
- Crypto lending market rebounds to $36.5 billion in Q4 2024 after downturns in 2022, showing signs of recovery.
- Cantor Fitzgerald aims to enhance liquidity for Bitcoin institutions by providing a $2 billion credit facility, marking its strategic role in crypto financing and market revival.
- FalconX and Maple Finance are among the initial recipients of Cantor Fitzgerald's bitcoin-backed credit facility, offering new liquidity options to institutions in the institutional crypto market.
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Coin Telegraph
1w
314
Image Credit: Coin Telegraph
Bitcoin whales keep buying as BTC price dip targets include $94K
- Bitcoin whales are accumulating more BTC as the price consolidates below all-time highs.
- A potential bounce level for Bitcoin is seen around $94,000 in case of a market correction.
- Large-volume traders are influencing the low-timeframe price performance of Bitcoin.
- Hyperliquid trader James Wynn faces unrealized losses on a leveraged long BTC position amidst market volatility.
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18 Likes
99Bitcoins
1w
305
IMF Doubles Down on Bitcoin War Against Bukele’s El Salvador
- El Salvador continues to accumulate Bitcoin despite IMF restrictions and defiance against the loan conditions related to BTC purchases.
- President Nayib Bukele believes that embracing Bitcoin strengthens the country's economic independence and reduces reliance on traditional financiers like the IMF.
- IMF imposed conditions include making BTC acceptance voluntary, halting Bitcoin accumulation, and winding down state-run initiatives related to cryptocurrency in El Salvador.
- There is a potential vindication for Bukele if Bitcoin price surges as predicted, but a drop in price could increase pressure on El Salvador and give the IMF more leverage.
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Livebitcoinnews
1w
42
Image Credit: Livebitcoinnews
The Ultimate Guide to the Best Crypto to Join Now | 3 Key Players for 2025
- The cryptocurrency landscape is rapidly evolving, with increasing institutional adoption and technological advancements.
- Qubetics, Litecoin, and Filecoin are highlighted as key players for 2025 in the crypto market.
- Qubetics is noted for enabling real-world asset tokenization and addressing interoperability challenges.
- Litecoin focuses on enhancing speed and scalability, while Filecoin revolutionizes decentralized data storage.
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Cryptopotato
1w
314
Image Credit: Cryptopotato
Monero (XMR) Dumps by Double Digits, Bitcoin (BTC) Calms at $109K (Market Watch)
- Bitcoin's price calmed at around $109,000 after briefly touching $112,000, faced challenges after US President Trump recommended tariffs against the EU.
- XMR slumped by almost 12%, trading below $350, while QNT gained 11% and sits close to $120. SUI also gained 6% after positive news on the Cetus hack front.
- Most other larger-cap altcoins like SOL, DOGE, ADA, XRP, TRX, HYPE, SHIB are slightly in the red, while ETH and BNB saw insignificant gains.
- The total crypto market cap remains around $3.560 trillion, with Bitcoin's market cap at $2.165 trillion and dominance over alts close to 61%.
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Coinjournal
1w
46
Image Credit: Coinjournal
Institutional adoption of Bitcoin: what’s next for big money?
- BlackRock's Bitcoin ETF has reached $71 billion, making it the best-performing ETF in history.
- MicroStrategy's Bitcoin holdings have grown to 580,250 coins, showcasing corporate involvement in crypto.
- JPMorgan and Morgan Stanley are now offering Bitcoin ETFs to their clients, reflecting increasing institutional acceptance.
- The institutional adoption of Bitcoin has seen significant growth, with professional investors accumulating $27.4 billion worth of Bitcoin ETFs in the US by Q4 2024.
- Asset managers and hedge funds now hold about 26.3% of all US Bitcoin ETF assets under management.
- Forecasts suggest over $120 billion of institutional capital flowing into Bitcoin by end-2025 and $300 billion by 2026.
- Bitcoin is evolving from a store of value to a programmable asset, with innovations like Ordinals and BRC-20 token standard enabling code execution on Bitcoin.
- The rise of 'Bitcoin-native yield strategies' is providing opportunities for holders to earn yields on their BTC.
- SatLayer is establishing itself as a vital component in the DeFi landscape, using Bitcoin's security model for validation.
- Through developments like SatLayer, Bitcoin is being positioned as a programmable gold standard, enabling tokenization of real-world assets on its ecosystem.
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TheNewsCrypto
1w
42
David Sacks and World Leaders Signal New Era of Bitcoin Adoption
- David Sacks emphasizes integrating Bitcoin into national economic strategies and advocates for wider crypto adoption.
- White House AI and crypto czar, David Sacks, promotes Bitcoin within tech and economic strategies of Trump administration.
- Sacks suggests merging Bitcoin into national economic plans, calls for increased domestic energy production to support AI and Bitcoin industries.
- Prominent leaders like President Nayib Bukele of El Salvador and Javier Milei of Argentina advocate for Bitcoin and crypto adoption, each with unique approaches and motivations.
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