In a recent Market update, analyst Rekt Capital discussed Bitcoin’s latest dip, comparing it to previous bull cycles, particularly the 2017 pattern of corrections. He coined the term “banana zone” to describe the parabolic phase Bitcoin often reaches. Rekt Capital believes the current price drop is a typical correction and reassured traders that Bitcoin is ...
Bitcoin (BTC) is on a recovery path, recently gaining 2.65% to reach around $86,000. Over the past few days, it has risen over 15% since bouncing back from the $74,000 mark. Analyst Burak Kesmeci notes that short-term Bitcoin holders are seeing a shift in Market sentiment, with their Market Value to Realized Value (MVRV) ratio ...
Michael Saylor, a notable advocate for Bitcoin, has suggested that his company, Strategy, may resume purchasing Bitcoin after a brief hiatus. Currently, Strategy holds 528,185 Bitcoin, making up nearly 3% of the total Bitcoin supply. Despite reporting about $6 billion in unrealized losses for the first quarter of 2025, the company remains committed to its ...
This week has been quite unpredictable for the markets, yet signs are emerging that might indicate a positive outlook for Bitcoin. The stock sell-off, triggered by tariff uncertainties linked to President Trump, has caused significant Market fluctuations. During this time, the S&P Volatility Index, known as the “fear gauge,” has reached its highest level since ...
New Hampshire and Florida are making strides towards establishing Bitcoin reserves. New Hampshire’s House recently passed a bill, HB302, allowing the state to invest 10% of its general fund in Bitcoin, pending approval from the Senate and the Governor’s signature. This positions New Hampshire alongside states like Arizona and Texas in exploring digital asset investments. ...
In a recent discussion, Jack Truong, a business leader from Chicago, argues that Bitcoin may be a better way to preserve wealth than traditional real estate. He points out how remote work and high mortgage rates have changed the housing Market, making home ownership less profitable for many. With rising inflation and dwindling purchasing power, ...
Bitcoin’s futures Market shows signs of a potential price cooldown after weeks of corrections. Recent data reveals that the leverage ratio for BTC-USDT futures has halved since early 2025, mainly due to significant liquidations removing many traders from the Market. While Bitcoin’s open interest dropped by 28%, indicating large-scale de-leveraging, this could lead to a ...
Cathie Wood’s ARK Invest has taken a mixed approach following the U.S. announcement of new trade tariffs. The firm sold $12 million worth of its spot Bitcoin ETF while simultaneously purchasing $26.6 million in Coinbase stock. This buying spree included significant acquisitions on April 4 and April 7. Despite the Bitcoin ETF sale, ARK continues ...
Cathie Wood’s ARK Invest is taking a mixed approach to new U.S. trade tariffs. The firm has sold $12 million worth of its ARK 21Shares Bitcoin ETF while investing $26.6 million in Coinbase stock. This includes significant purchases of $13.2 million and $13.3 million just days apart following the tariff announcement on April 2. Despite ...
The capital markets have faced significant turbulence recently, with major indexes like the Dow Jones, S&P 500, and Nasdaq dropping by 10%, 14%, and 19% respectively this year. As investors shift away from stocks, many are turning their attention to alternative assets, particularly Dogecoin. Recent comments from Elon Musk, including his skepticism about the cryptocurrency’s ...
