Bloomberg Intelligence senior commodity strategist Mike McGlone said bitcoin could still fall back toward and potentially below the $10,000 area, arguing that crypto remains trapped in a broader macro unwind tied to deflationary pressure, overstretched risk assets and what he described as excess across the digital-asset complex. Speaking in an interview with EllioTrades, McGlone reiterated…
Bitcoin (BTC) is currently navigating a trading range between $60,000 and $73,000, entering what analytics platform CryptoQuant describes as “the most frustrating phase in the cycle.” According to a recent analysis by CryptoQuant contributor MorenoDV, Bitcoin finds itself in a period characterized by heightened uncertainty, with market signals indicating more hesitation than firm conviction. Bear…
Bitcoin price failed to extend its recovery wave above the $70,500 zone. BTC is now consolidating and might decline again below $68,500. Bitcoin started a decent recovery wave above the $68,500 zone. The price is trading above $68,650 and the 100 hourly simple moving average. There is a key declining channel or a possible bullish…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
A privacy-focused stablecoin tied to Circle has quietly become part of the story behind Cardano’s recent jump in decentralized finance activity. Related Reading The token, called USDCx, was brought into the Cardano ecosystem earlier this year as part of a broader push to grow the network’s financial infrastructure — and the numbers that followed have…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
After a historic run that made gold one of the best-performing assets of the past decade, the smart money is asking whether the baton is about to be passed to Bitcoin. For most of the past twelve months, the question in macro markets has been simple: why isn’t Bitcoin keeping up with gold? The answer,…
Institutional investors are beginning to pull capital out of XRP after a month of steady inflows, raising new questions about whether confidence in the digital asset is weakening. Lately, XRP has experienced significant volatility, sending its price crashing below $1.4. If this downtrend continues alongside capital outflows, it would not be surprising if market participants…
Arthur Hayes is still structurally bullish on Bitcoin. He just does not think now is the moment to buy. Speaking on the Coin Stories podcast on March 10, the BitMEX co-founder and Maelstrom CIO said he would stay patient until a more familiar macro catalyst arrives: central bank liquidity. In Hayes’ telling, a prolonged Iran…
Crypto analyst Doctor Profit has provided insights into what to expect from the Bitcoin price after it dropped below $70,000 over the weekend. This comes as the leading crypto continues to face pressure due to the U.S.-Iran war and volatile oil prices. What To Expect From The Bitcoin Price In an X post, Doctor Profit…