Bitcoin has been experiencing a tumultuous period recently, with its price fluctuating after a sharp drop below $60,000 and then struggling to surpass key resistance levels, most notably $63,500. This has created a bearish sentiment among investors, as many anticipate further price declines. Crypto analyst Alan Santana has recently entered the fray with a grim
Bitcoin
Circle made a significant announcement on July 1 by revealing that it had secured an e-money license from France, solidifying its position as the premier global stablecoin issuer to adhere to the EU’s Markets in Crypto-Assets (MiCA) regulations. This license, granted by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the financial regulator in
The recent confirmation by VanEck Head of Digital Assets Research, Matthew Sigel, has shed light on the company’s Solana spot ETF proposal and its reliance on the outcome of the US presidential elections. With the deadline for VanEck’s application set for March 2025, the speculation is that the approval odds for the ETF are heavily
Bitcoin, once known for its around-the-clock trading accessibility, is experiencing a significant shift in trading patterns. According to a recent report by Kaiko, BTC weekend trading volumes have plummeted to historic lows, dropping from 28% in 2019 to a mere 16% in 2024. This decline is closely tied to the increasing influence of institutional investors
The month of June proved to be quite tumultuous for the price of Bitcoin, with extreme volatility occurring. Unfortunately, the price action leaned towards the downside, with the bears gaining momentum and pushing the price down by 7.12%. With June in the rearview mirror, all eyes are now on July. According to the popular analyst
The latest analysis from CryptoQuant highlights several key on-chain metrics that could indicate a potential bottoming out of the bitcoin price and a resurgence in cryptocurrency prices. One of the crucial signals to watch is the Bitcoin Bull-Bear Market Cycle indicator, which is currently showing that the market is at its least bullish state since
The cryptocurrency market has been experiencing a turbulent period, with Bitcoin’s price performance in June leaving many investors disappointed. The recent decline in Bitcoin’s price has raised concerns among traders and analysts about what to expect in July and the coming months. Crypto analyst Zen has provided a critical assessment of different scenarios that could
The cryptocurrency markets are currently experiencing a downturn, with Bitcoin approaching the $60K mark and most altcoins showing gradual declines. The total market capitalization has fallen to $2.37 trillion, signaling a weakening sentiment among investors. Bitcoin, in particular, has seen a 1.3% decrease in price over the past 24 hours, contributing to a total weekly
The recent decision by the US Supreme Court to overturn the Chevron doctrine has significant implications for the Securities and Exchange Commission (SEC) and its regulatory authority over the crypto industry. The Chevron doctrine, established in the 1984 case Chevron v. Natural Resources Defense Council, outlined a framework for federal courts to defer to agency
The recent rejection of Bitcoin at $62,000 has sparked a debate within the market regarding the future direction of the cryptocurrency. Bulls and bears are currently engaged in a tug of war, with clashing sentiments leading to uncertainty about the price movement. Crypto analyst DonAlt has made a bold prediction regarding the future of Bitcoin’s