The euphoric altcoin seasons where almost every cryptocurrency rises across the market are probably not coming back, says Bitwise investment chief Matt Hougan. “I think that game is over. I think we’ll see a non-traditional altcoin season,” Hougan said in an interview on Wednesday. “An altcoin season that rewards assets with real-world traction and real-world …
Continue reading “Altcoin seasons are over, expect ‘non-traditional’ cycles ahead: Bitwise exec”
Bitcoin staged a brief relief rally above $74,000 on Thursday, but it has already petered out as analysts predict a persistent bear market will keep momentum subdued. “Bitcoin is still in a bear market despite the recent rally,” on-chain analytics company CryptoQuant said on Thursday. The platform’s Bull Score Index, a composite indicator that measures …
Continue reading “Bitcoin relief rally faces headwinds as bear market persists: analysts”
Bitcoin is likely to outperform gold on price performance through to 2029 after gold’s strong recent rally, says macroeconomist Lyn Alden. “If I had to bet Bitcoin versus gold over the next two to three years, I would bet Bitcoin,” Alden said on the New Era Finance podcast on Wednesday. “Gun to my head, if …
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Senator Chris Murphy says it’s likely people close to Donald Trump with “inside information” made bets on prediction markets on when the US would strike Iran. US Democratic lawmakers are working on a bill to police prediction markets after raising insider trading concerns over bets made on the timing of Israeli and US strikes on …
Continue reading “Dems plan bill to curb prediction markets after ‘very specific’ Iran strike bets”
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography. PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site on …
Continue reading “Construction begins at quantum facility big enough to break Bitcoin”
Bitcoin price started a steady increase above $70,500 and $72,500. BTC is now consolidating and might aim for a fresh increase above $72,500. Bitcoin started a fresh increase after it settled above the $70,000 zone. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming …
Continue reading “Bitcoin Price Rally Slows, Consolidation Signals Possible Next Move”
Renowned macro analyst Alex Krüger is pushing back on a comparison that has taken hold across desks since strikes involving Iran began: that markets are replaying the 2022 Russia-Ukraine shock, with crypto and Bitcoin in particular tracing an uncomfortably familiar pattern. Yes, the setups rhyme, Krüger wrote in a March 4 Substack note. But he …
Continue reading “Bitcoin Prints A 2022-Like Iran War Chart, But It’s Not”
XRP recorded a sharp rebound of roughly 5% as the broader crypto market experienced a brief wave of relief following weeks of persistent volatility. The move comes after a difficult February for digital assets, a period defined by escalating geopolitical tensions and a macroeconomic environment that has continued to deteriorate. Despite these pressures, several large-cap …
A retired US Army combat medic has predicted that XRP will overtake Bitcoin as the world’s most valuable cryptocurrency — a claim that would require XRP’s price to climb from $1.41 to nearly $24. Related Reading A Long Road To The Top Patrick L. Riley, who now operates as a market commentator on social media, …
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A crypto analyst’s Elliott Wave chart suggests XRP could be on the verge of one of its most explosive moves yet, but the real fireworks depend on where exactly we are in the cycle. In a post on X, crypto analyst HovWaves said his macro primary expectation is still the same, adding that he has …
Continue reading “Analyst Predicts 1,500% XRP Price Increase To $15 If This Is A Wave 2”
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography. PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site on …
Continue reading “Construction Begins at 1M Qubit Quantum Facility”
The Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun in a $10 million settlement. The US Securities and Exchange Commission has ended its lawsuit against crypto entrepreneur Justin Sun with a $10 million settlement, ending a two-year legal battle over alleged fraud and securities laws violations. The …
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Key takeaways: ETH derivatives signal a shift to safety as professional desks hedge against downside risks and global instability. Institutional preference for decentralization keeps Ethereum dominant despite its recent drop in network activity. Ether (ETH) price dropped by 6% following a brief rally to $2,200 on Wednesday, tracking a downturn in US equities as the …
Continue reading “Ether’s path to $2.5K may be trickier than expected: Here’s why”
A US orthopedic and neurosurgery practice has agreed to a multi-million dollar class action settlement stemming from a security breach that happened in February of 2024. The incident compromised the sensitive information of 426,536 patients of Rebound Orthopedics & Neurosurgery, including their names, dates of birth, medical information, health insurance information, Social Security numbers, financial …
Banking giant Goldman Sachs believes that the US economy is primed to exceed consensus expectations this year. In its Forecast for the World’s Biggest Economies in 2026 report, Goldman Sachs Research predicts that real GDP will grow 2.8% this year, well above the consensus estimate of just 2.2%. The team, led by chief US economist …
