Bitcoin faces downward pressure with a possible drop to $80,000, as bearish signals and low liquidity raise concerns.Despite the negative sentiment, some analysts see buying opportunities for long-term investors, citing potential market recovery. Bitcoin’s price is still fluctuating and is already in dangerous territory this Christmas week. BTC/USD currently is right below $100,000; analysts have...
VanEck claims a U.S. Bitcoin reserve could cut national debt by 35% if Bitcoin grows to $42.3 million by 2049.Senator Lummis’ bill proposes funding the reserve with seized Bitcoin, gold sales, and strategic financing without impacting taxpayers. Asset management firm VanEck has suggested that the United States could significantly reduce its national debt by establishing...
Ethereum (ETH) is expected to break into a crucial resistance level at $4,100 to hit $8,000 by 2025. This bullish thesis is supported by the rising performance of the Ethereum (ETH) ETFs which have printed net inflows for seven consecutive days. Ethereum (ETH) has taken a nosedive from its yearly high of $4,100 to $3,334 after...
Uniswap Labs prepares to launch the Unichain mainnet in 2025 with permissionless fault proofs for enhanced security and decentralization.Flashblocks and validation nodes aim to provide faster transactions and decentralized infrastructure on Unichain post-launch. Uniswap Labs is making steady progress toward its goal of creating a more scalable and secure decentralized finance (DeFi) ecosystem. As reported...
The National Center for Public Policy Research is currently negotiating a Bitcoin proposal with a “major” company, which they have yet to disclose. The NCPPR proposed a 5% Bitcoin allocation for Amazon shareholders, contrasting with Michael Saylor’s proposal for Microsoft, which was already rejected. Since its launch in 2009, Bitcoin, the leading cryptocurrency, has evolved significantly...
Low sentiment suggests a contrarian opportunity for Bitcoin, with analysts predicting a potential recovery above $100K.Despite short-term corrections, macroeconomic support points to Bitcoin reaching $160K by 2025. Bitcoin’s social sentiment has plummeted to its lowest level of 2024, signaling a wave of negative retail emotions as the cryptocurrency trades at $97,150—down over 10% from its...
DOGE is expected to leverage its close correlation with Bitcoin to hit $3 once Bitcoin reaches the $17 trillion valuation of gold. Meanwhile, analysts expect DOGE to hit between $10 and $23 after outperforming the third year of its previous cycles in 2024. Bitcoin (BTC) is expected to match the $17.73 trillion market cap of gold....
The UAE is rumored to hold $40 billion in Bitcoin, positioning itself as a major player in the crypto space.The UAE advances its digital economy with AE Coin, a stablecoin aligned with its Government Digital Strategy 2025. The United Arab Emirates (UAE) has purportedly emerged as a major player in the cryptocurrency world, with unverified...
Public companies holding Bitcoin increased 65% in 2024, signaling early stages of mass corporate adoption.New corporate players like Rumble and Workport drive Bitcoin adoption with innovative integration plans. Bitcoin’s acceptance by publicly traded corporations has reached new heights, indicating a significant shift in the financial environment. While the market cap of Bitcoin touched a new...
The level of demand for Bitcoin by institutional investors through spot Bitcoin ETFs is reported to have doubled miners’ production, leading to a liquidity squeeze and price sensitivity. An analyst has predicted that Bitcoin could witness more liquidation if the price falls below the $90k level. The significant demand for Bitcoin (BTC) by institutional investors via...