Bitcoin’s price swings highlight how market sentiment shifts rapidly, with fear-driven sell-offs often preceding strong rebounds and rallies.Key indicators like the Long-Term Realized Cap suggest Bitcoin’s uptrend could continue unless a critical support level breaks. Bitcoin’s recent bounce to $84,500 has once again highlighted how market sentiment swings wildly. Just days ago, prices dipped to...
After laundering funds from the Bybit hack, North Korea now holds more Bitcoin than El Salvador and Bhutan.The ability of state-sponsored groups to amass significant cryptocurrency holdings poses risks to financial systems and international security. North Korea’s state-sponsored hacking group, the Lazarus Group, has accumulated a significant Bitcoin (BTC) reserve, surpassing the holdings of both...
The liquidation suggests that miners anticipate short-term price weakness and are taking profits ahead of potential volatility.Sustaining levels above $88K could spark a rally toward $95K; failure to hold $82.5K support might lead to a correction. After Bitcoin’s price plunged over 12% from its March peak, as reported in a previous CNF update, Bitcoin miners...
83% of institutional investors plan to increase their crypto holdings in 2025, with growing interest in altcoins like XRP and Solana.DeFi adoption among institutions is projected to rise from 24% to nearly 75% within two years, driven by interest in staking, lending, and yield generation. In line with a recent CNF update highlighting DeFi’s growing...
According to a chart published in 1875 by Samuel Benner, Bitcoin investor Lark Davis predicts that a major bull run may not occur until 2026.With today’s FOMC meeting, the Federal Reserve is expected to keep interest rates steady at 4.25%-4.5%, which could either boost Bitcoin or increase market volatility. Recent analyses suggest that Bitcoin’s current...
Charles Hoskinson’s praise of Satoshi Nakamoto reignites debate on whether Bitcoin’s lack of leadership is a strength or weakness.Cardano’s ADA shows bullish signs but faces resistance, while Bitcoin remains dominant despite newer blockchain innovations. Charles Hoskinson, known for founding Cardano, has sparked a discussion with his comments on Bitcoin’s elusive creator, Satoshi Nakamoto. He dismissed...
CME data suggests a supply shock could drive Bitcoin’s price upward as institutional investors close short positions.Analysts’ targets range from $225K to $444K, reinforcing bullish sentiment for Bitcoin’s long-term growth. According to recent data from the Chicago Mercantile Exchange (CME), a potential supply shock for Bitcoin could be on the horizon, sparking discussions about its...
MicroStrategy’s growing debt and reliance on high-yield instruments raise concerns about its financial stability and the potential for Bitcoin liquidation.Investor confidence remains fragile as MicroStrategy’s debt repayment strategy could impact both Bitcoin’s price and the company’s stock value. After the recent MicroStrategy CEO Michael Saylor Buys $2B BTC update, as highlighted by CNF, under the...
Bitcoin remains above $80,000 as traders await the FOMC decision, while analysts predict a potential breakout if key liquidity levels are reached.The Federal Reserve is expected to keep interest rates unchanged, but any dovish signals from Chair Jerome Powell. Bitcoin remains stable above $80,000 as traders anticipate the Federal Open Market Committee’s (FOMC) interest rate...
Michael Saylor stated on X that “EUR gonna need BTC,” implying Bitcoin’s role as a hedge against economic uncertainty for the Euro.Saylor’s company, Strategy, is aggressively accumulating Bitcoin, evidenced by recent purchases and the launch of a new investment vehicle, Strife Michael Saylor, executive chairman at Strategy (formerly MicroStrategy), has once again stirred controversy in...