Sentiment

Bitcoin Surges Past $88,000 as Pro-Crypto SEC Chair Takes Office

Bitcoin Surges Past $88,000 as Pro-Crypto SEC Chair Takes Office

Bitcoin has vaulted to an all-time high – peaking at an intraday high of $88,821.47. This breakout comes after weeks of tight, sideways price action – a period that has had investors excited and anticipating this move. The surge coincided with pro-cryptocurrency Paul Atkins being sworn in as the new...

Bitcoin Falters After Trump Victory Despite Strategic Reserve Promise

Bitcoin Falters After Trump Victory Despite Strategic Reserve Promise

Bitcoin enters a time of profound uncertainty after the apparent election of Donald Trump to the US Presidency. The cryptocurrency's price has seen a significant drop despite initial expectations of positive momentum fueled by Trump's pro-crypto stance and the promise of a Strategic Bitcoin Reserve.If you remember back in January...

Bitcoin Surges Past $87K as Dollar Weakens Amidst Political Uncertainty

Bitcoin Surges Past $87K as Dollar Weakens Amidst Political Uncertainty

Bitcoin topped the $87,600 level on Monday in Asian trading hours, hitting its highest value in nearly six months. The U.S. Dollar Index (DXY) dove down to its lowest level since February 2022, hitting 98.5. This sudden and unexpected decrease was the catalyst for a meteoric rise in the market....

XRP Price Consolidates Near Key Fibonacci Level Amidst Market Uncertainty

XRP Price Consolidates Near Key Fibonacci Level Amidst Market Uncertainty

XRP is at a very interesting juncture at the moment, right now trading at $2.09. It is running into stiff resistance right under the 50-day simple moving average (SMA). The moving average was previous support during the 2024 price action. Now, it acts as an obstacle, keeping XRP from breaking...

Popcat Crypto Surges as Key Resistance Tested

Popcat Crypto Surges as Key Resistance Tested

Now, after weeks of bullish consolidation, Popcat crypto is trending upward rapidly, testing key resistance levels and producing bullish momentum. Meme coin has shown unprecedented upticks in the past 24 hours drawing interest from investors and traders alike. This meme coin resurgence is happening as the entire crypto market tentatively...

Bitcoin's Wild Ride Investors Grapple with Fear, Greed, and Government Intrigue

Bitcoin's Wild Ride Investors Grapple with Fear, Greed, and Government Intrigue

The cryptocurrency industry continues to chart a difficult path. Investor sentiment, regulatory proposals and evolving perceptions of Bitcoin’s strategic value all have a profound impact in this constantly-fluid environment. Instead, Bitcoin has continued to behave like a highly volatile tech stock. Yearly, it has experienced immediate price fluctuations while making...

Bitcoin Bulls Aim for $86K, Shorts Face $600M Liquidation Risk

Bitcoin Bulls Aim for $86K, Shorts Face $600M Liquidation Risk

Bitcoin (BTC) held close to $83,800 on April 16, as traders weighed more bullish signals against jittery market uncertainty. The Binance Taker Buy Sell Ratio Neutrality is back! Further, this development shows an increase in buy-side demand on the exchange. An estimated rise to $86,900 would wipe out more than...

Bitcoin Navigates Consolidation Phase Amidst Strategic Reserve Discussions

Bitcoin Navigates Consolidation Phase Amidst Strategic Reserve Discussions

Bitcoin is trading at $85,700 at the time of writing, up 1.24% in the past 24 hours. Primary on-chain metrics continue to point towards strong buying trends and a reducing supply on exchanges. This understated ascent fortifies a tricky backdrop to the asset’s imminent directional breakout. Negotiations are still ongoing...

5 Reasons Atkins' SEC Could Unleash Bitcoin's Next Bull Run

Since then, Paul Atkins has taken the reins at the SEC, which represents a dramatically different leadership as well. If successful, this change would be a tectonic shift for Bitcoin’s future. Forget the typical bureaucratic relabeling – this is an actual paradigm shift in thinking. He is a pro-crypto advocate....

Bitcoin's Rise, Ethereum's Fall Africa's Crypto Game Changer?

Bitcoin’s blasting off like a SpaceX rocket, Ethereum sputtering on the launchpad. And when we look out, we see the headlines, the charts, the breathless pronouncements of a new bull run. But wait before you envision Lambos lining the streets in front of mud huts, let’s discuss what all this...

Bitcoin to $92K? Why Southeast Asia's Gen Z is Already There

Western analysts are salivating over Bitcoin possibly reaching $92,000. Okay, fine. Let’s be honest, that’s a whole lot of yesterday’s news in Southeast Asia. We understand that Wall Street is attuned to charting lines and price targets, and the like. In contrast, Gen Z in Indonesia, the Philippines and Vietnam...

Bitcoin's $90K Surge: Africa's Crypto Revolution is Just Beginning

$90,000 Bitcoin? So what? That’s probably your first thought. Another number, another headline. Allow me to say, this is not another price point. For Africa, a jump to $90K-$92K would be a tectonic shift kind of deal. Perhaps this new record will ignite the new financial revolution that has been...

Bitcoin to $90K? Decoding the Breakout & What it Means Now

Bitcoin (BTC) price has recently made powerful bullish momentum. This has left many individual investors scrambling to figure out whether it’s going to shoot up to $90,000 in the near future. This article unpacks the technical analysis behind TCX’s potential rally. That includes an overview of major support and resistance...

Trump's Bitcoin Reserve Fails Africa 3 Ways It Hurts Fintech

The hype was real. When Trump first indicated a pro-crypto position (most notably with the Strategic Bitcoin Reserve plan that sent Bitcoin’s value skyrocketing). The reality? That’s a huge disappointment, particularly to Africa’s rapidly growing fintech market. In the process, the often-forgotten continent is again, er, forgotten. We were sold...

Trump's Bitcoin Blunder: Southeast Asia's Crypto Dreams Crushed?

Southeast Asia was buzzing. You could feel it. The busy streets of Jakarta are clamorous with activity. In stark contrast, Singapore’s tech scene is abuzz with the latest wave of hopeful optimism. Bitcoin. This initiative is not only about profit. We seek financial inclusion to unshackle from the longstanding gatekeepers...

Trump's Bitcoin Reserve: Epic Fail or Strategic Pause?

The crypto space, as we all know, is a highly speculative environment driven by sentiment. Recent events involving Donald Trump’s plan to adopt a Bitcoin reserve give us a vivid example of this phenomenon. That first announcement sent a shockwave of excitement and speculation across the country. The grizzly details...