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Bitcoin

What's Next for Bitcoin? Here's What Analysts Are Saying

What's Next for Bitcoin? Here's What Analysts Are Saying

As Bitcoin’s price recovers above $87,000, analysts are divided. While some see short-term bullish signals pointing towards a potential rally to $110,000, the looming ‘death cross’ technical pattern warns of further downside, making this a critical juncture for the market.
Hedge Funds Are Massively Betting Against the Dollar – Is That Good for Bitcoin?

Hedge Funds Are Massively Betting Against the Dollar – Is That Good for Bitcoin?

New market data reveals that hedge funds have taken massive short positions against the U.S. dollar, a historically crowded trade that often precedes a sharp reversal. This article explores the potential consequences of a dollar short squeeze for the Bitcoin price, analyzing both short-term risks and long-term opportunities.
First U.S. State Buys Bitcoin: Texas Makes Historic Move

First U.S. State Buys Bitcoin: Texas Makes Historic Move

Texas has become the first U.S. state to purchase Bitcoin, investing $10 million via BlackRock’s IBIT ETF to establish a strategic digital reserve. The state plans to eventually move to self-custody, setting a potential precedent for other states.