Bitcoin

Bitcoin has bounced back above $92,000 after a sharp drop, with analyst Michaël van de Poppe suggesting the market may have bottomed. The breakthrough of the $92K resistance level could pave the way for a new all-time high and a test at $100K.

A 15-year-old Bitcoin wallet containing 50 BTC mined in 2010 has suddenly been activated, sparking speculation about a potential sell-off. The move comes as miners increasingly sell their holdings due to rising operational costs and a declining Bitcoin price.

The crypto market is back in the green, with Ethereum rallying ahead of its major Fusaka upgrade and Sui leading the top 100 gains after a significant price surge.

A new report highlights a surge in leverage trading, leading to more violent market swings. The ‘Early Black Friday’ event saw over $640 million in hourly liquidations, while Bitcoin’s dominance and spot volumes continue to grow, signaling a maturing market.

A classic Bitcoin volatility indicator hits a historic low, echoing a late 2023 signal that preceded a 40% price surge. Analysts debate whether history will repeat.

The crypto market is in full rally mode, with Bitcoin climbing 8% and numerous altcoins posting even larger gains, some exceeding 30%. The surge marks a strong reversal from recent sharp price declines.

Strategy, formerly MicroStrategy, is in talks with MSCI about a potential removal from its indices due to a new policy limiting crypto exposure. The move could trigger billions in outflows and impact the broader crypto market.

Bitcoin’s price fell below €80,000 following news that Microsoft had lowered its sales targets for AI software. The development sparked concerns about the growth of the AI sector, leading to a sell-off in tech stocks that also impacted the cryptocurrency market.

This article explores the debate over Bitcoin’s scarcity. While the 21 million coin cap is a core tenet of its value, critics argue that its divisibility into satoshis makes this scarcity an illusion. Proponents, however, counter that demand outstrips supply, making it a genuinely scarce asset.

Fed Vice Chair Michelle Bowman’s recent remarks signal a potential shift towards deregulation to boost credit flow. Analysts believe this preparation for a softer economy could increase liquidity, benefiting Bitcoin in the medium term, though short-term volatility is likely.