Why Investors Should Still Diversify with Ethereum

In a recent update from COINOTAG dated May 14th, Matt Hougan, Chief Investment Officer at Bitwise, underscored Bitcoin’s dominance in the cryptocurrency market. He characterized Bitcoin as the *preeminent asset* in the sector, highlighting its unparalleled *liquidity* and *maturity*. Often referred to as *digital gold*, Bitcoin stands as the only cryptocurrency with a realistic pathway … Read more

Tether Backed Twenty One Capital Buys $458.7M in Bitcoin As Price Eyes New ATH

Tether-backed Bitcoin investment firm Twenty One Capital has acquired 4,812 BTC valued at $458.7 million, according to a U.S. Securities and Exchange Commission (SEC) filing dated May 13. The transaction is part of a private investment in public equity (PIPE) deal tied to the firm’s ongoing SPAC merger with Cantor Equity Partners. This buy comes … Read more

Ethereum retakes 10% control of crypto market, but ETH bulls shouldn’t celebrate yet

Key takeaways: Ethereum’s market dominance has hit overbought RSI levels not seen since May 2021, historically followed by major pullbacks. ETH/USD is showing a bearish divergence on the four-hour chart, hinting at a potential 10–15% price correction. Despite the near-term risks, some analysts view a pullback as a “buy-the-dip” setup before a possible move toward … Read more

Bitcoin Price Watch: Daily Momentum Strong, But Short-Term Charts Signal Caution

Bitcoin is trading at $104,071, with a total market capitalization of $2.067 trillion and a 24-hour trading volume of $30.25 billion. Over the last 24 hours, bitcoin moved within a price range of $103,108 to $104,836, indicating a narrow consolidation near recent highs. Bitcoin Despite exhibiting strong bullish momentum on the daily chart, bitcoin appears … Read more

BTC Boom Likely as Bond Yields Surge

Hardening government bond yields, especially on U.S. treasury notes, have traditionally been viewed as a headwind for bitcoin (BTC) and other risk assets. However, recent persistent resilience in treasury yields suggests a different story — one driven by factors that could be bullish for bitcoin, according to analysts. The U.S. data released Tuesday showed the … Read more

Top South Korean presidential hopefuls support legalizing Bitcoin ETFs

South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions. Still, some industry observers remain cautious about the likelihood of near-term regulatory change. “All three major South Korean presidential candidates support #Bitcoin ETFs and institutional investment,” Ki Young Ju, the founder … Read more