Bitcoin (BTC) stabilized above $104,000 and recovered to the $105,000 level for the first time. Based on price metrics, profit-taking may start happening at prices above $106K. Bitcoin (BTC) may start seeing profit-taking at prices above $106,000, based on Alphractal data. The metrics show price levels where profit-taking is probable, based on historical data. BTC … Read more
Polymarket bettors currently place a 56% probability on U.S. President Donald Trump abolishing the long-term capital gains tax in 2025. Though Trump has yet to address the matter directly, policy documents aligned with his agenda—as well as proposals from right-leaning think tanks—have consistently championed a dramatic reduction of the capital gains tax. Trump Tax Twist? … Read more
Key takeaways: Possible de-risking ahead of the May 13 CPI print could be playing a role in today’s BTC price correction. Bitcoin market structure and qualitative fundamentals remain bullish, suggesting today’s correction could be short-lived. Bitcoin (BTC) price briefly stumbled on May 12, falling to $102,388 after hitting an intraday high at $105,819 during the … Read more
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee as we look into what Bitcoin (BTC) could be for Ireland, one of the countries dealing with US President Donald Trump’s tariff hikes. Amid global economic uncertainty, Bitcoin’s hedge status is … Read more
Despite sellers’ pressure, most of the coins remain in the green zone at the beginning of the week, according to CoinMarketCap. Top coins by CoinMarketCap DOGE/USD The rate of DOGE has risen by 4.43% over the last 24 hours. Image by TradingView On the hourly chart, the price of DOGE might have set a local resistance … Read more
Strategy has significantly expanded its Bitcoin position with the purchase of 13,390 BTC for approximately $1.34 billion at an average price of $99,856 per coin. The company announced the acquisition on X, revealing that the purchase took place between May 4 and May 11, marking one of its largest weekly BTC buys to date. As … Read more
Humans like to make analogies to understand new things better. It makes complete sense why we would look for one in the case of Bitcoin. Bitcoin is a novel concept to most people hearing about it for the first time, and can require great effort to grasp fully. Using the phrase “digital gold” to describe … Read more
After the Royal Government of Bhutan quietly rearranged portions of its bitcoin holdings—holding 7,486 BTC on May 2—some 4,576 BTC has since returned to its reserves, bringing the kingdom’s total stash to 12,062 BTC ten days later. Meanwhile, North Korea’s Lazarus Group has been actively trimming its holdings, falling below Bhutan in the hierarchy of … Read more
Several analysts expect XRP to claim new price peaks in the foreseeable future, citing a blow-off top in the current cycle and a symmetrical triangle breakout. These analyses come on the back of the renewed momentum in the crypto market, buoyed by the recent Bitcoin (BTC) recovery above the $100,000 mark. XRP has also jumped … Read more
Government Crypto Ban: Senate Democrats Introduce Critical Bill Targeting Officials – BitcoinWorld Skip to content Home News Crypto News Government Crypto Ban: Senate Democrats Introduce Critical Bill Targeting Officials Source: https://bitcoinworld.co.in/senate-introduces-crypto-ban/