Tag: Bitcoin
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French lawmakers say country could generate $150M in annual revenue from Bitcoin mining
French lawmakers propose a 5-year Bitcoin mining pilot to utilize excess nuclear energy, potentially generating $150M annually while stabilizing the grid and supporting heat recovery initiatives.
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Bitcoin Dominance Just Got Rejected From TSDT Resistance That Triggered Last Altcoin Season — Details
Bitcoin Dominance faces rejection at key TSDT resistance, mirroring 2021’s altcoin season trigger. Analysts watch for potential altcoin rally as BTC.D trends downward, signaling possible capital rotation to altcoins.
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Roxom to Launch an Exchange for BTC Treasury Company Stocks
Roxom is launching a Bitcoin-denominated exchange for trading stocks and commodities in BTC, featuring Spot and Derivatives trading, with a focus on companies holding BTC treasuries.
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Bitcoin Next Key Level Is $136,000 If Momentum Holds, Glassnode Says
Glassnode predicts Bitcoin could reach $136,000 if current momentum continues, based on Short-Term Holder Cost Basis and other on-chain indicators, despite signs of overheated market conditions.
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VanEck Details Key Drivers Boosting Bitcoin Price, Including Corporate Treasury Demand, ETF Flows and More – The Daily Hodl
VanEck analyst Matthew Sigel highlights key Bitcoin price drivers: corporate treasury demand, ETF inflows, policy clarity, and institutional adoption. BTC’s volatility drop and strong holder conviction also contribute to its 30% YTD gain.
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Bitcoin’s Next Milestone: $250K In Sight After $120K Test, Analyst Says
Bitcoin breaks past $120K, with analysts predicting a potential rise to $250K in 2025. Key drivers include Ethereum ETF approval, Fed rate cuts, and institutional interest. Long consolidation under $110K supports bullish momentum.
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Crypto Analytics Firm Swissblock Points to Further Bitcoin (BTC) Upside, Says Altseason May Already Be Here – The Daily Hodl
Swissblock analysis suggests Bitcoin’s upside is structurally supported by strong on-chain fundamentals, while altcoins may be entering a fast-moving Wave 5 altseason phase.
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$3,500,000,000 in Profits Locked In by Bitcoin Investors in Just 24 Hours As BTC Printed New All-Time Highs: Glassnode – The Daily Hodl
Bitcoin investors locked in $3.5 billion in profits within 24 hours as BTC hit new all-time highs, with long-term holders taking 56% of profits, according to Glassnode.
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XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH?
XRP surged to become the third-largest cryptocurrency after SEC approved ProShares Ultra XRP ETF, sparking speculation if it can overtake Ethereum’s market cap next.
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25% of Bitcoin at Risk: Developers Push for Quantum-Resistant Upgrade
Developers propose a quantum-resistant Bitcoin upgrade to protect 25% of BTC supply vulnerable to quantum computing attacks, including Satoshi’s coins, via a three-phase security plan.