Tag: Bitcoin
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Bitcoin’s Dominance Could Kill Altseason Dreams, Analyst Warns
An analyst warns Bitcoin’s strong market dominance may prevent an altseason, as BTC holds key support levels. Despite brief dips, Bitcoin’s dominance rebounds, keeping altcoins subdued amid steady Fed rates.
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Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again
Bitcoin shows a bullish divergence on its 4-hour chart, similar to the pattern before its May all-time high. Analysts suggest this could signal another breakout as selling pressure weakens.
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This Metric Is Flashing a ‘Typically’ Bullish Signal for Bitcoin, According to Crypto Analytics Platform Santiment – The Daily Hodl
Santiment reports Bitcoin’s bullish-to-bearish sentiment ratio hit a two-month low, often a precursor to a rally. Geopolitical tensions may cause volatility, but BTC remains stable around $104,000.
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Bitcoin Hoarder Semler Scientific Appoints New Bitcoin Strategy Director, Aims for 10,000 BTC by Year-End – The Daily Hodl
Semler Scientific appoints Joe Burnett as Bitcoin Strategy Director, aiming to hold 10,000 BTC by 2025 and 105,000 by 2027, reinforcing its commitment to Bitcoin as a corporate treasury asset.
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Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin
Norway plans a temporary ban on new crypto mining data centers due to environmental concerns, conflicting with local firms investing heavily in Bitcoin as a treasury asset.
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Bitwise CEO says Bitcoin’s true rival is US Treasuries, not gold
Bitwise CEO Hunter Horsley argues Bitcoin’s main rival is US Treasuries, not gold, due to their political ties. He highlights Bitcoin’s liquidity and accessibility but notes adoption barriers like institutional fatigue.
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Analyst Warns Of Bitcoin Breakdown—’If This Continues, It Snaps’
Analyst Dom warns Bitcoin is nearing a structural tipping point due to relentless selling and thin liquidity. Without swift bullish action, a severe breakdown could occur, with minimal support below current levels.
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Arizona revives bid for seized crypto reserve fund through House Bill 2324
Arizona’s House Bill 2324 proposes a crypto reserve fund from seized assets, with proceeds split between anti-racketeering, general, and reserve funds, pending House approval and governor’s signature.
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Bitcoin at $100K Shows Institutional Dominance, Not Retail FOMO
Bitcoin network activity shows declining transactions but rising settlement volume, indicating institutional dominance. Large transactions now dominate, with fees remaining low despite high prices, signaling a market shift.
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Solana Correction About To End? Analyst Forecasts $130 Retest Before Next Wave Up
Analysts suggest Solana’s correction may end soon, with a potential retest of $130 before a breakout. SOL has been consolidating, and a falling wedge pattern indicates possible upward movement.
