Bitcoin (BTC) experienced a slight rebound after reaching a near eight-month low of $87,500 on Wednesday. By Thursday, the leading crypto surged back toward $90,000. However, market expert Leshka warns that this brief increase may signal only the start of a new distribution phase for Bitcoin, as selling pressure continues to build. Possible Bottom Between…
Tag: crypto
Saylor’s Strategy Under Threat: Index Status At Risk With $8 Billion On The Line
Michael Saylor’s Strategy, formerly known as MicroStrategy, has found itself significantly exposed to the ongoing downturn in the cryptocurrency market, which has seen more than $1 trillion in total market capitalization wiped out over the past month. As the largest public holder of Bitcoin, with over 650,000 coins, the company is now facing the real…
BlackRock’s Bitcoin ETF Bleeds Over $500 Million In Its Biggest One-Day Outflow
Nearly two years after the inception of the Bitcoin ETF sector in the United States, these funds are currently grappling with significant challenges, exacerbated by mounting concerns regarding a potential bear market in the coming months. This turmoil is exemplified by the BlackRock iShares Bitcoin Trust ETF (IBIT), which experienced its largest single-day withdrawal since…
XRP Supply Shock Ahead? ETFs Could Consume It All, Analyst Predicts
A new projection from an XRP analyst is drawing fresh attention to how quickly spot ETFs could gobble up available tokens if heavy inflows persist. The numbers in the model are simple and large, and they force a straightforward question: what happens if steady ETF buying meets a limited public supply? ETF Flows Could Outrun…
CEO Cuts Cardano Founder’s Bitcoin Price Forecast, Warns Bear Market Just Starting
Cardano (ADA) founder Charles Hoskinson previously projected that the Bitcoin price could reach an impressive price of $250,000 as early as this year. This bold forecast, made in April, came at a time when Bitcoin was trading at $77,000 after achieving a record high of $109,000 in January. Hoskinson’s Optimistic Bitcoin Price Forecast Hoskinson’s optimism…
Kraken Achieves $20 Billion Valuation With $200 Million Investment From Citadel
The US-based cryptocurrency exchange Kraken recently secured a substantial $200 million investment from Citadel Securities, a global market maker. This investment values the exchange at an impressive $20 billion. Kraken’s Growth Backed By Citadel Securities Citadel Securities has expressed enthusiasm about supporting Kraken’s growth, emphasizing the firm’s role in shaping the future landscape of digital…
Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds
Donald Trump has pushed the Federal Reserve back into the center of the crypto macro narrative, telling reporters he “already” knows who should succeed Jerome Powell and triggering a sharp repricing in real-money prediction markets in favor of Kevin Hassett. In remarks in the Oval Office, Trump said: “I think I already know my choice,”…
Trump Drops 500% Tariff Shockwave, Crypto Trembles — Bitcoin Breakdown Ahead?
US President Donald Trump on Friday voiced support for a Senate measure that would let the US impose tariffs of up to 500% on imports from nations still buying Russian energy. “It would be okay with me,” he said. Based on reports, the proposal names oil, natural gas, petroleum products and uranium as covered goods…
Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate
Bitcoin’s latest downturn has caused considerable speculation about whether Strategy’s (formerly known as MicroStrategy) massive holdings are playing a role in the market’s weakness. The concerns escalated sharply when wallet-monitoring platforms flagged large Bitcoin transfers linked to the company, sparking widespread claims that a major sell-off had begun. The conversation gained even more traction when…
Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders
A recent comment from crypto analyst CryptoTank has brought attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders. The clarification arrives at a time when XRP…