Bitcoin price surged above $64,000, approaching the key $65,000 resistance after U.S. President Donald Trump indicated Iran had reached out for possible talks, easing geopolitical tensions. This lifted risk appetite across markets, with Bitcoin futures and options volumes rising sharply as traders bet on a breakout. Technically, Bitcoin formed an inverse head-and-shoulders pattern targeting $71,800 if it breaks $65,000, but failure at this level could see a pullback toward $62,000. Analysts caution that geopolitical risks and market sentiment shifts remain key factors to watch.
A US congressman has introduced a bill to create a strategic Bitcoin reserve managed by the Treasury and to eliminate capital gains tax on Bitcoin transactions. This proposal aims to support institutional adoption and allow taxpayers to pay federal t...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $65,160 and Ethereum near $1,921. Several altcoins like BEAT and PUMP have seen significant percentage gains, 35.1% and 12.9% respectively, indicating selective investor...
Economist Robin Brooks criticized Bitcoin's role as a safe-haven asset, highlighting its underperformance compared to precious metals like gold during periods of currency debasement. He argues that Bitcoin has not established itself as a reliable sto...
The US Senate has moved the CLARITY Act, a key cryptocurrency regulation bill, closer to a full vote, aiming to clarify federal rules on digital assets. This progress is seen as a positive step toward regulatory certainty, which has slightly increase...
Bitcoin's price has fallen 48.37% from its all-time high, reducing the value of Satoshi Nakamoto's untouched Bitcoin holdings to about $71.19 billion from over $138 billion. This significant drop reflects the broader market downturn and low trading a...
