Key takeaways:A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000.Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target.Bitcoin’s (BTC) surge to...
Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the Senate Agriculture Committee.According to the calendar of the US...
Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC acquisition by the company, marking week eight of consecutive purchases by the company during this latest buying stint."Orange is my preferred color," Saylor wrote to his 4.4...
Banco Santander SA, a global banking institution, is considering expanding crypto services to retail clients and potentially launching a stablecoin product.The stablecoin plans are still in the early phases. According to a May 29 Bloomberg report, the bank is considering...
Key takeaways:Bitcoin is stuck below $110,000 due to macroeconomic uncertainty and Nvidia's earnings cap risk appetite.Strong spot BTC ETF inflows and Bitcoin options data are hints that US economic clarity could unlock BTC highs.Investor sentiment improved on May 26 after...
When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s using a similar strategy — this time borrowing against his Bitcoin...
After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the...
Moody's credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in creditworthiness.According to the May 16 announcement from the rating agency,...
Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said New York has an “outsized role to play” in the crypto ecosystem, particularly in shaping regulatory frameworks for digital assets. During a panel on May...
Tech company Microsoft and artificial intelligence firm OpenAI are reportedly in talks to renegotiate the investment deal between the AI firm and Microsoft, which is OpenAI's biggest financial backer.According to a report from the Financial Times, Microsoft may give up...
