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Bitcoin Price Analysis: Will the $80K Support Level Hold BTC After Recent Rejection?

Bitcoin’s price was rejected this week, showcasing the insufficient bullish momentum in the market. Nevertheless, the asset faces a substantial support range at the $80K mark, which is expected to hold the price in the short term. Technical Analysis By Shayan The Daily Chart Bitcoin has recently experienced a notable rejection after briefly breaking above […]

Feeding Frenzy: Bullish Corporate Balance Sheets Wolf Bitcoin Up in March

In March, corporate treasuries from Virginia to Texas, California, and Japan added Bitcoin to their books as a financial strategy. This is beginning to become a trend with factorable implications for Bitcoin’s price. Bitcoin ETFs on Wall Street flipped back to a streak of decisively positive inflows in March. These are custodial services of on-chain […]

Bitcoin Stable at $84K – But 2 Red Flags Point to an Imminent Correction

The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one, and BTC remains stuck at around $84,000. However, the cryptocurrency doesn’t tend to stay steady for long, so this could be simply the calm before the storm. Whale Activity Warning As we have explained […]

North Carolina and Minnesota Introduce Legislation to Expand Bitcoin Adoption

Recently, both North Carolina and Minnesota have introduced legislation aimed at expanding Bitcoin adoption amidst a growing trend among US states to explore cryptocurrency reserves. In North Carolina, the State Senate has passed SB327, a bill that authorizes the State Treasurer to allocate up to 10% of its public funds into Bitcoin. North Carolina, Minnesota […]

Strategy Plans to Use Funds from Preferred Stock Offering for Bitcoin Acquisitions

Prominent business intelligence firm and the world’s largest corporate holder of the Bitcoin Strategy has announced plans to bid 5 million shares of its Series A Perpetual Strife Preferred Stock (PSPS) through a public offering. The company plans to use the proceeds for general corporate purposes, including working capital and the acquisition of Bitcoin. However, […]

No Strategic Bitcoin Reserve in South Korea: Report

The United States government may be keen on owning and maintaining a digital asset stockpile, but not all countries feel the same way. South Korea, for one, has expressed its disinterest in including bitcoin (BTC), or any cryptocurrencies, in its foreign exchange reserves. A report from the local media Korea Economic Daily revealed that the […]

Maddow Slams Trump and Calls Bitcoin ‘Scam’ – She Got These 5 Facts Wrong

The Rhodes Scholar and liberal media commentator said in a segment that aired Thursday, March 6, that cryptocurrency is a scam. She also slammed the White House for “playing this game.” MSNBC Host Rachel Maddow calls Trump’s Strategic Bitcoin Reserve a ‘deeply old-fashioned simple scam.’ She draws a striking comparison between crypto and Beanie Babies, […]

Deutsche Boerse’s Clearstream to Launch BTC and ETH Custody for Institutions: Report

Deutsche Boerse’s post-trade unit, Clearstream, announced that it will introduce crypto custody and settlement services for institutional clients later this year. The services will be provided through its majority-owned subsidiary, Crypto Finance, which will act as a sub-custodian. Clearstream’s Offering According to a Bloomberg report, Clearstream will offer custody services for Bitcoin (BTC) and Ethereum […]

Trump’s Strategic Bitcoin Reserve Sparks Backlash Over Alleged Self-Enrichment

In a strong rebuke of President Donald Trump’s latest financial policy, Democratic Representative Gerald E. Connolly has called on the US Treasury Department to immediately halt efforts to establish a strategic cryptocurrency reserve. Connolly, who serves as the Ranking Member of the House Oversight and Government Reform Committee, raised concerns over what he described as […]