Author: Anthony M. Orbison
Bitcoin (BTC) price has been consolidating in a wide range between $76,600 to $87,500 since March 11. According to technical and onchain indicators, Bitcoin’s consolidation may continue for some time. The key question that remains is when Bitcoin will break out of the current multiweek range.XRP/USD daily chart. Source: Cointelegraph/TradingViewBTC price must reclaim $90K to end consolidation Bitcoin may continue consolidating in its current range for a bit longer, particularly if $90,000 is not reclaimed, says one popular crypto analyst.In a March 23 post on X, market analyst Daan Crypto Trades said:Since March 11, BTC price action has been “choppy,” failing to…
After much deliberation and delay, Bitcoin has finally displayed signs of rejuvenation, with BTC slowly inching towards claiming the $87K price mark. The token was earlier trading around the $84K price pedestal and was struggling to move past the critical price point. As of now, the token is sitting at $86K, up 3% in the last 24 hours. Can BTC truly hit a new time before the end of Q1, 2025? Let’s find out.Also Read: White House Scaling Back Tariffs—Here’s What It Means for YouBitcoin: What’s Next?Source: Watcher GuruBitcoin is currently sitting at $86K at press time, up 3% in…
Bitcoin heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals.Bitcoin (BTC) market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows.PCE week coincides with the last full trading week of March, and risk assets are showing a hint of optimism.When it comes to BTC price strength, RSI is increasingly demanding bullish continuation.Bitcoin’s short-term holders are under pressure amid serious unrealized losses.Stablecoin stocks on Binance hit record highs in what research hopes is a positive signal for investor confidence.Bitcoin traders see downside reversal nextBitcoin is nearing a…
While a major portion of leading investment banks are eyeing cryptocurrency investments, will Switzerland’s Central Bank follow suit? The Vice President of Swiss Bank, Martin Schlegel was asked if the institution plans to keep Bitcoin in its reserves. The question comes after US President Donald Trump showed interest this year in diversifying the reserves with leading cryptocurrencies. The mounting international attention towards BTC is making larger financial institutions take note of the broader cryptocurrency market.Also Read: How Much Bitcoin (BTC) Does North Korea Hold?Bitcoin: Will the Swiss Bank Start Buying BTC?Source: ReutersDuring an interview with Bloomberg Television, Schlegel confirmed that…
An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst.Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March 21 note that Trump administration officials, including Elon Musk, have floated using a blockchain to track US gold and government spending — an idea supported by crypto executives.“Here’s the thing about blockchains. They’re not very smart,” Cipolaro said. “They’re limited in the information they convey. For…
Floki Plans FLOKI Token ETP in Switzerland Floki, the project behind the FLOKI token, is preparing to launch an exchange-traded product (ETP) on Switzerland’s SIX Swiss Exchange in the first quarter of 2025. If approved, this initiative would make FLOKI the second memecoin, after Dogecoin, to offer a regulated investment product in Europe. This move signifies an important step in bringing institutional-grade investment opportunities to the cryptocurrency market, bridging the gap between traditional finance and digital assets. The proposed ETP is being developed in partnership with a regulated asset manager and ETP issuer, aiming to make it accessible to both…
Altcoin market cap peaked at $1.6 trillion in late 2021 before plunging to $0.4 trillion in 2022. Despite the recent 75% decline in altcoin trading volume, the possibility of an altseason in 2025 remains. Recently, Bitcoin’s [BTC] dominance fluctuating alongside the altcoin sector’s performance. From early 2022 to March 2025, Bitcoin’s price peaked at approximately $70,000 in late 2024. At the same time, the number of active cryptocurrencies on CoinMarketCap surged to 11,000 before declining to 10,600. Source: Alphractal This 400-altcoin drop aligns with broader market trends, mirroring a significant reduction in Web3 investments. Between 2021 and 2023, Web3 funding…
After a rather challenging seven days, Shiba Inu (SHIB) was seen starting the final week of March on a good note. The second largest meme coin showed signs of recovery. March has been a chaotic month for most assets in the cryptocurrency market. Over the past 30 days, SHIB recorded a drop of 16.87%. The asset went from trading at a high of $0.00001578 down to a low of $0.00001095. The community hopes to witness a change in the price of the meme coin.Also Read: Will XRP Rocket 75%? SEC’s Legal Decision Sparks Massive RallyHow Is Shiba Inu Trading Today?Source:…
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.” Lee added that a close above $87,000 would give a clearer bullish confirmation.Tariff wars have rocked both traditional markets and the cryptocurrency markets in the past few days. Nansen research analyst Nicolai Sondergaard believes the markets may remain under pressure until April 2. While speaking on Cointelegraph’s Chainreaction daily X show,…
A popular crypto strategist believes that memecoins will have their day under the sun after getting crushed over the last few months. Pseudonymous trader Altcoin Sherpa tells his 244,300 followers on the social media platform X that he expects meme tokens to eventually take center stage, highlighting that the crypto sector relies on trader attention. But while the analyst believes that memecoins will make a comeback, he says those that have been around longer than others will likely lead the surge. One asset on his radar is the Solana (SOL)-based token Bonk (BONK). “Most memes got smashed overall but I…