Author: Anthony M. Orbison
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.The executive posted the Sunday Bitcoin chart on X that signals another BTC acquisition the next day — when traditional financial markets open — with the playful message “needs more orange.”According to SaylorTracker, the company’s most recent BTC acquisition occurred on March 17, when Strategy purchased 130 BTC, valued at $10.7 million, bringing its total holdings to 499,226 BTC.Strategy’s total Bitcoin purchases. Source: SaylorTrackerStrategy’s March 17 BTC acquisition represents one of its smallest purchases on record…
Opinion by: Nick Denisenko is the chief technology officer and co-founder of BrightyYou can’t fight it. Crypto investments and transactions are on the up. The technology is seamless in crossing borders and making international transactions convenient. Many people report this as a reason for choosing to receive payments in crypto. Using cryptocurrency to pay bills is becoming increasingly popular as digital currencies gain wider acceptance. And, with the number of digital nomads expected to exceed 60 million by 2030, the shift toward crypto has glaring consequences for businesses attracting talent in a global market. Crypto companies are multinational by default. Spread…
Ether needs to reclaim the “macro” range above the $2,200 mark to amass more upside momentum as crypto markets remain pressured by global macroeconomic concerns until at least the beginning of April.Ether (ETH) price is down over 51% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows.ETH/USD, 1-day chart. Source: Cointelegraph/TradingViewTo stage a reversal from thncoinglis downtrend, Ether price needs to reclaim the “macro range” above $2,200, wrote popular crypto analyst Rekt Capital in a March 19 X post:“If price can generate a strong enough reaction here, then #ETH will be able to…
Bitcoin analysts are eying the weekly close to gauge Bitcoin’s price trajectory for next week, as traditional and crypto markets are lacking direction amid a mix of global trade war fears paired with easing inflation concerns.Bitcoin’s (BTC) price may see more downside next week unless it manages to close the week above the $85,000 psychological mark, according to Ryan Lee, chief analyst at Bitget Research.“Bitcoin’s relief rally after the FOMC meeting and lower CPI readings has analysts eyeing a weekly close above $85,000, as critical for resuming upside momentum,” Lee told Cointelegraph, adding:“A close above this level could prevent a…
A crypto analyst says inaccurate narratives still circulate in the cryptocurrency market, mainly based on skewed information rather than onchain data to back it up.“Beware of misinformation. Despite the data, misleading narratives persist,” CryptoQuant contributor “Onchained,” said in a March 22 market report.“Such claims often lack onchain validation and are driven by sensationalist market sentiment rather than objective analysis,” the analyst said, adding:“Trust data, not noise, verify sources and cross-check onchain metrics.”Onchained pointed to the recent movements of Bitcoin (BTC) long-term holders (LTH) — those holding for over 155 days — as an example of false narratives clashing with real…
Bitcoin (BTC) price has been oscillating inside the $82,400-85,300 range since March 14 as breakouts in both directions have been short-lived, as shown below.BTC/USD four-hour price chart. Source: TradingViewKey factors behind Bitcoin’s flat price action include:Trade war fears offset pro-Bitcoin newsBitcoin’s price is stuck as bullish and bearish headlines are clashing, creating bias conflicts that keep traders guessing and BTC range-bound.The bullish signals:On March 19, the Federal Reserve kept interest rates steady at 4.25%–4.50% and announced a slower pace of balance sheet runoff, signaling looser policy ahead.Fed Chair Jerome Powell used the word “transitory” to describe tariff-driven inflation, striking a…
scotcoin In a bold move that’s raising eyebrows across the cryptocurrency landscape, Scotland’s indigenous digital currency Scotcoin is targeting a $250 million valuation ahead of its February 2025 exchange listing. But unlike typical crypto launches focused on speculation and profit, this unique digital token has a surprising mission: using blockchain technology to combat poverty and social inequality. The Scotcoin Project, operating as a Community Interest Company (CIC), represents a dramatic departure from traditional cryptocurrency models. While Bitcoin and other major cryptocurrencies have become synonymous with volatile trading and wealth accumulation, Scotcoin has positioned itself as an “ethical cryptocurrency” with a…
Jupiter’s flag pattern hinted at a potential decline towards the $0.41 mark. Negative sentiment and low social dominance supported the likelihood of downward pressure on price. The cryptocurrency market is filled with volatility, and Jupiter [JUP] is no exception. With a press time price of $0.5314, showing a 5.14% increase at the time of writing, the price action suggests that Jupiter may be in a precarious position. As traders monitor the potential for a breakdown, all eyes are on the flag pattern that could dictate whether a move towards $0.41 is on the horizon. What does price action reveal about…
The Wyoming-incorporated tech firm confirms prioritizing Ethereum over Bitcoin treasury, citing ETH potential as a financial instrument. In a Wednesday statement, BioNexus Gene Lab Corporation confirmed the formal approval to establish an Ethereum-focused treasury. The decision makes it the first Nasdaq-listed entity to prioritize ETH as its strategic asset exclusively. BioNexus Adopts Ethereum Treasury The Wyoming-based tech firm issued the Ethereum Strategy Whitepaper alongside the March 5 announcement outlining the rationale of prioritizing ETH over the common Bitcoin treasury. The firm noted that though Bitcoin offers a strong store of value, Ethereum yields broader utility given its programmable financial…
The cryptocurrency market has gotten an undeniable boost this year with a host of massive developments. However, there is none that has gotten a bigger lift than Ripple, which looks poised to reach a new all-time high at some point in 2025. The question is, just how high will XRP soar this year?The US Securities and Exchange Commission (SEC) had recently dropped its lawsuit against Ripple, according to CEO Brad Garlinghouse. Although XRP has yet to boom from the news, there are high hopes for its continued ascension over the coming months. Specifically, it is expected to set a new…