Key Takeaways Arthur Hayes expects altcoin rotation after Bitcoin tops $110,000. Hayes forecasts Bitcoin reaching $1 million by 2028, coinciding with the end of Trump’s presidency. Share this article Bitcoin needs to break through $110,000 and rally toward the $150,000–$200,000 range on rising trading volume for the alt season to begin, said BitMEX co-founder Arthur…
Stock markets notched solid gains last week while crypto markets lost a bit of ground and cooled slightly. The weaker-than-expected readings on CPI and inflation expectations keep markets buoyed, while the Trump administration’s Middle East deals were a boon for the AI sector. Additionally, US Treasury yields are surging again. “Trade deals, recession worries, lower…
XRP is showing muted price action as markets await a potential catalyst in the form of regulated futures trading on the Chicago Mercantile Exchange Group on Monday, May 19. The token has been range-bound between $2.32 and $2.62 for the past week and is currently holding steady at $2.37, up just 0.7% in the last…
Key Takeaways Bitcoin reached a new weekly high, closing above $106,000 and nearing its all-time high. Institutional and ETF inflows are driving Bitcoin’s price, with corporations increasing their BTC holdings. Share this article Bitcoin just ended the week with its strongest close in history, settling above $106,000 after a weekend rally, as shown on Binance’s…
Bitcoin has continued consolidating below the critical $108K resistance range, signaling a state of equilibrium between buyers and sellers. Nevertheless, the price is likely to initiate a fresh rally once the current corrective consolidation phase concludes. Technical Analysis The Daily Chart Bitcoin remains in a consolidation phase after failing to reclaim the key $108K resistance…
Argentine President Javier Milei and his sister Karina failed to attend a scheduled session related to the LIBRA meme coin scandal. Interestingly, no legal representatives appeared on their behalf. The virtual hearing was a preliminary step before potential civil litigation surrounding the multi-million dollar crypto scheme. According to a report by the Argentinian newspaper Página/12,…
Ethereum has experienced a strong upward rally over the past two weeks, pushing from the $1,500s to above $2,600. However, signs of exhaustion are beginning to surface. While higher timeframes remain bullish for now, short-term caution is warranted. Technical Analysis By ShayanMarkets The Daily Chart ETH has hit a technical ceiling just under the $2,900…
The Pyth Network price remained under pressure on Sunday as the countdown to a big token unlock continued. Pyth Network (PYTH), an oracle protocol that connects market data owners to applications on multiple blockchains, was trading at $0.150, its lowest level since May 9 and 72% below its highest point in November last year. The…
Bitcoin’s surge to $106,000 earlier this week has been primarily driven by robust spot market demand, with Coinbase seeing net buying pressure of $45 million per day, according to Glassnode’s latest report. The rally, which began after the king cryptocurrency dipped to just below $75,000 in early April, has been marked by strong accumulation phases,…
Cryptocurrency prices retreated last week after Bitcoin failed to move above the resistance level at $106,000 and as traders took profits. Bitcoin (BTC) price was trading at $103,000 on Sunday, while the recent Ethereum (ETH) surge hit a barrier. Looking ahead, some of the top cryptocurrencies to watch this week will be Ripple (XRP), Trump…
