Bitcoin sellers let go of 15K BTC at a loss: Are BTC prices below $100K coming next?
Key Insights Short-term Bitcoin holders sold 15,000 BTC during the past week. Onchain data indicates Bitcoin prices may have a support level around $97,000 to $94,000. Bitcoin (BTC) had a relatively quiet week, influenced by escalating tensions between Israel and Iran, creating uncertainty for many traders and investors looking ahead to the FOMC meeting. Even […]
Bitcoin sellers offload 15K BTC at a loss: Are BTC prices heading below $100K next?
Bitcoin Market Overview Key Highlights: A short-term Bitcoin holder sold 15,000 BTC this week. On-chain data indicates potential Bitcoin price support between $97,000 and $94,000. Bitcoin (BTC) has had a fairly subdued week. The ongoing tensions between Israel and Iran seem to have created some uncertainty for investors and traders as they await the FOMC […]
Kraken Launches Bitcoin Staking Offering BABY Token Rewards
Simply put The company based in San Francisco has announced that Bitcoin holders can earn rewards through Kraken. Investors can achieve this using Babylonian staking protocols. Rewards will be distributed in the form of Babylon’s Native Baby Token. Users on Kraken can stake their Bitcoin, according to an announcement made in a blog post. The […]
Project Eleven secures $6M to protect Bitcoin from quantum threats
Project Eleven Secures $6 Million for Post-Quantum Encryption Project Eleven, an organization aimed at developing post-Quantum encryption, has successfully raised $6 million in funding. This investment is targeted at bolstering the security of Bitcoin and other digital assets against potential threats posed by future quantum computing advancements. On Thursday, the company conveyed this news through […]
Bitcoin Sidechain Plasma Aims for Mainnet Launch in Late Summer After Successful ICO
Plasma Set to Launch Mainnet for Stablecoin Blockchain Plasma is gearing up to activate its mainnet optimized for stablecoins by the end of summer, as confirmed by the company’s CEO, Paul Faecks. He remarked that this new blockchain will support significant amounts of stablecoins at its launch, according to internal assessments. “We are developing a […]
XRP ETF from $1.4 Trillion Firm Delayed by SEC, Major Spanish Bank Supports Bitcoin, Coinbase Introduces New Ethereum-Based Crypto Listings: Crypto News Summary
U.Today shares the latest three news stories from the past day. SEC Delays Decision on $1.4 Trillion XRP ETF Filing The SEC has decided to postpone its ruling on the Franklin Templeton Spot XRP ETF. Initially, it was anticipated that an announcement would be made on May 3rd. However, now the deadline has been extended […]
Healthcare Company on Nasdaq Establishes Bitcoin Fund with $20 Million BTC Purchase
Simply put Healthcare firm Prenetics has acquired $20 million in Bitcoin for its Corporate Treasury Department. The organization intends to incorporate Bitcoin into its consumer health platform and operations, hinting at a possible expansion of its financial strategies. Additionally, the company has announced plans to serve as a crypto advisor related to Trump. When it […]
Kraken introduces Bitcoin staking with Babylon integration
Kraken, the cryptocurrency exchange, has introduced a new Bitcoin staking option by teaming up with Babylon Labs. In an announcement on Thursday, Kraken revealed their partnership with the Bitcoin staking protocol, Babylon. This collaboration enables users to earn interest on their Bitcoin holdings without the complexities of bridging, wrapping, or lending. From today, Kraken users […]
Bitcoin volume indicator hints at a potential price of $130K-$135K this summer.
Key Takeaways Bitcoin’s On-Balance Volume (OBV) indicates hidden accumulation despite recent price stability. A similar pattern observed from March to April preceded a significant 57% increase in BTC’s value. If a confirmed Bull Flag pattern emerges, Bitcoin could potentially reach between $130,000 and $135,000 by Q3 of 2025. Bitcoin has been trading within the $102,000 […]
Trump Acknowledges Significant Shift in Crypto Prices with Predictions of ‘Trillions’ for Bitcoin Market
Bitcoin and Crypto Price Predictions Amid Political Changes Bitcoin and other cryptocurrencies are seeing increased prices, partly due to the influence of Donald Trump’s presidency. Treasury Secretary Scott Bessent shared ambitious projections for the crypto market last year. By the end of last year, Bitcoin had surged past $100,000, bouncing back from a dip that […]