Bitcoin: The Race to $200,000 Has Started
In May 2025, Bitcoin’s price has soared past $103,000, yet this surge might just be a precursor to more significant shifts. Behind the scenes, there’s an evident imbalance: while supply is dwindling swiftly, demand continues to climb. Some analysts speculate about prices returning to unforeseen levels, while others, like Bitwise and Strategies, are optimistic about […]
Is the Bitcoin Bull Market Resuming? Daily RSI Indicates Slight Bullish Momentum
Bitcoin Price Update Since mid-April, Bitcoin has seen significant price movement, inching up from below $85,000 to around $104,700 recently. This surge can be attributed to an improved feeling among investors and a fresh wave of capital flowing in, particularly through BTC exchange sales funds (ETFs). However, there’s an interesting twist. The leading cryptocurrencies seem […]
Bitcoin bull flag and typical profit-taking suggest a potential rise to new BTC price peaks.
Key takeaways: Traders anticipate a pullback in Bitcoin’s price to around $90,000; however, if the upper range decreases, there might be potential for a new high. On-chain data indicates that current profit levels aren’t strong enough to disrupt Bitcoin’s existing price momentum. For much of the week, Bitcoin (BTC) has fluctuated between $104,000 and just […]
Bitcoin is preparing for a surge to between $131,000 and $155,000.
Bitcoin Price Trends and Analysis Earlier updates suggested that the Global M2 Money Supply and the Trader Commitment report aligned well with Bitcoin’s bullish Elliott Wave principles. At one point, Bitcoin was trading around $83,000. Now, just over three weeks later, it has risen to $104,000, marking a 24% gain. This surge correlates with the […]
Nostr in 2025 Resembles Bitcoin in 2012
Recently, I had a conversation with Vitor Pomplona, the mind behind the NoStr client, Amethyst, and we debated how Nostr in 2025 feels a lot like Bitcoin did back in 2012. Sure, it has its rough edges, but honestly, it’s an exciting tool to engage with. Nostr, which offers distributed protocols for social media and […]
US man sentenced to prison for hacking SEC’s X account to manipulate Bitcoin price
SEC Account Hack: Sentencing Details On Friday, Eric Council Jr., 26, received a 14-month prison sentence, along with three years of supervised release, due to his involvement in hacking the official Securities and Exchange Commission’s X account. The US Department of Justice shared the news in a recent press release. Council and his accomplices falsely […]
Basel Medical stock drops 15% due to $1B Bitcoin acquisition plans
Basel Medical Group’s Stock Takes a Hit Shares of Basel Medical Group have dropped approximately 15% following the announcement of the company’s intent to purchase $1 billion in Bitcoin for its Corporate Treasury Department. On May 16th, Basel disclosed that discussions were underway between institutional investors and a group of affluent individuals regarding this acquisition, […]
Alabama man given a 14-month prison term for involvement in bitcoin announcement hack.
Alabama Man Sentenced for SEC Hack A judge sentenced an Alabama man on Friday for his involvement in a hack of the Securities and Exchange Commission’s X account in January 2024. The breach resulted in tweets that temporarily drove up bitcoin prices by over $1,000. The individual, Eric Council Jr., had pleaded guilty three months […]
DayDayCook, a consumer brand with ties to China, intends to buy 5,000 Bitcoin.
Mainland China, known for its strict regulations, seems to be moving towards a more accepting stance as local brands reveal their Bitcoin Reserve Strategy. DDC Enterprise, or DaydayCook, which operates in mainland China and has origins in Hong Kong, has announced a Bitcoin accumulation plan under CEO Norma Chu. In a shareholder letter dated May […]
Monitoring Bitcoin Prices in Real-Time as an Important Indicator for Algorithmic and Institutional Cryptocurrency Trading
For quite some time, Bitcoin has been a significant barometer for the cryptocurrency market. Many traders and investors see this pioneering digital token as an essential indicator of market trends. Whether someone is just starting out or has years of experience, the fluctuations in Bitcoin’s value pique interest across the board. The constantly changing value […]