Day: May 10, 2025

Michael Saylor Explains Why Bitcoin Price Didn’t Hit $150K

Key Notes BlackRock’s iShares Bitcoin Trust (IBIT) has clocked 19 consecutives sessions of inflows worth $5 billion recently. Saylor noted the United States government’s gradual but positive shift toward Bitcoin adoption, following the establishment of a Strategic Bitcoin Reserve. BTC price is once again showing strength surging past crucial resistance of $100K and approaching new all-time highs. Michael Saylor, founder of Strategy, stated that the reason the Bitcoin price didn’t reach $150,000 levels is that holders, even with a long-term outlook, have been selling off their BTC holdings. However, he…

Bitcoin 4H Chart Shows Bullish Consolidation – Classic Continuation?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin is trading confidently above the $100,000 mark, having recently marked a local high near $104,300. After months of choppy action and uncertainty, bulls are now firmly in control,…

RedotPay enters South Korea with crypto-powered payment cards

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Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services. The company’s crypto debit cards—both physical and virtual—are now accepted at all Korean merchants that support Visa, according to a May 9 report by The Korea Economic Daily. The move marks RedotPay’s latest step in global expansion, following its earlier partnership with Visa and BIN sponsor StraitsX in February 2025 to enhance cross-border crypto payment capabilities.…

CryptoQuant CEO Says It’s Time To Throw Out ‘Cycle Theory’

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. CryptoQuant Founder and CEO Ki Young Ju has walked back his bearish prediction after the Bitcoin price broke out above $100,000. This move has taken the entire market by…

Robert Kiyosaki says ditch ‘fake money’ for Bitcoin, gold, and silver

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Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad, is once again sounding the alarm on the dangers of centralized monetary policy — urging his followers to abandon what he calls “fake money” and adopt alternatives like Bitcoin, gold, and silver. In a May 10 post on X, Kiyosaki backed a hardline stance against central banking systems, particularly the Federal Reserve, while quoting former US Congressman Ron Paul. Ron Paul, a longtime critic of the Fed and author of End the Fed, described interest rate setting by central…

Which crypto could boom in 2025? A data-driven look at the contenders

As the market recalibrates post-halving and post-tariff, which crypto could boom in 2025 as volatility, liquidity, and adoption collide? Which crypto could boom in 2025? The year 2025 is beginning to reflect a shift away from short-lived excitement and toward deeper changes that are steadily influencing how crypto finds its place within the broader financial system. After the sharp rise in 2024, which saw the market cap cross $3 trillion, attention is now turning to whether that momentum is sustainable and what deeper forces are quietly steering the direction. One…

Stellar (XLM) Breakout Eyes 30% Rally – Will It Repeat Last Cycle’s Playbook?

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After breaking out of its five-month downtrend, an analyst suggests a repeat of Stellar (XLM)’s last cycle playbook could be on the horizon. The cryptocurrency has confirmed its breakdown from a bullish reversal pattern and eyes a surge toward new targets Stellar Breakout Targets $0.39 Amid the market pump, Stellar has broken out of a key demand zone and retested the $0.30 mark for the first time since March. The cryptocurrency has been in a downtrend since its November 2024 breakout, when it reached a three-year high of $0.63. During…

Bull Market Reignited? Analyst Says Bitcoin Rally Mirrors June 2020 Setup

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin’s recent surge has kept its price firmly above the $100,000 price level, reflecting ongoing investor confidence. At the time of writing, BTC is trading at $103,527, posting a 4.3% gain in the past 24 hours…

BlackRock’s Bitcoin ETF posts $356M inflows, longest inflow streak in 2025

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BlackRock’s spot Bitcoin ETF (IBIT) capped off the trading week with another day of inflows, pulling in $356.2 million on May 9. The fund has now extended its inflow streak to 19 consecutive days — its longest run of inflows so far this year. IBIT’s inflow streak has been ongoing since April 14, and has coincided with a volatile Bitcoin (BTC) market, with the asset trading between $83,152 and $103,000 over the period. However, market sentiment has been increasing after the asset reclaimed and held above the $90,000 price on…