Investment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn. “There’s better ways to get BTC beta,” analysts wrote in the research note, pointing to Marathon’s hash price, now below 5.5 cents, as a signal of declining profitability. At current operational levels, Compass Point estimates the company is facing significant cash burn that could lead to shareholder dilution. The bank also slashed MARA’s price target to $9.50 from $25, suggesting more than 25% downside from the current price near $13.…
Month: May 2025
Bitcoin Dominance Breaks 65% Barrier as Price Holds Firm at $94K
The cryptocurrency has been gradually gaining market share over altcoins with bitcoin dominance now at its highest level in more than four years. BTC Price Steady at $94K but Market Dominance Climbs Over 65% Bitcoin ( BTC) now accounts for more than 65% of the entire $2.93 trillion crypto market, the highest level of bitcoin […] Original
Bitcoin adoption ‘still in early stages’ as firm expands holdings
KULR Technology Group has deepened its Bitcoin commitment, purchasing 42 additional BTC and bringing its total holdings to 716.2 BTC, the company announced. The energy storage and management firm said it has spent approximately $69 million acquiring Bitcoin (BTC) at an average price of $96,342 per BTC. The latest investment follows KULR’s December 2024 announcement that it would allocate up to 90% of its surplus cash to Bitcoin. At the time, the company held around $12 million in cash reserves and cited financial resilience and global Bitcoin adoption as core…
Wallets Holding Over 10,000 Coins Cross 300,000
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. A major accumulation trend is currently ongoing for XRP, with crypto whales actively adding to their positions. This provides a bullish outlook for the altcoin, considering it could break…
First State Bitcoin Reserve Law Passed—NH Clears Treasury to Buy Crypto
New Hampshire has ignited a financial revolution by becoming the first U.S. state to greenlight strategic bitcoin investments, unlocking public treasury access to top-tier digital assets. State Treasury Gets Green Light to Invest in Bitcoin Under Groundbreaking Law The U.S. state of New Hampshire has become the first in the nation to authorize the creation […] Original
Solana bull flag, rising stablecoin market cap hint at SOL price rally to $220
Key takeaways: Solana’s stablecoin supply rose by 156% in 2025, to hit a new record at $12 billion. Solana’s TVL grew by 25% to $7.65 billion, with 27.7% decentralized exchange volume share, leading Ethereum and BNB Chain. SOL price formed a bull flag, with a price target at $220. Solana’s native token, SOL (SOL) failed to maintain its bullish momentum after reaching $156 on April 25, but an assortment of data points suggests that the altcoin’s upside is not over. SOL stablecoin market cap hits $13 billion Solana’s stablecoin supply…
New Hampshire becomes first state to authorize Bitcoin and crypto investments
New Hampshire has become the first U.S. state to authorize its treasurer to invest public funds in Bitcoin and other digital assets, marking a significant milestone for crypto policy at the state level. Governor Kelly Ayotte signed House Bill 302 into law, stating on X, “New Hampshire is once again first in the nation,” celebrating the move to permit investments in both cryptocurrency and precious metals. New Hampshire is once again First in the Nation! 🎉 Just signed a new law allowing our state to invest in cryptocurrency and precious…
Bitcoin To Hit $450,000 In Liquidity-Driven Supercycle
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. At Sui Basecamp, macro investor and Real Vision co-founder Raoul Pal delivered a characteristically sweeping address that framed the current crypto market environment as the beginning of what he…
Never sell your Bitcoin
Bitcoin maxis say, “Never sell your Bitcoin.” They repeat it when the market crashes to urge people not to dump their BTC in a loss out of panic and fear. They repeat it when the price is going up because they believe that no matter how high the cost is in relation to previous levels, it is still negligible in comparison to the future levels. So if they never sell, why do they care about its price (oh, they do)? The message behind HODL The term “hodl” is one of…
Bitcoin consolidates below key resistance as lower timeframe trend develops
Bitcoin is currently trading below the point of control after rejecting from a key dynamic resistance. The lower timeframe trend remains bearish, and its potential to influence higher timeframes is something traders should be mindful of moving forward. Following a rejection from the local high, Bitcoin (BTC) has returned to a key trading range, where price is now consolidating beneath the point of control (POC). This move aligns with the development of a swing failure pattern and the activation of a bearish harmonic structure, both of which contributed to the…