Bitcoin may have already bottomed near $60,000 in early February and could avoid new lows this year, according to one crypto analyst, despite expectations of another downturn. “The dozens of bottom signals only flashed in synchrony at the bottoms. They were not flashing in the middle. Yet they all flashed in Q1 2026 at 60k,” Matthew Hyland said in an X post on Friday. Hyland did not specify every indicator in the post, but argued that their simultaneous appearance distinguished the February low from mid-cycle bear-market action. “To compare the…
Day: May 9, 2026
These Catalysts Can Trigger The Next XRP Price Run, But Can It Reach $3?
Market analysts are identifying new catalysts that could propel XRP to explosive highs. A leaked footage shared by Crypto analyst Don Digital Finance highlights two catalysts from a theorized pricing model that could trigger a massive price surge for XRP. Meanwhile, other experts are focusing more on XRP’s payment rails and utility, predicting a price rally to $3. While most XRP price projections in the market are often based on speculation and hype, the leaked model treats the cryptocurrency as a functional tool for banks and institutions. This means that…
Bitcoin Rally Stalls At $80K But Bulls Anticipate A Pro-Crypto Fed Chair
Key takeaways: A weakening US dollar and higher government debt favor scarce assets, even as spot Bitcoin ETF outflows and low retail demand spark some concern. Traders expect Kevin Warsh to become Fed Chair, which could benefit Bitcoin. Bitcoin (BTC) stagnated near $80,000 on Friday following a rejection at $82,500. Traders grew anxious after US-listed spot Bitcoin exchange-traded funds (ETFs) posted $268 million in net outflows on Thursday. Meanwhile, $270 million in leveraged bullish Bitcoin futures positions were liquidated within 24 hours, forcing investors to evaluate whether a sustained bear…
Old shovel, new power: Mesabi Metallics celebrates upgrade #mining
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Historic 70-foot electric shovel rebuilt with 2026 technology marks major milestone for Mesabi Metallics, Minnesota’s first new mining operation in almost five decades. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Adoption & Activity Plunge From 2024 Peak
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…