Kraken Launches Bitcoin Yield Product

Crypto exchange Kraken has launched a non-custodial Bitcoin product, giving a 2.5% yearly yield, adding to the company’s yield product offerings amid a rising investor demand for crypto reward products. Kraken unveiled the product on Wednesday with the support of crypto yield infrastructure provider Veda, which said the offering seeks to remove “the headaches that come with wrapping Bitcoin, moving assets, or managing a crypto wallet.” Kraken’s offering comes as Bitcoin (BTC) holders’ demand for yield products has risen, but have seen limited development as the Bitcoin blockchain does not…

Coinbase Just Made A HUGE Move

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Bitcoin Price Extends Decline Rapidly As Key Supports Collapse

Bitcoin price started a fresh decline below the $75,500 zone. BTC is consolidating and might struggle to stay above the $74,000 support. Bitcoin failed to stay above $76,000 and extended losses. The price is trading below $75,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $74,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $75,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin price failed to stay…

The HYPE ETF Outpaced Every Crypto ETF Debut on Record – Institutions Rush Exposure

HYPE has pushed above $60 to set a new all-time high, creating a bullish environment that stands in sharp contrast to the broader market struggling with selling pressure and uncertainty. The breakout is significant on its own — but data from Kairos Research has revealed a development in the ETF market that places the current momentum in a historical context that amplifies the significance of the price action considerably. Related Reading The spot HYPE ETF has absorbed 1.04% of HYPE’s total market capitalization within its first ten trading days of…

Bitcoin Struggles To Hold $75K As Investors Pivot To Stocks, AI

Key takeaways: Bitcoin’s drop below $75,000 marks a sharp decoupling from a record-breaking stock market fueled by the AI boom. Crypto trader sentiment remains weak as key US regulatory acts face ongoing delays. Bitcoin’s (BTC) rejection at $78,000 on Thursday marked a decoupling from traditional markets after two months of strong correlation. Wednesday’s decline below $75,000 happened while the tech-heavy Nasdaq 100 Index jumped to an all-time high. The factors behind Bitcoin’s underperformance are unlikely to fade in the near term, reducing the odds of a bullish breakout above $82,000.…

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Analyst Eyes ‘Imminent Breakout’ From Falling Wedge

As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related Reading Dogecoin Historical Setup Targets Massive Expansion On Wednesday, Dogecoin continued its sideways trajectory between the $0.100-$0.105 local range. The cryptocurrency has been trading within this area for the past four days, after recovering from its one-month low of $0.097 recorded on Saturday. Amid this performance, market observer Trader Tardigrade shared a bullish outlook for the cryptocurrency, analyzing…

This Bitcoin Pattern Could Repeat Itself, But The Bottom Could Lie Below $50,000

Bitcoin is showing a monthly momentum signal that has appeared near several major cycle lows, which raises the possibility that the current correction is entering its final stage.  The setup is based on the monthly logarithmic MACD histogram, where previous Bitcoin bottoms formed only when the red bars began fading for at least two straight months. The same signal may now be forming again, but there is one important catch. Bitcoin MACD Repeating Bottom Pattern The technical outlook in question is based on the monthly candlestick timeframe chart, but May…

⚠️ Bitcoin Hit $20K In 2022 Then NEVER Went Back, Are We At That Moment RIGHT NOW?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In 2021, Bitcoin hit $69,000. Just 7 months later, it was 71% off at $20,000. This discount mirrors past opportunities where Bitcoin reached its best buying point. This pattern occurred in 2020 during the flash crash, never returning to $3,900. #lukemikicshorts #Bitcoin #MarketCrash #Investment #DigitalAssets #FinancialNews ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version