Author: boss

‘People Don’t Want It’ – Economics Bitcoin News

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Key Takeaways: Javier Milei admits his dollarization push stalled; citizens favor the peso, complicating future reforms. Milei’s currency competition policy, allowing currencies like the dollar to be used, failed, leaving the peso as the default currency. After lifting currency restrictions, Scott Bessent and the U.S. intervened in October to stabilize the peso’s value. President Javier Milei Explains Why Argentina Has Not Adopted The Dollar Yet President Javier Milei has explained why the process of dollarizing Argentina might be more complex than expected, as it has hit a solid roadblock. Milei,…

What Happens To The BTC Price If The Bottom Is In?

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Over the years, there have been different metrics, technicals, and ways in which investors have tried to predict the Bitcoin price bottom with each bear market. Some of these have reportedly done so with some accuracy, while others have seen a deviation. Recently, a pseudonymous crypto analyst who goes by @cryptocupra on the X (formerly Twitter) platform has shared their own bottom prediction, using a 23-Bar Theory. How Bitcoin Bottoms Go In The Past In the post shared on the social media platform, the crypto analyst explained that there have…

Digital Asset Firm Tok-Edge Hits $15 Million Valuation, Eyes $100 Million Target – Bitcoin News

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Key Takeaways: Tok-Edge secured a $15 million valuation and a $1.5 million seed round led by Marcus Meijer. The firm’s Redemption Token on Ethereum bridges TradFi assets with DeFi utility and liquidity. Tok-Edge plans a $100 million first close for its flagship fund later in 2026 to scale its model. Fundraising Goals Digital asset pioneer Tok-Edge has announced an ambitious roadmap to secure a $100 million first close for its flagship fund later in 2026. The firm, led by a team of traditional finance and crypto veterans, also confirmed it…

Arizona Judge Blocks Gambling Enforcement Against Kalshi Contracts

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A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with US regulators in a growing dispute over how event-based trading products should be classified. In an order issued on Friday, Judge Michael Liburdi of the US District Court for the District of Arizona granted a request from the Commodity Futures Trading Commission (CFTC) and the federal government to halt any state-level action…

US inflation hits 3.3% as Bitcoin jumps above $72K after CPI

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The US Bureau of Labor Statistics reported that headline Consumer Price Index inflation rose 0.9% in March from the previous month.  Summary US March CPI rose 3.3% yearly as energy prices surged and gasoline costs jumped sharply. Bitcoin climbed above $72,000 after the inflation report despite rising pressure on Federal Reserve policy. Traders see a 98.4% chance the Fed will keep rates unchanged in April. On a yearly basis, CPI increased 3.3%, keeping inflation above the Federal Reserve’s 2% target. The report showed that energy costs drove much of the…

XRP Could Rally Near $20 After Breakout Signal Originating In 2017, Analyst Says

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XRP has been moving with the broader crypto market, pushing up to important support levels and climbing to the top of its recent consolidation range near $1.36.  That rebound has reignited bullish speculation around the altcoin, and now one analyst is laying out a much more ambitious scenario—one that, if it unfolds, could translate into a roughly 1,100% rally from current levels. New XRP Price Target At $16.39 In a report published by 24/7 Wall St., market analyst Javon Marks said he has a fresh chart-based target for XRP that…

David Bailey’s Nakamoto Eyes Reverse Stock Split to Avoid Nasdaq Delisting – Crypto News Bitcoin News

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Key Takeaways Nakamoto stock currently trades at $0.21, as the company seeks a reverse stock split before June 8 to meet the Nasdaq $1 rule. Recent deals by CEO David Bailey and outstanding 690 million shares have raised dilution fears, amid declining investor confidence. Nakamoto sold 284 BTC in March but holds 5,058 BTC, with listing outcome shaping its next strategy. Bitcoin Treasury Firm Nakamoto Moves to Lift Share Price Nakamoto, a publicly traded bitcoin treasury firm, is preparing to seek shareholder approval for a reverse stock split as it…

Bittensor Falls 20% After Covenant AI Exit, Decentralization Claims

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Subnet developer Covenant AI announced its exit from Bittensor due to decentralization concerns and alleged punitive actions by the AI-focused network ecosystem co-founder, Jacob Steeves. Related Reading Covenant AI Slams Bittensor’s Decentralization On Friday, Covenant AI’s founder, Sam Dare, released a statement announcing the subnet developer’s departure from decentralized artificial intelligence network Bittensor, citing governance disputes and decentralization concerns. “We cannot in good conscience continue to build on a network where the foundational claim we make to our investors, that this infrastructure is decentralized and permissionless, is contradicted by the…

Bitwise Added Ticker $BHYP and a 0.67% Management Fee In Its Latest Filing

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Bitwise Asset Management has reportedly taken a key step toward launching its proposed spot Hyperliquid exchange-traded fund, filing a second amendment with the US Securities and Exchange Commission. In an X post on Friday, Bloomberg senior ETF analyst Eric Balchunas highlighted that Bitwise had updated its Hyperliquid ETF to include the ticker $BHYP and had also set a management fee of 0.67% (67 basis points). According to Balchunas, the filing of these details generally indicates that the product will “launch soon.” “HYPE is up 200% in the past year,” he…

XRP Price Flashes Multiple Bottom Signals As Bulls Defend $1.30.

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XRP (XRP) has been in an eight-month downtrend, with momentum and onchain indicators at levels that previously coincided with macro bottoms. Data from TradingView reveals that the relative strength index (RSI) of the XRP/BTC ratio is at 24, the most oversold level since October 2025.  Such low levels in the daily RSI have marked market bottoms for the ratio, ultimately leading to 65% to 345% XRP price breakouts against Bitcoin as seen late 2024 and 2025. XRP/BTC daily chart. Source: Cointelegraph/TradingView The chart above also shows that the XRP/BTC pair…