Gold and silver have dominated market chatter in recent weeks, but a record-breaking silver trading session has also reignited a broader debate over bitcoin’s stalled momentum and its uneasy relationship with volatility. Jeff Park: Bitcoin Faces a Trader’s Market The discussion was sparked after Eric Balchunas, senior exchange-traded fund (ETF) analyst at Bloomberg, highlighted an […] Original
Bitcoin traded sideways on Jan. 27, consolidating near $87,650 after a narrow range between $88,760 and $87,315, leaving its market cap at $1.73 trillion. Analysts are cautiously optimistic about February, historically a strong month for bitcoin, though some warn that shifting cycles. Bitcoin Consolidates Despite ETF Inflows Bitcoin traded sideways on Tuesday, Jan. 27, reaching […] Original
Citrea’s mainnet went live on Tuesday, marking the launch of a new Bitcoin-focused application layer designed to support lending, trading, and settlement linked directly to the Bitcoin network. Citrea Goes Live With Mainnet Focused on Bitcoin Utility The project aims to broaden how Bitcoin is used beyond long-term holding by introducing a programmable environment that […] Original
Bitcoin traded lower on Tuesday even as traditional risk assets rallied, underscoring a growing divergence between crypto and broader markets. The world’s largest cryptocurrency (BTC) slipped 0.6% to $87,700, lagging gains in equities and a renewed surge in gold. Summary Bitcoin slipped 0.6% to $87,700, lagging gains in equities and a renewed surge in gold. As of midday reporting, gold rose 1.4% to $5,080 an ounce, extending a seven-session winning streak. Ethereum is currently trading just above $2,900, down 1.85% for the day. Wall Street regained momentum as upbeat corporate…
Bitcoin price is stabilizing near channel support, and a developing three-drive pattern hints at a potential relief bounce if a market structure break confirms the setup. Summary Bitcoin remains within a large channel, trading near channel low support. A developing three-drive pattern suggests seller exhaustion and rising demand. A market structure break is required to confirm a short-term relief bounce. Bitcoin’s (BTC) recent price action suggests the market may be approaching an inflection point after an extended corrective phase. While the broader structure remains bearish, BTC is currently trading within…
With a price tag of $87,867, bitcoin isn’t exactly shy about taking up space on the market cap leaderboard—still clocking in at a dominant $1.75 trillion. Meanwhile, its 24-hour trading volume surged to $40.97 billion, all while swinging in a tight intraday range between $87,180 and $88,763. But don’t let the narrow price band fool […] Original
A US winter storm knocked Bitcoin hashrate to a 7‑month low as miners powered down to ease grid stress, even as BTC, ETH and SOL prices stayed relatively calm. Summary A powerful US winter storm drove Bitcoin hashrate down about 40% in two days to roughly 663 EH/s, before a rebound toward 854 EH/s. Miner Abundant Mines says around 40% of global capacity briefly went offline, underscoring miners’ role as “flexible load” during grid stress. Despite the shock, Bitcoin trades near 87,913 dollars, Ethereum around 2,930 dollars and Solana near…
Peter Schiff, the well‑known gold bug, once predicted that a surge in silver would spell the demise of bitcoin, and his forecast has, to some degree, come true. While the “devil’s metal” has risen above $108, even amid today’s sell‑off, BTC has remained stagnant. Peter Schiff Scores Accurate Silver/ Bitcoin Forecast Peter Schiff, a well-known precious […] Original
Tom Lee says Bitcoin and Ethereum will recover once the gold and silver FOMO cools, with weaker dollar and Fed easing set to boost crypto. Summary om Lee says FOMO in record-breaking gold and silver is draining liquidity from Bitcoin, Ethereum and wider crypto. He argues past pullbacks in precious metals often coincided with upside in BTC and ETH as capital rotated back into digital assets. Lee expects a weaker dollar and easier Fed policy to unlock fundamental upside for cryptocurrencies once metals’ momentum stalls. Tom Lee, head of research…
Animoca Brands Japan and RootstockLabs are working on a Bitcoin-native treasury product tailored for Japanese corporations. Summary Animoca Brands Japan and RootstockLabs have partnered to explore Bitcoin-based treasury tools for institutions. The initiative focuses on Bitcoin-native, on-chain financial infrastructure secured by Bitcoin’s proof-of-work. The move reflects growing corporate interest in managing Bitcoin beyond passive balance sheet holdings in Japan. Animoca Brands Japan has entered a new collaboration with Rootstock Labs to develop Bitcoin-native treasury tools for Japanese corporations looking to manage digital assets more actively. The partnership was announced on…