Category: Other Crypto News

Bitcoin Trend Reversal May Confirm If BTC Closes Above $76K

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Key points: Bitcoin’s shallow pullback from the $76,000 resistance suggests that buyers are holding onto their positions, expecting the recovery to continue. Select major altcoins are showing strength and are expected to break above their overhead resistance levels. Bitcoin (BTC) pulled back after crossing the $76,000 level on Tuesday, but a positive sign is that bulls have not let the price dip below $73,500. That suggests the bulls are holding their positions as they expect the overhead resistance to be broken. Another encouraging indication for the bulls is that BTC’s…

US Midterm Election Mirrors 2024 with Crypto Moving into Ohio Races

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Another political action committee (PAC) aligned with the cryptocurrency industry announced its endorsement for a candidate in Ohio’s Senate race, signaling a move that could mirror the 2024 US election. In a Wednesday notice, Sentinel Action Fund, a group that claims to be the “only conservative Super PAC advancing pro-crypto candidates and supporting pro-crypto innovation,” said it would be supporting Republican Jon Husted in this year’s race to represent Ohio in the US Senate.  Husted was appointed by Ohio Governor Mike DeWine in January 2025 to replace JD Vance, who…

XRP Whale Flows Hit 2021 Levels: Is History Repeating?

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XRP is struggling to reclaim higher prices. The market is uncertain. Bitcoin is testing resistance. And the largest XRP holders on Binance have gone quieter than at any point in four years — which, in markets, is rarely a neutral condition. Related Reading An Arab Chain report tracking large-holder behavior on Binance has identified a withdrawal pattern that stands out precisely because of how little of it there is. Whale outflows from the platform have dropped to approximately 1.08 billion XRP — the lowest reading since 2021. The large-scale XRP…

Bitcoin Can Beat $38T Gold ‘Addressable Market’ Over Geopolitical Conflict

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Bitcoin (BTC) has a target market that is “probably a lot bigger” than gold’s $30 trillion market cap, says a crypto industry executive. Key points: Bitcoin should continue to outperform during geopolitical crises, says Bitwise’s Matt Hougan. Bitcoin’s “addressable market” could surpass gold’s near $40 trillion market cap. A trader eyes a return to $90,000 for Bitcoin after a historic drawdown against gold. Bitcoin “probably” beats gold target market In an X article on Tuesday, Matt Hougan, chief investment officer of crypto asset manager Bitwise, saw geopolitical conflict fueling BTC…

Here’s How The US-Iran War Is Affecting The Bitcoin, Ethereum, And Dogecoin Prices

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The US-Iran war continues to affect Bitcoin, Ethereum, and Dogecoin prices, with volatility at high levels. However, risk-on sentiment also appears to be returning, with open interest rising as BTC rises to a new multi-month high.  How The US-Iran War Affects The Bitcoin, Ethereum, and Dogecoin Prices In an X post, crypto analyst Michaël van de Poppe noted that the US-Iran war continues to drive market volatility. He further remarked that there won’t be a path forward where the Bitcoin, Ethereum, and Dogecoin prices will do well if this continues…

Bitcoin Consolidates At $74,000 As Stocks Continue Exuberant Rebound

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Bitcoin (BTC) circled $74,000 at Wednesday’s Wall Street open as US stocks edged higher on news that the US and Iran may be open to another round of ceasefire negotiations. Key points: Bitcoin consolidates as analysts warn that stocks may be too optimistic over geopolitical relief. The S&P 500 approaches new all-time highs despite questions over Iran’s uranium enrichment. Bitcoin traders note missing components to support a true trend change. Iran conflict lacks “genuine resolution” Data from TradingView showed declining BTC price volatility after a trip to two-month highs the…

A new design for Ethereum’s encrypted mempool

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Sponsored Content Sandwich attacks cost Ethereum users an estimated $60 million per year. Transactions broadcast to the public mempool are publicly visible before inclusion, which gives MEV bots the ability to affect the order of transactions and insert their own for profit. This problem has persisted on some level in spite of years of discussion and various out-of-protocol mitigation attempts. Encrypting mempool transactions would be one of the most compelling solutions to prevent MEV. While this idea has been actively discussed for years, it has not yet been implemented at…

Bitcoin’s Market Potential May Surpass Gold Amid Iran War: Bitwise

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More than 87% of Argentinians surveyed in a January Coinbase poll said they view crypto and blockchain technology as a way to strengthen their financial independence — a sign that the role of Bitcoin in the global economy may already be shifting well beyond what markets have priced in. Related Reading Bitcoin’s Dual Role Draws New Attention Matt Hougan, chief investment officer at Bitwise, made that case publicly this week. He said Bitcoin could one day command a total addressable market larger than gold’s $34 trillion valuation — but only…

WLFI Proposes Vesting Plan for 62B Tokens With Conditional Burn

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Decentralized finance (DeFi) platform World Liberty Financial on Wednesday posted a governance proposal that would place 62.28 billion locked WLFI tokens under new multiyear vesting schedules and introduce a potential burn for founder, team, adviser and partner allocations.  Under the proposal, early supporters’ locked tokens would face a two-year cliff followed by a two-year linear vest. Founder, team, adviser and partner allocations would face a two-year cliff followed by a three-year linear vest if those holders opt in to the new terms. The plan also provides for a burn of…

Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt

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Veteran trader Peter Brandt has pushed back on one of Bitcoin’s most aggressive long-term price targets. “2030, we don’t go to a million,” Brandt tells Cointelegraph on the Chain Reaction show. Despite strong calls from Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood for Bitcoin to reach $1 million within the next four years, Brandt says that timeline is nowhere close to realistic. Brandt argues that the path to $1 million depends on fundamental changes in the global monetary system, rather than greater adoption or speculative momentum. “For…