A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets. Bitcoin Will Have Its Turn Very Soon One market participant known as ₿ariksis suggested that the Bitcoin price could surge from $70,000 to $110,000 within the next 60 days if the current macro and technical conditions are set up well. Related Reading The prediction from…
Category: Other Crypto News
Circle‘s USDC Overtook Tether‘s USDT in Adjusted YTD Volume: Mizuho
Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions. Japanese investment bank Mizuho reported that stablecoin issuer Circle’s USDC overtook Tether’s USDt in transaction volume for the first time since 2019. In a research note released on Friday, Mizuho said it had raised its price target for Circle stock from $100 to $120 after comparing transaction volumes between the two major stablecoins. According to Mizuho, USDC (USDC) had about $2.2 trillion in adjusted transaction volume for…
ETH Bulls Target $2.8K But Data Highlights Many Hurdles
After reaching a monthly high of $2,209 on Friday, Ether (ETH) price fell back below a key monthly resistance, which has been tested five times since February. While onchain data highlights a large cluster of investors near $2,800, Ether’s futures market data shows traders are scaling back positions after this week’s rally. Investors’ $2,800 cost basis highlights a major accumulation zone Data from Glassnode indicated that ETH’s cost-basis distribution heatmap shows a heavy accumulation near $2,800, where more than 3 million ETH were previously purchased. The cost-basis clusters identify the…
Circle Stock Surges as Stablecoins Expand; Canaan Boosts Bitcoin Holdings
A selloff in both Wall Street and crypto markets hasn’t slowed Circle’s relentless rise. The stablecoin issuer’s stock has more than doubled since early February, with Bernstein analysts expecting further gains as stablecoins continue expanding beyond crypto’s more speculative use cases. The technology is already moving deeper into traditional finance. UK insurance giant Aon recently piloted stablecoin payments for insurance premiums with Coinbase and Paxos, a move that could make cross-border premium payments faster and more efficient. Elsewhere, Bitcoin (BTC) miner Canaan is taking a contrarian approach to treasury management,…
Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why
Bitcoin and crypto exchanges built much of the cryptocurrency industry’s reputation by challenging traditional finance. However, as major Wall Street institutions deepen their involvement in crypto services, the structure of the market could begin to change in ways that place pressure on both exchanges and the broader ecosystem surrounding Bitcoin. Why Bitcoin And Crypto Exchanges Could Face Pressure Recent industry commentary highlights how large financial institutions are gradually positioning themselves to compete directly with crypto exchanges. Among them, Morgan Stanley has been expanding its digital asset capabilities, moving beyond simple…
Key BTC Price Levels to Watch Above $74K
Bitcoin (BTC) price rallied close to a monthly high near $74,000, posting a 10.42% weekly gain, its strongest seven-day return since September 2025. The spot market activity, exchange-traded fund (ETF) flows, and corporate-level BTC accumulation suggest a positive shift in demand, as analysts monitor whether the renewed buying pressure can support a rally to higher price levels. Bitcoin Coinbase premium gap flips after 10 weeks Crypto analyst IT Tech noted that the Coinbase premium gap, which measures the price difference between Bitcoin on Coinbase and global exchanges, currently reads +35.4,…
Bitcoin Bounces Off $74K Resistance As Bulls Pile Into BTC, Altcoins
Key points: Bitcoin turned down from the $74,000 level, indicating that the bears remain sellers on rallies. Several major altcoins are showing strength and are likely to break above their immediate resistance levels. Bitcoin (BTC) turned down from the $74,000 level, indicating that the bears are vigorously defending the level. Glassnode said in its latest Week On-chain newsletter that BTC is stuck between the realized price (average acquisition cost of all circulating supply) at $54,400 and true market mean (the cost basis of actively transacted coins) at $78,000. Rally attempts…
XRP Tests Macro Trendline As Market Eyes Next Expansion
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Bloomberg Strategist Warns of 2008 Replay for Global Markets
As the conflict involving Iran drags on and global energy supplies risk prolonged disruption, most financial assets are likely to behave like risk assets, according to Bloomberg Intelligence strategist Mike McGlone in a recent interview with Cointelegraph. Despite major price swings across commodities, stock market volatility has remained relatively low, a divergence McGlone considers unsustainable. Historically, such imbalances tend to resolve through increased volatility in equities — often during broader market corrections. That unusual volatility dynamic is also showing up in gold, a market traditionally viewed as a safe haven.…
Ethereum Foundation Outlines Ethos and Responsibilities in New Mandate
The Ethereum Foundation, the non-profit organization that stewards the development of the Ethereum ecosystem, published its mandate on Friday, reaffirming its role and the core pillars of Ethereum. The Ethereum Foundation’s two stated goals are that Ethereum remains decentralized and that users have a “final say” over their onchain assets and data, while the protocol achieves mass scale, according to the mandate. Censorship resistance, open source code, privacy, security, and freedom-preserving technology are the core properties of Ethereum that will be upheld, the mandate, the document said. Source: Ethereum Foundation…