Tag: Bitcoins

How Elastos uses Bitcoin’s security to power DeFi

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The decentralized finance (DeFi) landscape continues to evolve, and Bitcoin-centric solutions are gaining momentum. BTCFi is an emerging sector that transforms Bitcoin (BTC) from a passive store of value into an actively utilized asset in DeFi.  A new report by Cointelegraph Research and Elastos delves into how Bitcoin’s security helps to create trustless, scalable financial ecosystems. Bitcoin’s expanding role in DeFi DeFi has traditionally been dominated by Ethereum, which accounts for over 50% of the sector’s total $175 billion total value locked (TVL). However, Bitcoin’s strong security and liquidity make…

Bitcoin’s bull cycle is over, prices could fall lower due to whale action

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Bitcoin has reached the end of its bull cycle and the market will face bearish or sideways price movements in the next few months, according to CryptoQuant CEO Ki Young Ju. In a recent post, CryptoQuant CEO Ki Young Ju predicts that in the next six to 12 months, Bitcoin (BTC) will see “bearish or sideways price action.” To support his conclusion, Ju shared a historical chart, which highlights BTC’s profit and loss index cyclical signals dating back from 2014 up to 2024. At press time, Bitcoin has gone down…

To Sell or Not to Sell: Redditors Debate Bitcoin’s Million-Dollar Moment

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A Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading cryptocurrency. Bitcoin Holders Split on $1M Exit Strategy A recent Reddit discussion in r/bitcoin delved into the hypothetical scenario of bitcoin (BTC) reaching $1 million, sparking […] Original

Crypto CEO Falls: AML Bitcoin’s Founder Faces 30 Years for Fraud and Laundering

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A cryptocurrency CEO has been convicted of wire fraud and money laundering after deceiving investors, raising millions through false claims, and laundering funds for personal luxury purchases. AML Bitcoin Founder Convicted in Multi-Million Dollar Fraud Case A federal jury in San Francisco has convicted Rowland Marcus Andrade, the founder and CEO behind AML Bitcoin, of […] Original

Bitcoin’s Cup And Handle Pattern Signals Explosive Move To $186,000 — Analyst

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Popular market analyst Egrag Crypto has dropped a Bitcoin price prediction due to the recent formation of a highly bullish chart pattern. The maiden cryptocurrency currently trades above $84,000 following its minor recovery in the latter part of last week. However, the continuity of the current bull run remains uncertain barring a sustained uptrend. Bitcoin’s Bullish Chart Pattern Hints At Major Price Surge In an X post on March 14, Egrag Crypto states the BTC market may be preparing for a major price breakout. According to the technical analysis shared…

Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet

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Fundstrat co-founder and managing partner Tom Lee remains highly optimistic about bitcoin’s trajectory this year, emphasizing that his team has identified BTC as their top “favorite.” He further asserted that in 2025, bitcoin is poised to surpass gold in market performance. Trump’s Economic Policies Are ‘Structurally Positive,’ Says Fundstrat’s Lee Fundstrat’s Tom Lee maintains a […] Original

Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the wake of the COVID-19 pandemic, inflation became a global issue. Once-stable economies with historically low inflation were suddenly grappling with soaring costs, prompting investors to rethink how to preserve their wealth. While gold and real estate have long been hailed as safe-haven assets, Bitcoin’s supporters argue that its fixed supply and decentralized nature make it the ultimate shield against inflation. But does the theory hold…

Trade war puts Bitcoin’s status as safe-haven asset in doubt

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Several years back, many in the crypto community described Bitcoin as a “safe-haven” asset. Fewer are calling it that today. A safe-haven asset maintains or increases in value in times of economic stress. It can be a government bond, a currency like the US dollar, a commodity like gold, or even a blue-chip stock.  A spreading global tariff war set off by the United States, as well as troubling economic reports, have sent equity markets tumbling, and Bitcoin too — which wasn’t supposed to happen with a “risk off” asset. …

Bitcoin’s megaphone pattern, explained: How to trade it

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Key takeaways The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability. The formation signals heightened volatility, with price swings becoming more pronounced over time. Depending on the trend direction, the pattern can indicate potential breakouts either upward (bullish) or downward (bearish). The megaphone pattern, also known as a broadening formation, is a technical analysis chart pattern that traders observe in various financial markets, including cryptocurrencies like Bitcoin. …