Bitcoin charts are similar to the 2021 top: Will history rhyme?
A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle....
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Cynthia Lummis Backs Scott Bessent’s ‘Commitment’ To Build Bitcoin Reserve Without Burdening US Taxpayers — ‘I Have A Bill For That’
Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) Reserve, opposing the idea of purchasing additional BTC to address the mounting national debt. Lummis Pushes For BITCOIN Act, Schiff Disagrees In an X post, Lummis agreed with Treasury Secretary Scott Bessent, who said that...
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Analysts Outline Risks to Circle from Slower USDC Growth and Higher Distribution Costs
Shares of Circle Internet Group (NASDAQ: CRCL) faced a pull back following the release of its latest quarterly results, despite the company reporting substantial growth in key metrics. Over the past year, the supply of USD Coin (USDC) in circulation expanded to $61.3 billion, marking a 90% increase. Revenue,...
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SpaceX Bitcoin Stake Tops $1 Billion; BTC Slides After Treasury Comment
SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury. According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion at recent price levels. SpaceX Moves...
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Asia Morning Briefing: ETH’s Bullrun Meets Early Signs of Selling Pressure
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Hong Kong begins its...
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Bitcoin Tanks On Hot PPI Inflation; Ethereum, Dogecoin, XRP Follow: Analyst Charts Course For BTC’s Likely Moves
Leading cryptocurrencies dived on Thursday after hotter-than-expected wholesale inflation tempered risk appetite. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.09% $118,590.95 Ethereum (CRYPTO: ETH) -2.85% $4,608.59 XRP (CRYPTO: XRP) -6.60% $3.09 Solana (CRYPTO: SOL) -5.02% $193.61 Dogecoin (CRYPTO: DOGE) -8.64% $0.2253 Crypto Liquidations Hit...
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Nerdminer Crypto Miner Secrets: See Your Hash Rate & Clock Miner!
A device surprises with its hidden features! From basic readouts to cumulative hash rates, it reveals an impressive uptime. What happens when the bottom button is clicked? The screen goes dark, but the mining continues… #tech #mining #gadgets #crypto #innovation...
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Justin Sun Vs Bloomberg: Clash Escalates Over TRON Founder’s Crypto Holdings
Justin Sun, the controversial crypto billionaire and founder of the Tron (TRX) blockchain, has ignited a new legal dispute by filing a lawsuit against media company giant Bloomberg on Monday. The lawsuit, submitted in Delaware, accuses Bloomberg of “improperly” disclosing sensitive financial information about Sun’s cryptocurrency holdings in a...
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$50M Deal: Trump’s Thumzup Media Partners With Coinbase To Expand XRP Holdings
According to Thumzup Media’s filing and press release, the Nasdaq-listed company completed a $50 million secondary offering at $10 per share to fund crypto mining and expand a multi-asset treasury. The company said it will buy mining rigs and add assets such as XRP, BTC, ETH, SOL, LTC, USDC...
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Trump’s Treasury Secretary Bessent backs Bitcoin acquisition after saying America’s not buying
The US aims to bolster its Bitcoin reserves without increasing the federal budget, potentially reshaping global crypto dynamics. The post Trump’s Treasury Secretary Bessent backs Bitcoin acquisition after saying America’s not buying appeared first on Crypto Briefing....
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