Tag: Crypto

Bitcoin Could Hit $105,000, Shorts Are In ‘Deep Trouble,’ Analyst Warns

Bitcoin (CRYPTO: BTC) is staging a massive reversal, prompting widely followed crypto trader DonAlt to predict a squeeze toward $105,000 as he warns shorts are “in deep trouble” after getting trapped above $92,000. The Bitcoin Setup: A Classic Bear Trap DonAlt argues that Bitcoin’s recent price action—breaking down below...
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Crypto Regulation Rift Widens As Republicans Reject Market Structure Bill

A planned Senate Banking Committee legislation markup has been postponed, as Coinbase CEO Brian Armstrong has withdrawn his support for a market structure bill which seeks to codify federal regulations over crypto, stablecoins, and DeFi markets. Based on reports, this unexpected withdrawal sharpened existing tensions between senators on debates...
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