California Senator Ben Allen Backs Bitcoin Advocate for Pension Fund Seat
In an exciting development for the cryptocurrency community, California State Senator Ben Allen has endorsed Dom Bei for a seat on the California Public Employees’ Retirement System (CalPERS) board. Bei, the founder of the non-profit organization Proof of Workforce, aims to promote Bitcoin (BTC) adoption through educational initiatives targeting workers, unions, and pension funds. CalPERS, […]
Bitcoin Faces Wall Street Sell-Off as CPI Inflation Shows First Decline Since 2024
Bitcoin (BTC) experienced notable volatility on March 12, facing a classic Wall Street sell-off as market bears emerged amidst a welcome dip in US inflation rates. The latest Consumer Price Index (CPI) report revealed a drop to 2.8%, indicating easing inflationary pressures, yet this brief respite did not prevent significant selling activity across crypto markets. […]
Bitcoin vs Oil and Gold: The Rise of BTC as a Safe Haven Amid Global Crisis
As investors around the globe brace themselves for potential economic turbulence, traditional safe havens such as gold and oil face significant challenges. In this tumultuous landscape, Bitcoin stands out as a compelling alternative, attracting attention and interest from those seeking to protect their wealth. Could the upcoming global crisis see Bitcoin’s price escalate to an […]
Bitcoin Faces Bearish Pressure as Short-Term Holders Capitulate – A Market Analysis
In recent weeks, Bitcoin (BTC) has encountered significant selling pressure, primarily driven by a wave of short-term holders who are capitulating and offloading their coins at a loss. Analysts warn that this trend is reminiscent of previous market downturns, particularly the crash in August 2024. The current market dynamics indicate a prevailing bearish sentiment which […]
Bitcoin’s Price Pressure: High-Entry Buyers Fuel Panic Selling Amid Market Decline
Recent market trends indicate that Bitcoin buyers, especially those who acquired the cryptocurrency around its historic peak of $109,000 in January, are increasingly engaging in panic selling as prices dip. An analysis report has termed this situation a “moderate capitulation event,” reflecting the pressure exerted by top buyers looking to recoup losses amidst a bearish […]
Why the U.S. Needs to Take the Lead in Bitcoin Adoption Now
In a critical moment for cryptocurrency, the Bitcoin Policy Institute recently hosted the landmark Bitcoin For America summit, emphasizing the necessity for the United States to embrace Bitcoin adoption. This event coincided with President Trump’s executive order establishing a Strategic Bitcoin Reserve (SBR), indicating a significant shift in U.S. monetary policy. During the summit, various […]
Bitcoin’s Surge Towards $73K: Analyzing the Current Market Dynamics
As global market conditions fluctuate and investors brace for potential downturns, Bitcoin is being closely watched as it approaches the pivotal mark of $73,000. Recent analyses indicate that, much like the end of the previous bull market, the cryptocurrency faces a myriad of macroeconomic headwinds that could significantly impact its trajectory. Understanding Crypto Market Fluctuations […]
Is Bitcoin’s $80k Dip a Buying Opportunity? Expert Predicts 80% Surge
Bitcoin’s recent decline to $80,000 has sent ripples through the cryptocurrency market, causing panic among investors and causing many to reconsider their positions. Despite this unsettling drop, financial expert Tom Lee remains optimistic, projecting an eye-catching 80% increase that could see Bitcoin reaching $150,000 by December 2025. The narrative surrounding this downturn is one of […]
Is Bitcoin’s $76.7K Low the Bottom? 4 Key Indicators to Watch
Bitcoin (BTC) recently plummeted to a four-month low of $76,700 on March 11, amplified by a 6% weekly decline in the S&P 500 index, which has prompted discussions about whether this price represents the ultimate low. While some analysts speculate that Bitcoin has entered a bear market, contrasting data from historical price actions and market […]
BTC Recovery Amidst Market Turbulence: Ethereum’s Struggles and the Rise of Stablecoins
The cryptocurrency market has seen significant fluctuations recently, with Bitcoin (BTC) experiencing a substantial rebound after hitting a four-month low of $76,000. Following this dip, BTC managed to recover, but the broader market continues to grapple with volatility and investor fears. As investors faced liquidations amounting to $1.1 billion, a fear and greed index has […]