"We would use a short-term rebound to reduce exposure since bitcoin now has a decisive long-term overbought downturn," analyst Katie Stockton said.
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One polymarket bet indicates 61% chance that bitcoin reaches $110,000 this year.
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The lawsuit against the issuer of the XRP coin claimed the token was an unregistered security. Now, the SEC is dropping the case.
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Binance founder Changpeng Zhao is also pushing for a White House pardon, the Journal reported.
Trump's executive order launching a Strategic Bitcoin Reserve marks a shift in US crypto policy, as David Sacks reveals a $16 billion bitcoin misstep.
Tech
2025-03-07T17:43:34Z
Donald Trump officially opened the US strategic bitcoin reserve. There's a big question no one can seem to answer: What is that and why do we need it?
Lawmakers on both sides of the aisle are flirting with crypto after years of skepticism. But some doubt that Democrats will actually embrace crypto.
The reserve would be funded with bitcoin owned by the federal government that was forfeited as part of criminal or civil asset proceedings.
Prominent crypto figures are questioning the inclusion of five coins in the strategic reserve fund, and some think only bitcoin should be on the list.
After President Trump announced a Crypto Strategic Reserve, crypto's bull run slowed. Experts unpack the hard truths crypto investors should know.
A number of US states have debated investing in crypto. So far, five states have voted against the idea, while a national reserve isn't likely soon.
I was a crypto skeptic at a major bitcoin conference during a big market downturn. Here's why I now might buy bitcoin for the first time in years.
The crypto sell-off accelerated Friday, briefly dragging bitcoin under $80,000. Tariff fears have weighed on bullishness fueled by Trump's election.
Tech
2025-02-27T14:22:03Z
Assets were stolen from Dubai-based cryptocurrency exchange Bybit earlier this month, in what's believed to be the largest-ever digital heist.
"These types of losses rarely end well and I still think the big capitulation is yet to come," Standard Chartered's Geoff Kendrick said.