The small nation’s Ether staking adds to its expanding blockchain activity as it remains one of the few governments holding Bitcoin.
The financial services giant has filed with the US Securities and Exchange Commission to launch a leveraged BTC financial product.
Bitcoin bulls need to pump more volume into the spot and futures market in order for the current BTC bounce to hold above $90,000.
Bitcoin whale deposits to exchanges surged to 9,000 BTC on Nov. 21, with large holders driving 45% of inflows. If it keeps up, Bitcoin could have more to fall.
The push from the Nasdaq to increase option limits for the BlackRock Bitcoin fund shows Bitcoin markets are “breaking out of their training wheels.”
BitMine chair Tom Lee says Bitcoin’s “best days” are still ahead, but has seemingly eased off his bullish prediction of $250,000 Bitcoin by the end of 2025.
Bitcoin’s momentum is restrained by uncertainty in interest rate policy, inflation expectations, a pending MSCI decision on crypto-focused firms and stress in BTC derivatives.
Bitcoin and select altcoins have started a recovery, but higher levels are likely to attract solid selling by the bears. Is $100,000 BTC’s next stop?
Bitcoin faces downside risks as a bear flag breakdown targets $77,400, while tensions between Strategy and MSCI may add new pressure on the BTC price.
Bitcoin’s 200-day trend has turned bearish, which could suggest the bull market is over, but some analysts don’t think we’re there yet.