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Negotiations in Geneva last week proved fruitful as Beijing cut duties on U.S. goods from 125% to 10% and Washington decreased tolls on Chinese imports to 30% from 145%. Both reductions are valid for 90 days and come into effect from May 14, according to an official White House statement.In response…
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has suggested the firm may be preparing for another significant Bitcoin purchase.His hint comes as Bitcoin gains fresh upward momentum, crossing the $100,000 threshold for the first time in months.Strategy’s Growing Bitcoin Bet…
Bitcoin has successfully reclaimed the $100K mark and is now trading around $104K. This sharp move is reportedly driven by easing tariff tensions and potential agreements between countries like the US and China.Trump took to Truth Social to say that a lot of things were discussed between the two cou…
Strategy, a Bitcoin treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju."Their 555,000 BTC is illiquid with no plans to sell," the analyst wrote…
In a research note out on Tuesday, the British banking giant’s head of digital, Geoff Kendrick, said:“BNB has traded almost exactly in line with an unweighted basket of bitcoin and ether since May 2021 in terms of both returns and volatility.”That’s good news for the Binance exchange and smart chain…
With Bitcoin back above $100,000, crypto analyst Leo Hart has released a 6-month roadmap on the flagship crypto’s journey to new all-time highs (ATHs). The analyst predicted BTC could rally to as high as $188,000 by the sixth month. The Roadmap For Bitcoin’s ‘Flight Plan’ To $188,000In an X post, Le…
After months of price malaise, Bitcoin (BTC) is roaring back, having climbed past $103,000 today and signaling a shift in market sentiment.According to CryptoQuant, the catalyst is a massive surge in spot demand, which has propelled Bitcoin’s Bull Score Index from a bearish 20 to a blazing 80, indic…
After soaring over 10% on Wednesday, Ethereum (ETH) has jumped past the $2,000 mark for the first time since March, leading some analysts to suggest that the second-largest crypto could reclaim its macro range in the coming days.Ethereum Hits Seven-Week HighFor the first time in over a month, Ethere…
Bitcoin’s once-predictable boom-and-bust cycles are becoming increasingly irrelevant, says CryptoQuant CEO Ki Young Ju.The sentiment comes as Bitcoin’s price holds above the $100,000 threshold. The pioneer crypto is drawing tailwinds from institutional interest and macroeconomic tides.Bitcoin Cycle…
There’s a lot to unpack from the past seven days, so let’s get straight to it.Let’s take you back to ourprevious Market Updatefrom last Friday when BTC targeted $100,000 yet again. This transpired after the asset had gained over $20,000 since the early April lows. However, BTC was stopped there and …
Strategy—formerly known as MicroStrategy—achieved a historic milestone as the total value of its Bitcoin holdings soared to a new all-time high.This peak coincides with Bitcoin surpassing the $100,000 threshold, just a month after it plunged to a multi-month low of 74,393 on April 7.How Strategy is…
Key takeaways:Bitcoin was up 4.3% on May 9, after breaking $100,000 for the first time since February.BTC price gains trigger $800 million in short liquidations, the largest since 2021.A bull flag on the weekly chart suggests a $182,200 target, with analysts predicting Bitcoin’s price can go as high…