Bitcoin(BTCUSD) is showing renewed strength after political tensions reignited interest in crypto markets. Following Fed Chair Jerome Powell’s remarks warning against early rate cuts and inflation risks from tariffs, markets dipped—until Trump recently hit back, calling for Powell’s removal and signaling a possible replacement with pro-crypto figure Kevin Warsh. I honestly think it is very […]
The US Dollar Index (DXY) has plummeted to a three-year low, amplifying investor interest in store-of-value assets like gold and Bitcoin. DXY, which tracks the greenback against a basket of six major currencies, dropped to 98.23 this week—its lowest since March 2022—according to TradingView. Gold investor Peter Schiff highlighted the situation, stating, “The Dollar Index […]
BTCUSD Market Analysis – April 17 The market has re-established its bullish trajectory after breaching a minor bearish retracement phase. BTCUSD long-term trend remains firmly bullish, with price action confirming renewed upward momentum. Bitcoin Key Levels Support Levels: $74600.00, $58200.00Resistance Levels: $89300.30, $106300.00 BTCUSD Long-Term Outlook: Bullish The rally began from the $58,200.00 demand zone, […]
The crypto industry experienced a significant downturn in the first quarter of 2025, with the total market capitalization falling 18.6% to close at $2.8 trillion, according to CoinGecko’s latest Q1 report. This decline follows a period of euphoria in late 2024, when the market briefly touched $3.8 trillion on January 18, just before Donald Trump’s […]
Glassnode has underscored the impressive endurance of hard assets like Bitcoin and gold, even as global economic conditions remain turbulent. In its April 16 update, the on-chain analytics firm emphasized that these assets continue to outperform traditional investments, despite ongoing macroeconomic challenges. Gold Breaks Records While Markets Face Volatility Volatility in U.S. Treasury yields—ranging from […]
Renowned economist and longtime gold proponent Peter Schiff is once again casting doubt on Bitcoin’s future, encouraging investors to offload their holdings in favor of gold mining stocks. Calling Bitcoin “the ultimate risky asset,” Schiff believes the smarter move during these volatile times is to pivot toward traditional safe havens. In his latest critique, Schiff […]
Bitcoin Climbs Back Above $86K as Whales Accumulate Bitcoin surged this week, briefly reaching $86,000 following a sharp retreat to $75,000 earlier in April. According to Santiment, the rebound was driven by stronger on-chain fundamentals and temporary relief in global tariff tensions. While macro uncertainty continues to dominate headlines, the data shows a divergence between […]
Bitcoin could undergo a significant cryptographic overhaul if a new proposal gains traction. Developer Agustin Cruz has introduced a draft Bitcoin Improvement Proposal (BIP) called Quantum-Resistant Address Migration Protocol (QRAMP). The proposal outlines a plan to migrate BTC from legacy wallets to ones secured by post-quantum cryptography across the entire network. The plan would make […]
Bitcoin’s long bullish trend strengthens amid robust institutional adoption worldwide. Institutions and industry experts are fueling optimism for Bitcoin’s future. Prominent figures like Adam Back and Joe Burnett have set high long-term targets. They envision Bitcoin reaching extraordinary levels by 2035. Educational institutions are also joining the movement. Scotland’s Lomond School now accepts Bitcoin for […]
