Category: Cryptocurrency news

Michael Saylor Calls for Attention to Bitcoin’s Potential

Bitcoin’s market is receiving renewed attention as Michael Saylor recently shared a tweet emphasizing its importance. His commentary arrives amid a backdrop of mixed signals in the crypto market, suggesting a shift towards micro-transactions. This highlights Bitcoin’s evolving role and its potential for growth as a financial asset. For further details, see Saylor’s tweet here. […]

Bitcoin Slips Below $81,000 After Wall Street Close: Is $80K the Next Liquidity Target?

Bitcoin slipped beneath $81,000 after Friday’s Wall Street close, reopening a support test that began earlier in the week. $BTC touched $80,401 during the 23:00 UTC hour, then recovered toward $80,810 early Saturday. The latest four-hour snapshot subsequently placed Bitcoin near $80,571, below Thursday’s $80,789 low. The sequence initially resembled a liquidity sweep, with prices […]

Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations

The U.S. is quickly evacuating personnel from embassies and military bases throughout the Middle East as intelligence suggests Iran is prepping attacks against Americans, the WSJ reported Saturday morning. “Iran has substantially increased efforts to target U.S. personnel,” wrote Jay Clayton, the director of national intelligence, in a Friday memo to Secretary of State Marco […]

Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends

Bitcoin BTC$84,459.46 treasury companies like Strategy (MSTR) and Strive (ASST), whose purchases help maintain demand for the largest cryptocurrency, have a tough balancing act, according to Fidelity Digital Assets and analysts who spoke to CoinDesk. On the one hand, they need cash to fund their purchases. On the other, they need to maintain investor appetite […]

Bitcoin Price Faces $78K Threat as Sellers Hammer Key Support

Bitcoin’s $80,000 Defense Faces Another Test as Bears Hold the Line Bitcoin’s price hovered around $80,500 on Saturday morning, around 8 a.m. Eastern time, with the leading cryptocurrency pinned near the bottom of its daily trading range while shorter-term technical indicators continued flashing bearish warnings. Although the broader technical structure hasn’t entirely surrendered to sellers, […]