Michael Saylor has warned that changes to Bitcoin’s consensus rules pose a greater long-term threat than rival cryptocurrencies, governments, or external competition. Saylor warns against capturing Bitcoin consensus Strategy Executive Chairman Michael Saylor issued the warning in a series of X posts on Tuesday, describing Bitcoin’s consensus rules as its constitution. Those rules determine how […]
Bitcoin Pulls Back Ahead of Pivotal Macro Week A day after near-flat price action, bitcoin tumbled Tuesday, briefly slipping below $63,000 as it braced for the summer’s most event-heavy week. Market data show that bitcoin, which traded near $65,000 Monday afternoon, initially dipped to just over $63,000. It fluctuated between $63,000 and $63,500 until around […]
Bitcoin’s price slid further on Tuesday as investors weighed up the chances of lawmakers voting on the long-awaited crypto Clarity Act. The price of Bitcoin was recently $63,634 after sliding 2% over a 24-hour period. The cryptocurrency dropped as low as $62,784 at one point. Market observers now give the Clarity Act a 35% chance […]
Bitcoin’s [$BTC] latest recovery attempt ran into heavy selling before buyers could reclaim higher ground. After briefly reaching $66,932, bearish pressure quickly erased the advance. This shift signaled that sellers remained firmly in control. That rejection became more significant when the price slipped below the $65,718 support. This turned the former demand zone into overhead […]
BlackRock Inc. (NYSE: BLK) has seen its crypto portfolio surge by nearly $5 billion so far in July. BlackRock’s crypto portfolio has increased by $4.8 billion, from $49.15 billion on July 1 to about $53.95 billion on July 28, according to data from Arkham Intelligence. During this period, the firm’s crypto holdings increased value by […]
ChatGPT has revealed the best time to buy XRP is over the coming weeks, as the token continues to attract institutional interest amid improving regulatory clarity. On July 28, ChatGPT highlighted that the most attractive buying opportunity for XRP is after the next meaningful market correction over the next 2 to 8 weeks. “The next […]
Bitcoin (BTC) is struggling below $64,000 ahead of the U.S. Federal Reserve’s interest rate decision on 29 July, but artificial intelligence (AI) predicts the cryptocurrency will regain some footing by the end of the quarter. Namely, OpenAI’s leading chatbot ChatGPT has argued that Bitcoin is most likely to end the third quarter in the $68,000-78,000 […]
Bitcoin’s Third Break Below $64,000 This Week The $64,000 level has become a battleground of sorts for bitcoin traders over the back half of July. To this point, Bitcoin.com News reported a slide below the level late last week when the asset retreated from nearly $67,000 and triggered an $87 million liquidation event, split between […]
As XRP price retests a monthly support level, pseudonymous cryptocurrency analyst Egrag Crypto has set his first major target for the next bull market. The crypto expert has set $6.40 as the first major target for XRP during the next bull rally, in an X post analyzed by Finbold on July 28. With XRP price […]