Bitcoin on-chain data shows the market is more balanced than simply being in a “bull” or “bear” phase. While Coin Days Destroyed (CDD) has shown some major spikes in July, other indicators, such as NUPL and MVRV, suggest that the market is cooling down rather than experiencing a major sell-off. The data points to a […]
Appearing on Galaxy Brains, a program hosted by Galaxy Digital’s research director Alex Thorn, Castle Island Ventures Founding Partner Nic Carter offered critical insights into the AI revolution, the threats quantum computing poses to cryptography, and the future of Bitcoin. The recent acceleration of transition schedules to post-quantum cryptography standards by the US government and […]
A draft plan developed to protect Bitcoin against future quantum computing advancements has turned the debate in a different direction. The discussion is no longer related to cryptography, but governance. Is a system that was set up to resist changes capable of agreeing on an important upgrade before it is imperative? This week, the issue […]
Bitcoin is under renewed selling pressure, and one chart analyst says the coming weeks could determine whether this bear market is entering its final stage or has further to fall. Bitcoin was rejected from resistance earlier this month and has since pulled back. Bitcoin is testing structural support near $63,760 after being rejected in July, […]
OpenAI’s artificial intelligence model ChatGPT has projected that XRP could end the third quarter of 2026 at $1.35, representing a gain of roughly 24% from its current trading level of $1.09. The forecast comes as XRP continues to trade in tandem with broader cryptocurrency market sentiment, which has remained in a consolidation phase in recent […]
Cory Klippsten, CEO of Swan Bitcoin, responded to comments from Galaxy Digital’s CEO Mike Novogratz, rejecting the idea that Bitcoin’s value or usefulness comes mainly from trust or shared belief among its users. Klippsten stated that Bitcoin doesn’t work because of trust, but because anyone and anywhere can verify. His main point is that users […]
A new technical analysis by TradingShot suggests Dogecoin (DOGE) could reach $2 by mid-2028, despite expectations for additional downside pressure in the near term. In a TradingView post published on July 23, TradingShot argued that Dogecoin remains in the latter stages of a long-term market cycle. According to the analysis, the meme cryptocurrency is currently […]
Wall Street giant Morgan Stanley Bitcoin exchange-traded fund now has close to $400 million in assets under management — despite only launching in April. The NYSE Arca-listed fund, which is the first by a bank, got off to a roaring start when it debuted, bringing in over $33 million in fresh cash on its first […]
The Bitcoin Policy Institute (BPI) has been included by the US State Department as one of the founding partners in its new diplomatic initiative. This suggests that Washington is realizing the key role of Bitcoin in its strategic toolkit and is hence moving towards its increasing acceptance, at a time when institutional appetite for digital […]
Zach Pandl Says Bitcoin May Have Bottomed if the Fed Avoids Another Rate Increase Bitcoin’s bear market may be closer to its end than historic trading patterns suggest, according to Grayscale, which argues that macroeconomic conditions are becoming more important than the cryptocurrency’s traditional four-year cycle. Zach Pandl, Grayscale’s head of research, outlined two competing […]