Bitcoin market dominance is currently at a 4-year high of more than 62%, its highest level since March 2021. There was a brief spike above this level on Feb. 3, but that appears to be an isolated wick, whereas recent increases have been more sustained. BTC market share has been steadily rising since early December, …
Category: News
Mar 21 2025
Solana Foundation Deletes Controversial Ad After Crypto Community Backlash
The Solana Foundation has removed an advertisement from its official X account following criticism over its political messaging on gender identity. The ad, posted on March 17 to promote the Solana Accelerate conference, attracted negative commentary from the crypto community for its references to gender and pronouns. Solana co-founder Anatoly Yakovenko, who recently with the …
Mar 21 2025
Unpopular Opinion: Is It Actually Time to Short Ripple (XRP)?
Ripple CEO Brad Garlinghouse announced that the US SEC would drop its legal case against the company. Although this sounds like good news for everyone on the Ripple side, could it actually mean it’s time to short XRP? Here’s why. All financial markets are susceptible to the so-called ‘buy the rumor, sell the news’ effect. …
Mar 21 2025
$21 Billion to Buy Bitcoin: Strategy Announces Preferred Stock Offering to Fund Additional BTC Purchases
Business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock. The shares, which carry a $0.001 par value, are convertible into Strategy’s class A common stock and will be sold under an at-the-market (ATM) offering program. Strategy …
Mar 20 2025
Bitcoin Price Analysis: Can BTC Reclaim $90K This Week?
Bitcoin is trapped within a tight price range, bounded by the ascending channel’s lower boundary at $78K and the 200-day moving average at $83K. A breakout from this range will likely determine the next significant market trend. Bitcoin has been maintaining a bearish market structure, recently experiencing increased bearish momentum that pushed the price below …
Mar 20 2025
Ethereum at a Crossroads: Will ETH Fall to $1,250?
Ether has been among the biggest underperformers during the late 2024/early 2025 bull run. The asset dumped to its lowest level since November 2023 at under $1,800. Back then, ETH was charting massive gains and its price soared toward $5,000. It failed to decisively overcome the $4,000 target despite its numerous attempts to conquer it …
Mar 19 2025
Will Trump’s ‘Short-Term Pain’ Plan Result in Long-Term Gains for Crypto?
High-risk assets such as tech stocks and crypto have been selling off heavily over the past month or so as Donald Trump’s trade war escalates. However, this could all be part of a “short term pain” masterplan in a strategy that aims to lower inflation and refinance around $9 trillion of US debt by allowing …
Mar 19 2025
Bitcoin Price Analysis: This Key Resistance Could Prevent BTC’s Surge to $90K
Bitcoin has recently rebounded from the critical $78K support level. It is now testing a significant resistance at $85K. If it manages to reclaim this level, the next target will likely be the $90K region. However, the presence of sellers at this level suggests that further consolidation is the more probable short-term scenario. This pattern …
Mar 16 2025
Maddow Slams Trump and Calls Bitcoin ‘Scam’ – She Got These 5 Facts Wrong
MSNBC Host Rachel Maddow calls Trump’s Strategic Bitcoin Reserve a ‘deeply old-fashioned simple scam’ She draws a striking comparison between crypto and Beanie Babies, saying, “Cryptos operate on the same idea. They have no inherent value at all, but people speculate, hoping…” President Donald Trump signed an executive order earlier that day establishing a national …
Mar 13 2025
Peter Schiff’s Time to Shine: Bitcoin Bashing Fiesta as Price Dips to $77K
Gold advocate Peter Schiff took to X to poke fun at crypto investors after BTC’s latest downturn. Schiff questioned the logic behind the U.S. government holding cryptocurrencies as reserve assets. “A lot of crypto millionaires are going to need jobs,” he added. Despite the ribbing, some analysts believe the current correction is what happened in …