News Explorer — Bitcoin's Potential Parabolic Move Mirrors Gold's Historical Surge, Driven by Sustained Buying Pressure: Analysts

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Jan 15, 10:24 am

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Bitcoin's Potential Parabolic Move Mirrors Gold's Historical Surge, Driven by Sustained Buying Pressure: Analysts

Bitwise's CIO draws parallels between Bitcoin ETFs and gold's historical surge, suggesting a potential parabolic move for the cryptocurrency. The pattern of sustained buying absorbing selling pressure has been observed before, indicating a potential price explosion for Bitcoin.

Bitwise's CIO draws parallels between Bitcoin ETFs and gold's historical surge, suggesting a potential parabolic move for the cryptocurrency. The pattern of sustained buying absorbing selling pressure has been observed before, indicating a potential price explosion for Bitcoin.

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Jun 29, 3:13 pm

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Tom Lee's BitMine Boosts Ethereum Holdings With $43M Buy

BitMine Immersion Technologies added $43 million in ETH to its treasury, now holding over 5.7 million ETH and 206 Bitcoi... Read Summary

Jun 29, 2:46 pm

Coindesk

BNY Adds USDC to Its Custody Platform, Catering to Institutional Demand

BNY, with $59 trillion in assets, is strengthening its partnership with Circle by offering USDC on its Digital Asset Cus... Read Summary

Jun 29, 2:02 pm

Coindesk

ENA Pops After BlackRock's Aladdin Platform Integrates Ethena's USDe Token

Ethena's "synthetic dollar" token will integrate into BlackRock's Aladdin platform, with ENA token rising 8% on the news... Read Summary

Jun 29, 12:56 pm

Coindesk

Prediction Market Tech Consolidation May Lead to Mergers and Acquisitions: Bernstein

According to Wall Street broker Bernstein, the prediction market technology stack's rapid consolidation is increasing th... Read Summary

Jun 29, 12:48 pm

Coindesk

JPMorgan Report Highlights Low Institutional Interest in Crypto Perpetual Futures

JPMorgan's report indicates limited institutional demand for perpetual futures in the crypto market, with most activity... Read Summary

Jun 29, 12:48 pm

Decrypt

Strategy Authorizes $1.25 Billion in Potential Bitcoin Sales Following STRC Price Plunge

Strategy has introduced a "Digital Credit Capital Framework" to sell up to $1.25 billion in Bitcoin for cash reserves, p... Read Summary

Jun 29, 11:52 am

Coindesk

Ethereum Founder Vitalik Buterin Highlights the Importance of Obfuscation in Cryptography

Vitalik Buterin's technical series on obfuscation explains its potential in cryptography, focusing on indistinguishabili... Read Summary

Jun 29, 11:50 am

Decrypt

Bitcoin on Track for Second Straight Quarterly Loss

Bitcoin is trading just below $60,000 and is on track for a rare back-to-back quarterly loss, down roughly 12% this quar... Read Summary

Jun 29, 10:48 am

Decrypt

Ukraine Seizes $8.3 Million in USDT From Hacking Group

Ukraine has seized over $8.3 million in USDT from an alleged member of an international hacking group, transferring the... Read Summary

Jun 29, 7:03 am

Coindesk

CEO, CFO Depart Crypto Exchange BitMEX

BitMEX has replaced its executive team, with Peter Wilkinson taking over as CEO, following the departure of Stephan Lutz... Read Summary

Jun 29, 6:19 am

Coindesk

Samsung and SK Hynix Will Invest $518 Billion Into AI Chip Plants

Samsung Electronics and SK Hynix are investing $518 billion in new chip plants to meet the rising demand for AI chips, a... Read Summary

Jun 26, 6:24 pm

Coindesk

Alliance to End Human Trafficking Raises Concerns About Clarity Act Crypto Bill

The Alliance to End Human Trafficking is advocating for a review of Section 604 of the Clarity Act, concerned it may hin... Read Summary

Jun 26, 6:02 pm

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Spain's Securities Regulator Warns No Extensions as EU Crypto Deadline Looms

Spain's top securities regulator confirmed that the July 1 deadline for crypto firms to register under the new MiCA regu... Read Summary

Jun 26, 3:33 pm

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Strategy's STRC Stock Hits Record Low Following Calls for Increased Cash Reserves Amid Bitcoin Volatility

Strategy's preferred stock, Stretch (STRC), hit a new low of $71.25 before recovering slightly to $75.30, marking a 25%... Read Summary

Jun 26, 1:43 pm

Decrypt

Bitcoin Price Decline Linked to ETF Selling and Upcoming Options Expiries

Bitcoin's price dropped below $59,000 due in part to significant ETF selling and upcoming options expiries. The largest... Read Summary