Cointelegraph·
Bitcoin bear market analysis showed copycat BTC price moves ongoing despite new hopes of a US-Iran peace deal.
Read full articleMonaco's tax-free crypto gains appeal to wealthy investors, but high residency costs limit access, impacting global tax strategies. The post Monaco offers 0% capital gains tax on Bitcoin and crypto, but there’s a catch appeared first on Crypto Briefing.
Bitwise research suggests that Bitcoin is leading a broader risk-off move across markets as global liquidity and stablecoin reserves remain elevated.
Arthur Hayes published a macro thesis arguing Bitcoin cannot rally until the AI stock bubble deflates, citing $1.5 trillion in AI debt issuance that absorbed the liquidity Bitcoin needed. He exited HYPE, NEAR, WLD, and ZEC and rotated Maelstrom's equity book into US energy producers.
Bitcoin’s latest upward move has sparked debate among market participants, and some believe the rally may have little to do with the purchase announcement that received the most attention. While the acquisition is generally viewed as constructive for the broader market, it is not necessarily the type of development that would justify a significant upward move in Bitcoin price. Why The Latest Purchase May Not Be Driving Bitcoin Rally The Bitcoin’s recent move higher is being misinterpreted as a direct reaction to purchase news, when in reality the drivers appear to be more technical in nature. Crypto analyst Aylo has explained on X that the BTC bounce is likely the result of an oversold market finding relief after sweeping key February lows. Related Reading: Bitcoin Supply In Loss Crosses Critical Threshold — Bullish Reversal Next? Another factor supporting the move higher is the easing of concerns surrounding Strategy and its Bitcoin holdings. The company’s recent sale of a relatively
Wall Street collapsed and bitcoin tumbled Tuesday after Iran shot down a U.S. military helicopter over the Strait of Hormuz, torching an earlier ceasefire rally and sending markets into a sharp risk-off spiral. Markets Get Crushed The Nasdaq Composite shed 844 points, falling to 25,085, its steepest single-session drop since last week’s brutal selloff. The […]
PI crashed another 10% this week and lost support at $0.13. PI Network (PI) Price Predictions: Analysis Key support levels: $0.10 Key resistance levels: $0.13, $0.16 PI Loses Key Support After some hesitation, PI could no longer hold at $0.13 and fell under this level, which is currently acting as key resistance. If nothing changes […]
XRP is down 8% on the weekly chart as bears just tested support at $1. Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.4, $1.6, $2 Price Hits $1 In the past week, XRP fell to $1 after sellers took over the price action. After testing this key psychological level, this […]
