Bitcoin continues to struggle with weekly losses and is currently range-bound between $60,000 and $70,000 levels. The cryptocurrency is facing resistance at the $70,000 ceiling while attempting to maintain support above the $60,000 fortress level.
Iran's government operates a $7.8 billion cryptocurrency shadow economy to facilitate international trade amid sanctions. This crypto infrastructure also serves as a crucial financial lifeline for ordinary Iranians during protests and economic crises.
Peter Schiff predicts that the current divergence between Bitcoin and precious metals will continue throughout the year, with Bitcoin declining while gold gains value. This suggests a potential shift in investor preference from cryptocurrency to traditional safe-haven assets.
Bitcoin faces significant selling pressure with $1.8 billion in sell volume as the cryptocurrency retests the $63,000 level. The derivatives market is experiencing intensifying bearish sentiment amid broader US market tensions.
U.S. strikes on Iran have raised questions about potential impacts on Bitcoin's network stability, given Iran's estimated control of approximately 5% of global hashrate. However, observers note that Bitcoin's network would continue operating without disruption even if Iran's mining operations were affected.
Stellar (XLM) has formed a death cross technical pattern on its price chart while experiencing a 10% price decline. The cryptocurrency has closed another consecutive month with negative performance, signaling potential continued bearish momentum.
A new Bitcoin halving-cycle model based on four cycles projects BTC will reach a cycle low of approximately $35,000 in December 2026, representing a 72.5% drawdown from a projected cycle high of $126,219. The analysis suggests the current bull market cycle has already reached its peak.
Iran launched missile and drone attacks targeting Israel, U.S. military bases, and Gulf allies across the Middle East, with explosions reported in Dubai, Kuwait, and Bahrain. The escalating geopolitical tensions are creating additional downside pressure on Bitcoin and cryptocurrency markets.
Technical analyst Ali Martinez identifies key Solana support levels at $50, $22, and $10 based on a Parallel Channel pattern in SOL's weekly price chart. The analysis suggests these levels could provide support if Solana continues declining from its recent rejection at the channel's upper resistance.
Mt. Gox's former CEO Mark Karpelès has proposed a hard fork to recover 80,000 hacked Bitcoin from the collapsed exchange. This suggestion comes 12 years after Mt. Gox's bankruptcy proceedings began, with Karpelès describing it as potentially the last major issue to resolve in the case.
Citibank has announced plans to introduce infrastructure to integrate Bitcoin into traditional banking systems by 2026, marking a significant institutional push to make cryptocurrency 'bankable'. This represents a major traditional financial institution's commitment to cryptocurrency adoption and infrastructure development.
BlockTower founder Ari Paul debunks theories that Jane Street is manipulating Bitcoin prices to suppress higher valuations. Paul argues that Bitcoin's recent underperformance is better explained by large-scale spot selling from long-term holders rather than systematic market manipulation by Wall Street firms.
Dogecoin is currently trading below $0.10 and sitting 86% below its all-time high, with poor technical indicators as it trades below all moving averages. Despite the bearish price action, the article suggests on-chain data may indicate potential for a major recovery.
Dogecoin is facing its fifth consecutive month of losses as February closes, with the cryptocurrency experiencing a 14% price decline. The downturn is part of a broader last-minute slip affecting the entire crypto market.
KAI Exchange claims to have received a mysterious message from Satoshi Nakamoto stating that March 1st, not April 5th, is the Bitcoin creator's real birthday. The AI-native cryptocurrency trading platform is celebrating this revelation with 10,000 traders worldwide.