Robinhood Trivia Live will hand out over $2 million in total Bitcoin and Dogecoin prizes between Wednesday and Thursday.
Polkadot [DOT] is currently presenting a unique opportunity for traders as it showcases signs of potential upward movement despite a generally bearish market outlook. The recent consolidation phase, sustained between
Bitcoin fluctuated significantly as global uncertainty grew with political tensions. FLOKI and DOGE struggle as technical analysis proves unreliable in current market conditions. Continue Reading: Market Trends Challenge Floki, DOGE, and BONK Coin Prices The post Market Trends Challenge Floki, DOGE, and BONK Coin Prices appeared first on COINTURK NEWS .
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . Many in the US woke up Wednesday to bitcoin back above $90,000. After Donald Trump mentioned five tokens in his Sunday post about a crypto reserve, prices soared. BTC included (despite confusion from some about why this wouldn’t be a BTC-only reserve). Bitcoin ascended to about $95,000 Sunday, but essentially lost all those gains Monday. It traded in the mid-80s for much of Tuesday. The early Wednesday surge wasn’t because Trump mentioned BTC in his address to Congress Tuesday night. He didn’t. Rather it came after Commerce Secretary Howard Lutnick reportedly said a bitcoin strategic reserve is “something the president’s interested in.” He added: “I think you’re going to see it executed on Friday.” Lutnick, the ex-CEO of Cantor Fitzgerald, previously noted that TradFi firms would go “headfirst” into bitcoin when the regulatory environment improves. Tokens outside of BTC could be treated “positively, but differently” than the largest crypto asset, he told The Pavlovic Today. I applaud the journalist who was able to chat with Lutnick about this. But I still take the comments with a grain of salt. It seems kind of noncommittal. Trump’s interested in it and Lutnick thinks it will happen. The best us onlookers can do is first see what the administration says at Friday’s crypto summit . Then go from there. Chief bitcoin bull Michael Saylor said he was invited to the event. CNBC asked him if he thought any assets not named bitcoin should be in a US crypto reserve? His response: “I think if you’re looking out over the next 100 years trying to figure out how you capitalize a nation-state or a country, what you want is a digital commodity.” That would be bitcoin. “But if you have a sovereign wealth fund, then I think it’s well within the rights of the leader of the nation to decide to put proprietary assets, securities, tokens and the like into it,” Saylor added. Trump’s executive order gives the Working Group until late July to make policy recommendations, including about a “national digital asset stockpile.” So don’t expect to know everything on Friday. Get the news in your inbox. Explore Blockworks newsletters: Blockworks Daily : The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam. Empire : Start your day with top crypto insights from David Canellis and Katherine Ross. Forward Guidance : Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. 0xResearch : Get alpha directly in your inbox — market highlights, charts, degen trade ideas, governance updates, and more. Lightspeed : All things Solana, in your inbox, every day from Jack Kubinec and Jeff Albus. The Drop : The newsletter for crypto collectors and traders, covering games, tokens, apps, memes and more.
The CEO of digital asset market intelligence firm CryptoQuant is highlighting one factor that’s holding back Bitcoin ( BTC ) and other cryptocurrencies from rallying. Ki Young Ju tells his 410,300 followers on the social media platform X that the crypto and Bitcoin markets “will likely remain slow until sentiment in the US improves.” The CryptoQuant CEO, however, says that the market outlook remains unchanged. “There’s no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact. Fundamentals remain strong, with more mining rigs coming online. If the cycle ends here, it’s an outcome no one wanted—not old whales, mining companies, the traditional finance sector, or even Trump. (For your information, the market doesn’t care about retail.)” Source: Ki Young Ju/X Turning to Ethereum ( ETH ), the CryptoQuant CEO says the second-largest crypto asset by market cap is not in a distribution phase – a stage in a market cycle that happens after a prolonged bull run but before a prolonged bear run kicks off. In a distribution phase, prices move sideways in a range before the downtrend starts. According to Ki Young Ju, the liquidity emanating from retail traders and investors is weak relative to the level of liquidity recorded during the previous bull cycle. Source: Ki Young Ju/X Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin and Crypto Markets To Remain Slow Until This Happens, According to CryptoQuant CEO appeared first on The Daily Hodl .
Bitcoin’s volatility is surging to cycle highs, fueled by geopolitical tensions and economic uncertainty impacting global markets. As key economic indicators fluctuate, traders are closely monitoring Bitcoin and its competitive
Robert Kiyosaki , author of Rich Dad Poor Dad, conceded on X that Bitcoin might be a scam, but added that the U.S. dollar is a bigger scam. He backs up his statement by claiming that the Federal Reserve and the banking system defrauds everyone, receiving bailouts when losing money, while regular people do not get bailouts when they lose money. For this reason, Kiyosaki distrusts securities controlled by banks, such as the newly minted Bitcoin ETFs, advising people to get gold, silver, and Bitcoin instead. He warns people against using financial products managed by banks. He feels concerned that even Bitcoin ETFs could be manipulated by banks, in some shape or form, only to defraud the general public further. The author of Rich Dad Poor Dad also predicts that Bitcoin could hit a new record in 2025, reaching a height of $175,000 or even $350,000. In November last year, Kiyosaki predicted $500,000 for 2025, citing a new AI tool he used to forecast the price. While many of these projections may seem outlandish, there is a lot of momentum happening right now, not only with Bitcoin but also with Gold. During the recent Bitcoin downturn, Kiyosaki claims he bought more at a discounted price. He considers Bitcoin a currency with integrity, as opposed to fiat money, which he considers “fake money.” He further finds pullbacks in the market an excellent opportunity to buy hard assets like gold and silver. Kiyosaki considers gold, silver, and Bitcoin a way to survive through a financial collapse. “The problem”, wrote Kiyosaki, “is not BITCOIN. THE PROBLEM is our Monetary System and our criminal bankers. America’s bankrupt. Our debt, including social programs such as Medicare and Social Security, and our $36 trillion debt, is over $230 trillion” . Kiyosaki has been raising concerns about the global economy for some time. He believes that the Federal Reserve is on the verge of collapse. He claims that the reserve has mismanaged funds and has made the situation worse regarding America’s economy, referring to the reserve as “banksters”, and pointing out that banks lost billions only to be bailed out. He believes a banking collapse is imminent, and only certain types of assets will survive a large-scale collapse. Regarding Bitcoin, he believes that in the event of a crisis, the cryptocurrency will bounce back quickly, even if it drops momentarily. He also likes gold and silver, but he prefers silver for its growth potential and discounted price. He provides further reasons why he prefers Bitcoin to fiat currency, namely Gresham’s law that bad money pushes good money into hiding and Metcalfe’s Law that Bitcoin’s network metrics only strengthen over time, leading to further adoption and added value. “Our US Bonds are a joke”. Wrote Kiyosaki, “When countries such as Japan and China stop buying our bonds, inflation will go through the roof, our economy and the US dollar will crash”.
A closely followed crypto analyst says Bitcoin ( BTC ) may have formed a market bottom and is now looking bullish. Crypto trader Rekt Capital tells his 541,100 followers on the social media platform X that Bitcoin is printing a bullish pattern of higher low prices on the daily chart after last week’s severe correction into the high $70,000 range. “Looks like the higher low is in.” Source: Rekt Capital/X He also notes that Bitcoin may be turning bullish without fully closing the CME futures gap in the $70,000 range. A CME gap is the difference between the Friday closing price of Bitcoin futures and the Monday opening price on the Chicago Mercantile Exchange. “Looks like Bitcoin indeed performed another downside deviation in order to form a higher low relative to last week’s low of ~$78,600 – without having to refill that lower partially filled CME Gap, as well.” Source: Rekt Capital/X The analyst says that Bitcoin’s latest severe correction is not unusual when compared to price action in the current bull market cycle as well as previous bull market cycles “Back in mid-December 2024, Bitcoin needed a -25% pullback to reach the top of the CME Gap between $78,000 and $80,700. In other words, it needed to drop a similar amount to the retraces we saw occur around the post-halving period of -25% to -30%. This retrace isn’t just ordinary by standards of previous cycles where -30% retraces were the norm, it is ordinary by standards of this current cycle as well.” Source: Rekt Capital/X He also says that the corrections may be buying opportunities. “Worries about a premature BTC bear market will stifle your participation in a bull market.” According to Rekt Capital, the key level for Bitcoin to break on the weekly chart reignite bullish momentum is $93,500. At time of writing, Bitcoin is trading at $89,906. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Veteran Trader Believes Bitcoin Low Is In, Says Downside Volatility Presenting Bullish Opportunities appeared first on The Daily Hodl .
The digital asset’s volatility is reaching cycle highs across multiple measures, according to data from TradingView and Glassnode.
Ethereum (ETH) developers initially celebrated the successful testing of the highly anticipated Pectra upgrade on the Sepolia testnet on Wednesday. However, just hours later, errors started occurring on the network, casting doubt on the timeline for Pectra’s mainnet launch. Poised to be Ethereum’s most significant update since 2024, the Pectra update aims to improve efficiency, user experience, and its validator system. However, this latest issue marks the second problematic test for Pectra, following a previous setback on Ethereum’s Holesky testnet. As a result, some developers are now advocating a delay in its deployment. Sepolia’s test was initially seen as the final step before launching Pectra on the Ethereum mainnet. While initial results were promising, developers later discovered that the blockchain was adding empty blocks. According to the Ethereum Foundation, the issue was linked to “an issue with Sepolia’s permissioned deposit contract,” which prevented many execution layer clients from including transactions in blocks. The foundation explained that this was a testnet-specific misconfiguration rather than an inherent flaw in Pectra. Developers quickly identified the root cause and implemented a fix to restore Sepolia’s functionality. Related News: Bitcoin's Long-Awaited Bottom Signal May Have Arrived! "The Price Had Previously Increased by 200 Percent!" Despite the solution, concerns remain over whether Pectra has undergone sufficient testing. The Holesky testnet has previously encountered issues due to misconfigured validators, raising doubts about Pectra’s readiness. Christine Kim, VP of Research at Galaxy Digital, suggested that these testnet challenges warranted a delay to Pectra’s mainnet activation. “While developers may feel ready, the broader Ethereum ecosystem, including major smart contract applications and wallet providers, needs to be prepared,” Kim said. Kim also advised developers to “spend time setting up additional test infrastructure” before moving forward. Ethereum core developers are scheduled to meet on March 7 to determine the official launch date for Pectra. *This is not investment advice. Continue Reading: Is Ethereum’s Expected Major Update in Trouble? There May Be a Delay – Here are the Details