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Month: May 2025

Bitcoin Latest News

Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst

May 6, 2025 - by - Leave a Comment

Singapore-based developer of bitcoin mining ASIC chips and rigs Canaan (CAN) has had a rough run, but could be a five-bagger, suggests Benchmark analyst Mark Palmer. Palmer on Tuesday initiated …

Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst Read More
Bitcoin Latest News

UK Treasury Secretary Says No To National Bitcoin Reserve

May 6, 2025 - by Vivek Sen - Leave a Comment

Bitcoin Magazine UK Treasury Secretary Says No To National Bitcoin Reserve Speaking at the Financial Times Digital Asset Summit in London on Tuesday, Emma Reynolds, Economic Secretary to the Treasury, …

UK Treasury Secretary Says No To National Bitcoin Reserve Read More
Bitcoin Latest News

Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell’s Comments

May 6, 2025 - by - Leave a Comment

Bitcoin (BTC) options market flows signal moderate risk aversion ahead of Federal Reserve (Fed) Chair Jerome Powell’s expected remarks on a potential June rate cut Wednesday. “While the Federal Reserve …

Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell’s Comments Read More
Bitcoin Latest News

Is This The Spark? New Bitcoin Metric Points To Bullish Shift

May 6, 2025 - by - Leave a Comment

Bitcoin dipped marginally after reaching a new peak above $97,000 on May 2. It retreated to just below $94,000, a 3% to 4% decline from its recent high. Although short-term …

Is This The Spark? New Bitcoin Metric Points To Bullish Shift Read More
Bitcoin Latest News

Crypto Daybook Americas: Bitcoin Threatened by Regulation Hiccup, Weakening Demand

May 6, 2025 - by - Leave a Comment

By Omkar Godbole (All times ET unless indicated otherwise) As bitcoin (BTC) and the wider crypto market await the Fed’s rate decision on Wednesday, an anomaly has emerged that could …

Crypto Daybook Americas: Bitcoin Threatened by Regulation Hiccup, Weakening Demand Read More
Bitcoin Latest News

Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year

May 6, 2025 - by - Leave a Comment

As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, …

Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year Read More
Bitcoin Latest News

Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration

May 6, 2025 - by - Leave a Comment

Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve. House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from …

Florida Withdraws Strategic Bitcoin Reserve Bills From Consideration Read More
Bitcoin Latest News

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle

May 6, 2025 - by - Leave a Comment

The recent bitcoin (BTC) price rally above $90,000 might have some holders eyeing a run to a new record topping the $109,000 hit in January. However, the path higher may …

Watch Out Bitcoin Bulls, $99.9K Price May Test Your Mettle Read More
Bitcoin Latest News

Bitcoin Developers Plan OP_RETURN Removal in Next Release

May 6, 2025 - by - Leave a Comment

The debate over Bitcoin’s OP_RETURN heats up, as developers of Bitcoin Core – the most popular node software – said they plan to scrap OP_RETURN entirely in the next release. …

Bitcoin Developers Plan OP_RETURN Removal in Next Release Read More
Bitcoin Latest News

Cardano’s ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting

May 6, 2025 - by - Leave a Comment

Cardano’s ADA and XRP led losses among majors on Tuesday as traders await the outcome of the upcoming Federal Reserve (FOMC) meeting, where rates are expected to stay unchanged but …

Cardano’s ADA, XRP Slide as Bitcoin Traders Await ‘Coin-Flip’ FOMC Meeting Read More

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