In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers

Joe McCann, a hedge fund founder with over 25 years of experience, has developed a unique approach to investing in meme coins. His Technology Master Fund is ranked third globally in terms of 12-month cumulative returns as of March 2024. McCann’s strategy, known as Meme Street, combines traditional risk mitigation techniques with the volatility of

Key Points: Bitcoin has surged past $98,000, sparking debates on whether $100K is within reach or if a correction is imminent. Market observers highlight surging open interest and increased leverage as potential factors behind the current rally. Analysts caution about the possibility of a leverage-driven pump and note a gap between futures-based open interest and

The Singapore court has sentenced Ho Kai Xin to nearly 10 years in prison for defrauding cryptocurrency exchange Bybit of $5.7 million through payroll manipulation. The 33-year-old was found guilty of 44 charges, including cheating and dealing with criminal proceeds. Ho exploited her position as head of the payroll team at WeChain, a crypto networking

In a development that has reignited speculation within the Bitcoin community, GameStop CEO Ryan Cohen has, for the first time in nearly four years, followed a second account on X. Until now, Cohen exclusively followed the official GameStop handle, but as of today, he has added Bitcoin Magazine to his follow list. This comes on

Analyst Outlook On Chainlink Ali, a renowned crypto analyst, recently shared his perspective on Chainlink’s current position. Highlighting a nearly 40% price drop over the past month in Chainlink’s price, Ali noted a network contraction that may point to reduced activity. He pointed out that LINK’s MVRV ratio—an indicator of profitability for recent traders—currently sits

Solana’s recent price behavior has sparked anxiety in the digital currency market. The once-soaring blockchain has fallen significantly as a result of a widespread slump. Solana native token (SOL) has been down 32% in the last four weeks, trailing Bitcoin’s 10% decline and Ethereum’s 15% dip. As the network suffers with the fallout from a

In a note published on Tuesday, Jurrien Timmer, Director of Global Macro at Fidelity Investments, discusses how a shifting economic landscape could influence markets, central bank policy, and the trajectory of both Bitcoin and gold. With the S&P 500 hitting new highs and the so-called “Trump Trade” reversing course, Timmer offers nuanced insights into fiscal

Best Cryptocurrency with Self-Governance Features Stephan Leithner, the CEO of Deutsche Börse, is advocating for financial reforms in the EU and the establishment of a CBDC (Central Bank Digital Currency) or digital euro. While these initiatives aim to enhance financial efficiency and innovation, some argue that a functional, autonomous, and self-governing crypto ecosystem already exists.

With the current state of declining network activity and bearish signals on the horizon, it remains to be seen whether Bitcoin can break out of its sluggish performance and regain bullish momentum. Traders and investors will need to closely monitor on-chain metrics and technical indicators to gauge the direction of the market in the coming