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BTC May Fall to $80,000, but is at Levels Predating FTX-Era Extremes

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Bitcoin is exhibiting one of the deepest momentum breaks of the cycle, with several on-chain indicators now printing signals last seen during the industry’s most violent devastations. Glassnode data shows that realized losses have reached levels comparable to the November 2022 capitulation around the collapse of FTX. The rise is almost entirely driven by short-term […]

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Ohio Congressman Introduces Bill to Allow Federal Taxes to Be Paid in Bitcoin

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One of the crypto industry’s longtime Republican allies in Congress has introduced a bill allowing individuals and businesses to pay their taxes in bitcoin. BTC$83,817.89 without triggering capital gains liability and also directing funds to the US Strategic Bitcoin Reserve – providing a new funding mechanism for the federal crypto stockpile that has not yet

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ICP extends slide as heavy volume confirms breakdown below support

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PCI$4.3474 extended its decline over the past 24 hours, trading near $4.369 after a strong break below long-held support at $4.33. This drop follows one of the largest intraday declines in recent sessions, with the price falling from $4.97 to $4.30 in a rapid, technical cascade, according to CoinDesk Research’s technical analysis data model. Activity

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Grayscale’s DOGE and XRP ETFs go live on the NYSE on Monday

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Grayscale’s two new crypto exchange-traded funds (ETFs) will go live on NYSE Arca on Monday, providing U.S. investors with streamlined access to DOGE$0.1408 and XRP for the first time on regulated public markets. The Grayscale Dogecoin Trust ETF (GDOG) and the Grayscale XRP Trust ETF (GXRP) are each structured as spot ETPs that hold their

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HBAR crashes 11.5%, falling below key support levels

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HBAR fell 11.5% on Tuesday as intense institutional selling overwhelmed the market, sending the token from $0.1426 to $0.1281. A massive selling wave of 250.3 million units at 0700 GMT, nearly double the 24-hour average, erased key support at $0.1350 and triggered a cascade of stop-loss triggers. The failure occurred despite the network’s continued development

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Japanese Bitcoin Cash Companies Continue to Beat BTC. Tax policy makes outperforming U.S. peers the easy part

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Earlier this year at Bitcoin Asia in Hong Kong, there was a growing sense of frustration with digital asset treasury (DAT) companies and how they are lagging behind in performance compared to the assets they fill their coffers with. “Just buy an ETF,” is how Matt Cole, CEO of Strive Asset Management, put it during

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