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This cohort is the main force behind Bitcoin price resistance

Bitcoin BTC$109,589.54 peaked at around $103,500 on Friday, marking an 18% correction from its all-time high of $126,200 reached on October 6. This corresponds to a standard bull market correction, where bitcoin typically retraces by around 20% a trend that has defined the current cycle since it began in 2023. ATH Price Drop (Glassnode) According

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BTC recovers $111,000 and ETH exceeds $4,000 after last week’s sell-off

The crypto market has been dragging itself higher following last week’s sell-off that saw BTC and ETH test important support levels. BTC is now trading around $111,000 while Ether is back above $4,000. There are also strong points in the altcoin market; with LINK up 14% and FLOKI seeing a 27% gain in the last

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Senate Republicans call for own meeting with Crypto CEOs after Democrats’ session

Although the US government remains closed, the Senate is a hive of crypto activity this week, with Republican lawmakers now matching a planned Democratic meeting with industry executives scheduled for Wednesday. After CEOs such as Coinbase’s Brian Armstrong and Chainlink’s Sergey Nazarov meet with up to 10 Democratic senators, according to people familiar with the

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Wall Street Bank Citi (C) Sees Stablecoins Powering Crypto’s Next Phase of Growth

Citi (C) said stablecoins have grown in step with the broader crypto market since the GENIUS Act passed in July, prompting its analysts to raise their 2030 market capitalization outlook to $1.9 trillion last month. Stablecoins remain primarily an on-ramp to crypto and have historically represented 5-10% of total market capitalization, the bank said in

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Crypto Exchange Gemini (GEMI) Launches Solana-Themed Credit Card With Auto-Stake Rewards

Gemini, the crypto exchange backed by the billionaire Winklevoss twins, has launched a Solana-branded edition of its Gemini credit card with auto-stake for SOL rewards. The card gives users a way to show their support for the network while earning income on everyday purchases, the company said in a blog post Monday. Cardholders can earn

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Crypto’s half-finished legislative agenda falters as CEOs hold meeting with Democrats

There is a growing sense that 2025 will be a failure for long-awaited US legislation to establish a fully regulated crypto sector, but negotiations in the Senate can at least regain some momentum, according to the sentiments of those expected to speak with Senate Democrats this week. Crypto executives such as Coinbase CEO Brian Armstrong,

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