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Bitcoinist

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Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Cardano Founder Reflects On Betrayal, Plans To Step Back

In a deeply personal thread posted to X on Sunday, Cardano creator Charles Hoskinson said the past weeks’ accusations over the handling of unclaimed initial-coin-offering (ICO) funds had revealed “who [his] friends truly are” and left him determined to curtail his once-ubiquitous social-media presen...
May 19, 2025

Is The XRP Price Over After Crash To $2.3? What The Chart Says

Analyst Master Ananda, in a recent analysis, showed the XRP price movements and what it could mean for the altcoin. This follows the last few days of retracement, when the XRP price has seen a number of days close in the red. But even these red closes have not deterred the bullish momentum. If anyth...
May 19, 2025

New Zealand Man Arrested In $265 Million Crypto Scam

New Zealand authorities have arrested a Wellington-based man in connection with an international hundred-million-dollar cryptocurrency scam operation. The probe into this fraudulent scheme is being led by the US Federal Bureau of Investigation (FBI), resulting in simultaneous arrests of suspects acr...
May 18, 2025

Ark Invest’s Cathie Wood Predicts Bitcoin To Hit $1.5 Million By 2030 — Here’s Why

Cathie Wood, the CEO of asset management firm Ark Invest, has backed Bitcoin (BTC) to achieve a $1.5 million price point by 2030. The American investor and cryptocurrency advocate has based this projection on multiple factors, including rising institutional investment and global recognition of Bitco...
May 18, 2025

US Bitcoin ETFs Record 5th-Straight Week Of Positive Inflows — But Demand Might Be Waning

The US-based Bitcoin ETFs (exchange-traded funds) continued their red-hot streak of positive inflows in the past week. These crypto-based financial products posted over $600 million in net capital influx over the last five trading days, reflecting a sustained optimistic sentiment amongst investors i...
May 18, 2025

$15 Million Crypto Laundering Ring Crushed In Hong Kong’s Latest Financial Sting

Hong Kong police have broken up a money‑laundering ring that moved 15 million through more than 550 accounts and crypto trades. Twelve suspects, aged 20 to 40, were arrested in operations across mainland China and Hong Kong. They now face charges of conspiracy to commit money laundering, Hong Kong C...
May 18, 2025

Bitcoin Price Could Reach $159,000 This Cycle — Crypto Analyst Reveals How

The Bitcoin price struggled to keep up its 2024 momentum in the first quarter of 2025, crumbling under the macroeconomic uncertainty in the United States. While the crypto market looked set to continue its woes in early April, prices are looking to reclaim their cycle highs — thanks to the improving...
May 18, 2025

Move Over Cardano: 3 Explosive New Crypto Picks

Cardano is back in the headlines with fresh price predictions suggesting it could hit $10 by 2031. Ethereum is surging, Bitcoin is aiming for the $120K mark, and suddenly crypto is alive again. Market watchers are calling for an altcoin season revival, and early signs are everywhere. Dogecoin whales...
May 18, 2025

Bitcoin Eyes $120K as BTC Bull Token Presale Heats Up

Bitcoin is back in beast mode. After months of chop and doubt, $BTC has flipped the narrative with a powerful V-shaped recovery that has it trading above $103K. Market sentiment has turned sharply bullish, and it’s not just crypto-native voices shouting ‘to the moon.’ Big money is flowing in. Analys...
May 18, 2025

Bitcoin Shows Relative Weakness Against Stocks – Pause Or Warning Sign?

After a quiet weekend of low volatility, Bitcoin is preparing for a decisive move. Price action has consolidated into a tight range between $100,000 and $105,000—historically a setup that precedes massive breakouts or sharp corrections. Bulls remain in control for now, but the momentum is fragile an...
May 18, 2025

Bitcoin STH Unrealized Profits Reach 21% – Is There Room To Grow?

Bitcoin is trading in a narrow range between $100,000 and $105,000, sparking growing impatience among investors eager for the next major move. After weeks of bullish momentum and a sharp climb from April lows, the market has entered a phase of quiet consolidation. While this kind of sideways price a...
May 18, 2025

Bitcoin Price Currently At A Crossroads — Sub-$100K Or New Cycle High Next?

Bitcoin continues to impress as one of the best performers among the large-cap assets, with its value climbing by nearly 25% in the past month. More outstandingly, the Bitcoin price has managed to stay above the six-figure valuation threshold despite the slow market conditions over the past week. Af...
May 18, 2025

Bitcoin’s Setup Deepens — This Formation Could Shake Out The Crowd

Bitcoin’s recent price action may be more strategic than it appears. As the broader market watches with uncertainty, a classic inverse head and shoulders pattern seems to be forming, with BTC potentially building out the right shoulder. This formation, if completed, could act as a launchpad for the ...
May 18, 2025

Dogecoin Price Rejection From $0.24-$0.25 Supply Zone Shows Bears Are Taking Over

After a strong showing earlier this month that lifted Dogecoin back above $0.20 for the first time in weeks, the meme coin is now flashing early signs of weakness. As of today, Dogecoin is looking like it might break below the $0.2 price level again, having slipped 15% from its recent local high of ...
May 18, 2025

Ethereum’s Price Explodes 97%, Hits $2,743 – Here’s The Next Target

Since April 7, ETH has staged an impressive rally, climbing nearly 97% from $1,388 to $2,743. This powerful upward move has caught attention, signaling renewed bullish momentum across the broader crypto market. With key resistance levels approaching, ETH is likely to maintain its strength and push t...
May 18, 2025

Dogecoin Moves Into Demand Zone After 10% Fallout – Is A Bounce Coming?

According to a new technical analysis by DD Trading On X (former Twitter), Dogecoin (DOGE) has just moved into a key demand zone after experiencing a steep 10% drop from former highs. The analyst suggests that the meme coin is poised for a short-term recovery to new levels if the daily price low hol...
May 18, 2025

Ethereum Looks Primed To Outperform Bitcoin In Coming Months — Altseason Incoming?

The price of Ethereum (ETH) continued to impress over the past week, briefly touching the $2,700 level (for the first time in nearly three months) on Tuesday, May 13. While the altcoin has somewhat slowed down at the start of this weekend, the market confidence continues to tilt toward the continued...
May 17, 2025

Bitcoin Pricing Bands Hint At Potential $117,000 Target – Details

Prominent crypto analyst Ali Martinez has identified the immediate important Bitcoin (BTC) price levels using the MVRV extreme deviation pricing bands model. Notably, the premier cryptocurrency has remained in consolidation between $101,000 – $104,000 for most of the week despite news of a 90-...
May 17, 2025

States Go Crypto: $632 Million In Strategy Stock Held Across 14 US Funds

Retirement managers in 14 US states have quietly added 632 million in Strategy stock to their portfolios. That bet comes as a way to tap into Bitcoin’s gains without buying the coin itself. It’s a move that has gathered steam over just one quarter. Related Reading: Bitcoin Bandits Busted: DOJ Charge...
May 17, 2025

Analyst Identifies $90,000 As Bitcoin’s Pivotal Support – Details

Veteran market analyst with X handle Daan Crypto has shared an intriguing insight on the present Bitcoin market structure. In a recent post on May 16, Daan Crypto provided some technical pointers for BTC investors while highlighting the potential fundamental developments that could influence the pri...
May 17, 2025
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