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Bitcoinist

14259 Articles

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

Bitcoin Shutout: Florida Pulls Plug On Reserve Crypto Bills

Florida is the latest state to cancel plans for investing public money in Bitcoin. Two bills that would have permitted as much as 10% of certain state funds to be collateralized by the cryptocurrency were withdrawn on May 3 when the legislative session concluded. Neither bill was brought to a floor ...
May 7, 2025

XRP Price Could Crash To $1.7757 If It Confirms This Bearish Pattern

Price action in the past 24 hours has seen the XRP price fall towards $2, with the risk of breaking below. This risk comes with XRP experiencing a slow bleed over the past few days that has caused the price to compress into an interesting technical pattern on the 4-hour chart. This decline phase com...
May 7, 2025

Is It Time To Sell Off Dogecoin? Analyst Predicts Bullish Wave To $0.4

Dogecoin is currently trading at $0.169, continuing its pullback after it reached $0.19 in late April. However, price action over the last few days still shows some strength compared to the crash to $0.14 in early April. Despite this bit of hesitation in rally, the meme coin is building a structure ...
May 7, 2025

Bitcoin Short-Term Holders Not Selling Yet: NUPL Suggests Upside Potential

Bitcoin is under pressure as bullish sentiment begins to fade and sellers regain control. After weeks of strength, BTC is now testing the critical $92,000–$93,000 support zone, attempting to confirm this level as a base for continuation. However, if selling pressure continues to rise, a breakdown be...
May 6, 2025

First In The Nation: New Hampshire Establishes Strategic Bitcoin Reserve

In a major development for the broader digital asset adoption in the US, New Hampshire legislators have approved a bill to create the first state-level Bitcoin (BTC) and cryptocurrency reserve in the United States. New Bitcoin Reserve Legislation Governor Kelly Ayotte announced the decision on socia...
May 6, 2025

Bitcoin Price Retracement: Crypto Pundit Says Keep An Eye On This CME Gap

The Bitcoin price experienced a sluggish weekend, retracing toward the $95,000 mark as traders closed out positions and volume dried up. However, a crypto analyst is now eyeing a potential upside move as the Chicago Mercantile Exchange (CME) prepares to reopen, revealing a notable gap that could act...
May 6, 2025

$330B Bitcoin Corporate Surge? Why BTC Bull Token Could Be Poised to Benefit

Bernstein predicts that corporate treasuries could hold $330B worth of Bitcoin by 2029. That prediction indicates an ongoing change of heart from Wall Street — and could prime BTC Bull token to explode in 2025. Larry Fink, CEO of Blackrock, used to be a Bitcoin critic. Now, Blackrock offers $I...
May 6, 2025

Bitcoin Market Health Slips: MVRV Ratio Declines To August Levels, Is A Reset Brewing?

Since Bitcoin lost the key $95,000 price level following a weakened broader crypto market condition, several crucial aspects in its market dynamics have moved into negative territories. The recent weakness in dynamics is particularly evidenced in the Bitcoin MVRV Ratio, raising concerns about the st...
May 6, 2025

Bitcoin Reserve Report Delayed: US Treasury Silent After May 5 Deadline

Two months after US President Donald J. Trump signed an executive order to establish a Strategic Bitcoin Reserve (SBR), the US Treasury Department has missed its most consequential deadline yet, declining to release—or even acknowledge—the mandated evaluation that was due yesterday. The March 6 exec...
May 6, 2025

Worldcoin Collapsing? Two Nations Ban Biometric Crypto Project

The Sam Altman-backed cryptocurrency venture Worldcoin is facing stern legal issues on more than one front. A Kenyan court has ruled that the firm’s business is not legal, a day after Indonesian officials suspended its activities. The one-two regulatory blows have caused Worldcoin’s toke...
May 6, 2025

The Best Meme Coins to Buy as Santiment Analysis Hints at a Market Recovery

Santiment analysis shows that the meme coin market is in full recovery, which means that it may be time to look at the best meme coins to buy in 2025. The assessment came in the form of a more extensive report, pointing at a 10.2% growth for the crypto market as a whole and linking […]
May 6, 2025

Binance Founder CZ Predicts Bitcoin Could Hit $1 Million This Cycle

In an exclusive, two-hour conversation recorded in Abu Dhabi during Token 2049, Changpeng “CZ” Zhao laid out the most unabashedly bullish outlook on Bitcoin that he has voiced since leaving the helm of Binance. Speaking to Farokh Sarmad for Faroq Radio, the exchange founder—fresh from a four-month f...
May 6, 2025

Trump’s Crypto Dinners & New Crypto Democratization Bill Could Rally These Best Altcoins

A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season. Influential crypto insiders are watching two key developments: 1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP mem...
May 6, 2025

Trump’s Crypto Dinners & New Crypto Democratization Bill Could Rally These Best Altcoins

A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season. Influential crypto insiders are watching two key developments: 1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP mem...
May 6, 2025

Ethereum Open Interest Drops To November 2024 Levels, But Price Remains Below $2,000

Ethereum open interest has fluctuated wildly through the last few months as the market had been under the control of sellers. Ethereum especially suffered after crashing from $4,000 to below $2,000 in the space of four months. During this time, the Bitcoin price has remained close to its all-time hi...
May 6, 2025

Ethereum Open Interest Drops To November 2024 Levels, But Price Remains Below $2,000

Ethereum open interest has fluctuated wildly through the last few months as the market had been under the control of sellers. Ethereum especially suffered after crashing from $4,000 to below $2,000 in the space of four months. During this time, the Bitcoin price has remained close to its all-time hi...
May 6, 2025

Breaking Down The New US Crypto Market Structure Bill Draft: 6 Key Insights

In line with US President Donald Trump’s regulatory agenda aimed at fostering innovation and broader adoption of cryptocurrencies in the country, Fox journalist Eleanor Terret has reported that a new market structure discussion draft from the House of Representatives aims to clarify the treatm...
May 6, 2025

Strategy Starts May With $180 Million Bitcoin Purchase—Will Larger Buys Follow?

Michael Saylor’s Strategy has announced a new Bitcoin purchase to start off May. Here’s how the rest of the month could go, based on past pattern. Strategy Has Just Added 1,895 BTC To Its Bitcoin Stack In a new post on X, Strategy chairman and co-founder Michael Saylor has announced the ...
May 6, 2025

Binance Founder Proposes BNB And Bitcoin For Kyrgyzstan’s Strategic Crypto Reserve

Changpeng Zhao (CZ), the co-founder and former CEO of crypto exchange Binance, has taken on a pivotal advisory role in shaping crypto regulations and strategic reserves for various countries. This initiative has gained momentum, especially in the United States under President Donald Trump, and now e...
May 6, 2025

Bitcoin Nears Crucial Golden Cross Signal, But Analyst Warns Of Underlying Weakness – Details

According to a recent X post by noted crypto analyst Titan of Crypto, Bitcoin (BTC) is fast approaching a golden cross formation – a bullish technical indicator that often precedes significant price appreciation. However, other analysts caution that a price correction could be on the horizon f...
May 6, 2025
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