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Bitcoin (CRYPTO: BTC) staged a strong relief rally on Wednesday, but the big question on every investor’s mind remains: Is this the bottom for the world’s leading cryptocurrency?
Bitcoin Bottom Still Not In?
Michael Terpin, CEO of Transform Ventures and author of the book “Bitcoin Supercycle,” told Benzinga the market is “knee-dip” into “Bitcoin Fall” after the bubble popped in early October.
For context, Bitcoin peaked at $126,000 on Oct. 7 but has since crashed more than 42%. The apex cryptocurrency came perilously close to sinking below $60,000 early last month.
“Historically, it takes a full year to reach ‘capitulation,’ the point where all of the short-term…
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Silicon Valley investor Chamath Palihapitiya is signaling a massive shift in the global financial landscape, claiming that the integration of “X Money” will transform the social platform into a dominant financial system.
The End Of Traditional Banking?
The commentary follows a detailed analysis from Teslaconomics, which outlined Elon Musk’s progress in turning X into a “one-stop” financial hub.
Responding to these developments, Palihapitiya noted that the true value lies in the platform’s social graph. “If even 10% of this is true,” Palihapitiya stated, “your identity on X becomes a crucial financial asset.”
He suggests that as X integrates banking features, an…
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If you’re a crypto casino player, you already know what matters most -fast payouts, secure transactions, real bonuses, and a platform that actually understands digital currency users. That’s exactly why so many players are turning to Thunderpick.
In this article, we break down everything you need to know before signing up. From its crypto-friendly payment methods and withdrawal speeds to the latest welcome offers, ongoing promotions, and key features, we cover it all in detail. You’ll also learn how its payout system works, what coins are supported, how secure the transactions are, and whether the bonuses truly offer value for crypto players.
Whether you care most about instant…
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Eric Trump, co-founder of the World Liberty Financial (CRYPTO: WLFI) platform, stepped up his attack on U.S. banking giants on Wednesday, accusing them of “desperately targeting” the cryptocurrency industry.
Banks Protecting Their ‘Low-Rate Monopoly,’ Says Trump
Trump took to X, lashing out at the American Bankers Association and other lobbyists who are spending “millions” to restrict yields on stablecoin balances through the cryptocurrency market structure bill, also referred to as the CLARITY Act.
“Next time you see a big bank dropping billions on a shiny new Midtown Manhattan HQ, you know exactly where that money comes from: the non-existent interest rate they “pay”…
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Leading cryptocurrencies staged a strong relief rally on Wednesday, while the stock market also closed higher even as the Middle East war entered its fifth day.
Crypto Spike Wipes Millions In Shorts
Bitcoin rebounded to $74,000 for the first time in a month, with trading volume surging 52% over the last 24 hours.
Ethereum teased $2,200 fueled by similar buying pressure, while XRP and Solana also rallied.
Nearly $600 million was liquidated from the market in the last 24 hours, according to Coinglass, with $477 million in bearish shorts alone wiped out.
Open interest in Bitcoin futures exploded 11.49% over the last 24 hours. Interestingly, retail derivative traders on Binance bet on an…
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Digital asset infrastructure firm Zero Hash has applied for a national trust bank charter with the Office of the Comptroller of the Currency, seeking approval to expand its role in digital asset custody and settlement services.
The Chicago-based firm, which operates under the brand Zerohash, provides crypto infrastructure for banks, brokerages and fintech platforms.
Clients listed on its website include prediction markets platform Kalshi and asset manager BlackRock.
According to a report from Bloomberg, the proposed national trust bank would provide custody for digital assets, fiat currency and other assets. The entity would also offer custodial staking, transfer agent…
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Bitcoin (CRYPTO: BTC) surged past $73,000 on Tuesday as $320 million in short positions were liquidated across exchanges, according to CoinGlass data.
The squeeze caught late sellers off guard after U.S. and Israeli strikes on Iran killed Supreme Leader Ali Khamenei on Feb. 28 and sent oil spiking.
Arthur Hayes’ Bull Case
Hayes laid out his thesis in a March 1 essay titled “iOS Warfare.”
Every major U.S. military engagement in the Middle East since 1985 was followed by Fed rate cuts or monetary expansion, he argued.
His conclusion: prolonged Iranian nation-building equals more printing, which equals higher BTC.
Polymarket’s ceasefire contract, with $11.1 million in volume, prices a…
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Built on Bitcoin’s ethos and technology, Satlantis is an event organizing platform designed for “real-world maxxing”, a Gen Z term for enjoying the real world with real people.
As AI fills social media, confusing and distorting whatever signal it once had, an exodus to real-world experiences has begun to take place. Some statistics show that social media usage peaked in 2022, a saturation induced by the COVID lockdowns that accelerated digital adoption of everything, only to remove its shine. Being online all the time is now ‘passé’.
Jordi Llonch, Head of Growth at Satlantis, told Bitcoin Magazine in an exclusive interview that the app is “a tool to promote…
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