Category: Cryptocurrency news

Bitcoin naysayers say Strategy is taking part in ‘financial gibberish’

Michael Saylor’s crypto-centric company, Strategy, is projected to report an unrealized gain of approximately $14 billion for the second quarter of 2025, credit given almost entirely to a 30% surge in Bitcoin prices. Much different from corporations like Amazon and JPMorgan Chase, which generate billions through traditional operations, Strategy’s anticipated earnings result primarily from digital […]

Criptan partners with OpenTrade to enhance EURC and USDC yield offerings

Criptan partners with OpenTrade to enhance EURC and USDC yield offerings Diana Paluteder Cryptocurrency Jul 1, 2025 Share Criptan, a leading Spanish fintech platform specializing in digital asset access, has announced a strategic partnership with OpenTrade to power its enhanced Earn product suite, as per the information shared with Finbold on July 1.  The collaboration […]

Crypto Financial Services Company Matrixport Draws Attention to Bitcoin’s July Performance! Pointed to This Price! Here Are the Details

While Bitcoin (BTC) usually trades sideways during the summer months, July has historically been a month of positive performance, according to the latest chart analysis published by crypto financial services company Matrixport. Matrixport: July Is a Historically Strong Month for Bitcoin The analysis revealed that in seven of the last 10 years, Bitcoin closed July […]

Dollar Index Suffers Worst Crash Since 1991; Bitcoin’s ‘Stochastic’ Points to Possible Drop Below $100K: Technical Analysis

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The dollar index (DXY), which tracks the greenback’s value against major fiat currencies, looks south, having taken a beating in the first half. Still, bitcoin’s BTC$106,500.49 chart points to immediate downside risks. The DXY fell over 10% in the first […]

BTC’s 200-Week Average Rises To $50K To Suggest Long-Term Market Strength

The 200-Week Simple Moving Average (200WMA) for bitcoin BTC$106,561.73 is approaching $50,000, currently sitting at approximately $49,223, according to Glassnode data. This is one of the very few indicators in bitcoin that has only risen over time. The 200WMA has historically provided significant support levels. During the 2015 bear market, it offered support around $200. […]

Why Did Bitcoin’s Rise Stop? Is There a Possibility of a New Rally for BTC? Bitfinex Analysts Explained!

As the leading cryptocurrency Bitcoin (BTC) continues its sideways trend, investors are eagerly waiting for a major rally to come. However, Bitfinex analysts said the Bitcoin rally was losing momentum as profit-taking increased and volume decreased. Uptrend Momentum Weakening! Bitcoin’s nearly three-month rally appears to be losing momentum as buying pressure weakens and profit-taking intensifies, […]