Author: dfmines

Bitcoin’s historic bull cycle remains intact despite widespread investor concerns over the current downturn, which analysts suggest may be just a temporary “shakeout” before the next upward move in the market.Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.BTC/USD, 1-year chart. Source: Cointelegraph“Despite this, Bitcoin’s 4-year cycle remains an important factor, historically shaping price movements,” said the analysts, adding:“Corrections within bull cycles are normal, and past trends suggest that this may be a shakeout rather than the start of a prolonged bear market.”However, the launch of the US spot Bitcoin exchange-traded funds (ETFs), which temporarily surpassed $125 billion in cumulative holdings, along with the growing institutional crypto investments, make it “clear that the conventional cycle ceases to exist,” the analysts added.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCIn an optimistic sign for price action, Bitcoin staged a daily close above $84,000 on March 15, for the first time in over a week since March 8, TradingView data shows.BTC/USD, 1-day chart. Source: TradingView However, due to Bitcoin’s correlation with traditional financial markets, BTC may only find a bottom along with equity markets, particularly the S&P 500, said Bitfinex analysts, adding:“While $72,000–$73,000 remains a key support range, the broader market narrative, especially global treasury yields and equity trends, will dictate Bitcoin’s next major move.”“Trade wars have already been priced in, to some extent, but prolonged economic strain could weigh on sentiment,” the analysts added.Related: Rising $219B stablecoin supply signals mid-bull cycle, not market topBitcoin halving and four-year cycle still crucial for price action: Nexo analystDespite fears over a disrupted Bitcoin bull market, the four-year cycle, along with the Bitcoin halving event, remain crucial for Bitcoin’s price action, according to Iliya Kalchev, dispatch analyst at Nexo digital asset investment platform.“Bitcoin’s four-year compound annual growth rate (CAGR) has declined to a record low of 8%, posing questions about whether its traditional four-year cycle remains valid,” Kalchev told Cointelegraph, adding:“Although strong institutional adoption over the past year has served as a significant tailwind for Bitcoin, its halving events are still expected to exert long-term influence.”The 2024 Bitcoin halving reduced the Bitcoin network’s block reward to 3.125 BTC per block.BTC/USD, 1-day chart since 2024 halving. Source: TradingView Bitcoin price is up over 31% since the last halving occurred on April 20, 2024, which was coined the “most bullish” setup for Bitcoin price, partly because of the growing institutional interest in the world’s first cryptocurrency.Magazine: SEC’s U-turn on crypto leaves key questions unanswered

Bitcoin’s historic bull cycle remains intact despite widespread investor concerns over the current downturn, which analysts suggest may be just a temporary “shakeout” before the next upward move in the market.Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.BTC/USD, 1-year chart. Source: Cointelegraph“Despite this, Bitcoin’s 4-year cycle remains an important factor, historically shaping price movements,” said the analysts, adding:“Corrections within bull cycles are normal, and past trends suggest that this may be a shakeout rather than the start of a prolonged bear market.”However, the launch of the US spot Bitcoin exchange-traded funds (ETFs), which temporarily surpassed $125 billion in cumulative holdings, along with the growing institutional crypto investments, make it “clear that the conventional cycle ceases to exist,” the analysts added.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCIn an optimistic sign for price action, Bitcoin staged a daily close above $84,000 on March 15, for the first time in over a week since March 8, TradingView data shows.BTC/USD, 1-day chart. Source: TradingView However, due to Bitcoin’s correlation with traditional financial markets, BTC may only find a bottom along with equity markets, particularly the S&P 500, said Bitfinex analysts, adding:“While $72,000–$73,000 remains a key support range, the broader market narrative, especially global treasury yields and equity trends, will dictate Bitcoin’s next major move.”“Trade wars have already been priced in, to some extent, but prolonged economic strain could weigh on sentiment,” the analysts added.Related: Rising $219B stablecoin supply signals mid-bull cycle, not market topBitcoin halving and four-year cycle still crucial for price action: Nexo analystDespite fears over a disrupted Bitcoin bull market, the four-year cycle, along with the Bitcoin halving event, remain crucial for Bitcoin’s price action, according to Iliya Kalchev, dispatch analyst at Nexo digital asset investment platform.“Bitcoin’s four-year compound annual growth rate (CAGR) has declined to a record low of 8%, posing questions about whether its traditional four-year cycle remains valid,” Kalchev told Cointelegraph, adding:“Although strong institutional adoption over the past year has served as a significant tailwind for Bitcoin, its halving events are still expected to exert long-term influence.”The 2024 Bitcoin halving reduced the Bitcoin network’s block reward to 3.125 BTC per block.BTC/USD, 1-day chart since 2024 halving. Source: TradingView Bitcoin price is up over 31% since the last halving occurred on April 20, 2024, which was coined the “most bullish” setup for Bitcoin price, partly because of the growing institutional interest in the world’s first cryptocurrency.Magazine: SEC’s U-turn on crypto leaves key questions unanswered

Bitcoin’s historic bull cycle remains intact despite widespread investor concerns over the current downturn, which analysts suggest may be just a temporary “shakeout” before the next upward move in the market.Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.BTC/USD, 1-year chart. Source: Cointelegraph“Despite this, Bitcoin’s 4-year cycle remains an important factor, historically shaping price movements,” said the analysts, adding:“Corrections within bull cycles are normal, and past trends suggest that this may be a shakeout rather than the start of a prolonged bear market.”However, the launch of the US spot Bitcoin exchange-traded funds (ETFs), which temporarily surpassed $125 billion in cumulative holdings, along with the growing institutional crypto investments, make it “clear that the conventional cycle ceases to exist,” the analysts added.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCIn an optimistic sign for price action, Bitcoin staged a daily close above $84,000 on March 15, for the first time in over a week since March 8, TradingView data shows.BTC/USD, 1-day chart. Source: TradingView However, due to Bitcoin’s correlation with traditional financial markets, BTC may only find a bottom along with equity markets, particularly the S&P 500, said Bitfinex analysts, adding:“While $72,000–$73,000 remains a key support range, the broader market narrative, especially global treasury yields and equity trends, will dictate Bitcoin’s next major move.”“Trade wars have already been priced in, to some extent, but prolonged economic strain could weigh on sentiment,” the analysts added.Related: Rising $219B stablecoin supply signals mid-bull cycle, not market topBitcoin halving and four-year cycle still crucial for price action: Nexo analystDespite fears over a disrupted Bitcoin bull market, the four-year cycle, along with the Bitcoin halving event, remain crucial for Bitcoin’s price action, according to Iliya Kalchev, dispatch analyst at Nexo digital asset investment platform.“Bitcoin’s four-year compound annual growth rate (CAGR) has declined to a record low of 8%, posing questions about whether its traditional four-year cycle remains valid,” Kalchev told Cointelegraph, adding:“Although strong institutional adoption over the past year has served as a significant tailwind for Bitcoin, its halving events are still expected to exert long-term influence.”The 2024 Bitcoin halving reduced the Bitcoin network’s block reward to 3.125 BTC per block.BTC/USD, 1-day chart since 2024 halving. Source: TradingView Bitcoin price is up over 31% since the last halving occurred on April 20, 2024, which was coined the “most bullish” setup for Bitcoin price, partly because of the growing institutional interest in the world’s first cryptocurrency.Magazine: SEC’s U-turn on crypto leaves key questions unanswered

Bitcoin’s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts.Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.BTC/USD, 1-year chart. Source: Cointelegraph“Despite this, Bitcoin’s 4-year cycle remains an important factor, historically shaping price movements,” said the analysts, adding:“Corrections within bull cycles are normal, and past trends suggest that this may be a shakeout rather than the start of a prolonged bear market.”However, the launch of the US spot Bitcoin exchange-traded funds (ETFs), which temporarily surpassed $125 billion in cumulative holdings, along with the growing institutional crypto investments make it “clear that the conventional cycle ceases to exist,” the analysts added.Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMCIn an optimistic sign for price action, Bitcoin staged a daily close above $84,000 on March 15, for the first time in over a week since March 8, TradingView data shows.BTC/USD, 1-day chart. Source: TradingView However, due to Bitcoin’s correlation with traditional financial markets, BTC may only find a bottom along with equity markets, particularly the S&P 500, said Bitfinex analysts, adding:“While $72,000–$73,000 remains a key support range, the broader market narrative, especially global treasury yields and equity trends, will dictate Bitcoin’s next major move.”“Trade wars have already been priced in, to some extent, but prolonged economic strain could weigh on sentiment,” the analysts added.Related: Rising $219B stablecoin supply signals mid-bull cycle, not market topBitcoin halving and four-year cycle still crucial for price action: Nexo analystDespite fears over a disrupted Bitcoin bull market, the four-year cycle, along with the Bitcoin halving event, remain crucial for Bitcoin’s price action, according to Iliya Kalchev, dispatch analyst at Nexo digital asset investment platform.“Bitcoin’s four-year compound annual growth rate (CAGR) has declined to a record low of 8%, posing questions about whether its traditional four-year cycle remains valid,” Kalchev told Cointelegraph, adding:“Although strong institutional adoption over the past year has served as a significant tailwind for Bitcoin, its halving events are still expected to exert long-term influence.”The 2024 Bitcoin halving reduced the Bitcoin network’s block reward to 3.125 BTC per block.BTC/USD, 1-day chart since 2024 halving. Source: TradingView Bitcoin price is up over 31% since the last halving occurred on April 20, 2024, which was coined the “most bullish” setup for Bitcoin price, partly because of the growing institutional interest in the world’s first cryptocurrency.Magazine: SEC’s U-turn on crypto leaves key questions unanswered

After dropping to less than $2 last March 11th, Ripple’s XRP springs back to life and it’s currently trading between $2.30 and $2.40. And with the US Securities and Exchange Commission vs Ripple case nearing its resolution, the market can expect more price volatility for this digital asset. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? Within this context, market analyst Ali Martinez boldly claims that Ripple’s native coin still have the legs to hit a two-digit figure this cycle, using an extensive symmetrical triangle formation as a solid basis.  Martinez’s view runs opposite the bearish statements from other commentators. XRP has been on a slide lately, affected by the broader crypto fall, dipping by around 25% from its $3.40 high achieved mid-January. XRP Gradually Builds Its Symmetrical Triangle Like most cryptos, XRP continues to have a highly volatile market performance. The token attempted a recovery early this month but met resistance, leading to a steep decline on March 11th. Interestingly, a few commentators remain bullish on the altcoin, including Martinez, who sees the token on track to reach $15. This is why $XRP can still reach $15! pic.twitter.com/vkIiR0rnpU — Ali (@ali_charts) March 14, 2025 In his latest commentary, shared via a Twitter/X posting, Martinez highlighted the seven-year symmetrical triangle formed by this asset, which dates back to January 2018, when it dropped from its $3.80 high. Even before Martinez shared this observation, several commentators reported the triangle’s formation, suggesting that a breakout could lead to a price run. The Ascending Trendline According to Martinez, XRP formed its lower highs in January 2018, extending the descending trendline on top. As the crypto witnessed higher lows during this time frame, it extended its ascending trendline below, creating a symmetrical triangle. Interestingly, XRP exited the symmetrical triangle structure following the November US elections. Ripple’s native token surged by 280% for the month, marking the biggest 30-day increase for the asset in seven years. Along with surprising traders, this breakout inspired fresh hope among XRP enthusiasts. While some experts noted that past breakouts do not automatically ensure continuous rallies, many saw this spike as evidence of possible long-term strength. Still, the dramatic price fluctuation sparked conversations on XRP’s future, particularly in light of further government changes and more general market movements. Ripple’s XRP is currently trading at $2.37, which is 2% up in the last seven days.  Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? XRP Currently Retesting A Breakout After two months of upside, Ripple’s XRP is on a downturn, reflecting the broader crypto market sentiment. According to Martinez, XRP’s price is currently retesting the triangle chart breakout. He also suggested that even if XRP slips below $2, it’s still on track for a breakout, as long as it stays above $1. Armed with the charts, Martinez believes that XRP hitting $15 is not a far-out idea.  Featured image from StormGain, chart from TradingView

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“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives in Paraguay, a country that offers ample hydroelectric energy for the company’s operations. Hive Digital Hypes 400% Expansion in Paraguay Hive Digital, one of the largest public bitcoin miners in the world, has announced big […]

Key Takeaways: Binance Alpha has launched its “Mubarak” memecoin via Four Meme on the BNB Chain. The launch highlights Binance’s ongoing intent to incorporate community-driven side projects and foster a stronger connection with meme culture. Data from early trading indicates high volatility in price and the potential for risky but large profits. The “Mubarak” memecoin…
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Today in crypto, angel investor Jason Calacanis stirred controversy in the Bitcoin community, Telegram founder Pavel Durov left France and relocated to Dubai following approval from a French court. David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before working for the White House.Uber angel investor stirs Bitcoin debate with ‘build a better Bitcoin’ remarkA technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.“Bitcoin has been a wonderful game, but with a couple of giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.Founders and executives of Bitcoin-related companies were quick to push back, arguing that Bitcoin will not be replaced, though there’s still room for a dominant layer-2 protocol to emerge on top of the Bitcoin network.Swan Bitcoin co-founder Brady Swenson said, “Winning protocols don’t get replaced; they are built upon.”Telegram founder Pavel Durov given permission to leave FrancePavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court. On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition agreements with many nations — according to a Barron’s report citing unknown sources.Citing unnamed sources, AFP reported that “He (Durov) departed France this morning,” adding that he left with the authorities’ approval. Another source stated that he had been granted permission to leave France for “several weeks.”Sacks and his VC firm sold over $200M in crypto and stocks before WH roleDavid Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.The memorandum said “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded in 2017 — including holdings in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), before US President Donald Trump’s inauguration on Jan. 20.

Today in crypto, angel investor Jason Calacanis stirred controversy in the Bitcoin community, Telegram founder Pavel Durov left France and relocated to Dubai following approval from a French court. David Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before working for the White House.Uber angel investor stirs Bitcoin debate with ‘build a better Bitcoin’ remarkA technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.“Bitcoin has been a wonderful game, but with a couple of giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 14.Founders and executives of Bitcoin-related companies were quick to push back, arguing that Bitcoin will not be replaced, though there’s still room for a dominant layer-2 protocol to emerge on top of the Bitcoin network.Swan Bitcoin co-founder Brady Swenson said, “Winning protocols don’t get replaced; they are built upon.”Telegram founder Pavel Durov given permission to leave FrancePavel Durov, founder of the popular messaging app Telegram, has left France and relocated to Dubai following approval from a French court. On March 13, Durov reportedly received permission from the French court to depart the country, allowing him to travel to Dubai — a city known for its business-friendly environment and lack of extradition agreements with many nations — according to a Barron’s report citing unknown sources.Citing unnamed sources, AFP reported that “He (Durov) departed France this morning,” adding that he left with the authorities’ approval. Another source stated that he had been granted permission to leave France for “several weeks.”Sacks and his VC firm sold over $200M in crypto and stocks before WH roleDavid Sacks and his venture capital firm sold over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, a White House memorandum disclosed.“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” said the memorandum dated March 5.The memorandum said “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry.Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures’ portfolio — the investment firm he co-founded in 2017 — including holdings in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), before US President Donald Trump’s inauguration on Jan. 20.