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Share link:In this post: Bitcoin’s stuck trying to stay above $65,000, bouncing between resistance and support levels, with no strong buying pressure to break through. Market indicators are giving mixed signals, with some hints at a potential reversal, but overall momentum remains bearish. External factors like the stock market crash, Mt. Gox repayments, and macroeconomics are adding to Bitcoin’s struggle.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for a
Share link:In this post: Ethereum and Layer 2 blockchains have seen a massive 127% increase in daily active addresses, showing a big jump in user engagement. Despite more transactions and lower fees, Ether’s price dropped by 6% in Q2, but it still did better than Bitcoin. Layer 2 solutions are popular for their speed and lower costs.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We str
Share link:In this post: Jersey City plans to invest part of its pension fund in Bitcoin ETFs, following a similar move by Wisconsin’s pension fund. Cities like Los Angeles, Houston, and Nashville are already deep into cryptocurrency, with LA having the most Bitcoin ATMs worldwide. States like Wyoming and Texas are creating friendly environments for crypto businesses, while Miami is embracing the trend with its MiamiCoin.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no
ETH is among the poorest performers on a daily scale amid massive ETF outflows.
- 13:13Analysis: $100,000 Psychological Barrier Prompts BTC Traders to Take Profits, Potential Consolidation Period After Profit Lock-inAccording to a report by Jinse Finance, Bitcoin rose consecutively on Wednesday and Thursday. eToro market analyst Josh Gilbert stated that the market has clearly shifted towards a more risk-preferred tone over the past week, with trade tensions seemingly easing and Trump's indication of willingness to negotiate helping to boost sentiment for risk assets, especially Bitcoin. BTC Markets cryptocurrency analyst Rachael Lucas believes that psychologically significant round numbers like $100,000 often prompt short-term profit-taking, and after traders lock in profits, a consolidation period may follow.
- 13:13Bitcoin Holdings Strategy Currently Has Unrealized Gains Exceeding $19.3 BillionAccording to a report by Jinse Finance, as Bitcoin briefly surpassed $104,000 and is now reported at $103,300, Strategy (formerly MicroStrategy) has an unrealized gain of $19.301 billion on its Bitcoin holdings. As of May 4, 2025, Strategy holds 555,450 Bitcoins, with a total purchase price of approximately $38.08 billion, averaging about $68,550 per Bitcoin.
- 13:13CryptoQuant Analyst: Bull-Bear Market Cycle Indicator Shows Bullish Signal for the First Time in WeeksOdaily Planet Daily News: CryptoQuant analyst Burak Kesmeci stated that since February 24, 2024, CryptoQuant's bull-bear market cycle indicator has consistently signaled a bear market. However, in recent days, the indicator has begun to show signs of a potential trend reversal.With Bitcoin returning above $100,000, the indicator has shown a bullish signal for the first time in weeks. Although this signal is currently still weak (with a coefficient of 0.029), the positive shift itself is a positive sign.More importantly, the bull-bear 30-day moving average (30DMA) has started to trend upwards. If this indicator crosses above the bull-bear 365-day moving average (365DMA), history suggests that Bitcoin may once again experience a parabolic rise.