Day: March 11, 2026

Bitcoin Price Pullback Tests Bulls — Bounce Attempt Incoming?

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Bitcoin price started a recovery wave above the $68,500 zone. BTC is now consolidating and might aim for more gains above $70,500. Bitcoin started a decent recovery wave above the $69,200 zone. The price is trading above $68,500 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $70,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $69,280 and $68,000 levels. Bitcoin Price Fails Near Resistance Bitcoin…

Arthur Hayes Wouldn’t Invest $1 In Bitcoin Right Now

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BitMEX co-founder Arthur Hayes, who has projected Bitcoin to hit $250,000 this year, says he’d rather wait-and-see than invest in Bitcoin at the moment, holding off until the US Federal Reserve loosens its monetary policy. “If I had $1 to invest right now, would I be putting it into Bitcoin? No. I would wait,” Hayes said on the Coin Stories podcast published to YouTube on Tuesday. “The longer this conflict goes on, the higher the likelihood that the Fed has to print money to support the American war machine,” he…

Europe’s inflation victory lap gives risk assets a tailwind

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Two years ago, eurozone inflation was running at 10.6% and central bankers were sweating through their suits. Today, that number sits at 1.7%, unemployment just hit a record low of 6.1%, and ECB President Christine Lagarde is taking what can only be described as a measured victory lap. The improved macro backdrop sent a gentle breeze through risk assets. Bitcoin hovered near $70K, Ethereum traded above $2K, and Solana pushed toward $86. Not exactly fireworks, but in a market where the Fear & Greed Index reads 15 — deep in…

Ripple Seeks Australian Financial License via Acquisition

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Crypto company Ripple said it is set to secure a key financial services license in Australia through the acquisition of an Australian payments firm, adding to an international license grab over the last year. In a statement on Tuesday, Ripple said it will buy BC Payments Australia, a corporate entity tied to the European Banking Circle Group, allowing it access to the company’s Australian Financial Services License (AFSL), which is set to become a requirement for certain crypto companies to provide financial services in the country. The acquisition of BC…

Markets tread water as investors brace for inflation data

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The entire financial market spent Tuesday doing its best impression of a doctor’s waiting room. Everyone sat still, no one made eye contact, and the only real activity was nervous fidgeting over what comes next. US equities barely registered a pulse. The S&P 500 dipped 0.2%, oil prices couldn’t decide whether to surge or collapse, and crypto — somewhat surprisingly — caught a mild bid. Bitcoin edged past $70K, Ethereum held above $2K, and the broader digital asset market drifted higher even as traditional finance stayed frozen in place. What…