Category: Bitcoin News

Bitcoin Price Targets Include a Return to Take $110,000 Liquidity

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Key points: Bitcoin fails to close above $117,200, opening the door to support retests. A giant $4.9 trillion options expiry event adds further friction for Bitcoin bulls on Friday. Order-book liquidity shows bids massing at $110,000 and above, creating a “magnet” for price. Bitcoin (BTC) missed a key daily close into Friday as traders expected short-term BTC price losses. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin adds headwinds after daily close miss Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD narrowly avoided a daily close above $117,200. This had…

Watch NVT Tool for $150,000 BTC Price, Analysis Says

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Key points: Bitcoin enjoys another golden cross, this time from the NVT indicator. Previous crosses have all preceded major periods of BTC price upside. Price targets include new all-time highs within a matter of weeks from now. Bitcoin (BTC) remains in a “healthy uptrend” with new all-time highs expected within weeks. The latest research from onchain analytics platform CryptoQuant says that BTC price action has room for “expansion” at $117,000. Bitcoin awaits gains from new NVT golden cross Bitcoin is still far from overheated, according to a classic leading indicator…

Michigan Crypto Reserve Bill Advances To Second Reading

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Michigan has taken the next step for its strategic crypto reserve bill, which moved to a second reading on Thursday.  The Michigan House Bill 4087, which would allow the state to invest in crypto assets under specific conditions, has moved to a second reading and was referred to the Committee on Government Operations. The legislation amends the Michigan Management and Budget Act to establish guidelines for a strategic crypto reserve, though it does not mention Bitcoin (BTC) specifically.  It comes amid a recent lull in developments around state-level Bitcoin reserves. …

Bank of Canada Eyes Stablecoin Regulation

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Canada’s central bank is calling for the country to establish a stablecoin regulatory framework to modernize the payment system and avoid falling behind other countries that are moving forward with such policies. “Even if you’re on the right track, you’ll get run over if you sit there,” Ron Morrow, the executive director of payments, supervision and oversight at the Bank of Canada, said in a speech Thursday at the Chartered Professional Accountants conference in Ottawa, Canada, a transcript of which was published on the central bank’s website. Morrow called on…

Nubank Plans Stablecoin Integration for Credit Card Transactions

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Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments. The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system.  According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with…

Bitcoin Breaks Through Its VWAP Price in Repeat of May Rebound

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Key points: Bitcoin breaks through its volume-weighted average price (VWAP), echoing the rebound from April’s sub-$75,000 lows. Stocks see fresh all-time highs as markets digest the Fed rate cut. Liquidity suggests that volatility is incoming as BTC price targets $118,000. Bitcoin (BTC) eyed $118,000 at Thursday’s Wall Street open as stocks hit new all-time highs. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin breakout sets the stage for new all-time highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating daily gains above key resistance. The first US trading session after…

Solana Following BNB Toward New Record Highs: SOL Price Analysis

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Key takeaways: Solana is mirroring BNB’s 2024–25 rally, eyeing a breakout above $295. A cup-and-handle pattern sets SOL’s upside target near $540. Solana (SOL) appears to be following a nearly identical chart trajectory to BNB (BNB), suggesting it may be on the verge of its own breakout. SOL price may rise 20% within weeks A side-by-side comparison of SOL and BNB weekly charts shows striking similarities for more than a year, as highlighted by BitBull on Thursday. BNB/USDT and SOL/USDT weekly price chart comparison. Source: TradingView/BitBull Both BNB and Solana…

Rich Dad Poor Dad Author Targets Central Banks For Eroding People’s Wealth

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Rich Dad Poor Dad author Robert Kiyosaki, a strong proponent for Bitcoin, says it is “criminal” that kids are being taught from a young age to work for an inflationary currency while arguing the virtues of Bitcoin.  “Poor people are poor because they have no idea what real money is. And so our academic system, you know, my poor dad, professors, they indoctrinate and they train kids, young people even today to work for fake money.” “Go to school, get a job, work hard, save money, and invest in a…

Vitalik Defends Ethereum Exit Queue Amid Galaxy Digital FUD

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Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days.  His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana, which only requires two days to unstake. He has since deleted the posts.  “Unclear how a network that takes 45 days to return assets can serve as a suitable candidate to power the next era of global capital markets.” Deleted post from Galaxy…

Wormhole Token Soars Following Tokenomics Overhaul, W Reserve Launch

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Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates. According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks. “The goal…