Bitcoin price forecast: After gaining 2.7% over the past two days, Wednesday’s Bitcoin price is steadying at $97,000. As US and Chinese officials get ready to start high-level negotiations meant to lower tensions in their continuous trade conflict, optimism is returning to the crypto market. Still, care is urged since the forthcoming US Federal Reserve interest rate decision can cause further volatility in risk markets like Bitcoin. Bitcoin recovers as Trade Tensions Between China calm down Two of the biggest economies in the world, the United States and China, will start diplomatic talks this week in Switzerland, according to a…
Author: Ali Malik
On May 6, 2025, the crypto market slightly corrected, with Bitcoin Ethereum price drop(ETH) falling about 2% and falling below the crucial $1,800 level. Under pressure, Bitcoin (BTC) also dropped momentarily below $94,000, therefore testing a vital support zone. Notwithstanding early-week uncertainty, a combination of institutional interest and macroeconomic events—including the forthcoming U.S. Federal Reserve rate decision—keeps shaping market mood. Traders are closely monitoring indicators of a reversal or more thorough consolidation. BTC Nears $100K Hype, ETH Lags Bitcoin’s current price is $93,869; over 24 hours, the price dropped 0.17%. Still, BTC dominates with 64.85%, the most since February 2021,…
Riot Platforms Bitcoin sale Selling millions of Bitcoin as financial pressure builds and post-halving issues affect its operations, Riot Platforms has taken an unexpected step. The company’s choice to sell off its April output points to a strategic turnaround with wider consequences for the crypto mining industry. Riot Dumps April 475 BTC Changing from its long-standing HODL strategy, Riot Platforms sold 475 BTC in April—the most notable monthly sale since January 2024. This covers an extra 12 BTC from current reserves and all 463 BTC mined in April. The sales brought in $38.8 million in profits at an average price…
Bitcoin price surge: Notable tweeting from @doctortraderr highlighted insights from $BTC guru @ProfitCircle_ on May 5, 2025, at roughly 10:30 AM UTC, drawing much attention in the bitcoin trading community. Based on CoinGecko statistics at 11:00 AM UTC on the same day, the tweet claims that Bitcoin ($BTC) showed a notable price change, rising by 3.2% from $62,500 to $64,500. This price movement matched rising purchasing demand on big exchanges like Binance and Coinbase. Rising by 18% from the previous 24-hour average, the trading volume for the BTC/USDT pair peaked at $2.1 billion by midday UTC (source: Binance exchange data).…
As Litecoin (LTC) remained consistent at near $86 throughout the Asian trading session on Monday, the market for cryptocurrencies shows indications of consolidation. This little increase indicates a tiny comeback even while the larger market pauses after the April surge. Still, investor mood toward LTC is favourable, particularly in light of recent events involving the Litecoin Exchange Traded Fund (ETF) proposal. Renowned Bloomberg analyst James Seyffart feels that Canary Capital’s spot Litecoin ETF proposal has a better chance of being approved than many other crypto-related ETF proposals. Many traders and investors have been driven by this hope to monitor LTC…
Blockchain Group Bitcoin treasury strategy, With its audacious aim to buy 260,000 Bitcoin worth around $24 billion by 2033, Europe’s first Bitcoin treasury company, The Blockchain Group, is generating headlines. This strategic vision marks a turning point for institutional crypto adoption in Europe and sends encouraging signals to worldwide digital asset markets. The Blockchain Group became the first European corporation in November 2024 to center Bitcoin heavily in its treasury approach. The company sees Bitcoin as a basic financial reserve rather than a volatile asset for short-term trade, much like gold in conventional finance. This action showed a change in how European institutions…
Bitcoin price resistance: Once more, Bitcoin has made notable progress, and its price is presently trading over the $95,000 zone. Supported strongly above $94,500, BTC has acquired momentum and may shortly aim for a breakout above the crucial $97,500 resistance level. Bitcoin’s Current Support and Upward Movement With regular price trading above $95,000, Bitcoin is still well-supported above the $94,500 level. The 100-hour Simple Moving Average (SMA) strengthens this increasing tendency even more. On the hourly chart of the BTC/USD pair, a positive trend line is also developing and providing more support close to $96,350 (data feed from Kraken). If…
Dubai is designing the circumstances for Web3 to flourish, not only adopting it. The Emirate is becoming one of the most advanced governments worldwide in digital assets. They tokenised finance by combining regulatory clarity with forward-looking public-private partnerships and a tireless push for digital innovation. Dubai Leads in Digital Finance Dubai promotes a vibrant digital economy, emphasising economic sustainability, financial stability, investor protection, and cross-border. When Trade is through, it exhibits a pro-enterprise attitude, innovative policies driven by ideas, and a strong government. Web3 pioneers and institutional players both continue to be drawn to the city by its emphasis on…
Bitcoin Holds Steady Amid, On Wednesday, the Bitcoin market demonstrated remarkable tenacity, maintaining a tight trading range in the face of broader economic uncertainty. With a slight 0.4% drop over the past 24 hours, Bitcoin (BTC) hovered around $94,700. BTC saw an almost 2% drop earlier in the session, matching early drops in American stock markets. Altcoins had clearer volatility. With notable cryptocurrencies including Litecoin (LTC), Ripple (XRP), Avalanche (AVAX), and Chainlink (LINK), the CoinDesk 20 index declined 2% during the same period. Crypto Equities Reflect Market Hesitation Equity tied to cryptocurrencies reflected the wary attitude. Underperforming its rivals, Hut…
According to a ground-breaking new study from the Cambridge Centre for Alternative Finance (CCAF), sustainable energy sources now run most of the worldwide Bitcoin mining operations. Data from the Cambridge Bitcoin Electricity Consumption Index (CBECI) shows. That low-carbon or renewable energy now sustains 52.6% of Bitcoin mining. For the sector, which has long been associated with significant energy use and environmental concerns, this represents a fundamental shift. This study offers hope that Bitcoin may evolve into a greener and more responsible digital asset as debates over its ecological impact continue. Energy Debate in Bitcoin Mining Due to its substantial power…