Crypto Needs New Narrative Says Hougan
@BitwiseInvest CIO Matt Hougan says crypto needs a new narrative as North Korean hackers launder $1.5B through memecoins, impacting the asset class’s reputation. #Breaking #Crypto $ETH (-9) ↘
@BitwiseInvest CIO Matt Hougan says crypto needs a new narrative as North Korean hackers launder $1.5B through memecoins, impacting the asset class’s reputation. #Breaking #Crypto $ETH (-9) ↘
South Dakota lawmakers defer HB1202, rejecting Bitcoin ($BTC) as a state asset amid volatility concerns; Montana made a similar decision. #Update #Legal $BTC (-3) ↘
Bitcoin loss holders reach highest since October as $BTC crashes to $87,000, impacting market sentiment significantly. #Breaking #Crypto $BTC (-8) ↘
Montana lawmakers rejected a bill allowing state investment in $BTC as a reserve asset, with 41 Democrats and 18 Republicans opposing it. #Update #Crypto $BTC (-3) ↘
Chris Burniske says the current crypto dip is a typical bull market cycle reset, with $BTC down 20% and $ETH down 50% from all-time highs. #Update #Crypto $BTC (-3) ↘
ARK Invest’s Cathie Wood reports Bitcoin’s market structure is strong, predicting a breakout amid early institutional adoption and regulatory clarity under President Trump. $BTC trading at $92,133. #Update #Crypto $BTC (+3) ↗
Bitcoin’s short-term holder SOPR retests the 1.0 level, indicating potential shifts in market momentum, as $BTC price hovers around $94,500 amid recent declines. #Update #Crypto $BTC (-3) ↘
Crypto analyst Jason Pizzino predicts $BTC could reach $136,000 by early next year, citing a right-translated cycle and potential resistance at $120,000. #Update #Crypto $BTC (+3) ↗
Bitcoin analyst Cheds asserts $BTC’s uptrend remains strong above $90,000 support, despite bearish sentiment; current price is $96,312. #Update #Crypto $BTC (+3) ↗
Michael Saylor urges the U.S. government to acquire 20% of $BTC, citing strategic benefits and economic leadership in cyberspace. #Update #Crypto $BTC (+6) ↗
Bitcoin trades below $100,000 as @JPMorgan analysts note declining institutional interest and futures market weakness, raising concerns of market manipulation. #Update #Crypto $BTC (-6) ↘
Bitcoin’s potential breakdown below $93,000 support could lead to a drop to $73,000 as buying pressure weakens. Currently trading at $96,470. #Update #Crypto $BTC (-6) ↘
Montana House Bill 429, allowing Bitcoin ($BTC) as a state reserve asset, advances to the House floor for a vote. #Update #Crypto $BTC (+3) ↗
Bitcoin strategist DonAlt says $BTC could hit all-time highs if it breaks the $101,000 resistance, despite recent market turbulence. Bitcoin trades at $96,127. #Update #Crypto $BTC (+3) ↗