Bitcoin can no longer be compared to the “Tulip Bubble” due to its endurance and resilience over the years, according to Eric Balchunas, Bloomberg’s exchange-traded fund expert. “I personally would not compare Bitcoin to tulips, no matter how bad the sell-off,” said the senior ETF analyst on Sunday. Balchunas pointed out that the tulip market…
BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum’s price fall. BitMine acquired $199 million worth of Ether (ETH) during the past two days, through a $68 million ETH acquisition on Saturday and another $130.7 million buy on Friday, according to blockchain data…
A technical indicator called liveliness is rising, which historically signals bull run activity and could mean that this market cycle is not over yet, say analysts. “Liveliness continues to march higher this cycle despite lower prices, indicating a floor of demand for spot Bitcoin that is not reflected in price action,” said technical analyst “TXMC”…
The euro stablecoin market has rebounded in the year since the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) came into force, with market capitalization doubling after regulations governing the tokens rolled out in June 2024, according to a new report. The “Euro Stablecoin Trends Report 2025” from London-based payments processing company Decta points a…
Congressional panels have advanced nominations for regulators who will deal with crypto, but the full Senate hasn’t confirmed them yet. We’re also running out of time for market structure. PS: I’ll be in Washington, D.C. for the Blockchain Association’s annual summit. I’d love to say hi if you’re there. You’re reading State of Crypto, a…
For the past few years, stablecoins have been defined by a narrow reality: essentially a two-horse race between Tether’s USDT and Circle’s (CRCL) USDC, with most activity concentrated on crypto-native exchanges. What comes next looks materially different, Alchemy co-founder and President Joe Lau told CoinDesk in an interview. The near-term trajectory for stablecoins has lots…
Over a long enough time frame, every long term valuation model for bitcoin has eventually been broken, yet the one that has maintained the strongest narrative this cycle has been the power law model. Historically, in previous cycles, bitcoin has tended to overshoot this model during bull markets and fall below it during bear markets,…
In a perfect world, the internet works like tap water: you turn it on, and it flows. Seamlessly. Nobody really wants to think about a ‘better connection spot,’ SIM cards, or the nearest cell towers. Users just want a fast, stable connection wherever they are. The good thing is they’re quietly getting it without even…
Major French banking group BPCE is set to start offering crypto trading services to retail customers through its Banque Populaire and Caisse d’Épargne apps starting Monday. Customers of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, will be able to buy and sell bitcoin BTC$89,764.95, ether ETH$3,048.87, solana SOL$133.02, and USDC…
Two long-dormant bitcoin wallets tied to physical Casascius coins moved a total of 2,000 BTC, worth roughly $180 million after more than a decade of inactivity. The coins had been untouched since 2011 and 2012, when bitcoin was trading for less than $15 versus today’s price just shy of $90,000. The movement was confirmed by…
