Can Bitcoin Hit $102,000? A Technical Look

Bitcoin’s price has been on a rollercoaster lately. It zoomed from around $85,000 to almost $98,000 in just two weeks! But will this upward trend continue? That’s the big question. A Technical Analyst’s Take One expert, using the Elliott Wave Theory, suggests Bitcoin has peaked near $97,000. This theory predicts price movements in repeating patterns:…

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Binance Lists New Altcoin, Sending its Price Soaring

Binance, the world’s biggest crypto exchange, has added support for StakeStone (STO), a new decentralized omnichain liquidity protocol. This move sent the STO token price skyrocketing. StakeStone Takes Off The listing happened on May 2nd. Binance announced STO as the 17th project in its HODLer Airdrops program, rewarding BNB holders with other cryptocurrencies. The news…

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Brown University Bets Big on Bitcoin

Brown University, a prestigious Ivy League school, has joined the growing list of institutions investing in Bitcoin. The university recently revealed it owns a significant stake in Bitcoin through an exchange-traded fund (ETF). A $5 Million Bitcoin Investment According to a recent SEC filing, Brown holds over 105,000 shares of BlackRock’s iShares Bitcoin ETF (IBIT)….

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Trump Backs Plan for US to Buy 1 Million Bitcoin?

Senator Cynthia Lummis claims former President Trump supports her bill that would have the US government purchase a massive amount of Bitcoin. A Bold Bitcoin Proposal Lummis, a Republican senator from Wyoming, introduced the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act.” This bill proposes a significant government investment in Bitcoin. Specifically,…

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UK Wants Your Thoughts on Crypto Rules

The UK’s financial watchdog, the Financial Conduct Authority (FCA), is asking for public input on how to regulate the cryptocurrency market. They want to create a crypto sector that’s safe, competitive, and sustainable. Building a Better Crypto Future The FCA believes clear rules are key to building trust in crypto. They’re particularly interested in public…

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Bitcoin’s Crucial Support: $91,200?

Bitcoin’s price has been on a bit of a tear lately, pushing towards the $100,000 mark. But one analyst is sounding a note of caution. A Key Support Level Analyst Burak Kesmeci recently highlighted a critical support level for Bitcoin. Using the Pi Cycle Top indicator (which uses moving averages to predict Bitcoin’s price peaks),…

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