Cryptocurrency
Search documents
'Bitcoin Is A Bet On Trump's Success, Gold A Bet On America's Failure,' Strategist Claims
Yahoo Finance· 2026-02-20 03:30
Core Viewpoint - The article presents a dichotomy between Bitcoin and gold as investment assets, framing Bitcoin as a bet on the success of Trump's economic policies, while gold is viewed as a hedge against potential failure in the U.S. economy [4][24]. Group 1: Bitcoin Analysis - Bitcoin is currently trading at a critical level, with a price of $67,464; a close below this level would indicate a bearish momentum shift [1][6]. - If Bitcoin breaks above $70,000, it could target a range of $75,000 to $77,000, indicating potential bullish momentum [6]. - The investment thesis for Bitcoin hinges on the belief that economic reforms proposed by Trump and his administration will succeed, leading to economic growth that reduces debt [3][4]. Group 2: Gold Analysis - Gold is perceived as a poor investment if the U.S. can effectively manage its debt through growth, which many gold buyers currently doubt [2]. - The price of gold is forming a symmetrical triangle, with a critical support level between $4,900 and $4,925; breaking below this could target the 200 EMA at $4,823 or horizontal support at $4,700 [7]. - If gold holds above its support levels, it may move towards a price range of $5,100 to $5,200, indicating potential bullish sentiment [7]. Group 3: Economic Context - The article suggests that the current economic environment is characterized by excessive leverage, with traditional financial strategies focusing on printing and devaluing currency as a means to manage debt [4]. - The contrasting views on Bitcoin and gold reflect broader sentiments about the U.S. economy's future, with Bitcoin representing optimism and gold embodying caution [4].
X @Dash
Dash· 2026-02-20 02:38
RT Dash (@Dashpay)🚨MASSIVE NEWS🚨Dash is getting a major privacy overhaul to the Evolution chain as well, leveraging @Zcash Orchard technology.Big thanks to the Zcash team for making amazing cryptography. 🙏We hope to be able to contribute to, and improve, this tech as well. ...
Bitcoin, Ethereum, XRP, Dogecoin Flat As Iran Tensions Rise: Analyst Identifies 'Resistance To Clear' For A BTC 'Breakout' - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
Benzinga· 2026-02-20 01:59
Leading cryptocurrencies moved sideways on Thursday, while commodities gained as President Donald Trump weighed a military attack on Iran.Crypto Market LanguishesBitcoin extended its sideways movement as trading volumes stayed subdued. Ethereum meandered in the high $1,900s region, awaiting a decisive breakout above $2,000.Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) , closed up 3.39% and 1.15%, respectively.Over $160 million was ...
Who Actually Uses XRP? Separating Reality From Narrative
Yahoo Finance· 2026-02-19 23:41
Core Viewpoint - XRP is a polarizing cryptocurrency with critics questioning its utility while supporters believe it will enhance global financial infrastructure [1][2] Group 1: Utility and Purpose - XRP is designed for fast and efficient cross-border payments, distinguishing it from Bitcoin and Ethereum which focus on value storage and smart contracts respectively [3] - Transactions on the XRP Ledger settle in approximately three to five seconds at a cost of a fraction of a cent, making it an efficient bridge currency [4] Group 2: User Demographics - As of early 2025, the XRP Ledger had around 6 to 7 million funded accounts, but only 2 to 3 million individuals globally are estimated to actually hold XRP after accounting for multiple wallets [5][4] - Retail investors constitute the largest group of XRP users, while crypto exchanges like Binance and Kraken also utilize XRP for liquidity management [6][7] Group 3: Real-World Applications - Payment providers such as SBI Remit and Tranglo use XRP through Ripple's On-Demand Liquidity system for international remittances, allowing instant cross-border transactions without pre-funded accounts [7]
Is bitcoin's price slump an investing opportunity? Here's how to buy bitcoin.
Yahoo Finance· 2026-02-19 22:22
Core Insights - Bitcoin's price volatility has led many investors to view price drops as buying opportunities rather than reasons to exit the market [1] - The landscape for purchasing bitcoin has evolved, becoming more regulated and integrated into institutional finance [1] Buying Bitcoin - There are multiple avenues to buy bitcoin, including crypto exchanges, fintech apps, and traditional brokerages offering bitcoin ETFs [2] - Investors must decide between full ownership of bitcoin with private keys or easier exposure through regulated systems [2] Platforms for Purchase - Centralized exchanges like Coinbase, Kraken, and Gemini provide a wide range of features and security for digital asset trading [5][6][7] - Fintech apps such as Robinhood, PayPal, and Cash App offer convenience for purchasing bitcoin, though they may have hidden fees [8][9] Bitcoin ETFs - Bitcoin ETFs have gained popularity since receiving regulatory approval in January 2024, attracting approximately $110 billion in investments within the first year [12] - These ETFs allow investors to gain exposure to bitcoin without needing a dedicated wallet or private keys, simplifying the investment process [13] Account Setup and Verification - Setting up an account typically involves identity verification through a KYC process, which is designed to comply with anti-fraud regulations [15][16] - Most platforms allow for quick approval, enabling users to start buying bitcoin within minutes [16] Funding and Buying Process - Users can fund their accounts through various methods, including bank transfers, debit/credit cards, and payment apps [18][25] - Once funded, users can place market or limit orders to buy bitcoin, with dollar-cost averaging being a recommended strategy for beginners [19][20] Security and Custody - Keeping bitcoin secure is crucial, with options for software wallets (hot wallets) and hardware wallets (cold wallets) available [21][22] - Best practices for custody include safeguarding seed phrases and considering self-custody for larger amounts of bitcoin [26][27] Fees and Taxes - Investors should be aware of fees and spreads associated with trading bitcoin, as these can impact overall returns [28][29] - Cryptocurrency transactions are taxable events, and brokers will begin reporting cost basis for crypto sales starting in 2026 [32][33]
BitMine Buys Record 45,759 ETH—Can It Stop BMNR Breaking Below $15 Support?
Yahoo Finance· 2026-02-19 21:31
分组1 - The current price of Ethereum (ETH) is significantly below key moving averages, indicating strong resistance levels approximately 14% above the current price [1] - Investor sentiment in the cryptocurrency market is at a low point, reminiscent of previous market downturns, with no major exchange collapses this time [2] - Long-term growth drivers for Ethereum include Wall Street tokenization, AI agents utilizing Ethereum for transactions, and "proof of human" standards on Ethereum Layer-2 networks [3] 分组2 - Attempts to rally ETH prices into the $23-$32 EMA cluster have consistently faced selling pressure [4] - The lower Bollinger Band is positioned at $15.79, indicating potential long-term support near the current price [3] 分组3 - Elf Labs has acquired over 500 character rights, generating more than $15 million in royalties and expanding licensing into over 30 countries [15] - The company has seen a valuation growth exceeding 1,600% in under two years and is scaling distribution through patented production systems and global licensing [16] - Valley Center Wellness is positioned in the luxury behavioral health sector, offering a premium treatment experience and has launched an equity crowdfunding opportunity [18]
'The Future Of Blockchain Is Brighter Than Ever,' Figure CEO Mike Cagney Says
Yahoo Finance· 2026-02-19 21:12
Core Insights - The cryptocurrency industry is entering a renaissance era, with significant advancements in blockchain technology and regulatory support, as highlighted by Figure CEO Mike Cagney [1][4][5] - Cagney emphasizes that the future of blockchain and its associated tokens is promising, despite some industry departures due to speculation concerns [5][6] Industry Developments - The emergence of U.S. Securities and Exchange Commission-approved fixed-income securities, such as YLDS, is seen as a way to stabilize fiat rails for the cryptocurrency sector [1] - Regulatory bodies are increasingly supportive of blockchain, with legislation like the GENIUS Act and Clarity Act aiming to solidify the legality of public blockchain [4] Market Trends - The rapid evolution of cryptocurrency exchanges, with many rushing to announce new features and offerings, indicates a competitive and dynamic market environment [2] - Cagney points to specific innovations from Figure, including on-chain loans and yield-bearing stablecoins, as examples of the potential within the blockchain space [3] Company Positioning - Figure, under Cagney's leadership, is positioned to capitalize on the growing acceptance and integration of blockchain technology within traditional finance [4][6] - The company aims to leverage emerging regulatory tailwinds to enhance its offerings and expand its market presence [4]
Michael Saylor Is Telling The Truth About Strategy's Bitcoin Stash, Coinbase Exec Says
Yahoo Finance· 2026-02-19 20:30
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. John D’Agostino, Coinbase's Head of Institutional Strategy, appeared on CNBC Tuesday to weigh in on the market volatility. D’Agostino emphasized that while the decline looks large in dollar terms, it’s typical volatility on a percentage basis for crypto. Asked about Strategy Inc (NASDAQ:MSTR), D’Agostino, whose firm acts as a primary custodian for Strategy’s Bitcoin, said “I’ve seen no evidence that Saylo ...
Eric Trump shrugs off bitcoin's recent slump: 'If you don't have the backbone ... go invest in some boring bond'
Yahoo Finance· 2026-02-19 19:34
Core Viewpoint - The crypto world is poised to become the future of mainstream finance despite recent market downturns, as stated by Eric Trump during an interview [1]. Group 1: Market Performance - Bitcoin's price has experienced significant volatility, falling below $67,000 and nearly halving since its all-time high last October, with a 31% decline over the past year [2]. - The crypto market is characterized by irrational behavior, as highlighted by Trump's remarks on Bitcoin's historical performance [2]. Group 2: Tokenization and Real Estate - World Liberty Financial is venturing into tokenization, aiming to create a blockchain representation of real estate assets linked to a Trump resort project in the Maldives, expected to be completed by 2030 [4]. - The tokenization process involves packaging revenue interests from loans tied to the real estate project, allowing them to be sold as crypto securities to wealthy investors [5]. - The current market for tokenized real estate stands at approximately $359 million, indicating a growing interest in this sector [5]. Group 3: Future Outlook - Trump anticipates that tokenization will revolutionize global financial flows, extending beyond real estate to include various assets such as debt, commodities, and even ownership in luxury establishments [6]. - The Trump family's involvement in the crypto space has expanded significantly, particularly with the launch of USD1, a US dollar-pegged stablecoin that has reached a market value of $5 billion, making it the fifth largest stablecoin globally [7].
Crypto Corner: Key Technical Levels for BTC, CME Adds 24/7 Crypto Trading
Youtube· 2026-02-19 19:30
Core Viewpoint - Bitcoin is experiencing a significant downward trend, with a drawdown of approximately 50% from its peak of around 127,000 last year, and the sentiment remains bearish due to its position in the fourth year of the halving cycle [2][4]. Bitcoin Analysis - The current technical indicators show that Bitcoin is identified as a risk-on/risk-off asset, with a notable correlation to the performance of the software ETF IGV, which has declined by 30-35% [3]. - The 100-week moving average previously served as support but was breached, with a potential near-term low established around 60,000, where the relative strength index (RSI) dropped to 17 [5][6]. - Key trading levels for Bitcoin include 60,000 as a support level and 70,000 as a near-term resistance level, with a breakout level around 73,000 to 74,000 [6][8]. Ethereum Analysis - Ethereum has also seen a significant decline, down about 60% from its highs, with a near-term low around 1,750 and an RSI of 18 indicating it is extremely oversold [10]. - The trading range for Ethereum is suggested to be around 2,050, with a need for consolidation to heal the technical damage observed in both Ethereum and Bitcoin [11][12]. Regulatory Environment - Goldman Sachs CEO David Solomon has shifted from skepticism to a more cautious approach regarding Bitcoin, citing the need for regulatory clarity as a significant factor in his investment strategy [13][14]. - The regulatory landscape is crucial for Bitcoin's future, with potential bullish catalysts hinging on clearer regulations surrounding digital assets [14][16]. CME Group Developments - CME Group announced the launch of 247 crypto futures and options in May, responding to record client demand for risk management in digital assets, with a 46% year-over-year increase in futures contracts [18][20]. - This development is seen as beneficial for both institutional and retail investors, providing more flexibility in managing exposure to cryptocurrencies [19][20].