Author: John Smith
ProCap Financial chairman Anthony Pompliano predicted Bitcoin will benefit from a “monetary slingshot” as the Federal Reserve prints money to combat deflation. Summary Pompliano sees Bitcoin gaining after deflation triggers money printing. BTC drop to $70K tests long-term debasement thesis for holders. Gold leads now, but Bitcoin may win in post-deflation phase. Speaking on FOX Business, Pompliano said Bitcoin’s value proposition remains intact long-term, but investors must hold through periods when deflation masks currency debasement effects. Bitcoin (BTC) fell 50% from its $126,000 all-time high to around $70,000 as deflation replaced inflation as the primary economic concern. Pompliano framed this…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Over the past two years, the Bitcoin (BTC) ecosystem has witnessed a proliferation of “layer 2s” that have claimed to bring decentralized finance to the world’s oldest blockchain network. Despite the high hopes many Bitcoin enthusiasts held for these protocols, their results have fallen catastrophically short. Summary Most “Bitcoin L2s” aren’t L2s at all: They’re sidechains with bridges, new tokens, and weaker security models that don’t inherit Bitcoin’s base-layer guarantees. Token-first design is the real red flag:…
The honeymoon is over—for President Donald Trump and for crypto enthusiasts alike. A new Morning Consult poll shows Trump’s approval slipping to 45%, with disapproval climbing to 52%, down slightly from two weeks ago and far below the 52% approval he enjoyed at the start of his second term. Summary The Dow Jones surged past 50,000 earlier this month, but voters aren’t cheering. Republicans (86%) still approve of Trump, according to a new survey; while Democrats (11%) and Independents (33%) remain skeptical of his policies and actions. Critics view conflicts of interest from Trump and his family’s crypto ventures as…
Shiba Inu Coin price has crashed into a bear market, moving from a high of $0.00004565 in March 2024 to the current $0.0000060, and activity in the futures market points to more downside. Summary Shiba Inu Coin price has dived, with its market cap falling from $41 billion to $3.7 billion. The futures open interest has continued falling in the past few months. Its weighted funding rate has remained in the red since February 5. Shiba Inu (SHIB), the biggest meme coin on Ethereum (ETH), was trading at $0.0000060, with its market cap falling from a record high of over…
Ethereum spot ETFs recorded $10.26 million in net inflows on February 13, breaking a two-day outflow streak that saw $242.28 million in redemptions. Summary Ethereum ETFs added $10M as ETH price reclaimed $2,000. Bitcoin ETFs saw modest $15M inflows after prior outflows. Weekly ETH ETF flows remain negative despite rebound. Grayscale’s mini ETH trust led flows with $14.51 million, followed by VanEck’s ETHV at $3.00 million and Fidelity’s FETH at $2.04 million. Ethereum (ETH) price gained 5.8% over 24 hours to reclaim the $2,000 level, trading in a range of $1,926.66 to $2,067.44. The recovery follows sharp declines across longer…
Grayscale Investments has reportedly submitted an S-1 application to the Securities and Exchange Commission for an AAVE spot exchange-traded fund, according to regulatory filings. Summary The largest digital asset manager has previously filed applications for various digital asset investment products. AAVE, a decentralized finance protocol, has recently drawn attention following a governance vote on decentralizing its operational structure. The filing comes as AAVE, a decentralized finance protocol, has drawn attention following a governance vote on decentralizing its operational structure. The proposal received support from the AAVE community, according to reports. Grayscale, the largest digital asset manager, has not released additional…
BlockTower founder Ari Paul believes the crypto markets are at a critical crossroads, facing two potential outcomes. Summary The market may have already reached its peak, with slow real-world adoption and mixed results from initiatives like El Salvador’s Bitcoin experiment. Despite the downturn, Bitcoin and crypto remain attractive to speculative investors, with growing development and potential for a renewed rally. Bitcoin’s sustainability may be at risk if prices stagnate, with diminishing block rewards and pressure on the broader crypto industry, especially exchanges and custodians. Paul outlined that one possibility is that the crypto market has already reached its peak, particularly…
Cryptocurrency markets have undergone structural changes that may prevent most alternative digital assets from reaching their previous all-time highs. Summary Most altcoins are unlikely to reach previous all-time highs due to liquidity issues and capital being concentrated in large-cap assets. The current market may be undergoing a mid-cycle reset, with most of the price decline already completed, followed by about 200 days of sideways consolidation before price expansion resumes. Traditional four-year cycle models may no longer apply, with the market showing faster declines and a potential earlier recovery than anticipated by the consensus view of a prolonged bear market. Institutional…
Solana price has broken its short-term bearish structure, signaling a potential momentum shift that could open the door for a bullish expansion toward the $95 resistance zone. Summary Local bearish trend invalidated, signaling a shift in short-term momentum Holding above the value area low supports higher-low formation $95 high-timeframe resistance is the next target, if bullish structure persists Solana (SOL) price action is showing a notable improvement in structure after breaking out of a local bearish downtrend that had controlled price movement for much of the week. This shift marks an important technical development, as Solana has now printed a new…
Chainlink’s price is stabilizing at key Fibonacci support, with oversold RSI readings and improving momentum pointing toward a potential relief rally into the $10 resistance zone. Summary $8.33 Fibonacci support is holding, confirming a short-term swing low RSI remains oversold, signaling selling pressure exhaustion Bullish momentum building, with $10 as the next key resistance Chainlink (LINK) price action is beginning to show constructive signs after an extended period of downside pressure. Following weeks of aggressive selling, LINK has established a clear swing low and is now attempting to build a base above a technically significant support zone. This shift comes…