Bitcoin eyes ‘healthy pause’ around $106K before price picks up steam
Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Starknet’s STRK token gives back gains as DeFi weakness meets profit-taking
The STRK token's volatility highlights the challenges of sustaining DeFi momentum amid strategic shifts and market dynamics, impac...
BlackRock Files for Bitcoin ETF That Trades Capped Gains for a 10% Loss Floor
BlackRock filed on Monday to register the iShares Bitcoin Managed Protection ETF, a fund built to give up part of bitcoin’s gains...
Switzerland’s FINMA Lets Retail Investors Into a Bitcoin-Only Fund for the First Time
Switzerland’s financial markets regulator has approved the country’s first exchange-traded fund that holds bitcoin directly, and i...
JPMorgan Bitcoin Forecast Gives BTC a Major Edge Over US Stocks
JPMorgan Asset Management’s first long-term Bitcoin forecast puts its annual compounded return at 10% over 10 to 15 years, above p...
JPMorgan Picks Ethereum for JPM Coin, Citing the Network’s Liquidity and Client Use
JPMorgan is launching JPM Coin, its dollar deposit token, on Ethereum and will offer it to the bank’s institutional clients there,...
Tether Iran Dispute: Ardoino Pushes Back Against Senate
Tether CEO Paolo Ardoino said the company froze Iran crypto addresses an average of four weeks before official designations by the...