Bitcoin Bear Market Expected to Last Just 90 Days, Analyst Says
The ongoing Bitcoin (BTC) market downturn, characterized by a decline of over 20% from its all-time high, is relatively mild in terms of severity and is likely to persist for only 90 days, according to market analyst Timothy Peterson, author of Metcalfe’s Law as a Model for Bitcoin’s Value. Peterson compared the current correction to […]
Michael Saylor Hints at Another Bitcoin Purchase Following Capital Raise
Michael Saylor, co-founder of Strategy, has hinted at another Bitcoin acquisition after the company recently secured additional funds through its latest preferred stock sale. Saylor took to X on Sunday, sharing a Bitcoin price chart alongside the phrase “needs more orange”—a phrase he often uses before announcing a new BTC purchase. If past patterns hold, […]
Tether Pursues Big Four Audit for Full Financial Transparency
Stablecoin issuer Tether is reportedly working to secure an audit from one of the Big Four accounting firms to verify that its USDT token remains backed on a 1:1 basis with reserves. Tether’s CEO, Paolo Ardoino, suggested that the audit process could become more seamless under the administration of pro-crypto U.S. President Donald Trump. The […]