Bitcoin price pullback to K possible, but onchain data highlights ‘healthy’ market fundamentals

Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

Bitcoin spot demand could taper off this week, but onchain and technical data highlight healthy fundamentals, which could pave the way to new all-time highs. Key Takeaways: Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates a Bitcoin price target in…

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Why do crypto bros like freedom cities?

Why do crypto bros like freedom cities?

Freedom cities, in theory, could help the crypto sector “to discover where it can go in terms of innovation and new applications.” When Donald Trump was running for president, he pledged to build 10 new US cities, dubbed “freedom cities,” from scratch, designed to improve the quality of life for Americans.  These new high-tech communities…

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Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG

Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG

Bitcoin’s decoupling from traditional risk assets is “still very early and fragile,” but the shift is “palpable,” says NYDIG’s Greg Cipolaro. Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group. Bitcoin…

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