Fund manager Bill Miller IV says the government shouldn’t be able to tax Bitcoin because it requires no work on their end.

Bitcoin is flashing warning signs as its Relative Strength Index (RSI) shows a familiar bearish divergence pattern, the 2020 halving. This classic setup often precedes a period of correction or consolidation, urging traders to stay alert. 

A crypto analyst who previously forecasted a massive 600% XRP price surge in 2024 is once again drawing attention with a new technical analysis of the cryptocurrency. This time, the market expert says that XRP is getting ready for its next parabolic leg up. 

A crypto analyst stated that Bitcoin is pressing against key resistance near its all-time high, signaling that a breakout into price discovery territory could be just around the corner. A weekly close above the level could trigger a fresh wave of upside, pushing BTC into uncharted ground where new highs are inevitable.

Bitcoin has held steady around the $108,000 price level in recent days. After bouncing back from a brief pullback near $105,500 on Wednesday, Bitcoin recently tested $109,000 again in the past 24 hours.

References to Bitcoin in songs, movies, and televised media indicate that the digital asset is breaking into mainstream popular culture.

In a stunning development, 80,000 Bitcoin (BTC), valued at over $8.6 billion, have been moved into new wallets setting a wave of speculations across the crypto market. Contributing to this discourse, Conor Grogan, Head of Product at Coinbase has stated there is significant possibility that this series of recent whale transactions could be an actual crypto heist.

Bitcoin prices dipped by 0.93% in the last day after the premier cryptocurrency suffered another price rejection in the $110,000 range. This latest price pullback forces Bitcoin to maintain a consolidatory movement that has dominated the majority of last month drawing speculations about a potential market top.

Musk's "America Party" proposal highlights growing dissatisfaction with the two-party system, potentially reshaping U.S. political dynamics.

The post Elon Musk declares ‘America Party’ is born after Trump enacts $3.3 trillion bill appeared first on Crypto Briefing.

In a recent X post, CryptoWzrd highlighted that Litecoin (LTC) closed the day on a slightly bearish note. He explained that LTC’s price action remains closely tied to Bitcoin’s movement and overall market sentiment, with the $96 level standing out as the next resistance.