The hacking of exchanges and relentless attacks from financial powers have, in the short run, adversely affected the price of Bitcoin.
For example, frequent exposure to hacking will eventually make Bitcoin and other cryptocurrencies immune to such attacks.
Moreover, giant financial actors, including exchanges and big banks, are investing heavily and hiring talent to build Bitcoin trading capabilities.
What do you think are the main factors that will eventually drive Bitcoin’s value higher?
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The post Factors That Will Push Bitcoin’s Price Higher Are Gathering Steam appeared first on Bitcoinist.com.
Bitcoin appears to be rising as a payment method of choice for spies across the world following a third report that intelligence agents used bitcoin to pay for hacking infrastructure....
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The hacking of exchanges and relentless attacks from financial powers have, in the short run, adversely affected the price of Bitcoin. However, once the news about these adverse effects fades, investors will be able to turn their focus to several bright ongoing developments.
Hyperliquid price remains bearish after rejecting from $27.39 resistance, with lower lows forming and $19.75 high-time-frame support now becoming the next major downside target.
HBAR price is bouncing from $0.10 high-time-frame support, after a sharp drop, forming a potential double bottom that could signal a reversal if key resistance levels are reclaimed.
BNB price is starting to show clearer signs of weakness after failing to sustain higher prices at the VAH. The recent move higher appeared impulsive at first, but rejection from VAH has now disrupted the high-low projection and shifted short-term momentum toward a corrective phase.
Ethereum price has confirmed bearish divergence at $3,400 resistance, triggering an impulsive drop and increasing the probability of a corrective rotation toward $2,800 high-time-frame support.
Bitcoin investors may be watching CPI prints, but the real inflation stress is showing up in stranger places. Inflation looks like it’s easing, until you zoom in. Beef prices are up sharply, fertilizer costs are reaccelerating, and several niche input series are diverging in ways that don’t fit the clean “cooling” narrative.
Bitcoin investors may be watching CPI prints, but the real inflation stress is showing up in stranger places. Inflation looks like it’s easing, until you zoom in. Beef prices are up sharply, fertilizer costs are reaccelerating, and several niche input series are diverging in ways that don’t fit the clean “cooling” narrative.
Aster has activated a new buyback mechanism that directs up to 40% of its daily platform fees toward on-chain ASTER repurchases. Aster has started deploying a new on-chain buyback reserve that uses 20%-40% of its daily platform fees to repurchase…