Bitcoin Retraces Below $109,000: Analysts Split on Future Outlook
The market’s leading crypto, Bitcoin (BTC), has experienced a retracement below the $109,000 mark on Monday, following its recent surge to an all-time high (ATH) of $111,800 last week. As the cryptocurrency market reacts to these fluctuations, analysts find themselves divided on BTC’s price future trajectory. Bitcoin Could Hit New ATH Of $113,000 This Week Market expert Doctor Profit took to social media platform X (formerly Twitter) to reaffirm his bullish stance, citing the recent occurrence of a “Golden Cross”—a technical indicator that has historically signaled significant....
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At the Bitcoin 2025 Conference, a session titled “Making America the Global Bitcoin Superpower” conveyed a clear message: the United States is committed to embracing Bitcoin (BTC) and leading the global market. Key speakers Bo Hines, the White House Executive Director for digital assets, and Tyler Williams from the US Treasury Department, alongside moderator Miles Jennings, outlined the government’s aggressive strategy to establish the nation as a leader in the cryptocurrency space. Integration Of Crypto With ‘Legacy Financial Systems’ “We are well on our way to becoming the Bitcoin....
Since January 3, 2009, the Bitcoin network has been functional for 99.98662952015% of the time. However, the protocol has had a few hiccups along the way and on a few occasions, the chain split into two. Most people are well aware of the Bitcoin Cash split that took place on August 1, 2017, but the first time the Bitcoin chain split was 11 years ago on August 15, 2010. Strange Block 74,638 4,019 days ago on August 15, 2010, the Bitcoin community had a problem which was dubbed the “overflow bug.” What was also called a “malicious event” or “Strange block....
A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.
The DAO is being attacked for some hours, according to Griff Green, a spokesperson for Slockit. In an ongoing emergency situation currently developing Griff Green, a spokesperson for Slockit, has put out an emergency alert. He asked anyone who has a DAO split open, especially Congo Split, to message him at the Dao slack. It is not clear what is developing, but the dao is currently being drained of Ether with the balance falling below 9 million ether from 12 million raised and continuing to fall. Griff Green stated: “The DAO is being attacked. It has been going on for 3-4 hours, it is....
Ethereum took a drastic dive this morning as news came in that the DAO smart contract address is being drained of ether in an ongoing and developing news story. Millions of ether are moving to an unkown address with some suggesting that it may be a recursive split hack. Griff Green, spokesman for slockit, the creators of the Dao, stated on the DAO slack channel: “The DAO is being attacked. It has been going on for 3-4 hours, it is draining ETH at a rapid rate. This is not a drill. You can help: If anyone knows who has the split proposals Congo Split, Beer Split and FUN-SPLT-42, please DM....