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Pakinomist– Bitcoin fell sharply from record highs on Tuesday as traders looked to President Donald Trump for more signals on crypto policy after he signed a flurry of executive orders on his first day in office. Crypto markets had rallied on Monday ahead of Trump’s inauguration, particularly on reports that the president would issue pro-crypto […]

Deribit-listed options show a continued bullish outlook for bitcoin versus ether, following President Donald Trump’s omission of any crypto mention in his inaugural address on Monday. As of noon Hong Kong time, BTC call options, which offer bullish exposure in the leading cryptocurrency, were trading more expensive than ETH calls across time frames, according to

Pakinomist – A correlation between the expansion of the meme coin industry, especially on , and the upward trend in the price of , was recently brought up by Binance CEO Changpeng Zhao. What’s good for memes is good for Bitcoin, he said, highlighting a phenomenon where the largest cryptocurrency is indirectly benefiting from the

Pakinomist – Peter Schiff, who is pretty much synonymous with his outspoken skepticism towards (BTC) and cryptocurrencies in general, might not seem like the obvious person to indirectly spark interest in digital assets. But the financial expert recently responded to a challenge from a follower who questioned his accuracy, especially as Bitcoin hit a new

The Ethereum Foundation, the organization overseeing the development of the second-largest blockchain by market capitalization, is allocating 50,000 ether (ETH), worth about $165.3 million at the time of writing, to participate in the decentralized finance (DeFi) ecosystem. The move will see the foundation create a 3-of-5 multisig wallet through Safe, which the organization wrote has

Pakinomist – Popular cryptocurrency continues to take center stage in the market, primarily due to the wild price action it has shown in recent weeks. The latest episode was the bullish divergence on the Relative Strength Indicator, which appeared on an hourly chart of XRP against the leading cryptocurrency (BTC). In market terms, such a

Commissioner Mark Uyeda will take over leadership of the US Securities and Exchange Commission while the agency awaits Senate confirmation of President Donald Trump’s pick for the permanent role, Paul Atkins. Acting Chairman Uyeda, who has been a vocal supporter of relaxing the regulator’s pursuit of the crypto industry along with Republican Commissioner Hester Peirce,

Pakinomist – Here are the top three news stories of the past weekend, brought to you by Pakinomist. Bollinger Bands are ringing warning bells for XRP versus After a remarkable week in which XRP rose by over 24%, concerns have arisen that this bullish trend may soon come to an end. The price of the

Arthur Hayes, Chief Investment Officer of cryptocurrency venture capital firm Maelstrom, says he doubts Donald Trump’s administration will get around to creating a strategic Bitcoin reserve, a policy many crypto enthusiasts are pinning their hopes on. “I don’t think Trump is going to get away with making a bitcoin reserve,” Hayes, co-founder and former CEO

Pakinomist – 15 years ago today, the cryptocurrency market was a different landscape. According to historian Pete Rizzo, on this date 15 years ago, you could buy 1 Bitcoin (BTC) for just $0.50. This extremely low price of 50 cents is in stark contrast to Bitcoin’s current value, currently in the six figures. In January