Altcoins up, but Bitcoin ranging amid fears of pullback
Altcoins up, but Bitcoin ranging amid fears of pullback
In the latest edition of Bitfinex Alpha, it is reported that altcoins are up while Bitcoin remains ranging. There are fears of an extended pullback in the market. This comes after Bitcoin reached $38,000 last week, but caution is advised due to high market volatility.
We saw a positive week, with Bitcoin topping $38,000 🚀 But Bitfinex Alpha warns that a pullback could be on the cards! High market volatility is also adding to the mix, suggesting that caution would be prudent. Get the details now: go.bitfinex.com/Alpha80p7T
Institutional involvement in #Bitcoin is becoming increasingly evident while short-term HODLers are realising profits 💰 Get all the insights from this week’s Bitfinex Alpha now! 📩 go.bitfinex.com/Alpha78p3T
Bitfinex Alpha is out! #Bitcoin and Ether have been top performing crypto assets this year, outstripping traditional assets easily. Take a look at their remarkable resilience and growth that have significantly outpaced traditional investments! go.bitfinex.com/Alpha79p3T
Altcoins are up but $BTC is ranging, amid fears of an extended pullback 📊 Read all about the state of the markets in the latest edition of Bitfinex Alpha: go.bitfinex.com/Alpha81p3T
In Bitfinex Alpha, we look not only into the cryptocurrency markets, but also analyse the general markets and the latest news ✅ Stay informed and updated, sign up to get your Bitfinex Alpha every week! go.bitfinex.com/Alpha79p13T
SimpleBTC App Launches Interactive Bitcoin Education with Lightning Rewards
A new educational platform called SimpleBTC App aims to revolutionize Bitcoin learning through: - Interactive lessons combining theory with practical transactions - Lightning Network rewards for completing lessons - Certification system to verify knowledge - Duolingo-style approach to cryptocurrency education The platform was created by Yannick to address the knowledge gap in traditional financial education regarding Bitcoin and monetary systems. [Watch the full demonstration](https://youtu.be/Qe387JdqDoQ)
US Strategic Bitcoin Reserve Announced at White House Crypto Summit
Former President Trump has announced the creation of a US Strategic Bitcoin Reserve at the inaugural White House Crypto Summit. Key developments include: - Executive order establishing a virtual Fort Knox within US Treasury - Commitment to end regulatory crackdowns on crypto - Push for stablecoin legislation by August 2025 Market reaction showed initial price increases on anticipation, followed by a sell-the-news event after the official announcement. The initiative marks a significant shift in US digital asset policy, though immediate market impact remains uncertain. Read more: [Bitfinex Alpha Report](https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-market-losses-rise-as-bulls-hesitate/)
KAIA Token Now Trading on Bitfinex with Zero Maker Fees
Bitfinex has officially launched trading for $KAIA, the native token of KaiaChain. Key details: - Zero fees for maker orders - 4 basis points fee for taker orders - KaiaChain represents Asia's largest Web3 ecosystem - Created through merger of Klaytn & Finschia platforms - Integrated with LINE and Kakao Talk super apps KaiaChain aims to provide Web3 services to millions of users across Asia through established messaging platforms. The blockchain offers Ethereum-equivalent functionality as a Layer 1 solution. Learn more: [Educational Guide](https://blog.bitfinex.com/token/what-is-kaia-kaia/)
Bitfinex Integrates USDT0 for Cross-Chain Operations
Bitfinex has launched support for USDT0, an omnichain version of Tether's USDT stablecoin. Built on LayerZero's Omnichain Fungible Token standard, USDT0 enables: - Seamless transfers across multiple blockchains - No fragmented liquidity or traditional bridges - Support on networks including Ink and Arbitrum One The integration allows Bitfinex users to deposit and withdraw USDT0 across supported chains, streamlining cross-chain operations. [Learn more about USDT0](https://blog.bitfinex.com/token/what-is-usdt0/)
Ethereum's Price Struggles Amid Project Slowdown and High Fees
Ethereum's performance remains subdued due to several key factors: - High gas fees deterring new projects and builders - $1,800 identified as crucial support level to monitor - ETH ETFs showing mixed results: * Some inflows to newer products like BlackRock * Significant outflows from established funds like Grayscale The ETH/BTC ratio has reached its lowest point in over 1,200 days, with aggressive selling by major market makers like Jump Trading contributing to a 40% price decline. [Read full analysis on Cointelegraph](https://cointelegraph.com/news/ether-1-8k-correction-global-tariff-fears-eth-etf-outflows)