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Twenty One Capital, a new Bitcoin-focused company backed by Tether, is close to going public. The company, led by CEO Jack Mallers, plans to list on a stock exchange soon. Mallers shared that they are hopeful for approval and aim to trade under the ticker XSI. Mallers Reveals Plan for Twenty One Capital to Become
The post Tether Backed Twenty One Capital Nears Public Listing, Eyes Massive Bitcoin Buys appeared first on CoinGape.
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee as we dissect Bitcoin’s place in mainstream finance. The narrative of the pioneer crypto decoupling from traditional equity markets gains significant attention, but is it ready for the next step?
BeInCrypto’s recent US Crypto News series in April explored whether the digital gold narrative was breaking down as Gold ascended to new highs while Bitcoin lagged.
The report came after extensive advocacy for Bitcoin as digital gold, with many presenting it as a safe-haven asset against negative market price movements.
“Primary use case for Bitcoin seems to be a store of value, aka ‘digital gold’ in a decentralized finance (DeFi) world,” the US Treasury stated recently.
However, recent findings beg the question: Is that time finally here? BeInCrypto contacted RedStone to ask: Is Bitcoin a hedge for traditional markets?
The response was insightful, with key takeaways from Marcin Kazmierczak, co-founder and COO of the leading cross-chain data oracle provider RedStone. According to Kazmierczak, data support Bitcoin’s role as a portfolio diversifier.
Kazmierczak cited analysis of Bitcoin and S&P 500 data from the past 12 months of open American market days. They analyzed on weekly and monthly timeframes.
For the 7-day correlation, which provides a more short-term outlook, they noted F periods when BTC exhibited a strong negative correlation with the American stock markets.
“These are the periods when many called for BTC’s decoupling from the broader markets,” he explained.
However, the 7-day aggregation is a short-term metric, making it susceptible to influence from market noise. The 30-day chart provides a clearer representation.
This timeframe reveals several shifts between modest positive, near-zero, and slightly negative correlations throughout the 12 months.
He explained that Bitcoin exhibited variable correlation with the S&P 500 (SPX) over the past year.
This variance, he said, does not support positioning Bitcoin as a replacement for traditional hedges like gold or bonds.
“With correlations ranging from -0.2 to 0.4, Bitcoin demonstrates a variable relationship with equities rather than providing the consistent negative correlation truly needed for effective portfolio protection,” Kazmierczak told BeInCrypto in the interview.
He observed that institutional players still fundamentally classify Bitcoin as a risk-on asset. According to Kazmierczak, this range indicates that Bitcoin operates with periodic independence from traditional equity markets.
He believes the correlation is generally modest enough to provide portfolio diversification benefits. However, the variance nullifies Bitcoin from functioning as a reliable counter-movement hedge.
“This relationship puts Bitcoin in a diversifier category rather than a haven asset… Bitcoin can add diversity to a portfolio but won’t reliably protect against stock market crashes since it doesn’t consistently move in the opposite direction,” he added.
Nevertheless, the RedStone executive articulated that if Bitcoin truly transitions to being treated as a safe-haven, risk-off asset, it would mark the most profound asset narrative transformation in modern financial history.
“I believe that’s possible. But not in such a short timespan as crypto believers would like it to be,” Kazmierczak concluded.
The chart suggests Bitcoin’s performance has often diverged from traditional equity markets, especially in 2024-2025.
However, this does not definitively indicate a permanent decoupling or consistent negative correlation with equities.
While Bitcoin outperformed at times, it still shows periods of correlation with the S&P 500, indicating its role in portfolio protection remains uncertain and context-dependent.
A recent US Crypto News publication indicated what could pass as context for these variations. BeInCrypto cited political tension and concerns over the Federal Reserve’s (Fed) independence.
Here’s a summary of more US crypto news to follow today:
| Company | At the Close of May 6 | Pre-Market Overview |
| Strategy (MSTR) | $385.60 | $396.94 (+2.94%) |
| Coinbase Global (COIN) | $196.89 | $200.79 (+1.98%) |
| Galaxy Digital Holdings (GLXY.TO) | $25.90 | $25.30 (-2.3%) |
| MARA Holdings (MARA) | $13.15 | $13.60 (+3.42%) |
| Riot Platforms (RIOT) | $7.86 | $8.10 (+3.05%) |
| Core Scientific (CORZ) | $8.99 | $9.19 (+2.22%) |
The post Bitcoin Isn’t Ready to Replace Gold or Bonds, Analyst Warns | US Crypto News appeared first on BeInCrypto.
The post Best Crypto Tokens to Watch for Altcoin Season 2025 appeared first on Coinpedia Fintech News
The cryptocurrency market has taken a brutal hit, losing over $1 trillion in just three months. Panic selling has taken hold as investors watch prices tumble. Bitcoin, which was trading above $101,000, has now plunged to around $82,000 as of Thursday, March 13, during early New York trading.
But the real pain is in the altcoin market. With Ethereum (ETH) and Dogecoin (DOGE) leading the downturn, traders are left wondering: is this just another dip, or is the long-awaited altseason slipping further away? And with the rise of spot crypto ETFs, could the usual market cycles be shifting for good?
Let’s break down the key signals, historical trends, and what could determine whether 2025 brings the next big altcoin rally.
In previous market cycles, altcoin rallies have started when Bitcoin dominance begins to decline. However, with the rise of spot crypto ETFs, the usual cash flow patterns in crypto have shifted, making it harder to predict when the next altseason will begin.
From a technical standpoint, the Others/BTC trading pair is currently testing a major support level on the weekly chart. In past cycles, this setup has triggered strong altcoin rallies. However, if altcoins fail to rebound in the coming weeks, the long-awaited altseason may be delayed.
#Altseason is Ready To Go
$Total 2 is showing the same ready-to-go pattern for Altseason.
The RSI is in the neutral zone, poised for a breakout to the overbought zone during the upcoming Altseasonpic.twitter.com/5iLM0iOUTb
— Trader Tardigrade (@TATrader_Alan) March 13, 2025
The existence of more than 15,000 altcoins—ranging from utility tokens to meme coins—has spread crypto liquidity thin, slowing down the usual four-year bull cycle. However, the shift in U.S. leadership under President Donald Trump, who has prioritized clearer crypto regulations, has helped fuel optimism for digital asset adoption, especially in the DeFi sector.
The launch of the Official Trump (TRUMP) memecoin has played a role in expanding crypto adoption among both retail and institutional investors. Given these developments, some altcoins—especially those that are heavily oversold but have strong leadership and active communities—could be poised for gains.
Here are some top altcoins that could see strong recoveries in the next cycle:
If historical patterns hold, these tokens could be among the biggest gainers when altseason finally arrives.
The wait for altseason continues, but when momentum shifts, it tends to do so in a big way.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Best Crypto Tokens to Watch for Altcoin Season 2025 appeared first on Coinpedia Fintech News
The cryptocurrency market has taken a brutal hit, losing over $1 trillion in just three months. Panic selling has taken hold as investors watch prices tumble. Bitcoin, which was trading above $101,000, has now plunged to around $82,000 as of Thursday, March 13, during early New York trading. But the real pain is in the …
The post Chainlink Price Analysis: Will LINK Hit $24? Key Levels Revealed appeared first on Coinpedia Fintech News
As the altcoin market gears up for a potential major rally, Chainlink (LINK) is flashing signals of a possible trend reversal. The large-cap altcoin, with a fully diluted valuation of about $13.8 billion and an average 24-hour trading volume of around $373 million, ended last week with a hammer candlestick – a sign that a price rebound could be on the way.
In the past 24 hours, LINK has gained around 1 percent, trading at approximately $13.76 as of Monday, March 17, during the early New York session. However, the price has dropped more than 28 percent since the second inauguration of U.S. President Donald Trump 
Donald Trump
Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
President
.
From a technical analysis perspective, LINK has been following an overall upward trend, forming higher highs and higher lows over time. On the weekly chart, the price is currently retesting the lower boundary of a rising channel, which could be a sign that a reversal is approaching.
If bullish momentum picks up, LINK could rise to $24 in the short term, aligning with the daily 1.618 Fibonacci retracement level. However, if the price falls below $13 and stays there, further losses toward $10 may follow.
Beyond price action, the Chainlink network continues to grow and play a key role in the adoption of Web3 technologies. Recently, it has attracted attention from major institutional investors, including World Liberty Financial (WLFI), a project backed by President Donald Trump.
Last week, the Chainlink network reported 11 new integrations across 4 services and 12 different blockchain ecosystems. This expansion highlights its increasing importance in the decentralized finance space.
Whale Investors Are Moving Cautiously
Despite Chainlink’s growth, on-chain data suggests that large investors have not been aggressively accumulating LINK in recent weeks. According to data from IntotheBlock, transactions involving more than $100,000 worth of LINK have dropped significantly, from 620 transactions on March 14 to around 121 on Monday.
With LINK at a crucial technical level, traders are watching to see if buyers can regain control. While Chainlink’s strong fundamentals and expanding presence in Web3 are positive signs for the long term, short-term price movements will depend on whether it can hold above key support levels.
LINK price could trade at an average price of $47 during 2025.
LINK price could close the annual trade for 2030 with a price tag of $189.
The post Chainlink Price Analysis: Will LINK Hit $24? Key Levels Revealed appeared first on Coinpedia Fintech News
As the altcoin market gears up for a potential major rally, Chainlink (LINK) is flashing signals of a possible trend reversal. The large-cap altcoin, with a fully diluted valuation of about $13.8 billion and an average 24-hour trading volume of around $373 million, ended last week with a hammer candlestick – a sign that a …