Here Are The Bitcoin Levels To Watch For The Short Term – Analyst
Bitcoin has produced a range-bound movement recently, with prices oscillating between $83,000 and 86,000. Interestingly, popular crypto analyst Burak Kesmeci has identified the important price levels for any short-term action. Related Reading: Bitcoin Consolidates In Tight Range – Breakout Or Breakdown Next? Support At 82,800, Resistance At 92,000 – But Where Is Bitcoin Headed? In […]
Bitcoin LTH Selling Pressure Hits Yearly Low — Bull Market Ready For Takeoff?
Following an extensive price correction in the past three months, the Bitcoin bull market continues to hang in the balance. Despite a modest price rebound in April, the premier cryptocurrency is yet to display a strong intent to resume its bull rally amidst a lack of positive market factors. However, crypto analyst Axel Adler Jr. […]
Chart of the Week: ‘Dire Picture’ for BTC Miners as Revenue Flatlines Near Record Low
Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs.
Bitcoin Shows Relative Strength Amid Uncertainty – Can BTC Outperform Equities?
Bitcoin is on track to close another week below the $90,000 mark, reinforcing the bearish sentiment that has hovered over the market in recent weeks. After facing a prolonged period of volatility and macro-driven uncertainty, Bitcoin continues to trade in a tight range, struggling to reclaim higher ground. The broader market remains cautious as global […]
Crypto Exec Blasts BIS: ‘Fear, Arrogance, Or Ignorance—Their Views Are Dangerous’
A major clash has erupted between cryptocurrency industry leaders and banking regulators over how to handle the growing crypto market. CoinFund president Christopher Perkins has called the Bank for International Settlements’ (BIS) recent recommendations on cryptocurrency regulation “dangerous” for the entire financial system. Related Reading: Bitcoin In The Aisles: Swiss Supermarket Chain Welcomes Crypto Payments […]
Schwab Warns Crypto Could Go to Zero – Solaxy ($SOLX) Is Proving Otherwise
Charles Schwab, a major U.S. financial services firm, is finally gearing up to let users trade crypto directly – but not without issuing a big, bold warning. The legacy investment giant now says it expects to launch spot crypto trading by next year, including Bitcoin. That’s a huge shift from its long-held cautious stance. At the […]
Bitcoin Futures Market Heats Up – Rising OI And Bullish Funding Rates Signal Optimism
Bitcoin is now trading at a critical level, holding steady above the $81,000 support but still struggling to reclaim the $88,000 resistance. After weeks of volatility and macro-driven moves, BTC appears to be consolidating above key support levels, with bulls beginning to regain momentum. As financial markets adjust to a new wave of global uncertainty, […]
XRP Resembles a Compressed Spring Poised for a Significant Price Move as Key Volatility Indicator Mirrors 2024 Patterns
A standard deviation-based indicator points to renewed volatility explosion in XRP and BTC.
XRP Leads Crypto Shopping List For Latin America Ahead Of ETH, SOL—Report
New statistics released by crypto platform Bitso shows that XRP, as a payment option, is gaining traction with Latin American consumers. XRP currently accounts for 9% of all purchases on the platform and is gaining on much older crypto options like Ethereum and Solana. This marks a huge turnaround from 2023 when the token barely […]
Crypto Scam: Brazilian Judge Issues 128-Year Sentence To $190-M Ponzi Mastermind
A federal court in Brazil has handed down a 128-year prison sentence to a major leader of a crypto Ponzi scheme syndicate that defrauded investors of over a hundred million dollars. Two other individuals also received lengthy prison sentences, while others were acquitted as the court cited insufficient evidence. Related Reading: Crypto In The Desert: […]