Daily news about crypto
Bitcoin has reclaimed the crucial $115,000 level after briefly dipping to $112,000 earlier this week, signaling renewed strength from the bulls. The sharp recovery highlights buyers’ resilience following recent volatility, with price action now showing signs of bullish dominance. This rebound comes as traders and investors brace for the potential next leg up, eyeing higher…
Bitcoin’s recent price action has drawn renewed attention as the asset attempts to rebound from last week’s decline. Following its July peak above $123,000, BTC experienced a downturn, hitting lows around $112,000 over the weekend. However, the latest data now suggest a gradual recovery in progress, with the cryptocurrency trading above $116,000 at the time…
The US markets have seen a surge of digital coins. Millions of Americans now hold tokens in their wallets. Blocking all of it suddenly would be nearly impossible. At the same time, leaving this sector with no rules puts everyday investors in harm’s way. Why Ban Is Off The Table According to Bloomberg columnist Matt…
On-chain data shows that the Bitcoin short-term holders have switched to loss-taking recently. Here’s what this could mean for the asset. Bitcoin Short-Term Holder SOPR Has Dropped Below 1.0 In a new Spent Output Profit Ratio (SOPR), which tells us about whether the BTC investors are selling/moving their coins at a profit or loss. When…
Last Friday’s US July Employment Situation release has delivered the kind of statistical jolt that rarely shows up outside crises, forcing traders to re-evaluate both the macro outlook and Bitcoin’s near-term path. Payrolls grew by just 73,000, but the shock lay in the record-large negative revisions: May and June were marked down by a combined…
Following a brief dip to $112,200, Bitcoin (BTC) has recovered slightly, trading around the $116,300 level at the time of writing. While concerns remain about BTC’s inability to decisively break the $120,000 resistance level, on-chain data suggests the asset may be in an accumulation phase – potentially gearing up for its next breakout toward a…
Bitcoin is entering a critical phase after losing the crucial $115,000 support level, with selling pressure mounting across key timeframes. The bullish momentum that previously fueled upside moves has faded, and price action now signals growing market weakness. As investor sentiment shifts from cautious optimism to concern, fears of a deeper correction below $110,000 are…
Japan’s largest bank, SBI, has unveiled plans to launch the country’s first exchange-traded fund (ETF) that will be linked to both Bitcoin (BTC) and XRP. SBI Unveils Japan’s First Bitcoin And XRP ETF According to circulating reports, this investment vehicle aims to trade on the Tokyo Stock Exchange (TSE), offering institutional investors a regulated avenue…
Jack Mallers, founder and CEO of Strike, ignited fresh debate over Washington’s still-undisclosed Bitcoin balance on Wednesday night, arguing that the US government is withholding the numbers because its position is “too small to lead” the digital-asset economy. “The US won’t disclose their BTC holdings. Why? Because they realized they don’t own enough,” Mallers posted…