Bitcoin is pressing into a decisive resistance cluster near $65,000, where a 78.6% Fibonacci retracement and a descending trendline could determine the next short-term move. Improving spot and perpetual-futures demand supports a potential advance toward $67,000 to $68,000, but another rejection could expose support between $62,000 and $63,000. Bitcoin Tests a Critical 78.6% Retracement Below […]
Starting on July 30, one cryptocurrency trader managed a maneuver many involved with digital assets hope they’ll execute during their careers by multiplying an $875 investment into roughly $797,000 in profit. Specifically, an anonymous actor identified as 0xd2abcef40a51c779c2a890dd40f041ab995ed3af on DeBank began purchasing MarsCoin (MARSCOIN) – not to be confused with Marscoin (MARS) – on the […]
Bitcoin has evolved from a narrative-driven digital asset into a standardized financial instrument that now serves as a leading indicator of global market liquidity, according to Hong Kong-listed crypto firm Xinhua Group. The company’s chief analyst, Fu Peng, shared this view at a recent private seminar, highlighting Bitcoin’s growing role in reflecting broader financial conditions. […]
As the Democrats and critics of the CLARITY Act – a United States bill that would create clear rules for the cryptocurrency industry – accuse President Donald Trump of crypto corruption, Wyoming Senator Cynthia Lummis has emphasized that legislation already contains unmatched ethics standards. In an X post on July 31, Senator Lummis stated that […]
With XRP price having returned to a crucial multi-year support level following its 2025/2026 bear market, the token’s withdrawal transactions have spiked to their highest share in more than five years. On July 31, Binance’s seven-day XRP withdrawal transaction share surged to 55.6%, the highest level since February 2021. Additionally, the same metric across all […]
As the leading cryptocurrency Bitcoin continues to search for direction around $64,000, one analyst stated that $BTC has bottomed out and that he does not expect a sharp decline. Crypto analyst Killa, known by his pseudonym and closely followed in the cryptocurrency market, said that Bitcoin is unlikely to experience a sharp pullback to the […]
The U.S. Treasury imposed sanctions on two Iranian companies on Wednesday, July 29, as they were accused of operating a maritime insurance scheme that accepted Bitcoin (BTC). According to the official statement, the Treasury’s Office of Foreign Assets Control (OFAC) designated the Persian Gulf Marine Insurance Company and the HormuzSafe Marine Services Authority, also known […]
Bitcoin continues to trade sideways near $64,000 amid ongoing uncertainty surrounding US monetary policy and geopolitical risks in the Middle East. While BTC struggles to find direction, one analyst predicts that the next uptrend in Bitcoin could come after the US midterm elections. Joao Wedson, founder and CEO of cryptocurrency analytics company Alphractal, has once […]
Following a roughly 30% rally that started as the cryptocurrency hit lows near $1,500, Ethereum (ETH) is now threatening a bearish reversal based on a well-regarded technical indicator. Specifically, the top on-chain analyst on X, Ali Martinez, warned early on July 31 that TD Sequential flashed a sell signal as ETH hit levels close to […]