Bitcoin analysts observing the cryptocurrency’s recent behavior think a major move is imminent, but the direction of the move is yet uncertain. Bitcoin’s Symmetric Triangle Renowned cryptocurrency technical analyst, Ali Martinez, says Bitcoin is bound to break out of a symmetrical triangle soon. The analyst highlighted a pattern on Bitcoin’s 4-hour chart, showing how the […]
Trust Wallet, a self-custody crypto wallet, has announced support for bStocks, giving users direct access to tokenized US securities on BNB Chain through a self-custodial experience. Eligible users can now access tokenized securities 24/7 directly from their wallet, with no traditional brokerage account required. At launch, five tokenized US securities are available: TSLAB (Tesla), CRCLB […]
Michael Saylor, founder of Strategy, one of the world’s largest institutional Bitcoin investors, has clarified the long-debated “never sell” adage. Speaking at a Bitcoin event in Prague, Saylor stated that the company could sell some of its Bitcoin holdings if deemed necessary, emphasizing that his past statements were directed at individual investors. Responding to criticism […]
The Bitcoin market continues to take a hit, and investors both big and small are heavily feeling the ongoing market pressure, which has caused its price to drop to $61,000. The amount of $BTC in profit territory is steadily dropping following the recent decline in price, putting the market in a more bearish condition. Supply […]
There is increasing consensus that Bitcoin’s performance pattern, linked to halving events, may be fully intact. Analyst Benjamin Cowen is the latest to reinforce the four-year $BTC cycle, noting that, The four-year cycle for Bitcoin is not broken. In fact, $BTC’s average drawdown in midterm years is nearly identical to what it is now. According […]
Bitcoin attracted notable accumulation activity as large holders removed substantial amounts of $BTC from exchanges. As reported by Lookonchain, a whale withdrew 2,341 $BTC worth approximately $144.68 million from OKX over five days. In addition, three newly created wallets accumulated another 737.7 $BTC valued at roughly $45.6 million from BitGo. Combined, the purchases exceeded $190 […]
Bitcoin advocate and Strategy founder Michael Saylor argued in a panel discussion that confidence in Ethereum has significantly decreased. Saylor, while evaluating the overall picture in the crypto market, drew attention to the long-standing competition among assets such as Ethereum, Solana, and BNB. He noted that these projects have suffered a loss of “monetary premium” […]
Audiera (BEAT) price surged by more than 57% over the past 24 hours, outpacing the wider cryptocurrency market, which recorded a 2% gain on June 11. The BEAT price added $3.40 on Thursday, trading at around $9.34 at the time of publication. As such, the altcoin’s market capitalization increased by $1 billion over the past […]
The cryptocurrency markets are going through a critical bottoming-out phase, with Bitcoin (BTC) trying to determine its price direction. Sean Farrell, Head of Digital Asset Strategy at research firm Fundstrat, assessed the current market situation in a broadcast he participated in, and made important predictions about Bitcoin and the cryptocurrency ecosystem in general. Farrell warned […]