Bitcoin (BTC) has traded mostly sideways this week, hovering near $121,300 after a mild 1% weekly rise. On the surface, the Bitcoin price move seems uneventful, but a closer look at key chart structures and investor behavior suggests that the next big breakout might need one more correction before it happens. Some crucial indicators —
Algorand Foundation, a non-profit organization established to support the development, adoption, and growth of the Algorand blockchain ecosystem, has disclosed its strategic partnership with Pera Wallet, a non-custodial cryptocurrency wallet specifically designed for the Algorand blockchain. The main purpose behind this collaboration is to expand the use of Pera Card as a seamless crypto payment
China stepped up rare earth export controls on Thursday in a rare move that could have widespread implications for global supply chains and both traditional and crypto market sentiment. China’s Ministry of Commerce announced sweeping new export restrictions on rare earth materials, processing technologies and derivative products used in semiconductors, AI systems and defence. The
Mitsubishi UFJ Financial Group launched a security token platform for retail investors. The move enters a market that has grown to $1.27 billion (JPY 193.8 billion) in cumulative issuance as of August 2025. ASTOMO, the new platform, allows individuals to invest in fractionalized real estate starting at $653 (JPY 100,000). This lowers the entry point
Bitcoin has dropped below the key 120,000 dollar level amid a fresh sell-off. The market is showing signs of low volume and a lack of upward momentum. Key on-chain data shows a lack of bid support below the 120,000 dollar mark. The triumphant return of the bulls has proven to be a fleeting and fragile
Hong Kong is scaling up its digital yuan infrastructure, adding more merchants accepting e-CNY payments. Authorities are also exploring raising transaction caps and expanding wallet functionality, which are part of broader efforts to deepen cross-border payment integration with mainland China. Current Limits Under Review Hong Kong’s government is working to expand China’s digital currency reach
Bitcoin holders may want to rethink their price targets for 2025, with one Bitcoin analyst arguing that $110,000 has been firmly established as Bitcoin’s new bottom. “You can kind of start lifting some of your targets and saying, “Well, because we’ve proven 110, that’s the floor, where do we go from here?” James Check said
Bitcoin price corrected gains and traded below the $124,000 level. BTC is now struggling and might continue to move down below $120,000. Bitcoin started a downside correction below the $123,200 level. The price is trading below $123,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $122,750
The Japanese yen has weakened significantly, trading past ¥153 per US dollar for the first time since February. This has reignited concerns over the yen carry trade and its potential to trigger a global financial upheaval. The Bank of Japan faces a critical choice: raise interest rates to support a plunging yen, or maintain current
Financial institutions are quickly waking up to the “debasement trade,” according to commentators, which could be a boon for assets such as gold and Bitcoin. Institutions have a new concept to cling to called the “debasement trade,” which will be the thing that protects them, said entrepreneur Anthony Pompliano in a podcast on Thursday. It’s