Key takeaways BTC targets the $120k resistance ahead of FOMC. The $116k resistance presents a hurdle to traders despite bullish price action. BTC is still trading below the $116k resistance The crypto market opened the new week bearish but is now on its path to recovery as Bitcoin and other major cryptocurrencies are recording gains.
Bitcoin’s price is currently trading near $115,700 after a steady climb of 3.2% over the past seven days. A key bullish pattern has just flashed on the charts, hinting at higher levels ahead. But the move may not be straightforward — hurdles remain that could slow the momentum. Exchange Outflows Build, but One Key Group
Solana just recorded $2.25 billion in USDC Minted during September, with the last $250 million batch closing out the month at a record pace. Clearly, this is not random market noise. Circle Solana activity has been steady, structured, and large-scale, which points to systematic institutional deployment rather than retail speculation. Circle has already minted about
While the leading cryptocurrency Bitcoin (BTC) last broke through $124,000 in mid-August, it has been on a downward trend ever since. However, it was stated that the decline period for BTC is over. At this point, Bitfinex’s weekly report stated that Bitcoin stopped the 3-week decline and was preparing for recovery in the 4th quarter.
After a turbulent start to September, Bitcoin is still trading just above $115,000, and sell pressure indicators point to a possible accumulation phase. Summary Bitcoin price is consolidating above $115K after a brief dip, with sell pressure showing signs of easing. Accumulation is picking up, suggesting stronger hands are absorbing supply ahead of the next
Datagram Network, a Web3 infrastructure provider, has partnered with Spheron Network, a decentralized compute infrastructure platform. The partnership is aimed at redefining the decentralized AI compute by merging the strengths of both platforms. As disclosed by Datagram Network in its official announcement on X, the collaboration attempts to fortify the DePIN compute’s foundation at scale.
The financial landscape in Hong Kong is witnessing a significant transformation as Yunfeng Financial, a prominent Hong Kong-listed firm, makes a bold move into the digital asset space. This exciting development marks a new era for investors seeking access to innovative Yunfeng Financial crypto services. What’s Driving Yunfeng Financial’s Crypto Ambition? Yunfeng Financial recently announced
An analyst who accurately called the Bitcoin top last cycle believes BTC is gearing up for new rallies toward the end of the year. Pseudonymous analyst Dave the Wave tells his 152,500 followers on the social media platform X that Bitcoin appears to be grinding higher within an ascending channel on the daily chart en
Bitcoin price is once again at the center of a macro storm. The Senate’s confirmation of Stephen Miran to the Federal Reserve Board adds a new layer of political influence to monetary policy just as markets brace for the next interest rate decision. With Trump pressing for aggressive cuts and the Fed walking a tightrope
Around 42% of Bitcoin’s current circulating supply, or 8.3 million Bitcoin (BTC), could be “illiquid” by 2032 at the current rate of Bitcoin treasury firm buying, according to asset management firm Fidelity. In a report published on Monday, Fidelity identified two groups whose supply could be considered illiquid, with the criteria being that their Bitcoin