Bitcoin price is gaining bearish momentum below $112,500. BTC is struggling to recover and might continue to move down toward the $105,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance
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Today, the price of Bitcoin is around $110,200, which is close to where it was before it fell below its multi-month rising trendline for the first time since April. From the $124,000 area, sellers pushed BTC lower, which caused a sharp rejection that broke the bullish channel. Spot inflows have also turned negative, with $44
As seen in The Pomp Letter Tokenization has become one of the most talked-about trends at the intersection of crypto and financial services. Daily headlines proclaim ‘tokenization is the future,’ while Wall Street executives and consulting firms project trillions in tokenized assets within the next decade. The acronym ‘RWAs’ has expanded in meaning beyond ‘risk-weighted
Zoro is excited to announce its cutting-edge alliance with Fireverse Ventures to merge music with artificial intelligence (AI) and blockchain. Fireverse is the platform backed by notable investors, including Nobody, BingX, OKX Ventures, and Gate. With this support, the platform aims to pave the way for a future where music will be totally free from
Boyaa Interactive expanded its Bitcoin holdings to 3,670 BTC with a $33 million purchase. The acquisition solidifies the company’s vast crypto reserves as it pivots from traditional online games to a pure-play Web3 entity. Summary Boyaa Interactive expanded its Bitcoin holdings by $33 million, bringing its treasury to 3,670 BTC at an average cost of
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) technical outlook has deteriorated over the past 24 hours, with prices dropping below a key moving average for the first time since April. This breakdown has left BTC at a disadvantage compared to major tokens such as Ether (ETH),
MetaMask is a non-custodial cryptocurrency wallet that serves as the primary gateway between web browsers and blockchain networks. Over 100 million users rely on it to interact with Web3 applications while keeping control of their private keys. Since launching in 2016, this browser extension and mobile app have become essential infrastructure for Web3 by removing
Crypto exchange-traded fund (ETF) issuers are likely to partner with centralized staking providers following approval, but will eventually pivot to decentralized protocols as regulatory frameworks mature. The Securities and Exchange Commission’s (SEC) Aug. 5 statement that liquid staking activities and staking receipt tokens do not constitute securities offerings removed the final regulatory hurdle for staking-enabled
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