Bitcoin is approaching a pivotal technical test, with one setup pointing to a potential rebound from $78,000 toward $83,000-$84,000 and another showing the 50-week moving average as the next major hurdle. The outlook remains conditional: holding short-term support could extend the recovery, while rejection near $80,350 would keep downside risk in play. Bitcoin Could Retest
Crypto and blockchain companies disclosed $292.35 million across 10 funding deals between Aug. 31 and Sep. 5, 2026. Félix led the week with a $200 million financing package that combined equity and debt, while bank-backed digital money network Cari secured $32.5 million. OpenReserve and Diameter Pay also attracted funding for regulated banking and stablecoin payment
Although Bitcoin has recently slumped below the $80,000 mark following a recent market correction that has caused Bitcoin to flip to the red territory, Kalshi traders are still bullish on the asset. While optimism appears to have remained high, the latest data from the crypto market prediction platform Kalshi shows that traders are betting on
CryptoQuant data shows that bitcoin investors started realizing major profits after the explosive August rally, disposing of roughly 110,000 $BTC in just a few weeks. Such highly concentrated profit-taking developments have historically been followed by substantial price correction for the underlying asset, the analysts warned. Moreover, several demand indicators have weakened, which could add to
Bitcoin recorded two consecutive lower daily closes after facing rejection at $82,000. $BTC fell to $78,000 before recovering slightly. At press time, Bitcoin traded around $79,621, down 1.6% daily. Its Trading Volume also declined 18%, reflecting slower market activity. Despite weakening price momentum, institutional investors continued accumulating Bitcoin. Why is Morgan Stanley buying Bitcoin? Bitcoin
Fundstrat Granny Shots US Large Cap ETF (GRNY), managed by BitMine Chairman Tom Lee, has sharply increased its position in Strategy (MSTR) just weeks before Strategy’s stock surged 46%. The move pushed MSTR from one of the fund’s smallest holdings to its largest, surpassing Robinhood (HOOD). This raised questions about why GRNY increased its exposure,
In a surprising turn, TheFlowHorse has taken to Twitter to critique prevailing trader sentiment regarding Chainlink. He calls out what he describes as ‘confidently stupid takes’ amidst rising bullish energy in the market. This commentary underscores the polarizing views that traders hold as the crypto landscape evolves, indicating a need for caution despite the bullish
Optimism has highlighted notable developments within its ecosystem, including growth in private DeFi and stablecoin sectors. This information, shared via a recent tweet, emphasizes the increasing activity on the OP Stack. As more users engage with these features, the implications for the broader crypto landscape could be substantial, particularly in decentralized finance. Inside the Move
Demand for dollar-backed stablecoins can push national currencies lower once global exchanges allow investors to buy the tokens directly with fiat currency, a Bank of Korea study found. The study by researchers Jihyun Kim and Sangheum Cho examined what happened when Binance introduced direct trading between currencies, such as the Brazilian real and dollar-pegged stablecoins