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Bitcoin price corrected losses and traded above the $114,200 level. BTC is now struggling and might face hurdles near the $116,000 level. Bitcoin started a recovery wave above the $114,000 resistance level. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at
The global crypto market is showing signs of stabilization after one of the most volatile weeks of the year. Total market capitalization stands at $3.88 trillion, up 0.28% in the last 24 hours. Bitcoin reached a new all-time high earlier this week, even as the market endured its largest leverage wipeout in history. Nearly $19
A reported $600 million BNB fund signals a shift in Asia’s crypto strategy. Asian institutions are favoring ‘infrastructure tokens’ over store-of-value. The West tokenizes TradFi, while the East builds crypto-native liquidity. On the surface, it looks like a straightforward bet on a crypto behemoth. The reported plan by China Renaissance to raise 600 million dollars
The Bitcoin price remains under pressure even after rebounding from its post-crash lows. Over the past 24 hours, BTC has slipped 1.4%, extending its weekly loss to nearly 9%. While the market appears to have stabilized since the “Great Reset,” Bitcoin’s price structure still leans a tad bearish — and one key level (mentioned in
Tesla CEO Elon Musk, known for his support for cryptocurrencies, especially Dogecoin (DOGE), made a new post about Bitcoin (BTC) on X. Responding to a post by user X named Zerohedge, Elon Musk said that Bitcoin is energy-resistant and cannot be counterfeited. Musk made this statement in response to a post by financial news site
Bitcoin price today trades near $113,700, consolidating after a sharp pullback from the $124,000 resistance zone. The selloff found footing near the $113,500 level, aligning with the 100-day EMA and a critical trendline support that has contained every major correction since May. Bulls now face a test to reclaim $116,500 and restore momentum before deeper
The Hyperliquid whale that banked $192 million shorting the recent market crash has doubled down on their new short position, having now loaded up almost half a billion over the past two days. According to data from Hyperliquid block explorer Hypurrscan, the whale now has a short position worth around $496 million, at 10x leverage
Metaplanet, a Japanese Bitcoin treasury company, has seen its enterprise value fall below the value of its Bitcoin holdings, entering uncharted territory as one of the world’s largest public holders of the asset. Metaplanet’s market to Bitcoin NAV (mNAV) — a ratio between the company’s value and its Bitcoin (BTC) holdings — dropped below 1
U.S. spot bitcoin exchange-traded funds (ETFs) recorded their largest combined daily outflow since Sept. 26 on Monday, with $326.4 million exiting the market, according to Farside data. However, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot bitcoin ETF by assets on the market, bucked the broader trend by continuing to see inflows. Over the past