Bitcoin’s price surged after the US Senate passed a bill to reopen the government, but the rally quickly stalled near a critical resistance level at $108,000. Analysts attribute the sluggish upward momentum to ongoing selling pressure from Long-Term Holders (LTHs), who have liquidated over 370,000 BTC since July. Key Resistance Level Holds Strong Bitcoin’s price
Crypto exchange operator Gemini reported its first financial results as a public company on Monday, revealing a deeper-than-forecast quarterly loss that pushed its stock lower in after-hours trading. The company posted a $159.5 million net loss for the third quarter, driven by higher IPO-related expenses, heavier marketing outlays, and a jump in stock-based compensation, according
As risk assets enter a sensitive phase, many analysts are closely monitoring the 65 Month Liquidity Cycle. This model is believed to have accurately forecasted market peaks and troughs for over two decades. Are we approaching a new tightening phase where Bitcoin faces 20% downward pressure, while Silver emerges as an alternative haven? 65 Month
Bitcoin climbed back above $106,000 on Tuesday, helped by signs Congress can end the 41-day U.S. government shutdown, firmer bets on Federal Reserve rate cuts, and fresh balance-sheet buying from corporates, traders noted. The latest BTC corporate buys from Strategy and Strive, and a cleaner technical setup above $105,000 rounded out five factors supporting the
On Monday, a Bitcoin trader made a purchase worth millions of dollars, buying $10 worth of the digital currency from his online broker and sending it to the popular cryptocurrency exchange Kraken. It should have been a routine deal, but it quickly escalated into a substantial loss. The user did not pay a realistic fee,
Ripple is making a hard push into traditional finance, and the numbers back it up. The company has spent nearly $4 billion this year snapping up financial infrastructure companies in a bid to blend crypto with banking. In an interview with CNBC at the Swell 2025 conference in New York, CEO Brad Garlinghouse made it
Australia-based Propanc Biopharma has announced that it has secured $100 million from a crypto-focused family office to launch a crypto treasury — a move its CEO described as “transformative” as its cancer therapy product enters human trials next year. The private placement, structured through convertible preferred stock, provides Propanc with an initial $1 million investment
On-chain data suggests that institutional investors aggressively bought Bitcoin and Ethereum during the recent market dip. This surge in institutional activity points toward a potential stabilization and reversal of the recent bearish trend. Bitcoin Demand Sees Record Surge in 48 Hours According to CryptoQuant’s “Bitcoin: Apparent Demand (30-day sum)” metric, Bitcoin’s net buying demand surged
The price of Bitcoin rose on Monday as McDonald’s prepared for the McRib’s return in the U.S., mirroring momentum seen alongside the sandwich’s showing last year. For several years, the sandwich’s availability has been informally linked to periods of strength for the leading digital asset by market cap, as well as stock indices like the
The latest report from cryptocurrency exchange Bitfinex reveals that the recent sharp pullback in the market was not a collapse, but a controlled consolidation phase. Bitcoin fell 21.46% from its all-time high in October last week, briefly dropping below $100,000 to $99,045, according to the report. However, this move signals a search for a new