Binance founder Changpeng Zhao (CZ), who is closely followed by the cryptocurrency industry, continues his posts after the decline last night. CZ stated that declines are normal and that he always buys cryptocurrencies before declines. CZ stated that whenever he made a purchase, there was a decline afterwards, and gave the example of his previous
Bitcoin is once again at the center of market volatility as the crypto king faces a critical technical formation — the head and shoulders pattern. This bearish setup, historically known for signaling trend reversals, suggests the potential for a short-term decline. The combination of technical weakness and outflow dominance is heightening concern among traders. Bitcoin
Bitcoin’s price showed renewed weakness, dipping nearly 4% on Monday. According to a detailed on-chain analysis, this raises the possibility of a test of the crucial $104,000 support level. On-chain data platform Glassnode posted the analysis on X on Tuesday, observing a persistent failure in upward momentum. The firm pointed out, “Since July, BTC has
Bitcoin is trading at $104,376 as of this writing, extending losses from the weekend after hitting highs of $111,190 on Friday and $111,250 by Sunday. The pullback comes even as global liquidity surges to levels unseen since the pandemic, with the US Federal Reserve injecting $125 billion into the banking system over the past five
The BlackRock, the largest assets manager in the world with assets under management of up to 13 trillion dollars, has made a monumental announcement of launching a Bitcoin Exchange-Traded Fund (ETF) in Australia. The move is a historical milestone both to BlackRock and the cryptocurrency industry. The move is a successor to the success of
Nick Szabo, whose early writings helped shape the philosophy of Bitcoin, broke his silence with an unusual thread dissecting what drives the world’s oldest cryptocurrency. According to Szabo, Bitcoin is still climbing its learning curve — not technically, but psychologically — as more and more people begin to understand its role as a trust-minimized, dilution-resistant
The promise of a bullish October materialized only in the first week, when bitcoin skyrocketed to a new all-time high of over $126,000. What followed was an extremely painful month, in which it slumped by twenty grand before it staged some sort of recovery. In contrast, the expectations for November, based on historical performance, have
The Smarter Web Company, a London-listed tech firm, has expanded its Bitcoin holdings once again. The company announced the move through an official RNS. This confirms the purchase of four additional Bitcoin as part of its long-term treasury plan known as “The 10 Year Plan.” https://twitter.com/smarterwebuk/status/1985603183649927564 The latest acquisition reinforces Smarter Web’s position as the
After nearly three months of range-bound trading, the US Dollar Index (DXY) has broken above the 100 mark, its highest level since August, reigniting concerns across risk asset markets. The strengthening greenback is prompting investors to ask: Is this merely a short-term technical rebound, or the beginning of a new liquidity-tightening cycle that could pressure
Amid the bearish pressure that has rocked the market, the Bitcoin price continues to fluctuate around the $110,000 support, especially with selling pressure building up. This has led to predictions that the Bitcoin price is headed for another crash amid the weakness. One analysis that stands out comes from crypto analyst Toby Dawson, who pointed