Bitcoin’s failure to hold above $120,000 was accompanied by a surge in selling from large holders, marking what analysts call the “third major profit-taking wave of this bull run.” Realized profits on Bitcoin (BTC) spiked to between $6 billion and $8 billion in late July — levels that coincided at or near local tops in
Following in the President’s footsteps, his sons, Eric Trump and Donald Trump Jr., are also making inroads in the crypto industry. According to a securities filing made public on Tuesday, Eric Trump is set to become one of the wealthiest individuals in the crypto industry following a merger between Gryphon Digital Mining and American Bitcoin
Oasys Blockchain has announced a strategic collaboration with Bifrost Network. Oasys Blockchain is an open-source blockchain with a specialty in gaming. It aims to provide a quality blockchain gaming experience to users. On the other hand, Bifrost Network is a cross-chain Layer-1 platform that supports both EVM and non-EVM networks, designed to provide an enhanced
A prominent crypto analyst believes Bitcoin could be on a path to $150,000 following a confirmed breakout on the weekly chart. In a post on X, analyst Lark Davis pointed to an inverse head and shoulders pattern, a technical structure often associated with bullish trend reversals. The breakout occurred just above the pattern’s neckline, around
In a recent tweet, Max Keiser, a former financial journalist and currently the Bitcoin advisor to El Salvador president Nayib Bukele, took a jab at central banks, mentioning BTC as something that is destroying them gradually. Keiser has commented on a recent speech made by the president of the European Central Bank, Christine Lagarde, in
Shares of Figma (FIG) rose 198% on its first day of trading on the New York Stock Exchange after the company raised $1.2 billion for its Wednesday initial public offering (IPO). The firm priced shares at $33 a share under the ticker “FIG,” valuing the company at about $20 billion. The stock changed hands at