The Bitcoin (BTC) price has plunged back to the $120,000 level after hitting a new high of $124,196 in today’s trading session. Despite the latest rally, PlanB, the founder of the stock-to-flow (S2F) model, hinted at a bearish prediction, citing Bitcoin RSI. What Bitcoin RSI reveals Drawing on a chart, PlanB revealed in an X
This is a segment from The Drop newsletter. To read full editions, subscribe. Blockchain devs are increasingly centering their new products around user accounts and identities — and are launching their own chains as a result. Zink, an SVM L1 from ATMTA, is the latest new blockchain to join the trend. ATMTA is the studio
Dinari, the leading provider of tokenized U.S. public securities, has launched the Dinari Financial Network—the first Layer 1 blockchain designed to enable omni-chain liquidity and settlement for Dinari’s partner network. Built on Avalanche and powered by AvaCloud, the network deepens liquidity across chains, synchronizes onchain and traditional financial infrastructure, and accelerates Dinari’s mission to deliver
Get ready for a significant development in the corporate world! Nasdaq-listed VCI Global is making headlines with its bold move into the cryptocurrency space. The company plans a substantial Bitcoin purchase, allocating a considerable portion of funds from a recent convertible bond offering to build a robust Bitcoin treasury. This strategic decision highlights a growing
Bitcoin is rebounding to the $120,000 support level after a sharp drop which briefly filled a CME futures gap at $118,335, removing a key technical overhang. In a post on X, analyst Jelle described Bitcoin’s move as a “sharp reaction” to the unexpected jump in the Producer Price Index (PPI), with Bitcoin dropping to clear
Stocks traded lower at open on Thursday, with the Dow Jones Industrial Average falling nearly 200 points as the market reacted to a hotter-than-expected inflation report. Summary Stocks fell as the producer price index came in hotter than expected. Dow dropped sharply before showing a slight recovery, while Bitcoin slipped from all-time highs of $124k
A truly exciting development is currently unfolding in the corporate world, capturing significant attention within the digital asset space. Nasdaq-listed Jeffs’ Brands is making a bold and strategic move, announcing plans to invest a substantial sum – up to $75 million – into an innovative Jeffs’ Brands crypto treasury strategy. This ambitious venture signals a
The cryptocurrency world is buzzing with a groundbreaking announcement! French public company Sequans, a leader in cellular IoT chips, has unveiled an ambitious plan to acquire a staggering 100,000 Bitcoin by the year 2030. This bold move, initially reported by The Bitcoin Historian on X, places Sequans Bitcoin strategy firmly in the spotlight, highlighting a
Bitcoin reached a new all-time high today, but has shed over $5,800 since the high. Here’s what could be fueling the correction. There have been mixed reactions in the cryptocurrency market today, particularly with the massive price fluctuation seen with Bitcoin. Much earlier today, the crypto firstborn attained a new all-time high of $124,277. However,