As Bitcoin (BTC) gains momentum toward reclaiming the $120,000 mark, a cryptocurrency trading expert says the asset’s technical setup points to a potential breakout toward $148,000 in the coming weeks. Notably, BTC has rebounded from its 50-day moving average (MA) near $111,000, holding support for three straight days. This recovery has pushed prices toward the
Bitcoin’s 4-hour chart is about to undergo a technical shift, which doesn’t happen very often. The short-term 23-period moving average, shown in green, has been climbing steadily toward the red 200-period line for a few days, and now the gap between them is so narrow it is almost guaranteed they’ll meet within the next couple
In a lengthy social media post, Danish economist and financial analyst Henrik Zeberg predicted that the price of Bitcoin (BTC) could crash if the tech-heavy Nasdaq 100 index sees a major correction. Zeberg insists that there is nothing inherently special about Bitcoin, arguing that it is a typical risk-prone asset. The analyst is convinced that
Maestro, a leading Bitcoin Finance (BitcoinFi) infrastructure provider, has published the “State of BitcoinFi” report, which brings forward an ecosystem-wide analysis on its financial applications, infrastructure, and ongoing development from a store of value to empowering traditional finance’s (TradFi) on-chain transition. Maestro anticipates volumes to keep surging as enterprises continue to stack BTC in their
SoonChain, an AI-centered L1 blockchain ecosystem, has commenced an official partnership with C4E, a Decentralized Physical Infrastructure Network (DePIN) blockchain popular in the field of energy tokenization, trading, and more. The collaboration endeavors to combine the advanced AI functionalities with cutting-edge blockchain-driven energy infrastructure. As revealed by SoonChain in its official social media announcement, the
According to a report issued by Rankings Latam, Argentina hit a milestone of nearly 20% crypto ownership, surpassing countries like Brazil and El Salvador. The region’s adoption is highly concentrated, with 6 countries hosting over 80% of the crypto ownership. Argentina Leads Crypto Adoption in Latam Once Again Latin America (Latam) is one of the
Fed Governor Michelle Bowman is pushing for a September rate cut, with the U.S. labor market softening. A Fed rate cut is significant, considering the positive impact it could have on the crypto market. Recent data shows that there is a high probability that the FOMC will lower rates at the September meeting.
Strategy executive chairman and Bitcoin maximalist Michael Saylor showed no signs of worry about the growing treasury interest in Ether and other cryptocurrencies. “I think there is an explosion of innovation across the entire crypto economy, and on the margin it is good for everybody in the digital asset space,” Saylor said during a Bloomberg
Economist Henrik Zeberg has warned that Bitcoin (BTC) is far from being a unique safe haven, instead describing it as a highly risk-prone asset that mirrors the performance of the Nasdaq. According to Zeberg, both markets are closely interconnected due to their ties to the technology sector, he said in an X post on August
OTalk is excited to officially collaborate with Stability World AI to redefine the creative landscape of Web3. This partnership represents a significant milestone in empowering creators globally by infusing artificial intelligence, entertainment, and blockchain-driven opportunities. https://twitter.com/LioraTool/status/1954118060404863176 Liora, a groundbreaking Web3 and AI ecosystem, has announced this exciting advancement through its official X account. OTalk is