Bitcoin, the world’s most valuable coin, is at a key level as market participants watch its price movement closely. On shorter time frames, the four-hour and six-hour charts are showing oversold RSI levels and bullish divergence, according to a chart from Scott Melker. These signals come at an important $112,000 support mark and coincide with
On Friday, bitcoin is trading at $112,264 per coin as of Aug. 22, 2025, with a market capitalization of $2.23 trillion and a 24-hour trading volume of $32.51 billion. The digital asset’s price ranged between $112,023 and $113,827 throughout the day, reflecting tight intraday consolidation. Bitcoin The broader daily trend remains bearish following bitcoin‘s rejection
London’s once-prized IPO market has slumped to its weakest level in three decades, even as the US enjoys a resurgence powered by crypto and AI listings. The contrast reflects a structural realignment in global capital flows, with new-economy sectors choosing New York over London as their preferred launch pad. London IPO Market Stumbles to a
Bitcoin, Ethereum, and the overall crypto market remained calm ahead of a speech by US Federal Reserve Chair Jerome Powell in Jackson Hole. Bitcoin Holds at $113,000 Ahead of Jackson Hole Bitcoin fell 0.74 percent in the last 24 hours to $112,018, while Ethereum fell 0.1 percent to $4,204. Vincent Liu, Investment Director at Kronos
Crypto-linked stocks and digital assets surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September. The tone marked a shift after weeks of growing investor doubt that the Fed would act before year-end. Bitcoin BTC$115,244.11 and ether (ETH) both moved higher following
Matrixdock has launched its flagship gold-backed token, XAUm, on the Sui blockchain, marking the first issuance of XAUm on a non-EVM chain. Summary XAUm is backed 1:1 by LBMA-accredited gold of 99.99% purity and audited by Bureau Veritas. The Sui blockchain was chosen for its parallel execution, sub-second finality, and horizontally scalable infrastructure. Matrixdock, Asia’s
Key Takeaways Eric Trump plans to attend Metaplanet’s key shareholder vote in Tokyo focused on Bitcoin capital strategy. Metaplanet has accumulated over $2 billion in Bitcoin, with its shares surging 140% this year. Eric Trump, a member of Metaplanet’s Strategic Board of Advisors, plans to visit Tokyo next month to attend the company’s key shareholder
China appears to be weighing the launch of a yuan-backed stablecoin, with an initial rollout in Hong Kong and Shanghai, a surprising shift after years of cracking down on crypto while promoting its central bank digital currency, the digital yuan. In the latest episode of Byte-Sized Insight, Cointelegraph spoke with two leaders analyzing China’s potential
Top Win International changed its corporate name to AsiaStrategy on Aug. 22 in Hong Kong, kept its Nasdaq ticker SORA, and began accepting Bitcoin for watch sales, the company said. The move follows a months-long restructuring that brought Sora Ventures into Top Win’s public company structure in May, a path that avoided a separate listing
Mike McGlone, the senior commodity strategist at Bitcoin Intelligence, has returned to the X platform after a break, posting a tweet about Bitcoin, the Federal Reserve, and inflation. He believes that a further Bitcoin price increase would indicate one thing, which the Fed will definitely not like. Meanwhile, BTC continues to drop and has shed