MicroStrategy stock is trading below $374 neckline with signals pointing at a strong bearish move toward $300. Fibonacci retracement levels at $402 and $394 failed to hold with $337 and $318 now acting as key markers. The next sessions will decide if MSTR holds support near $350 or accelerates into deeper decline toward $300. MicroStrategy
Story Highlights Celsius has cautioned creditors from falling prey to rising phishing scams. The Celsius creditors are set to recover 67% to 85% of their holding through the stipulated recovery plan. The third Celsius distribution will happen via the same methods including PayPal, Coinbase, Venmo, and Hyperwallet. Celsius, a defunct cryptocurrency lending platform currently undergoing
Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed’s release of the FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday. Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200. XRP tumbled 6.2%,
Crypto stocks took a sharp nosedive Tuesday as investors dumped tech and risk assets after a strong rally last week that had been fueled by growing speculation around interest rate cuts, but that momentum broke hard as traders got spooked by rising uncertainty ahead of Federal Reserve Chair Jerome Powell’s upcoming remarks in Jackson Hole,
The race to build crypto treasuries is accelerating. Alongside high-profile ventures raising billions, blockchain native protocols themselves are exploring new ways to lock value into their ecosystems, and in some cases, even reimagine what a treasury can do. On Aug. 7, the Chainlink network announced its own reserve, designed to accumulate the protocol’s native token
Bitcoin is under pressure after struggling for several days to hold above the $120,000 mark, and now the $115,000 level has become the key battleground. The latest price action shows increased volatility as momentum shifts toward the bears, raising concerns about whether BTC can sustain its consolidation range or risk breaking lower. Despite reaching new
Polkadot has launched Polkadot Capital Group, a capital markets division that connects traditional finance with its blockchain ecosystem. This move positions it at the centre of tokenization and DeFi to attract institutional players as digital assets gain traction. The division will showcase practical use cases in decentralized finance, staking and the fast-growing area of real-world
Bullish Inc. (NYSE: BLSH), a global digital asset platform catering to institutional clients, announced Tuesday it has received $1.15 billion in proceeds from its initial public offering (IPO), settled entirely in stablecoins. According to an announcement from the Cathie Wood favored firm, the transaction marks a significant milestone for the use of blockchain-based currencies in
Fed officials have long been unusually divided on the issue of interest rate cuts. The minutes of the July meeting, to be released today, will reveal just how deep this division runs. The Fed minutes will be released today at 9:00 PM (UTC+3). Bitcoinsistemi.com will be providing all the information immediately. At the Federal Open