Bitcoin’s price fell nearly 6.50% this week, largely driven by liquidations in long positions. Analysts focus on the $109,000 support level, with potential downside if it’s broken. A $484 million outflow from Bitcoin ETFs highlights weakened institutional demand this week. The market is witnessing a massive change with Bitcoin slumping down to $109,000, which is
Stocks were higher in early trading on Friday as the market reacted to the latest U.S. inflation data. Summary Dow jumped over 350 points as investors reacted to key inflation data. Core personal consumption expenditures price index data came in at 0.29% annually in August. Wall Street was higher after three days of losses. The
Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is believed to hold an estimated 1.096 million BTC, according to Arkham data. Satoshi’s wallet, which made all its holdings from mining the network in its earliest days, has remained untouched since 2010, when it was run on a few laptops. Satoshi accumulated this Bitcoin, mining over 22,000 blocks between
Paolo Ardoino, the CEO of leading stablecoin issuer Tether, emphasized that the greatest rewards will be reserved for those who adopt Bitcoin early. Speaking in a recent episode of the Blockstream Talk podcast, Ardoino highlighted the transformative power of Bitcoin and the significant advantages awaiting early adopters. He pointed to El Salvador as a real-world
KuCoin Web3 and Baby Shark Universe (BSUniverse) Wallet signed a strategic partnership that will transform the most popular children entertainment IP into a hybrid Web3 environment. The partnership is a significant move towards the widespread adoption of Web3, as it ensures the integration of blockchain solutions to millions of fans across all regions of the
Spot rebound incoming as Bitcoin slips below $109,000: the bid-ask spread becomes favorable on major exchanges, even though futures pressure limits the momentum. In this context, volatility remains high at critical levels, as confirmed by data from HyblockCapital and Velo. The scenario is consistent with market notes published by Cointelegraph and with on-chain trends analyzed
The digital asset world often sees its leaders engage in high-level discussions and strategic moves. However, sometimes, it’s the personal touches that truly resonate. Recently, Changpeng Zhao, widely known as CZ, the visionary founder and former CEO of Binance, offered a delightful glimpse into his personal preferences during a visit to South Korea. His candid
Crypto analyst Kevin (Kev Capital TA) told viewers late on September 25 that Bitcoin’s pullback is tracking a familiar seasonal and structural script—and that the market’s next major impulse hinges on a clearly defined support range. “Hold $107k to $98K,” he said, calling the zone the fulcrum for the bull cycle’s next leg. “That’s it.
The financial world is constantly evolving, and a recent development promises to push the boundaries even further. Imagine an investment vehicle that not only offers exposure to the dynamic world of cryptocurrencies but also champions environmental responsibility. This is precisely what 7RCC is proposing with its innovative application for a Bitcoin Carbon Credit ETF. This
The Bank of Korea (BOK) reports that South Korean investors’ total crypto holdings have fallen by 27% in just six months. Trading volume and deposits also shrank during the same period, confirming a significant slowdown in the domestic market. South Korea is classified as a market with a very high capacity for spot cryptocurrency purchases