While still in the capitulation zone, history shows that Bitcoin is approaching levels at which it reaches its price bottom and begins to recover. This would come as a relief to diamond-handed users who have held through the several months of price correction. Notably, $BTC has been in a 4-month downtrend, and all indications point
Bitcoin price is approaching a critical $65,000 support zone where Fibonacci and channel confluence suggest a potential local bottom may form before a strong relief rally unfolds. Summary Rising channel support and 0.618 Fibonacci converge near the $64,400–$65,000 zone Local downtrend likely persists until stronger support is tested Bullish volume at support could spark a
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Transak has completed its integration with MegaETH, enabling users to purchase $ETH directly on the high-speed Layer 2 network using standard fiat payment methods. Transak, the web3 payments infrastructure provider, announced its full integration
Ripple and Stellar Lead the Charge in Transforming Cross-Border Payments Top crypto researcher SMQKE notes that only Ripple ($XRP) and Stellar ($XLM) are effectively offering DLT to correspondent banking infrastructures, positioning them to transform the more than $100 trillion cross-border payments industry. Cross-border payments, long slowed by multiple intermediaries, high fees, and delayed settlements, are
ETHZilla (ETHZ) has unveiled a tokenized aviation asset, marking a major step in its plan to bring income-producing real-world assets onto Ethereum. The new offering, Eurus Aero Token I, gives accredited investors access to lease income from two commercial jet engines currently in use by a major U.S. airline, ETHZilla announced on Thursday. The deal,
The Joint Chiefs of Global Tax Enforcement (J5) published two advisories on Thursday warning that over the counter (OTC) crypto trading desks and payment processors are being used to obfuscate and move funds tied to criminal activity. The group, which is made up of tax bodies from Australia, Canada, the Netherlands, the U.S. and the
Wall Street’s confidence in Coinbase Global Inc. (COIN) continued to crumble Analysts at Monness, Crespi, Hardt has slammed cryptocurrency giant Coinbase with a rather rare double downgrade. The stock of America’s leading cryptocurrency exchange has been slashed directly from “Buy” to “Sell.” The firm cited “prolonged crypto market weakness” as the key reason behind the
Bitcoin ($BTC) reached its all-time high of $126,000 at the beginning of October. This was followed by one of the biggest cryptocurrency crashes in history, the October 10th drop. Following this crash, Bitcoin entered a downtrend, and last week it tested the $60,000 level. At this point, while predictions that $60,000 could be the bottom
The Bhutan Government is cutting its Bitcoin holdings again as the $BTC price weakness continues. Today, the Royal Government of Bhutan reduced its Bitcoin stash to 5,600 $BTC, valued near $385 million. The move comes as market sentiment worsens, with CoinMarketCap’s Fear & Greed Index falling to 8, even as Bitcoin showed a slight recovery.
The crypto market is beginning to return to the green zone as leading cryptocurrencies are beginning to show decent increases after the recent market crash. While there are multiple indications that the market is seeing shifting sentiment and is about to see broad market resurgence, data from SosoValue shows that $XRP ETFs recorded zero daily