The Bitcoin price holds $62,200 support with the formation of a double bottom reversal pattern. Historical cycle data suggests prior bear phases lasted around 21–23 months from peak to bottom. A bullish divergence in daily Relative Strength Index 43% suggest a potential recovery in near term. On Wednesday, the Bitcoin price experienced a strong inflow
Blockchain intelligence firm Arkham recently identified a public Ethereum address belonging to the LinkedIn co-founder and venture capitalist, Reid Hoffman. Their tracking data shows that Hoffman holds a substantial $6.1 million strictly in $ETH. This shows that he has a heavily concentrated “long” position on the asset. On top of his liquid $ETH holdings, Hoffman
Block (XYZ) Surges 25% After Slashing Workforce by Over 40% and Raising Profit Outlook Block, Inc. will cut more than 4,000 employees, reducing its workforce by nearly half as the company restructures around artificial intelligence and a leaner operating model. The layoffs, announced Thursday in a shareholder letter, will shrink headcount from more than 10,000
The total fees paid on the Binance Smart Chain (BSC) recently fell to approximately $593,000, marking the network’s lowest usage cost since at least August 2025. This collapse in transaction activity on one of crypto’s busiest highways is reviving memories of a similar demand drought last summer that immediately preceded a 95% rally in Bitcoin
As discussions continue regarding the ongoing decline in cryptocurrency markets, Qiao Wang, co-founder of Alliance, shared a noteworthy opinion. According to Wang, the primary factor determining Bitcoin prices is not macroeconomic developments or external shocks, but largely technical analysis and investor psychology. In a statement made on social media, Wang noted that investors have been
Real estate mogul Grant Cardone is preparing to tokenize his firm’s $5 billion real estate portfolio, the latest property heavyweight to explore blockchain-based ownership. In a Thursday X post, the investor said that Cardone Capital plans to tokenize its holdings to give investors “collateral and liquidity in the secondary markets.” He added that the firm
On Feb. 26, BlackRock purchased roughly 4,309 $BTC, valued at around $289.6 million, within just one hour. The transfers were from the Coinbase Prime hot wallets to the iShares Bitcoin Trust (IBIT) wallets. The move occurred amid the largest daily inflows into U.S. spot Bitcoin ETFs in the last two weeks.
After a brief period of optimism in the cryptocurrency markets, selling pressure has returned. Bitcoin, following yesterday’s sharp recovery, fell again today, weakening investors’ hopes of a “bottom formation.” Bitcoin, the world’s largest cryptocurrency, fell by as much as 3.5% to $66,511. Just a day earlier, it had approached the $70,000 level for the first
In a 48-hour period at the end of January, the two largest decentralized social protocols underwent major leadership changes. Farcaster shifted stewardship of its protocol, flagship client, and leading Base launchpad, Clanker, to its primary infrastructure provider, Neynar. Concurrently, Lens Protocol announced its transition from Avara (the team behind Aave) to Mask Network. The suddenness