MarsCat, a renowned Web3 network for blockchain connectivity, has partnered with Cwallet, an inclusive Web3 crypto wallet entity. The partnership attempts to delve into exclusive opportunities that enhance blockchain connectivity and offer a relatively consumer-friendly digital asset experience. As MarsCat mentioned in its official social media announcement, the development is set to bolster Web3 expansion
Bitcoin price fell below $63,000 on Friday as a short-lived rebound in Asian semiconductor stocks faded, adding pressure as the cryptocurrency entered its historically weak August trading period. Bitcoin price falls below $63K as risk assets weaken Bitcoin traded below $63,000 after losing approximately 3% over the previous 24 hours. The decline followed renewed weakness
Bitcoin ETFs are buying again, but Bitcoin is moving in the opposite direction. U.S. spot ETFs pulled in $233.1 million on July 30, led by BlackRock, yet $BTC slipped below $63,000. This has left investors wondering, why is Bitcoin falling while institutions are buying? Bitcoin ETFs Turn Positive After Heavy Weekly Outflows U.S. spot Bitcoin
Bitcoin is pressing into a decisive resistance cluster near $65,000, where a 78.6% Fibonacci retracement and a descending trendline could determine the next short-term move. Improving spot and perpetual-futures demand supports a potential advance toward $67,000 to $68,000, but another rejection could expose support between $62,000 and $63,000. Bitcoin Tests a Critical 78.6% Retracement Below
Bitcoin $BTC$62,885.66 is ending July on firmer footing than many investors might have expected. Yes, it slipped below $63,000 on Friday, down about 3% on the day. But zoom out, and the largest cryptocurrency is still on track to finish the month up roughly 7.5% — a respectable showing considering the list of headwinds markets
Jack Mallers, the CEO of Strike, recently tweeted support for Bitcoin integration, stating, ‘@sndbtc @Strike Yes’. This endorsement underscores the company’s commitment to Bitcoin’s role in the evolving financial landscape. As crypto continues to gain traction, such endorsements may influence market sentiment and institutional interest in Bitcoin. Breaking It Down In a recent tweet, Jack
VanEck’s Bitcoin ETF ends its zero-sponsor-fee period today, July 31, with $1.076 billion in net assets, equal to 43.0% of the waiver’s $2.5 billion asset threshold. The VanEck Bitcoin ETF, which trades as HODL, reported the asset figure as of July 30. It was about $1.424 billion below the threshold, meaning HODL remained fully covered
Bitcoin price fell below $64,000 on July 31 as renewed U.S.–Iran tensions lifted oil prices and strengthened the dollar, while its 4-hour chart formed a bearish rounded-top structure. Bitcoin price falls below key moving averages According to data from crypto.news, Bitcoin ($BTC) price dropped as much as 3.6% from its intraday high on Friday, sliding
Federal Reserve Momentum Fades Bitcoin tumbled on the last day of July, shedding nearly $3,000 during a frantic 12-hour period that saw the cryptocurrency slide toward a two-week low. The plunge, a reversal from Thursday’s price action, significantly altered bitcoin’s trajectory toward a double-digit monthly gain that had looked certain 24 hours earlier. As shown
Crypto.com’s latest snapshot reveals that dormant Bitcoin has hit four-year lows, reflecting a significant trend within the market. The report comes as the Senate delays the CLARITY Act, raising concerns about regulatory clarity in the crypto space. This situation is crucial, as it may lead to increased caution among traders and affect buying strategies moving