Bitcoin is testing a months-long descending resistance line near $64,000-$65,000 after two earlier rejections, putting the next daily close in focus. At the same time, a separate weekly chart outlines a deeper downside scenario toward roughly $52,000-$55,000 before any larger recovery, making support and breakout confirmation the key signals to watch. Bitcoin Tests Descending Trendline
Alex Scoresby, founder and CEO of Kapcrew Gaming, the studio behind the multi-chain board game Pixudi, recently participated in NeoPod’s fifth community AMA. During the wide-ranging conversation, Scoresby revealed that Neo N3 and SKALE are now the only two blockchain integrations still active for Pixudi, down from roughly ten. The AMA, hosted on NeoPod’s Discord
Bitcoin Knots advocate Dathon Ohm has stated that signaling for BIP-110 is expected to begin in approximately 40 hours. BIP-110 is a proposal aimed at reducing the amount of data that can be stored in Bitcoin transactions, specifically targeting non-monetary uses such as Ordinals. What is BIP-110 and Why It Matters BIP-110, short for Bitcoin
Justin Mateen, a director of the board at American Bitcoin (ABTC), the mining company backed by U.S. President Donald Trump’s family, purchased nearly $1.93 million worth of the company’s stock over two consecutive trading sessions this week, following the company’s latest earnings report. According to regulatory filings, Mateen bought about 145,000 Class A shares on
CoinDesk’s subsidiary and affiliate Bullish reported a 42.9% year-over-year drop in July trading volume even as its company-defined average trading spread widened 72.4%. The two figures produced a derived volume-times-spread proxy that remained slightly below its level a year earlier, so the wider spread did not fully counter the loss of activity on that calculation.
Bitcoin price has continued to trade within a narrow range around the $65,000 mark, but on-chain data suggests large investors are quietly accumulating despite cautious retail sentiment. Fresh whale transactions worth over $127 million, coupled with Santiment data showing continued accumulation by key stakeholders, indicate growing confidence among institutional players. As $BTC approaches a major
Bitcoin ($BTC) derivatives trading volumes are now nearly eight times higher than spot markets on Binance. Key points: Bitcoin daily spot trading volumes on Binance are diverging from futures more than ever. Spot demand has declined in recent months, while futures demand is still net positive, per data from CryptoQuant. Options traders are hedging for
Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices. The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows. The move coincided
Bitcoin ($BTC) hit new August highs into Friday’s Wall Street open as markets reacted to weaker US jobs numbers. Key points: Crypto and risk assets gained after US nonfarm payrolls fell by 23,000 in July. Fed interest-rate bets for September shift from a 0.25% hike to a pause on signs of a weaker labor market.
Trump Media and Technology Group (TMTG), under new management, is redefining its strategic focus while backtracking on some of its plans in the cryptocurrency space. The Truth Social parent company is ending two previously announced deals with Crypto.com, aiming to redirect its resources to media operations and its planned merger with fusion energy company TAE.