Bitcoin closed above its 365-day moving average for the first time since March 2023, successfully breaking through a long-term trendline that has accurately predicted the start of every bull run since 2019. Surging into the $85,897 zone, the price completely absorbed a massive wall of sell orders that had been holding the market back since
Over the past 18 months, the vast majority of publicly traded companies that pivoted to a $BTC treasury strategy have lost money since their initial purchase announcement. Globally, nearly 200 public companies hold $BTC, according to monitoring service Bitcoin Treasuries, although most have small market capitalizations. Many adopted their digital asset treasury DAT during a
Bitcoin is trading at $86,074, stuck between $85,000 and $88,000, unable to break either level. DeFi strategist Penguin X says this isn’t random, it’s the direct result of heavy options positioning that’s been boxing the price in. Why Bitcoin Can’t Move According to the analysis, $85,000 currently holds the most money in the options market.
Bitcoin ($BTC) fluctuated around $86,000 on Tuesday as crude-oil prices hit their lowest levels in nearly three weeks. Key points: Bitcoin consolidated at around $86,000 after hitting fresh 33-week highs on Monday. US president Donald Trump told the UN that a deal to end the war with Iran could come after November’s midterm elections. WTI
Bitcoin’s [$BTC] recent recovery is gaining significance as buyers reverse a deep pullback into a move above a key resistance zone. After falling toward $76,000, $BTC gradually rebuilt demand and reclaimed $82,000 before accelerating toward $87,000. The rapid recovery was also enough to get Bitcoin [$BTC] over $85,000 for the first time since January, which
Six of Canada’s largest banks are exploring a Canadian-dollar tokenized deposit system designed to move money faster between financial institutions and eventually connect with other digital asset initiatives, TD Bank announced Tuesday. Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank Group form the
Bitcoin, the leading cryptocurrency, has experienced a significant surge in recent days, surpassing $87,000 for the first time in almost eight months. As bullish expectations for $BTC continue to rise, analyst PlanB, known for his S2F model, has also provided his latest assessment. The $53,000 Scenario for Bitcoin is Weakening! Renowned analyst PlanB believes that
Infamous entertainers Logan and Jake Paul, who are now making PR stops at the Treasury and the Department of War, are also heavily invested in gambling, AI, drones, and defense contracts, according to the website for their venture capital fund, Anti Fund. Their portfolio includes Anduril, OpenAI, SpaceX, Kela Technologies, Polymarket, and Flock, which calls
Tokenized real-world assets are no longer just about moving traditional instruments onchain — they’re starting to get put to work. That’s the core message from a new report by Binance Research, the research arm of the Binance exchange, titled “The RWA Activation Era.” The study argues that the tokenization story is entering a second phase,