Bitcoin is moving closer to a major resistance zone, with the price building pressure near $110,800. A possible ascending triangle pattern is forming, which could signal a continuation if confirmed. Bitcoin Builds Structure Near Resistance The daily chart shared by Rekt Capital shows a rising trendline with flat resistance around $110,800. This setup suggests a

So far, “Uptober” has not been living up to its name this year, and Finbold’s AI prediction agent suggests that Bitcoin (BTC) is likely to slip even further by Halloween. The crypto is currently trading at around $111,280, having suffered a monthly drop of 1.48% as a result of mounting selling pressure and weakening institutional

One of the oldest wallets on the Bitcoin network moved over $400 million BTC after a curious legal challenge by an entity claiming to be Salomon Brothers. Funded with 4,000 BTC on June 27, 2011 when 1 coin was worth just $17, the wallet had ballooned from less than $70,000 to over $400 million by

Bitcoin’s short-term momentum has softened following the sharp market decline on October 10. Nonetheless, on-chain data platform CryptoQuant reports that its long-term structural demand remains robust. In a report published Friday, the firm cautioned that it is too early to view the current market as a “season finale.”. Another research firm, Tiger Research, projected a

Key Takeaways Rumble is expanding creator monetization options with Bitcoin and crypto tipping. The move reflects a broader trend of digital platforms integrating decentralized payment solutions. Rumble, a video-sharing platform, plans to introduce Bitcoin and crypto tipping functionality for its 51 million users. The integration will allow creators to receive Bitcoin payments directly from viewers,

Bitcoin’s recent push above $110,000 faces headwinds as crucial on-chain metrics reveal that capital inflows are beginning to slow, casting doubt on the rally’s immediate sustainability. Currently trading near $111,200, Bitcoin sits precariously within a key price zone that analysts identify as pivotal for determining the next major move. A flattening in investor momentum, highlighted

Traders are betting on the FOMC to make two more rate cuts this year following the release of the September CPI inflation data. This provides a bullish outlook for the crypto market ahead of next week’s FOMC meeting, where the committee could make the first of these two projected Fed rate cuts.

Friday’s consumer price index (CPI) is the only official economic data that has been published during the ongoing U.S. government shutdown. Bitcoin Tops $111K As Inflation Cools The pace of inflation was slower than what many economists predicted according to the latest CPI report published by the U.S. Bureau of Labor Statistics (BLS) on Friday

US inflation ticked up to 3.0% year over year in September, and futures markets still price a Federal Reserve rate cut next week. Headline CPI printed 3.0% on the year and 0.3% on the month, while core CPI held at 3.0% year over year and 0.2% month over month. Gasoline rose 4.1% on the month

According to Bloomberg, Tether CEO Paolo Ardoino announced that the company is expected to report a net profit of approximately $15 billion this year. Ardoino stated that this figure is an extraordinary achievement for the company and that they have reached a profit margin of 99%. Tether continues its rapid growth in stablecoin issuance while

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