Bitcoin may struggle to sustain its upward trend unless something triggers more excitement among investors, according to Glassnode. “Without a renewed catalyst to lift prices back above $117.1k, the market risks deeper contraction toward the lower boundary of this range,” Glassnode said in a report published on Wednesday. Bitcoin (BTC) is trading at around 5%
Bitcoin is lagging in October, but analysts say its stability signals strength. The “digital gold” is failing to rally alongside gold, which is hitting new highs. One analyst says a massive move, similar to late 2024, “will start very soon.” A strange and deceptive calm has settled over the Bitcoin market. While its analog cousin,
YZi Labs has led a $50 investment million in Better Payment Network, supporting its plan to build a programmable global payment layer centered on stablecoins. Summary YZi Labs led a $50M funding round in BPN to expand stablecoin payment infrastructure on BNB Chain. BPN enables multi-stablecoin minting, swapping, and settlement via CeDeFi rails. Funds will
Bitcoin’s latest pullback has cleared the decks for a potential rebound, but conviction is scarce. “It was a structural flaw magnified by excessive leverage and thin liquidity,” Thiago Duarte, Market Analyst at Axi, told Decrypt. After a $19 billion leverage washout and cooling ETF demand last Friday, the market is now in a wait-and-see mode.
Bitcoin price is struggling to settle above $113,500 and $114,000. BTC is now consolidating and might start another decline below $110,000. Bitcoin started a fresh decline after it failed to clear the $114,000 resistance level. The price is trading below $113,000 and the 100 hourly Simple moving average. There is a bearish trend line forming
Key Highlights U.S. President Donald Trump has said that the country is in a trade war with China at present The cryptocurrency market has not reacted quickly to Trump’s new remark after witnessing a historic crash last week “There was a big crash, but it worked,” says MIT’s digital currency expert Today, U.S. President Donald
Pierre Gramegna, the managing director of the European Stability Mechanism, warned in Washington on Wednesday that stablecoins could endanger global financial stability if they are not properly guaranteed or regulated. Gramegna’s comments came during the International Monetary Fund’s annual meetings, where he said that if stablecoins ever became mainstream without being tied to central bank
Bitcoin’s claim as a Wall Street hedge took a hard hit this week after the crypto market crashed in what traders called one of the most violent selloffs since 2022, according to Bloomberg. The OG crypto that investors once treated as “digital gold” slumped as over $19 billion in leveraged positions were wiped out within 24
US President Donald Trump has confirmed the US is in an active trade war with China after threatening a 100% tariff on all Chinese imports last week. “Well, we’re in one now,” Trump said after being asked by White House reporters whether the US is preparing for a “sustained trade war with China.” ”If we