The ongoing crypto market crash could worsen in the near term as the Bitcoin price flashes at least three risky patterns on the weekly time frame chart. Summary Bitcoin price has formed a rising wedge pattern on the weekly chart. It has also formed a bearish divergence pattern, pointing to a crash. Such a crash
Key Takeaways Forward Industries will launch tokenized shares on the Solana blockchain via Superstate, enabling digital versions of its NASDAQ-traded stock. The move marks a substantial blockchain shift for Forward Industries, which recently raised $1.65 billion for a Solana-based treasury. Forward Industries plans to launch tokenized shares on the Solana blockchain through Superstate, a blockchain-focused
The crypto treasury trend keeps expanding to encompass new assets, and on Monday, Avalanche got its first Nasdaq-listed firm to commit to buying AVAX—and the company’s stock price has skyrocketed. AgriFORCE Growing Systems Ltd. (Nasdaq: AGRI) announced Monday that it will rebrand as AVAX One and plans to raise approximately $550 million as it refocuses
The cryptocurrency world is abuzz with speculation, especially after Circle’s successful Nasdaq debut. This landmark event has truly opened the floodgates for other digital asset firms considering a leap onto traditional stock exchanges. But who’s next in line? According to Maja Vukinovic, the insightful CEO of FG Nexus (FGNX), a Nasdaq-listed Ethereum investment firm, the
Bitcoin price has repeatedly been linked to gold’s performance, drawing investor comparisons between the two assets. Both markets have shown cyclical surges followed by deep corrections, shaping expectations of future rallies. Meanwhile, an analyst is projecting that Bitcoin could reach $150,000 by year’s end if past correlations with gold hold. This outlook gains weight as
Bitcoin has faced a sharp rejection after sweeping liquidity above a critical resistance zone. The price is now pressing into major support levels, where buyers may attempt to defend the broader uptrend. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC was rejected decisively after sweeping above $117K, triggering a swift selloff
In a significant development for the cryptocurrency market, U.S. asset manager Strive has announced a groundbreaking move. This firm has strategically expanded its digital asset portfolio through a notable Strive Bitcoin acquisition, demonstrating a clear commitment to the future of decentralized finance. The news has sent ripples across the industry, highlighting a growing trend of
Bitcoin BTC$113,027.14 is on track to join gold as a recognized reserve asset within the decade, German lender Deutsche Bank (DBK) said in a report Monday, though the precious metal will likely keep its lead in official holdings for now. The U.S. dollar still makes up 57% of global reserves, the report noted, but signs
Bitcoin and altcoins started the new week with a sharp decline despite the Fed’s interest rate cut decision last week. With the decline, Bitcoin and altcoins fell below pre-FOMC levels, while CoinShares published its weekly cryptocurrency report and said that there was an inflow of $1.9 billion last week. “Cryptocurrency investment products saw $1.9 billion