Bitcoin Price Analysis: Resistance Flip and False Breakouts Looking back at Bitcoin’s recent 4H chart, we see how $BTC repeatedly tested the $118,500 – $119,000 zone as a critical resistance area. Each rejection in late July and early August (highlighted by the orange trendline) reinforced this ceiling. A mid-August rally briefly pushed BTC above $120K,
The crypto market grew 13% in value in July, fueled by a rotation from bitcoin BTC$118,183.23 into altcoins, according to Binance Research’s “Monthly Market Insights” report for August. Ether (ETH) was the standout, rallying 48% as another 24 companies added the asset to their balance sheets, lifting corporate holdings by 128% to 2.7 million ETH.
Jason Zhao, co-founder of intellectual property blockchain project Story Protocol, is stepping away from his full-time role after more than three years of building the platform. Zhao announced via a social media post that he will remain as a strategic adviser while turning his focus to a new AI initiative, Poseidon, which applies artificial intelligence
Mike McGlone, chief commodity strategist at Bloomberg Intelligence, believes that Bitcoin has yet to prove that it is capable of acting as an independent asset instead of simply being “the last big trade” chased by speculators. In order to prove that, the cryptocurrency would have to remain above its 2021 high against gold. The new
Arichain, a popular Web3 project offering scalable solutions, has partnered with B2 Network, a Bitcoin-native infrastructure platform. The collaboration endeavors to enhance Bitcoin’s ($BTC) role in decentralized finance (DeFi) as well as develop scalable solutions to drive AI-led economy. As announced by Arichain on its official X account, the development underscores a key move toward
Crypto analyst Cryptobirb predicts that bitcoin is nearing its cycle peak, which is likely to occur between October 19 and November 20, 2025. Halving Events and Bull Market Length A crypto analyst is projecting bitcoin ( BTC) to peak between Oct. 19 and Nov. 20, 2025, before bears typically take over. Using the Bitcoin Cycle
Meliuz, the largest Bitcoin Treasury Company in Latin America, has completed its expansion into U.S. markets, trading on OTCQX under the ticker MLIZY. The company is focused on promoting its proposal in U.S. markets, aiming to attract foreign capital enticed by its bitcoin initiatives. Meliuz Crosses Over to U.S. Markets, Starts Trading on OTCQX Meliuz,
Following the recent strong rise, investors’ eyes have once again turned to the comparison of Bitcoin and gold. The market capitalization of Bitcoin, the largest cryptocurrency, currently stands at $2.34 trillion, compared to $23.22 trillion for gold. According to the current chart, Bitcoin has reached approximately 10.09% of gold’s market capitalization. Analysis suggests that for
Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that Bitcoin (BTC) faces a critical test against gold that could shape investor flows for the remainder of 2025. He pointed to a key ratio comparing Bitcoin’s value to gold, showing the world’s largest cryptocurrency hovering around 35 ounces of gold per Bitcoin, a level that
WeNode and INTOverse have forged a strategic partnership to improve the advancement of a unified Web3 ecosystem. The partnership is aimed at the interaction of the WeNode infrastructure services with the identity and social interaction solutions at INTOverse and next-generation digital tools. This collaboration aims to offer users a comprehensive platform in which wallets are