Popular cryptocurrency market analyst Benjamin Cowen has examined Bitcoin’s (BTC) price movements and historical cycles. Cowen stated that Bitcoin has fallen below the bear market resistance band, a critical threshold on the daily chart, and faces the risk of remaining below the bull market support band (around $74,000, which is the 20-week moving average) on
Strategy Chairman Michael Saylor tried to calm the crypto market amid a decline in prices, posting a meditative photo on his social media with the laconic caption “HODL”, urging investors to hold their Bitcoin despite harsh macroeconomic pressure in the United States and the Bitcoin portfolio of his own company falling into deficit. The main
Major financial institutions are moving deeper into tokenized finance, but the conversation is starting to shift beyond simply bringing assets onchain. Morgan Stanley is among the firms signaling growing interest in blockchain-based financial infrastructure, with CFO Sharon Yeshaya recently highlighting tokenization as an emerging area of focus. The shift reflects a broader recalibration across traditional
Crypto Market Crash Continues Across Major Coins The crypto market is under pressure again, with major coins trading in the red while traditional markets show stronger momentum. Bitcoin is hovering near $73,000, Ethereum is trading close to the critical $2,000 level, and Solana has slipped below $85. The broader market picture also looks weak. $BTC,
Bitcoin [$BTC] has endured a tough second half of May. Earlier this month, the leading crypto marched, seemingly inexorably, past the $80k summit. The bullish price action was at odds with the myriad of on-chain metrics that suggested buyer strength was waning. The short-term upward momentum was also part of a relief rally that the
Sequans Communications (NYSE: SQNS), the Paris-based cellular IoT semiconductor company, has completed the full redemption of its remaining convertible debt, funded by the sale of a portion of its Bitcoin holdings — bringing a short-lived and costly digital asset treasury experiment to a close. The company now holds approximately 658 $BTC, described as “fully unencumbered,”
Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia and Digital Finance Cooperative Research Centre released findings from Project Acacia, a wholesale experiment that moved digital money and tokenization from policy theory into market plumbing. The project tested 20 wholesale tokenized asset market use cases across
Buying concert tickets increasingly feels less like competing with other fans — and more like competing with automated software. Bots now flood ticketing systems within seconds of sales opening, purchasing massive amounts of inventory before real fans ever reach checkout. The result is a resale market that regularly pushes ticket prices far beyond face value.
Bitcoin demand weakened further as the asset dropped to $72,000 during the early hours of 28th of May. While the Bollinger Bands suggested that $BTC traded near undervalued territory, broader data stayed bearish. Selling accelerated as geopolitical tensions in West Asia resurfaced. Why is Bitcoin demand falling? Demand weakened across both the Spot and Perpetual