Bitcoin remains under bearish pressure after a recent consolidation around the 100-day MA of $73K. The asset has now slightly broken below the MA. Upcoming price action will determine whether the recent pullback evolves into a leg deeper or forms a base for recovery. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure NYDIG says a $1.26 billion off-exchange sale of BlackRock’s spot Bitcoin ETF, IBIT, was most likely a large directional holder exiting fast, rather than a basis-trade unwind. The May 26 block trade stood out not only for its size, but for the…
Bitcoin failed to build on its weekend momentum and the sellers stepped in. Some altcoins, however, are exploding. The cryptocurrency market remained shaky over the past 24 hours. Bitcoin failed to build on its weekend recovery attempt and remained under pressure. Several altcoins, however, delivered explosive double-digit gains, which creates a rather mixed picture across…
Coinbase has enabled direct rupee financial institution rails in India, making it simpler for native prospects to maneuver cash between financial institution accounts and crypto markets on the trade as the corporate deepens its push into one of many world’s fastest-growing digital asset markets. Indian customers can now deposit and withdraw Indian rupees by way…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana co-founder Anatoly Yakovenko has called for another attempt to accelerate SOL disinflation, after a new GitHub discussion proposed improving Solana’s tokenomics through a resource-based base fee that would be fully burned. The debate puts SOL issuance, fee burn mechanics and validator…
This analyst thinks that now will not be the time to show bullish or purchase Bitcoin. Bitcoin (BTC) has remained underneath stress over the previous week, falling from round $77,000 to roughly $73,140. The crypto asset skilled a number of sharp declines throughout the interval, together with a notable drop close to $72,600 on Might…
Crypto liquidity supplier and buying and selling firm Wintermute says it’s offering liquidity on prediction markets because the business continues to develop. The agency, which handles $3.5 trillion in annual buying and selling quantity, said on Friday that it’s extending its institutional buying and selling to prediction markets and would offer “two-sided markets throughout occasion…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hyperliquid (HYPE) has managed to break the ceiling on what was thought possible in a crypto bear market. During a time when the likes of Bitcoin and Ethereum have struggled to hold up, the perpetual decentralized exchange (DEX) saw its native token…
A busy week of US labor market data lies ahead as crypto continues to cool amid increasing macroeconomic headwinds. Crypto markets remained flat over the weekend following heavy losses last week. Bitcoin and Ether remain weak, with no immediate catalysts to spur a recovery. Meanwhile, fresh labor market data and updated readings on manufacturing and…
