Key points: Sellers pulled the price below $115,000, but are struggling to sustain the lower levels. Several altcoins have pulled down toward their respective support levels, which are likely to hold. Bitcoin (BTC) dipped below the $115,000 support on Friday, but the downside could be limited. Bitcoin treasury companies have been on a buying spree,…
Key points: Sellers pulled the price below $115,000, but are struggling to sustain the lower levels. Several altcoins have pulled down toward their respective support levels, which are likely to hold. Bitcoin (BTC) dipped below the $115,000 support on Friday, but the downside could be limited. Bitcoin Treasury Companies have been on a buying spree,…
Opinion by: Kevin Rusher, founder of RAAC Crypto is a movement born from a cultural rejection of traditional finance, driven by the belief that transparency, decentralization and code can build a better financial system than the one that led to the 2008 financial crisis. Indeed, for many, the creation of Bitcoin was a rebellion against…
Key takeaways: Bitcoin hinges on $115,000 support, risking a drop toward $104,000. Weekly RSI divergence points to a deeper correction. Rising NUPL signals increased profit-taking, hinting $123,000 was the local top. Bitcoin (BTC) is down on Friday, dropping below $115,000 for the first time since July 25. The inability to crack the resistance at $120,000…
Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Evidence of dip-buying emerges on major exchange Bitfinex. Bitcoin (BTC) rejected from $116,000 at Friday’s Wall Street open as bulls sought a comeback…
Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that it will issue perpetual preferred shares to help fund its goal of acquiring 210,000 Bitcoin (BTC) by the end of…
Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a new stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that it will issue perpetual preferred shares to fund its goal of acquiring 210,000 Bitcoin (BTC) by the end of…
United States Spot Ether exchange-traded funds (ETFs) hit a new milestone in July, recording $5.43 billion in net inflows, their highest monthly total since launch, according to ETF tracker SoSoValue. July’s performance represented a 369% increase over June’s total net inflow of $1.16 billion, showing a significant surge in investor interest. It also eclipsed previous…
Key takeaways: Bitcoin hit a record monthly close at $115,800 on Thursday. Analysts see price dropping below $115,000 as a bullish retest. August may see strong BTC gains, as post-halving years historically see 14%-65% returns. Bitcoin (BTC) made history after BTC/USD achieved its highest monthly close on Thursday. BTC/USD monthly chart. Source: Cointelegraph/TradingView Bitcoin completes…
Key takeaways XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP. Promised returns (100%-800% APR) are often unsustainable and lack transparency. High risks include scams, volatility and hidden fees, with little regulatory oversight. Safer alternatives exist, like wrapped XRP in DeFi or regulated lending platforms. Can you really earn passive…
