Cryptocurrency - news

Bitcoin price extended losses and traded below the $100,000 zone. BTC is struggling and might continue to move down toward the $92,000 support zone. Bitcoin started a fresh decline from the $102,000 resistance zone. The price is trading below $102,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $98,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $95,500 support zone. Bitcoin Price Dips Further Bitcoin price failed to start another increase and extended losses below the $102,000 zone. BTC gained bearish momentum below the $100,000 and $98,000 levels. The price even spiked below $96,500. A low was formed at $95,586 and the price is now consolidating losses. There is also a key bearish trend line forming with resistance at $98,500 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading below $102,000 and the 100 hourly Simple moving [...]

Bitcoin’s path to $200,000 in 2025 is fueled by ETFs, institutional demand, and macroeconomic shifts, with analysts warning of volatility amid transformative growth. Bitcoin’s $200K Milestone: Analysts Highlight ETF Power and Adoption Bitfinex analysts have painted a bullish outlook for bitcoin in their latest Alpha report, citing strong institutional demand and the lasting effects of […]

Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching, said he would stay on board as a strategic adviser.

Bitcoin has observed a plunge during the past day. Here’s the nearest on-chain level that the asset would end up retesting if the drawdown elongates. 1 Week To 1 Month Bitcoin Holders Have Their Realized Price At $97,900 As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the Realized Price of the 1-week to 1-month-old BTC investors is the closest support for the asset right now. Related Reading: Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or acquisition price of the average holder on the Bitcoin network. When the metric’s value is lower than the spot price of the cryptocurrency, it means the investors as a whole can be considered to be holding a net amount of profit. On the other hand, it being under the BTC value suggests the dominance of loss in the market. In the context of the current topic, the Realized Price of only a particular [...]

Will the real “MicroStrategy of Asia” please step forward? Almost half of top 20 countries for crypto adoption are in Asia: Asia Express 2024

Craig Wright, an Aussie native who’s been loudly claiming he’s the mastermind behind Bitcoin, Satoshi Nakamoto, was handed a 12-month jail sentence, suspended for two years, by a U.K. court for contempt. This decision came down after Wright reportedly ignored a court order that barred him from pushing more legal claims tied to his Bitcoin […]

“The HAWK Token exhibits all the characteristics of an unregistered security under established legal precedent,” litigants claimed.

Bitcoin price fell into the $95,000 range, but data suggests the bulk of the correction could be over.

Bitcoin investors are up on average more than the average American yearly salary.

The current stablecoin market cap is approximately $204 billion, but the sector remains highly centralized.

A UK court ruled in March that Craig Wright was not Bitcoin creator Satoshi Nakamoto, but he continued to file lawsuits “based on asserted intellectual property rights.“

A significant Shiba Inu (SHIB) transfer has caught the attention of traders today, December 19, as an early and highly profitable SHIB whale moved nearly 400 billion tokens. On-chain analysis service Spot On Chain (@spotonchain) highlighted that this well-known early buyer deposited 399.99B SHIB (worth $9.69 million) to Gemini, building on a history of substantial gains after initially acquiring 15.2 trillion SHIB in August 2020 for a mere 10 ETH. Spot On Chain wrote via X: “This early $SHIB whale with a $108M profit just further deposited 399.99B $SHIB ($9.69M) to Gemini in the past hour. Notably, on Aug 7, 2020, this whale bought 15.2T SHIB for just 10 ETH. Now, the whale still holds 2T SHIB ($48.54M) with an estimated total profit of $107.7M (3.7x return) from SHIB.” This is not the first time such profit-taking has occurred by the anonymous whale. In mid-November, Spot On Chain noted that the same early buyer (address “0xd6b”) was “back to offload tokens after 8 months of [...]

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