Key points: Bitcoin is facing selling near $109,000, but the shallow pullback suggests the uptrend may resume. BNB and HYPE are showing strength, having broken above their immediate resistance levels. Bitcoin (BTC) has started the week on a soft note, with the bears trying to pull the price below the $107,000 level. Bitcoin remains on…
Key takeaways: Ethereum risks a 25% drop toward $1,600 after failing to break above a multi-year technical resistance. A whale moved over $237 million in ETH to exchanges, aligning with rising ETH inflows into Binance over five straight days. Wallet data suggests large ETH holders are redistributing or offloading, adding to bearish pressure. Ethereum’s native…
Bitcoin miner BitMine Immersion Technologies has secured a $250 million private placement to jumpstart its Ether treasury. BitMine signed a private placement for the purchase and sale of 55,555,556 shares of common stock for $4.50 per share, yielding gross proceeds of approximately $250 million before expenses, the company said in a Monday announcement. MOZAYYX led…
Chainlink, a decentralized blockchain oracle network for crosschain communication, launched a compliance tool aimed at unlocking over $100 trillion worth of institutional investor capital for the cryptocurrency space. The decentralized oracle network announced the release of its Automated Compliance Engine (ACE) on Monday. The system provides a modular and standardized framework for managing regulatory compliance…
Cryptocurrency investment products posted another strong week last week, bringing total inflows in the first half of 2025 close to last year’s figure, according to a new report from digital asset manager CoinShares. Global crypto exchange-traded products (ETPs) posted $2.7 billion in inflows in the trading week ending June 27, marking 11 consecutive weeks of…
An unlucky trader was liquidated eight times in the last week, according to blockchain analytics service Lookonchain. The trader, under the handle Qwatio, saw a total loss of $12.5 million. In the latest liquidation on Monday, Lookonchain said Qwatio was partially liquidated for an Ether (ETH) position that was leveraged by 25X. A new liquidation price…
Ethereum co-founder Vitalik Buterin has introduced a new kind of digital identity system dubbed “pluralistic identity,” arguing it could protect privacy while enabling fair participation in digital life. In a blog post published Sunday, Buterin explored the promise and pitfalls of zero-knowledge (ZK) proof-wrapped IDs, warning that even privacy-preserving systems can carry serious risks if…
Key points: Bitcoin is facing selling near $108,000, but the likelihood of a break above it remains high. Several major altcoins remain in a range, but some are showing signs of breaking above their near-term overhead resistance levels. Bitcoin (BTC) is facing selling just above $108,000, but a positive sign is that the bulls have…
Former Bitcoin mining firm Bit Digital fell sharply this week, with its share price tumbling almost 19% over the five-day period to close at $1.99 on Friday, with a 15% drop in just 24 hours. The plunge follows major company announcements, including a $150 million public offering and a strategic pivot to Ether staking. On…
Ether could see further upside in the coming weeks if it manages to hold above the crucial $2,400 level, according to a crypto analyst. “So far, so good for ETH,” MN Trading Capital founder Michaël van de Poppe said in an X post on Thursday. ETH may see reversal that market has waited for “Holding…