Key takeaways: The emergence of a bear flag on the daily chart projects a Bitcoin price drop to $88,000. Traders say BTC price may drop as low as $97,500,000 if key support levels are broken. Bitcoin’s (BTC) price is forming a classic bearish pattern in the daily time frame, triggering fears that a breakdown could…
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The Latin American region is tapping into blockchain-based services for payments and access to financial services, signaling that the crypto industry serves more than just financial speculators chasing the next memecoin pump. Latin American citizens are increasingly using cryptocurrency to replace the region’s inadequate banking infrastructure, allowing them to facilitate digital payments and create stablecoin-based…
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Turkey has emerged as the leading crypto market in the Middle East and North Africa (MENA) region in 2025, with volumes significantly outpacing those of major markets, such as the United Arab Emirates. Turkey, which has grappled with high inflation in recent years, dominated MENA’s crypto market in the past year, recording nearly $200 billion…
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Revolut obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), enabling it to offer regulated crypto services across all 30 markets in the European Economic Area (EEA). The move boosts Revolut’s expansion in the crypto market as the fintech prepares to launch its next-generation “Crypto 2.0” platform, the…
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The European Union adopted its 19th sanctions package against Russia, introducing restrictions on cryptocurrency platforms for the first time since the war in Ukraine began. The measures, adopted Thursday, prohibit Russia-based crypto payment providers and the distribution of related payment software across the bloc. The sanctions also target Russian energy firms, banks, and entities in…
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Binance co-founder and former CEO Changpeng “CZ” Zhao has dismissed crypto critic Peter Schiff’s plan to launch a tokenized gold product, calling it a “trust me bro” asset. In a Thursday post on X, CZ argued that tokenized gold is not “on-chain gold,” but a promise dependent on third-party custody. “It’s tokenizing that you trust…
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Bitcoin is at risk of breaking a crucial support price level as US-based spot Bitcoin ETFs have continued to bleed red after the recent crypto market crash, according to analysts from Bitfinex. “The lack of institutional accumulation has made the $107,000 to $108,000 zone increasingly difficult to defend as support,” Bitfinex analysts said in a…
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Debt among Bitcoin miners has increased from $2.1 billion to $12.7 billion in just 12 months as they race to meet demands for artificial intelligence and Bitcoin production, according to investment giant VanEck. Without continued investment in the latest machines, a miner’s share of the global hashrate deteriorates, resulting in a reduced share of the…
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Crypto market analysts are eyeing one more Bitcoin flush near $104,000 before the crypto bull market will have a chance to restart, based on historical patterns. Bitcoin’s long-term support technical indicator is the 50-week simple moving average, and that currently stands at around $102,500 according to TradingView. It has served as solid support four times…
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Planets would almost need to align for Bitcoin to reach $250,000 by the end of the year, according to Galaxy Digital CEO Mike Novogratz. Several crypto executives have recently doubled down on their $250,000 Bitcoin (BTC) predictions by year-end. “The end of the year is only two and a half months away,” Novogratz said during…
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