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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Over 40% of Australian Gen Z and Millennials say they regret not investing in cryptocurrency a decade ago, with a new survey from Australian crypto broker Swyftx suggesting they see it as one of the biggest missed opportunities of the last 10 years. The study, conducted by YouGov and released on Thursday, surveyed 3,009 people,…
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Deliberations over the crypto market structure bill between industry executives and US lawmakers hit a fever pitch on Wednesday in a tense meeting, following a leaked proposal from Democrats to impose permissioned requirements on the decentralized finance (DeFi) sector. Democratic senators accused industry executives of acting as an extension of the Republican Party after a…
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A group of US senators led by Senate Banking Committee Chair Tim Scott (R-S.C.) has introduced legislation to modernize the Bank Secrecy Act, the foundation of the country’s Anti-Money Laundering (AML) framework. The Bank Secrecy Act, passed in 1970, obliges banks, credit unions, and other financial institutions to help federal authorities detect and prevent financial…
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Key takeaways: Deteriorating US-China relations, US President Donald Trump’s recent tariff expansion and traders avoiding long leverage are adding pressure to Bitcoin’s downside. Bitcoin could drop below $100,000, but analysts are hopeful that next week’s macroeconomic events will reverse the downtrend. Data show Bitcoin’s (BTC) market structure aiming toward establishing balance from last week’s sharp…
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Researchers at tech giant Google said they mapped out the structure of a molecule 13,000 times faster than the most powerful “supercomputers” available today, achieving the first verifiable quantum advantage. The experiment used Google’s Willow Quantum processor and “quantum echoes,” a technique that uses targeted waves to image an object in detail, according to Google.…
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Key points: Bitcoin bulls are attempting to sustain the price above $107,000, but the bears have continued to exert selling pressure. The recovery in most major altcoins has fizzled out, indicating that the bears continue to sell on minor rallies. Buyers have managed to keep Bitcoin (BTC) above the vital $107,000 support level, but the…
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The UK’s Financial Conduct Authority (FCA) is ramping up its push to police the crypto industry, issuing warnings to unregistered exchanges and seeking legal action against companies serving UK residents or promoting digital assets in the country. The FCA issued hundreds of warnings against unlicensed crypto exchanges in October, including Elite Bit Markets, Nexure Gainbit,…
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Key takeaways: Use confirmation, not hope: Wait for a higher-timeframe close and a clean retest before sizing up. Read leverage tells: Extreme funding plus rising open interest at a key level signals trap risk in the opposite direction. Don’t trust thin books: Off-hours liquidity, spoof orders, listings or unlocks can manufacture fake breaks. Respect liquidations:…
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