Bitcoin is moving higher on the daily timeframe after breaching all key resistances below its all-time high. A test of the channel’s upper boundary is likely before a corrective phase sets in, targeting $135,000. Summary $119K is the critical support level maintaining bullish structure. BTC is approaching high timeframe resistance beyond all-time high at $135K….
About $653 million worth of crypto tokens are set to be released into circulation this week. Investors will be keeping an eye out for potential price swings for several major assets, with data from the Tokenomist website showing large one-time and daily unlocks between August 11 and August 18. Heavy Supply Wave Fasttoken (FTN) boasts…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senator Elizabeth Warren is stepping up her call for strict cryptocurrency regulation, worried that industry-backed legislation can undermine consumer protections and weaken oversight. She is calling for measures that exclude corporate influence from policy-making and keep public servants from holding financial interests…
Paxos Trust Company, the crypto infrastructure company behind PayPal’s PYUSD stablecoin, has filed to convert its New York limited-purpose trust charter into a US national trust bank charter, renewing an effort that expired in 2023. If approved, the federal charter, issued by the Office of the Comptroller of the Currency (OCC), would allow Paxos to…
Bitcoin first popped up in the 2010s and quickly drew tons of eyes due to its skyrocketing value. Even if lots of folks don’t fully get how cryptocurrencies work, nearly everyone’s heard of Bitcoin. Media loves talking about it, even though they often miss the nitty-gritty details. Usually, Bitcoin steals the spotlight during wild value…
Key Takeaways Do Kwon may change his plea in the US criminal case tied to TerraUSD’s 2022 collapse. The hearing follows nine felony charges including fraud, market manipulation, and money laundering conspiracy. Share this article The US District Court for the Southern District of New York will hold a Tuesday conference that could result in…
The U.S. debt continues to grow steadily, reaching $37 trillion. The White House’s attempts to cut spending and boost revenue through tariffs have yet to slow the pace of this growth. Cryptocurrency advocates suggest that digital assets could play a role in tackling the national debt problem. But what are the chances the U.S. can…
CEA Industries Inc., the Colorado-based nicotine company, announced that its treasury management arm, BNB Network Company (BNC), has acquired 200,000 BNB tokens. The stash is worth around $160 million, which makes it the largest corporate holder of BNB globally. $160 Million Bet The purchase follows a $500 million private placement led by 10X Capital in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Spartan Trader has highlighted the multiple opportunities that Solana presents for investors. This came as SOL attempts to break above $200, a level which crypto analyst Ali Martinez has suggested could spark a massive run. Solana Is Flashing Multiple Opportunities…
Key points: Bitcoin faces significant selling near its all-time high, but the bulls are keeping price above $120,000, indicating strength. Ether remains strong above its breakout level of $4,094, opening the doors for a further rally. Bitcoin (BTC) rose above $122,000 on Monday, but the long wick on the candlestick shows the bears are vigorously…
