šŸ” šŸ”“šŸ˜ž Market Analysis — 10-11-12

Crypto markets kicked off Friday on a knife's edge as Bitcoin slumped nearly 20% from its recent all-time high, sending ripples across major tokens and stoking fears of an even deeper correction. Risk assets found themselves in retreat, with altcoins like Ether and Solana feeling the downdraft, w ... Read full šŸ”“šŸ˜ž Market Analysis — 10-11-12

Bitcoin ā€˜double bottom’ eyes $110K, but CME gap may postpone rally

Bitcoin ā€˜double bottom’ eyes $110K, but CME gap may postpone rally

Key takeaways:The Bitcoin double bottom pattern may boost bullish momentum toward $110,000.The CME gap near $104,000 could trigger a short-term retracement.Stablecoin buildup and short-term holders’ stress hint at near-term volatility.Bitcoin (BTC) staged a textbook double bottom pattern over the we

Greenidge stock jumps 30% after New York settles air-permit battle over crypto mining operation

Greenidge stock jumps 30% after New York settles air-permit battle over crypto mining operation

Nasdaq-listed Greenidge Generation Holdings (ticker GREE) shares jumped more than 30% at Monday’s open, according to The Block's price page, after the company announced an agreement with the New York State Department of Environmental Conservation, securing renewal of its air-emissions permit for its

BitMine’s share of Ethereum supply hits 2.9% as firm’s ETH holdings pass 3.5 million

BitMine’s share of Ethereum supply hits 2.9% as firm’s ETH holdings pass 3.5 million

BitMine Immersion Technologies, the world's second-largest crypto treasury, said its Ethereum holdings climbed to 2.9% of the total ETH supply after its most recent purchases."We acquired 110,288 ETH tokens over the past week, 34% more ETH acquired compared to the week prior," BitMine Chairman Thoma

Biotech firm Propanc lines up $100 million to fund crypto treasury and cancer therapy push

Biotech firm Propanc lines up $100 million to fund crypto treasury and cancer therapy push

Australia-based Propanc Biopharma, which trades under the Nasdaq ticker PPCB, said Monday it secured up to $100 million in financing from Hexstone Capital, a family office active in bitcoin, ether, solana, dogecoin, and other digital assets.The private-placement deal, structured through convertible

Republic secures $100 million zero-interest financing to buy ETH and expand staking operations

Republic secures $100 million zero-interest financing to buy ETH and expand staking operations

Vancouver-based Republic Technologies, which trades under the ticker DOCT on the Canadian Stock Exchange, said Monday it secured a $100 million zero-coupon convertible note from a ā€œleading institutional investorā€ to expand its Ethereum validator operations and ether treasury.Over 90% of the proceeds

Coinbase Launches Platform for Digital Token Offerings — WSJ

Coinbase Launches Platform for Digital Token Offerings — WSJ

By Vicky Ge HuangCoinbase Global is launching a new platform to allow individual investors to purchase digital tokens before they are listed on its exchange.Digital-coin offerings were massively popular in 2017 and 2018 before prices crashed and regulators cracked down on token issuers.The detailsCo

Bank of England Announces Proposals on Stablecoin Regulation

Bank of England Announces Proposals on Stablecoin Regulation

By Renae DyerThe Bank of England laid out its latest proposals for regulating stablecoins, a type of cryptocurrency pegged to another asset.The regulation applies to sterling-denominated "systemic" stablecoins, or those widely used for payments in the U.K. Stablecoins used as assets for non-systemic

Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again?

Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again?

The Bitcoin price, which had been climbing steadily toward new all-time highs, suddenly plunged on October 10, dragging the Ethereum price and the rest of the market with it. According to the latest Binance Research monthly market insights, the crash wasn’t due to weak crypto fundamentals or a loss

Ripple Price Analysis: Is XRP Preparing for Another Leg Up After a 12% Daily Surge?

Ripple Price Analysis: Is XRP Preparing for Another Leg Up After a 12% Daily Surge?

Ripple’s token is attempting to recover from its recent lows after weeks of compression inside a descending wedge. The market is now testing key resistance, where a breakout could confirm a short-term structural reversal.Technical AnalysisBy ShayanThe Daily ChartOn the daily timeframe, XRP continues