🔍 Market Summary

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BTC price pauses at $92K: Can Bitcoin avoid another crash?

BTC price pauses at $92K: Can Bitcoin avoid another crash?

Bitcoin’s relief rally to $91,000 appears to be cooling, but analysts say the short-term trend for BTC “remains up.” Key takeaways:Bitcoin must next take out immediate resistance between $92,000 and $95,000.Spot volume and trading activity must recover to lift BTC back into six figures.Bitcoin bull…

Bitcoin Price Breaks Below 50-MA For The First Time This Cycle, Why A Crash To $38,000 Could Be Coming

Bitcoin Price Breaks Below 50-MA For The First Time This Cycle, Why A Crash To $38,000 Could Be Coming

According to crypto analyst Tony Severino, the Bitcoin price has broken below the 50-week Moving Average (MA) for the first time in the current cycle, triggering renewed fears of a deeper decline. With price momentum weakening and long-term trend indicators flashing bearish warning signals, the poss…

Over $1 Billion in Solana Moved in Minutes: What’s Happening?

Over $1 Billion in Solana Moved in Minutes: What’s Happening?

Amid the sudden crypto market resurgence, blockchain monitoring firm Whale Alert has spotted a series of large Solana transfers that have raised eyebrows across the crypto community.The tracker provided data revealing that large Solana holders have moved more than 7.6 million SOL worth over $1 billi…

21Shares Adds Six New Crypto ETPs, AAVE, ADA, Link, DOT on Nasdaq Stockholm

21Shares Adds Six New Crypto ETPs, AAVE, ADA, Link, DOT on Nasdaq Stockholm

21Shares, one of the largest names in crypto ETPs, has announced the addition of six new crypto ETPs, including Aave , Cardano , Chainlink , Polkadot , the Crypto Basket Index ETP, and the Crypto Basket 10 Core ETP to Nasdaq Stockholm, providing Nordic investors with even more easy ways to invest in…

Spot bitcoin ETFs return to positive flows, BTC recovers above $92,000

Spot bitcoin ETFs return to positive flows, BTC recovers above $92,000

Spot bitcoin exchange-traded funds in the U.S. returned to net inflows on Wednesday, ending a five-day streak of outflows.According to data from SoSoValue, the bitcoin funds reported net inflows of $75.47 million yesterday, with $60.61 million going into BlackRock's IBIT and $53.84 million flowing i…

Shiba Inu Gets Sudden Security Update for SHIB Holders, What's Behind It?

Shiba Inu Gets Sudden Security Update for SHIB Holders, What's Behind It?

Mazrael, a prominent Shiba Inu community member, has shared a crucial security warning with the SHIB community as bad actors intensify their efforts in a bid to drain the wallets of unsuspecting victims.Mazrael said in a tweet that CCIP official crosschain contracts for Shib are listed on the offici…

US Senate banking chair eyes vote on crypto market bill next month

US Senate banking chair eyes vote on crypto market bill next month

U.S. Senate Banking Chair Tim Scott said Tuesday that he aims to have the committee vote on the crypto market structure bill next month."By the end of this year, next month, we believe we can mark up and vote in both committees and get this to the floor of the Senate early next year so that Presiden…

Arx Research raises $6.1 million seed round to launch ‘Burner Terminal’ stablecoin and fiat point-of-sale device

Arx Research raises $6.1 million seed round to launch ‘Burner Terminal’ stablecoin and fiat point-of-sale device

Hardware and software firm Arx Research has raised a $6.1 million seed round led by Castle Island Ventures, with participation from Inflection, Placeholder, Seed Club Ventures, and 1kx.The round was structured as a Simple Agreement for Future Equity (SAFE), Arx Research co-founder and CEO Cameron Ro…

Brevan Howard, Galaxy, Weiss back Canaan’s $72M Bitcoin mining raise

Brevan Howard, Galaxy, Weiss back Canaan’s $72M Bitcoin mining raise

Bitcoin mining hardware maker Canaan Inc. has secured a $72 million strategic equity investment from Galaxy Digital, Weiss Asset Management and Brevan Howard’s digital asset arm, Brevan Howard Digital. The transaction, announced on Tuesday, will bolster the company’s balance sheet and reduce its dep…

Bitcoin Breaks Key Support Level That Confirmed the 2022 Bear Market: CryptoQuant

Bitcoin Breaks Key Support Level That Confirmed the 2022 Bear Market: CryptoQuant

Bitcoin’s momentum has weakened sharply this week, breaking below a key support zone that historically marked the transition from bull markets to bear phases.After months of consolidation above the six-figure threshold, Bitcoin slipped under $100,000, raising fears that a deeper correction could unf…

Ripple Gains Institutional Investment Through $40 Billion Valuation Deal

Ripple Gains Institutional Investment Through $40 Billion Valuation Deal

Ripple announced a $500 million investment from institutional investors led by Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The deal values the company at $40 billion, matching its previous $1 billion tender offer earlier this year…

Cryptos' Weak Pulse May Be Early Warning Sign. What the Charts of Bitcoin, Ethereum, Solana Suggest — Barrons.com

Cryptos' Weak Pulse May Be Early Warning Sign. What the Charts of Bitcoin, Ethereum, Solana Suggest — Barrons.com

By Doug BuschAfter rocketing through six figures earlier this year, Bitcoin has entered a phase of cautious consolidation. The cryptocurrency peaked above $126,000 in early October before slipping back below the very round $100,000 mark this week, as inflation data and rate-cut uncertainty stirred m…