Key Takeaways The $1.55 breakout level gave way before buyers could establish it as support. Intraday selling hit a low of $1.43 during the pullback. The $1.35-$1.40 zone stands out as the next crucial demand pocket. Open interest has cooled off slightly, shedding some excess leverage. Today’s daily close will determine if this correction deepens. The $1.55 support flip fell t
XRP Drops to $1.45: Where Could Support Hold?
The study, published by three Vietnamese investigators, found a positive relation between the EU’s carbon emissions pricing and a so-called “leakage” to cheaper jurisdictions, such as Russia. This means that as carbon allowance pricing grows, some of this mining activity shifts to Russia to maximize profits. Study Suggests High EU Carbon Pricing Causes Mining Migration […]
EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims
Over the last four days, Bitcoin’s hashprice has climbed 20.41%, punching into territory not seen since May. Bitcoin miners are pocketing fatter revenue from the latest price rally, delivering a badly needed reprieve after months of tighter margins. Bitcoin Mining Revenue Rises Bitcoin miners are finally catching a break from the price jump, with hashprice […]
Bitcoin Miners Get a Lifeline as Hashprice Explodes 20% Higher
The Bank Policy Institute, representing the massive U.S. banking lobby, filed a comment letter asking FinCEN to apply customer identification requirements to secondary stabilization markets, extending the provision applied to stablecoin issuers to exchanges with a direct relationship with retail customers. Big Banks Ask For Customer ID Requirements to Be Extended to Secondary Stabl
Big Banks Demand Identity Checks for Secondary Stablecoin Markets
Bitcoin holders are lined up to receive a matching balance of a new asset called ecash (ECX) when the project kicks off its three-stage hard-fork rollout with an alpha launch around Bitcoin block height 963648. The launch comes from Layertwo Labs, founded and led by longtime Bitcoin developer Paul Sztorc, also known as Truthcoin. The […]
Bitcoin’s ECX Fork Is Coming: When It Hits and Who Gets Free Coins
Grayscale says bitcoin’s sharp weekly rally could mark a turning point after a relatively shallow bear market. Historical cycle comparisons and improving institutional demand suggest the market may be forming a more durable bottom. Grayscale Sees Potential Bitcoin Turning Point Bitcoin’s rapid recovery may signal that its latest bear market has reached a turning point, […]
Bitcoin May Hit Turning Point This Week as Durable Bottom Takes Shape
Robert Kiyosaki says expanded U.S. Treasury debt buybacks amount to quantitative easing and renewed his preference for bitcoin, gold, silver, and selected real estate. Treasury describes the operations as liquidity support for longer-dated markets. Kiyosaki Calls Treasury Buybacks Money Printing Renewed concern about the dollar prompted Rich Dad Poor Dad author Robert Kiyosaki to e
Robert Kiyosaki Calls Expanded Treasury Buybacks QE, Backs Bitcoin
Standard Chartered’s Geoffrey Kendrick says record bitcoin short liquidations and renewed ETF demand have increased the market’s upside risk. He now sees a possible year-end run from $79,500 toward bitcoin’s $126,000 record, a 58% climb. Record Short Liquidations Reshape Bitcoin Outlook Bitcoin’s sharp recovery has raised the possibility that Geoffrey Kendrick’s $100,000 year-end f
Bitcoin’s $100K Forecast May Be Too Low After Record Short Squeeze
Ethereum (ETH) surged 29.8% higher over the past seven days, smoking bitcoin’s 22.9% gain as returning exchange-traded fund (ETF) buyers, squeezed shorts, and a shrinking pile of readily tradable coins drove ETH to a weekly high of $2,546 on Saturday afternoon. ETH was trading around $2,435 late Saturday at 5 p.m. EDT after cooling from […]
Ethereum Taps $2,546 as ETF Cash and Shorts Fuel the Fire
Grayscale sees three conditions aligning for people asking whether now is a good time to buy bitcoin. The crypto asset manager points to continued adoption, a mature bear market, and a supportive macro outlook, while acknowledging that prices could still fall. Grayscale Sees 3 Factors Converging for Bitcoin Buyers Bitcoin may now offer a worthwhile […]
Grayscale Sees 3 Reasons Bitcoin May Be Worth Buying Right Now
ZachXBT pointed out that Canada was the worst jurisdiction for crypto crime victims and pinpointed Toronto as one of the global hotspots for fraud. Canada ranks even higher than countries like the U.K and India, with Nigeria, Algeria, Bangladesh, and Morocco also mentioned among the worst. Canada Ranked As Worst Jurisdiction For Crypto Crimes by […]
ZachXBT Exposes Canada as Worst Global Hotspot for Crypto Fraud
Key Takeaways DOGE stalled just under $0.1014 Fibonacci resistance. $0.088-$0.089 combines Fib support and 200-day SMA. Futures activity ran nearly six times spot turnover. DOGE ETFs held roughly $20.9 million combined. A daily $0.1014 close opens $0.1119. DOGE has reached the level it lost before the slide DOGE climbed to an intraday high of $0.1007 on the Kraken daily chart,
DOGE Revisits the Shelf That Gave Way Before the Slide
A mystery whale sold another 2,700 BTC (about $211.8 million) earlier today, pushing its three-day total to 7,700 BTC (roughly $576.6 million). The selling lands just as bitcoin trades within reach of $80,000, capping its strongest weekly rally in years. Whale Offloads $577 Million in Three Days An unidentified wallet sold 2,700 BTC worth roughly […]
Mystery Whale Sells $576M in Bitcoin as BTC Nears $80,000
What changed since BitMart’s shutdown notice Then: BitMart described an orderly exit. Now: It is considering an alternative wind-down. New element: Distributions to unnamed creditor groups. Next date: A restructuring roadmap by September 9. The shutdown now has a claims question BitMart’s July announcement pointed to market and operating conditions, as well as the company’s fut