Bitcoin fell nearly 10% from its early-May high before reclaiming its monthly open, but Bitfinex analysts say the recovery has so far run out of steam near the weekly open. Long BTC Traders Sit Underwater as Bitfinex Report Points to $79K Breakeven Wall According to Bitfinex’s latest report, the May 23 deleveraging event this weekend […]
The renewed US-Iran tensions could destabilize global energy markets and amplify crypto market volatility, impacting investor strategies.
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The current crypto market is split between names riding catalysts and names struggling against macro pressure. Bitcoin holds in the high $70,000s, futures liquidations have erased nearly $917 million in positions over a single 24-hour stretch, and capital is moving toward AI-linked altcoins, privacy plays, and early-stage launches with defined entry pricing. As of May […]
The post Searching for the Best Crypto to Buy Today? Why BlockDAG TURBO’s $0.0005 Entry Makes the List appeared first on Live Bitcoin News.
U.S. hedge fund gross leverage has reached 293%, signaling defensive positioning rather than outright bearish bets on equities. Bitcoin’s Spot Taker CVD buy pressure and ETF inflows show BTC is increasingly driven by its own demand cycle. CryptoQuant sees Bitcoin shifting into a hybrid asset, less tied to stocks and more responsive to its own […]
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Dogecoin’s rejection from the top of its multi-week channel has raised fears of a deeper correction. After losing momentum near resistance, DOGE is now testing the crucial $0.1020 support zone, where bulls must step in to prevent increased downside pressure. DOGE Pulls Back Toward Key Mid-Channel Support Dogecoin has recently experienced a notable price adjustment following a test of its upper channel boundary. Crypto analyst Ali Charts notes that the asset has retraced to the $0.1020 level, a cooling-off period that provides a clearer view of the market’s current structural integrity after testing overhead resistance. Related Reading: Dogecoin Millionaires Are On The Move Again, Here’s What They’re Doing Now Furthermore, this specific price point is technically significant, acting as a critical junction for the asset. The $0.1020 level aligns precisely with both the midpoint of DOGE’s multi-week trading channel and the influential 50-day Simple Moving Average (SMA), creating a strong
The deliberate destruction of Bitcoin highlights the potential for ideological actions to impact market perceptions and future technological challenges.
The post Someone just burned $8.5M worth of Bitcoin by sending 107 BTC to a burn address appeared first on Crypto Briefing.
Cathie Wood has raised her long-term Bitcoin forecast to as high as $1.25 million, even as the cryptocurrency trades below key resistance levels during another period of macro uncertainty. Speaking in a recent interview with Fox Business, the ARK Invest…
Bitcoin briefly reclaimed the $78,000 level in a violent short squeeze that added roughly $30 billion to its market capitalization within an hour, before volatility quickly returned. Bitcoin (BTC) ripped roughly $1,400 higher in about an hour on Tuesday, spiking…