Bitcoin Approaches Key Structural Bottom Level
$BTC price surged over 2% in 24 hours, nearing a structural bottom amid rising US CPI inflation at 4.2% and Bitcoin ETF outflows, according to @CryptoQuant. #Update #Crypto $BTC
$BTC price surged over 2% in 24 hours, nearing a structural bottom amid rising US CPI inflation at 4.2% and Bitcoin ETF outflows, according to @CryptoQuant. #Update #Crypto $BTC
ASK Group and Keeta partner to tokenize Gulf assets by 2027, leveraging Keeta’s blockchain for rapid transactions. The initiative aims to revolutionize asset ownership and remittances. #Update #Blockchain
Ethereum’s price is correcting below $1,665, facing resistance at $1,650 and $1,720. A failure to clear these levels may lead to further declines. #Update #Crypto $ETH
XRP holds above $1.10 amid $6.75M in ETF inflows, but price remains near multi-month lows as futures activity surges to $5B; resistance at $1.1352 persists. #Update #Crypto $XRP
Nigeria’s Senate advances a crypto bill to committee for a 4-week review, aiming to establish a legal framework for digital assets and enhance investor protection. #Update #Crypto
Bitcoin whales accumulated over 11,000 BTC worth $700M during a market dip below $62,000, moving coins off exchanges into cold storage. #Update #Crypto $BTC
Bitcoin treasuries are leveraging at record rates, warns Capriole’s Charles Edwards, likening them to 1929 investment trusts amid Strategy Inc.’s dominance. #Update #Crypto $BTC
Delaware and New Jersey advance bills to ban cryptocurrency ATMs amid rising scams, with Delaware imposing penalties up to $10,000 for violations. #Update #Legal $BTC
Crypto hackers exploited unverified contracts, draining over $36M from protocols. This significant security breach impacts the crypto landscape. #Breaking #Crypto #Security
Tim Draper claims banks face greater quantum risks than $BTC, arguing Bitcoin’s decentralized network offers superior security as computing power advances. #Update #Crypto $BTC
Ethereum struggles below $1,700 amid market apathy; $122M ETH withdrawn by institutional whales into new wallets, signaling long-term hold strategy despite unrealized losses. #Update #Crypto $ETH
Investor Steve Eisman considers a SpaceX-Tesla merger plausible but unattractive for SpaceX investors amid $250 billion IPO demand and Tesla’s margin pressures. #Update #Market
Bitcoin’s price may stall between $58K-$72K due to derivatives absorbing demand, says Luke Gromen, likening it to gold’s market dynamics. #Update #Crypto $BTC
Mastercard partners with @Ripple to integrate XRPL and RLUSD in its AI-driven Agent Pay for Machines initiative, enhancing autonomous transaction controls and settlement. #Update #Crypto $XRP