A widely used Bitcoin technical analysis indicator suggested that BTC is on the verge of an “explosive price expansion” toward new all-time highs. Key takeaways: Bitcoin’s Bollinger Bands indicator reached a critical turning point for bulls. Bitcoin’s cup-and-handle pattern targets $300,000, backed by multiple tailwinds. A Bitcoin indicator used by traders to assess volatility has…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Polygon Foundation said it has restored consensus and finality functions after a software bug knocked some nodes out of sync. US SEC Chair…
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Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem, with most of its yield funneled into HYPE token buybacks. Stablecoin infrastructure firm Paxos has submitted a proposal to launch USDH, a Hyperliquid-first stablecoin that would be fully compliant with the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) and…
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As inflation hits 229%, stablecoins like USDt are overtaking Venezuela’s bolívar for everyday payments, from groceries to salaries. Stablecoins like USDt have become the de facto currency for millions of people navigating a crumbling financial system in Venezuela as the country’s annual inflation rate surges to 229%. Once limited to crypto-savvy users, Tether’s USDt , often…
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South Korean crypto exchange Upbit confirmed it has launched Giwa, an Ethereum layer 2 on testnet, focused on one-second block times and optimizing user experience. South Korean crypto exchange Upbit has announced the launch of Ethereum layer-2 Giwa on testnet — a move that could see it expand past its role as a crypto exchange.…
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A plan to halve Tron’s energy costs is winning strong support ahead of Friday’s deadline, with backers betting lower fees will expand adoption. A GitHub proposal to realign the Tron blockchain’s fee structure with broader adoption goals is gaining traction ahead of Friday’s voting deadline, signaling that network stakeholders are prioritizing accessibility — even at…
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the US Commodity Futures Trading Commission is rolling out Nasdaq’s market surveillance tool to crack down on market abuse. Cronos (CRO) spiked 40% after…
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Bitcoin traders have been buying all the dips but BTC is still stuck in a downtrend. Here’s why. Key takeaways: Retail traders are aggressively buying BTC price dips in spot and futures markets, but net selling from larger order investors is preventing a robust price recovery. Risk of another liquidation cascade to $105,000 seems less…
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Over a quarter of Brits said they’d add crypto to their retirement portfolios, while 23% would even withdraw existing pension funds to invest in the space. A quarter of British adults polled said they’re open to crypto forming part of their retirement plans, suggesting that crypto could claim a larger share of the UK’s multitrillion-dollar…
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Analyst James Check argued Bitcoin has seen three market cycles driven by adoption trends rather than halving events as widely believed. Bitcoin’s market cycles are not anchored around its halving events as widely believed, according to analyst James Check, who says other factors drive bull and bear cycles. “In my opinion, Bitcoin has experienced three…
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