Author: Digicoinvision
Key points:Bitcoin is facing significant resistance at $117,500, but the bulls remain on top as long as the price stays above $113,400.Several altcoins are showing signs of profit booking in the near term, but lower levels are likely to attract buyers.Bitcoin’s (BTC) failure to cross above the $117,500 resistance on Monday attracted profit booking by short-term buyers, who have pulled the price below $115,000. Material Indicators co-founder Keith Alan said in a post on X that BTC has not topped out at $124,500 because of strong institutional demand, which is growing. Spot BTC exchange-traded funds recorded $642.35 million in inflows on…
XRP is trading close to $3 and has struggled to hold that level in recent sessions. According to a market analyst, a repeat of a past pattern tied to Bitcoin halvings could push XRP much higher, with a possible cycle top above $20 on Oct. 17, 2025. The timeline ties back to earlier halving cycles and a short lag that, she argues, has repeated before. Related Reading Halving Dates And Follow-On Moves Based on reports, crypto expert Diana points to the 2016–2017 cycle as the clearest example. Bitcoin halved on July 9, 2016, and then reached a peak above $19,000…
Join Our Telegram channel to stay up to date on breaking news coverage Metaplanet shares plunged 8% after UBS reopened a short position, joining Morgan Stanley in betting against Asia’s largest Bitcoin holder. UBS had closed an earlier short but re-entered with a 73.1 million share position, underscoring mounting pressure from Wall Street as a weak Bitcoin price and Metaplanet’s sliding share price threaten to undermine both its business model and its ability to raise funds for more purchases. Investment banks including Jefferies and JPMorgan also remain short, though some peers like Goldman Sachs and Citigroup have recently cut back…
The US Securities and Exchange Commission (SEC) and Gemini Trust Company filed a status update in court, letting a federal court know they had reached a “resolution in principle” to resolve a securities case stemming from a 2023 complaint.In a Monday filing in the US District Court for the Southern District of New York (SDNY), the SEC and Gemini Trust said that, “subject to review and approval” by the commission, the two parties requested that all litigation in the civil case be indefinitely stayed. The filing stated that both parties would file another status report if the case weren’t resolved…
The Ethereum Foundation has taken a major step toward ensuring user privacy on its network by unveiling a new privacy roadmap. Summary The Ethereum Foundation rebranded its “Privacy & Scaling Explorations” (PSE) program to “Privacy Stewards of Ethereum” and unveiled a comprehensive privacy roadmap. The roadmap focuses on three key areas: private writes, private reads, and private proving to integrate privacy across Ethereum’s protocol, infrastructure, and applications. Ethereum aims to make privacy a standard feature, helping the network avoid becoming a tool for global surveillance. The Ethereum Foundation has rebranded its “Privacy & Scaling Explorations” (PSE) program, now known as…
Key Takeaways Why is XRP facing caution now? Whales unloaded 160 million XRP in two weeks, while Stoch RSI at 88.89 flagged extreme overbought conditions, raising volatility and retracement risks. What levels matter for XRP next? Fibonacci targets sat at $3.80 and $4.49, but a handle retest near $3.00 could decide continuation. Whales unloading 160 million Ripple [XRP] in just two weeks has sparked caution in the market, as such concentrated selling often drives volatility and liquidity stress. Historically, whale exits have acted as catalysts for short-term corrections, particularly when retail demand cannot offset supply. By the way, this latest…
Bitcoin Price closed last week at $115,390, briefly breaching the $115,500 resistance level as it pushed into the weekend, only to dip back down and close the week out just below it. Last week produced a strong green candle for the bulls, maintaining upward momentum into this week. The U.S. Producer Price Index came in well below expectations on Wednesday morning last week, giving market bulls hope for the impending rate cut decision by the Federal Reserve. U.S. inflation data the following morning was lukewarm, however, as it registered at 2.9%, as expected, but higher than the previous month’s reading…
Shiba Inu’s decentralized finance platform on its Shibarium layer-2 network offered a 5 Ether ($23,000) bounty to the attacker behind a recent bridge exploit, urging the return of stolen assets.On Monday, the DeFi platform sent an onchain message to the attacker saying that the bounty offer will remain open for 30 days. The protocol added a deadline and a condition that the bounty will begin decreasing in seven days.“Settlement is atomic when we call recoverKnine(). If you call accept() we cannot cancel the deal. Code is law,” K9 Finance wrote. “Bounty is live. Please, act fast.”In an X post on…
Crypto markets rebounded after last week’s consumer price index (CPI)-driven turbulence, with institutional inflows into BTC and ETH ETFs supporting a broader rally. Altcoins are stealing the spotlight as optimism builds around eventual ETF approvals. Crypto Regains Momentum as ETF Inflows and Altcoins Lead Rally After a shaky week tied to U.S. inflation data, crypto […]
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The broader cryptocurrency market has sprung back to life again, with Ethereum rising back above the $4,600 price mark after a renewed bullish move. Within the period of bullish action, Bitmine Immersion has gone on a significant buying spree, acquiring thousands of ETH in the month of September alone. Bitmine’s Unstoppable Ethereum Buying Spree Ethereum’s price is experiencing a newfound upward strength as the leading altcoin draws dangerously closer to the $4,700 level. While ETH is gaining bullish traction, Bitmine Immersion Technology Inc., a leading treasury company,…