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Ethereum Price Faces Challenges: Will It Find Traction Soon?

[Forum Announcement] Ethereum Price Faces Challenges: Will It Find Traction Soon?

Ethereum price struggled to extend gains above the $3,220 resistance zone. ETH is slowly moving lower and approaching the $3,060 support. Ethereum is consolidating and facing hurdles near $3,200. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,070 on th

Bitcoin Price on the Rise: Is There More Fuel for the Rally?

[Forum Announcement] Bitcoin Price on the Rise: Is There More Fuel for the Rally?

Bitcoin price is consolidating gains near the $91,000 zone. BTC is holding gains and might soon aim for more upsides above the $94,000 level. Bitcoin started a fresh increase above the $91,000 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $90,800 on the

Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000

[Forum Announcement] Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000

The Bitcoin price movements have recently formed a bullish symmetrical triangle pattern, a technical indicator that often precedes significant upward momentum. This pattern formation has come amidst a back and forth between $93,477 and $85,970 after the Bitcoin price reached an all-time high of $93,477 on November 14. The observation of this bulli

IBIT trading options launch, Bitcoin tap new all-time high $94k

[Forum Announcement] IBIT trading options launch, Bitcoin tap new all-time high $94k

BlackRock, the largest asset management in the world, officially launched iShares Bitcoin Trust ETF (IBIT) for options trading in Nasdaq, while Bitcoin (BTC) hit an all-time high of $94,041. Since the Securities and Exchange Commission (SEC) approved Bitcoin ETF trading options in September, IBIT is the first crypto product to reach the final clea

Bitcoin Whales Accumulate Amidst Record Price Highs and Wall Street’s Growing ETF Interest

[Forum Announcement] Bitcoin Whales Accumulate Amidst Record Price Highs and Wall Street’s Growing ETF Interest

Bitcoin’s largest holders, colloquially known as “whales,” haven’t seemingly taken advantage of the cryptocurrency’s massive price rise so far this year, and instead are still accumulating BTC at current price levels. According to data from on-chain analysis firm IntoTheBlock, net outflows among the biggest Bitcoin wallets have remained

MicroStrategy Strengthens Bitcoin Position With $4.6 Billion BTC Acquisition, Totaling 331,200 Coins in Treasury

[Forum Announcement] MicroStrategy Strengthens Bitcoin Position With $4.6 Billion BTC Acquisition, Totaling 331,200 Coins in Treasury

Nasdaq-listed business intelligence firm MicroStategy has further cemented its position as the leading corporate holder of Bitcoin after a major $4.6 billion acquisition of 51,780 BTC, bringing its total holdings to a staggering 331,200 coins. According to data from BitcoinTreasuries, MicroStrategy has bought its Bitcoin stash at an average cost o

Spot Bitcoin ETF Options Launch on Nasdaq with Record 73K Contracts Traded

[Forum Announcement] Spot Bitcoin ETF Options Launch on Nasdaq with Record 73K Contracts Traded

Spot Bitcoin ETF options officially debuted on the Nasdaq, marking a pivotal development for the cryptocurrency market. With the arrival of these options, starting with the BlackRock BlackRock’s iShares Bitcoin Trust ETF (IBIT), investors inevitably received additional instruments for hedging risks and covering exposure to Bitcoin’s fluctuation

Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin

[Forum Announcement] Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin

An Internal Revenue Service agent’s MacBook Pro that traced and seized 120,000 Bitcoin stolen from the crypto exchange Bitfinex in 2016 is now in the collection of Washington, DC’s world-renowned Smithsonian. “The laptop is the centerpiece of a criminal case that shows an evolving understanding of cryptocurrency,” Ellen Feingold, curator f