RENDER Could Reclaim the $1.39 Neckline Resistance or Decline Further
RENDER is showing clear bearish signs after forming a double top on the H4 chart on Monday, February 23, peaking twice around $1.38–$1.39. According to the crypto analyst Crypto Pulse, a strong red candle broke below the neckline, signaling rising selling pressure. This classic reversal pattern suggests that the recent uptrend may be losing momentum,
Negative Bitcoin funding rate may signal pending short-squeeze above $70K
Bitcoin holds its range trend even as the funding rate turns negative and BTC open interest flatlines. Is the data leaning toward a short-squeeze back to $70,000?
Matt Hougan: BTC Is Still in Its ‘Teenage State’
Bitwise Asset Management Chief Investment Officer Matt Hougan took to social media to defend Bitcoin (BTC) against a wave of criticism, arguing that skeptics judging the asset as a failed store of value are ignoring the volatile “teenage phase” necessary for any new monetary asset to mature. His comments were a direct challenge to a […]
Crypto suffers deeper declines as AI fears send IBM plunging 11%
Artificial intelligence company Anthropic announced that its Claude platform can streamline COBOL code, a key profit center for IBM.
Bitcoin can rebound fast and hard as $7.7T in “sidelined funds” enter new opportunity window
A $7.8 trillion cash pile sits in US money market funds, earning, rolling, waiting. The Federal Reserve began this easing cycle on Sept 18, 2024, and it’s now been 522 days since that first cut. Looking at historical market movements, we’re entering a window whereby funds have typically started to rotate back into riskier assets. […]
AI Explains What’s Driving The Ethereum Price Volatility, Can It Rise Above $3,000 Again?
A recent technical breakdown shared by crypto analyst Trader Tardigrade added a notable outlook to the discussion of how fast Ethereum can enter into a bull run or if there’s more consolidation ahead. In his post on X, he compared Ethereum against the US Dollar Index and then consulted Perplexity AI for a data-backed explanation of […]
Critical Bitcoin weekly trend breaks for first time in 2+ years: Is BTC done?
Bitcoin’s weekly candle closed before a key moving average, breaking a 30-month trend and possibly signalling that new price lows are pending.
French Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project
Bitcoin Magazine French Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project French utility giant Engie is exploring the installation of battery storage systems or bitcoin mining data centers at its newly launched Assu Sol solar plant in Brazil, as it looks to offset mounting curtailment losses and improve project economics, according to […]
CARV Jumps 12% From $0.05370 Base—Will $0.0693 Resistance Give Way Today?
The latest trading session recorded CARV (CARV) at $0.06737 having recorded a gain of 12.1 percent on a daily basis. The price action was after a sudden rise at the less than $0.05370 weekly levels. The token currently has a specified 24 hours range of between $0.05856 and $0.06871. It is important to note that […]
XRPL Metrics Drop 50–80%: Analyst Explains Why and Can It Hurt XRP’s Price
XRP Ledger activity has dropped steeply, with public metrics showing active users, payment volume, and sender accounts falling between 50% and 80% within weeks, according to market watcher Arthur. The data has sparked debate over whether the network is weakening or simply shifting activity away from public dashboards after a new institutional trading feature went […]
Strategy Reaches ‘Orange Century’ as Saylor Marks 100th Bitcoin Purchase
Strategy has made its 100th purchase of Bitcoin on Monday, Feb 23, marking a milestone in its long-running streak of purchasing the cryptocurrency every week. The purchase comes at a time when Bitcoin continues its decline below key levels, with MSTR stock also trading lower. An SEC filing confirmed that the company had made its
Ethereum Slides 5% Amid Bitcoin Weakness, Eyes $2,120 Resistance
Ethereum (ETH) is seeing further selling pressure, and the global cryptocurrency market is showing signs of weakness. Investors are looking at the intraday outlook for any buying opportunities. At the time of writing, ETH is trading at $1,879.71, with a 24-hour trading volume of $24.86 billion and a market capitalization of $225.26 billion. ETH is