The 200-Week Simple Moving Average (200WMA) for bitcoin BTC$106,561.73 is approaching $50,000, currently sitting at approximately $49,223, according to Glassnode data. This is one of the very few indicators in bitcoin that has only risen over time. The 200WMA has historically provided significant support levels. During the 2015 bear market, it offered support around $200. […]
Category: Cryptocurrency news
Why Did Bitcoin’s Rise Stop? Is There a Possibility of a New Rally for BTC? Bitfinex Analysts Explained!
As the leading cryptocurrency Bitcoin (BTC) continues its sideways trend, investors are eagerly waiting for a major rally to come. However, Bitfinex analysts said the Bitcoin rally was losing momentum as profit-taking increased and volume decreased. Uptrend Momentum Weakening! Bitcoin’s nearly three-month rally appears to be losing momentum as buying pressure weakens and profit-taking intensifies, […]
Will Bitcoin crash below $100k as network activity nosedives 45%?
Will Bitcoin crash below $100k as network activity nosedives 45%? Paul L. Cryptocurrency Jul 1, 2025 Share As Bitcoin (BTC) consolidates around the $107,000 mark, on-chain data is showing signs of fatigue, suggesting a potential price move may be imminent. Specifically, the number of large Bitcoin transactions exceeding $100,000 has decreased by 45.3% over the […]
Renowned Economist Robert Kiyosaki Says, “Bitcoin Seems Very Expensive Right Now, But I’m Still Buying It,” and Explains Why
Robert Kiyosaki, one of the well-known names in the financial world, shared his thoughts about Bitcoin on his personal social media account. Kiyosaki stated that Bitcoin’s current price level seems “expensive” but that in the future, even today’s prices will be considered “cheap”. Kiyosaki admitted that he started investing in Bitcoin late, and stated that […]
How GameStop Inspired This Lingerie MMA League to Bet on Bitcoin
A lingerie mixed martial arts league is gearing up to buy Bitcoin, following the model established by $64 billion BTC treasury giant Strategy—but the league credits not Strategy or outspoken founder Michael Saylor for the inspiration, but rather video game retailer GameStop. On Thursday, Lingerie Fighting Championships announced that it plans to acquire $2.23 million […]
Institutional investors pour into Bitcoin ETFs despite flat prices
Bitcoin is standing still while the rest of the market is running laps. Over the past month, as the S&P 500 continues to clock record highs and new IPOs explode out of the gate, Bitcoin hasn’t broken past its last high set on May 22. Adam Parker, the founder of Trivariate Research, told clients that […]
Fold Holdings Slumps 7% on Delay in Bitcoin Rewards Credit Card
Fold Holdings (FLD) notified customers early Monday afternoon of a delay in the rollout of its Fold Bitcoin Credit Card. Shares quickly slumped more than 7% on the news. “A key infrastructure partner unexpectedly exited the credit card business, disrupting our planned rollout,” said Fold in an email to customers. “As a result, the launch […]
Kingdom of Bhutan just deposited $15 million Bitcoin on Binance; Time to sell?
Kingdom of Bhutan just deposited $15 million Bitcoin on Binance; Time to sell? Paul L. Cryptocurrency Jun 30, 2025 Share The Kingdom of Bhutan’s Bitcoin (BTC) strategy has taken a notable turn with the transfer of part of its holdings to cryptocurrency exchange Binance, suggesting possible plans to sell. Details of the transaction indicate that […]
Metaplanet Adds $104M in BTC, Testing Limits of Bitcoin Treasury Plan
Japanese investment firm Metaplanet Inc. added another 1,005 BTC to its expanding Bitcoin treasury, spending $104 million (¥15.6 billion) per Bitcoin as part of its most aggressive monthly acquisition spree yet. Metaplanet’s latest purchase brings its total Bitcoin holdings to 13,350 BTC, worth approximately $1.27 billion (¥191.3 billion), securing its position as Asia’s most audacious […]
Bitcoin to below $100,000 now possible as BTC flashes death cross
Bitcoin to below $100,000 now possible as BTC flashes death cross Paul L. Cryptocurrency Jun 30, 2025 Share Bitcoin’s (BTC) attempt to reclaim the $110,000 mark appears to have stalled, with technical indicators suggesting a possible correction may be underway. In this case, Bitcoin is facing strong resistance near the descending trendline around $109,000. This […]