After a sharp selloff, Bitcoin is stabilizing above the $60,000 support level with signs of momentum improving, though it faces strong resistance around $64,800 and higher EMAs. Dogecoin and Shiba Inu remain in long-term downtrends with weak momentum and resistance overhead, limiting recovery prospects. In contrast, Zcash shows strong technical performance, trading above all major moving averages and approaching key resistance at $540, suggesting potential further gains. Overall, the market shows early signs of stabilization but remains cautious with mixed trends across major cryptocurrencies.
Duke University professor Campbell Harvey suggests that a costly $8 billion 51% attack on Bitcoin could become financially viable by pairing mining control with large short positions in Bitcoin derivatives. Traditionally, such attacks were seen as ec...
Robinhood has launched its Layer-2 solution, Robinhood Chain, which is expected to enhance Ethereum's role in decentralized finance and increase demand for ETH. Meanwhile, Michael Saylor, CEO of Strategy, has indicated a shift from his previous "neve...
Bitcoin and Ethereum prices dipped slightly while altcoins mostly fell, signaling cautious trading in the crypto market. Bitcoin's market share increased marginally to 58.42%, indicating a shift toward safer large-cap assets amid weaker altcoin deman...
Investor Haseeb Qureshi, managing partner at Dragonfly, states that consistently holding Bitcoin through market downturns is the only strategy that has reliably worked in crypto. He highlights that many investors fail because they sell during dips in...
Bitcoin remains resilient above the $60,000 support level despite renewed macroeconomic fears triggered by geopolitical tensions and rising oil prices. Large investors, or whales, are increasing their long positions, contrasting with retail traders w...
