Bitcoin has struggled to maintain the $60,000 level, frequently dipping below it over the past five days with $59,000 acting as support. During this period, large Bitcoin whales have been actively buying, including a recent purchase of 1,350 BTC worth $81.87 million from Binance, signaling growing optimism. Despite this whale accumulation, the overall market remains weak with bearish momentum dominating, suggesting that Bitcoin may continue to trade between $59,000 and $61,000 unless whale demand increases enough to push prices higher. If buying pressure strengthens, Bitcoin could rebound to around $64,500 in the near term.
Atos has appointed Judith Stewart as the new Head of Healthcare & Life Sciences for Asia Pacific, aiming to accelerate growth and innovation in the sector. With over 18 years of healthcare leadership experience, Judith will focus on helping organizat...
LUXEED showcased its Super Factory where over 2,000 intelligent devices and 880 robots work together to produce one vehicle every minute. The factory uses AI-driven automation for processes like welding and quality inspection, ensuring high precision...
Matt Hougan, CIO of Bitwise, described the recent Binance incident as a typical cybersecurity breach unrelated to any weakness in Bitcoin's blockchain. He emphasized that this event will not affect Bitcoin's long-term trajectory. Hougan also noted th...
Bitcoin's recent cycle lows have occurred between 13 and 71 days after U.S. midterm elections, with intervals shortening from 2014 to 2022. The lows appeared 71 days after the 2014 midterms, 39 days after 2018, and 13 days after 2022. Despite this pa...
A recent snapshot of Bitcoin's market order books revealed differing buy and sell order imbalances across major exchanges. Coinbase showed a $3.3 million surplus of sell orders over buy orders, with Bitcoin priced at $78,326. In contrast, Binance and...
