Bitcoin price recovered 2.8% from a low of $62,850 to around $64,650 as traders prepared for the Federal Reserve's interest rate decision. The rebound was supported by buyers defending the 200-day moving average, with immediate resistance at $65,000–$65,200. Market positioning shows significant call option activity targeting a rise to $72,000, but a failure to break $65,000 could lead to a drop toward $62,000–$62,500 amid ETF outflows. The Fed's decision and commentary will be crucial for Bitcoin's next move, with a rate hike potentially pressuring the price and a hold possibly allowing a breakout above $65,000.
TSMC, the world's largest chipmaker, has delayed the start of high-volume production at its second Arizona fabrication plant to the second half of 2027 due to longer-than-expected inspections and calibrations. This delay is significant because TSMC p...
Tether AI has unveiled a new vision model for edge devices as part of its QVAC platform, enhancing on-device AI capabilities without relying on cloud computing. The platform supports local AI inference and training, with recent updates adding image c...
US-listed spot Bitcoin ETFs experienced $49.7 million in outflows, extending a four-day streak totaling about $526 million withdrawn. Despite this, the ETFs still hold a net inflow of $51.3 billion overall. Bitcoin's price showed volatility, dipping ...
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
Bitcoin's spot trading volume in July is on track to reach its lowest level since November 2023, with an average daily volume of $2.2 billion, according to K33 research. This decline reflects a broader summer liquidity slowdown affecting both spot an...
