Bitcoin advocate Samson Mow declared the recent bearish trend over, citing a strong $58,000 limit order wall that absorbed selling pressure and set a local bottom. He argued that Bitcoin's cycle has accelerated, with the all-time high reached 37 days before the halving, making traditional market cycle predictions outdated. Mow also criticized classical technical analysis as ineffective in the current market. This stabilization suggests fewer opportunities for lower entry prices, signaling a potential market recovery ahead.
The total cryptocurrency market capitalization fell 0.35% to $2.76 trillion over 24 hours, even as Bitcoin and five other major coins posted gains. Bitcoin rose 1.35% to $82,031, while Ether, XRP, BNB, Solana, and Dogecoin each gained between 2% and ...
On October 19, Bitway (BTW) experienced a sharp decline of 17.76%, falling to $2.00 and standing out as the biggest loser among 89 major non-stablecoin cryptocurrencies. Despite Bitway's drop, 77 other assets saw gains, with Quack AI leading the rise...
A single Bitcoin long position worth $4.09 million was liquidated on OKX's perpetual futures market at a price of $81,756 on October 19. This liquidation occurred because the position could no longer meet margin requirements, forcing the trade to clo...
Altcoins are facing increased selling pressure, with 42.4% of Binance-listed tokens now trading below their 200-day moving averages, signaling fading momentum. Over the weekend, the median top-500 altcoin dropped 5.8%, reflecting a shift in investor ...
Quantum computing firm Quantinuum achieved a record 99.9995% logical fidelity, significantly reducing error rates and advancing toward a fault-tolerant quantum computer by 2029. This progress heightens concerns that powerful quantum machines could ev...
