Bitcoin faced strong resistance at its 200-day moving average around $82,400 and pulled back to about $77,900. CryptoQuant's Bull Score Index dropped to 20, signaling extremely bearish market conditions similar to early 2022. U.S. spot Bitcoin ETFs saw nearly $2 billion in outflows over two weeks, while demand from key markets like the U.S., South Korea, and Hong Kong remains weak. If selling pressure continues, Bitcoin could test the critical support level at $70,000 next, which has historically capped previous rallies.
Zcash (ZEC) surged about 90% in 30 days, reaching a local peak near $675, driven by the SEC closing its investigation without enforcement and plans for post-quantum cryptography within 12–18 months. The Zcash Foundation holds $36.7 million in liquid ...
Tether has filed trademarks in South Korea for potential KRW-backed stablecoins named KRWT and WONTETHER, signaling a possible expansion into the Korean market. Meanwhile, Tether gained full control of Twenty One Capital, a major Bitcoin treasury hol...
Despite a record $2 billion net outflow from American spot Bitcoin ETFs over the past ten days, Bitcoin's price has rebounded and surpassed $77,000. This resilience is attributed to strong demand from retail investors, whales outside ETFs, and Asian ...
Bitcoin's price surged above $78,000, causing over $30 million in short positions to be liquidated within hours. This rally reflects strong upward momentum despite ongoing geopolitical tensions in the Middle East involving the U.S., Iran, and Israel....
Bitcoin recently dropped from its 200-day moving average near $82,400 to around $77,900 after failing to sustain a rally. This level is seen as a key test between a bear-market bounce and a true recovery. CryptoQuant attributes the decline to weakeni...
