Bitcoin struggled to break above the $64,000 resistance level, facing rejection three times but trading near $63,240 with a weekly gain of almost 6%. Large investors, or whales, showed bullish confidence by opening leveraged long positions totaling about $94 million, signaling expectations of a continued recovery. However, derivatives data indicated sellers still dominated short-term trading, with more sell orders and net outflows in futures. Technical indicators suggest buyers have a chance to push Bitcoin past $64,000, but a failure could see a drop back to $62,000 support.
Bitcoin Suisse has obtained a financial services license from Abu Dhabi Global Market (ADGM), allowing it to offer regulated crypto services in the UAE. This license marks a key step in the firm's Middle East expansion, providing access to institutio...
More than $430 million in leveraged crypto positions were liquidated in the past 24 hours as Bitcoin remained steady around $102,000 while major altcoins like Ethereum, Solana, and XRP declined. The liquidations, concentrated mostly in Bitcoin and Et...
Bitcoin price remains above $63,000 following a nearly 10% rebound driven by expectations of Federal Reserve rate cuts and renewed institutional demand. Technical resistance near $64,000-$65,000 limits further gains, while support holds around $61,00...
The Altcoin Season Index remains at 47, indicating a neutral market phase where Bitcoin continues to dominate with 58.1% market share. Although some altcoins like Ethereum show modest gains, the overall altcoin rally lacks breadth to confirm a full a...
Amid a historic drop in the Japanese yen, local companies are increasingly buying Bitcoin and XRP not for speculation but to pay bonuses and dividends to shareholders. SBI VC Trade, a crypto exchange owned by SBI Holdings, has surpassed 2 million acc...
