Bitcoin has dropped to nearly $62,000, about 50% below its all-time high, entering a valuation range historically linked to major market bottoms. Analyst Rafael highlights key support levels between $46,000 and $54,000, anchored by the CVDD model near $46,000, which has reliably marked cycle lows in the past. Bitcoin's drawdowns are becoming shallower, suggesting a higher floor than previous bear markets. While exact bottoms can't be predicted, this range is seen as a probable support zone, with recovery likely if Bitcoin surpasses $75,000 to $79,000.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
