Bitcoin recently broke out and reached a key resistance level at $82,350 before pulling back. The price action has shifted into an ascending channel, suggesting potential for another attempt to surpass the critical macro high of $82,825. If bulls maintain momentum, a breakout could lead to a significant rally possibly targeting $95,400, which would signal a shift back to a bullish trend. However, if resistance holds, a short-term pullback to support levels around $78,530 or lower could occur before any further upward movement. Overall, the bullish trend remains intact unless prices fall below $69,000, which would raise concerns about a deeper correction.
Over the past seven days, centralized cryptocurrency exchanges experienced a combined net outflow of 14,978.95 Bitcoin (BTC). Binance led this trend with a significant outflow of 16,455.52 BTC, followed by Coinbase Pro with 4,034.39 BTC leaving the p...
Solana's network economics have improved, with token holder net income exceeding $400,000 for two consecutive weeks as SOL traded near $109 on October 11. This marks a recovery after three weeks of negative results, indicating that network activity g...
Strive raised about $55 million this week through its SATA preferred shares program, enough to buy nearly 638 bitcoins. However, the company's ability to continue this funding method depends on its stock price staying above the $100 nominal value. Si...
Two wallets reportedly exploited price swings on Hyperliquid by placing around $20 million in orders, shifting Ether prices slightly. They simultaneously opened large long positions on Papertrade, which uses Hyperliquid prices for settlement. This st...
Bitcoin balances on major exchanges remained stable over one day, with no net inflow recorded. However, weekly and monthly data show significant net outflows, indicating ongoing withdrawals from exchanges. Trading volume was highest during Asian hour...
