Bitcoin is approaching a critical resistance zone near $65,400 while holding above its weekly 200-day moving average around $63,800. Analysts warn that a brief push above $65,400 could trigger a pullback to support between $62,800 and $63,300, but a sustained break above $68,400-$70,000 would confirm a stronger bullish trend. The market is currently in a tight range, with the weekly 200MA acting as key support and resistance clustering near $70,000. Investors should watch for a decisive move above $70,000 for bullish confirmation or a drop below $63,800 for potential downside risk.
A cryptocurrency whale that sold 50,600 ETH near the 2025 peak has spent $85.42 million in stablecoins to buy 1,075.6 BTC at an average price of $79,412 over four days. The whale still holds $74.32 million in stablecoins and is currently about $2.35 ...
Bitcoin surged above $79,000 after US core annual inflation dropped to a 66-month low of 2.4%, signaling easing inflation pressures. However, the monthly core CPI rose 0.3%, higher than expected, boosting the probability of a Federal Reserve rate hik...
Ethereum's price briefly surged to $2,665 on September 11, driven by a significant inflow of $216 million into Ethereum ETFs, the highest since late August. This rise occurred despite Goldman Sachs' warning of a likely 25 basis point rate hike by the...
ETHFI surged 7.8% in 24 hours to $0.7345, leading crypto gainers despite a 2.1% drop in the total market cap. Bitcoin remains dominant at 58.2% with a price around $77,277. The rise in ETHFI reflects growing investor interest in restaking tokens and ...
Zcash mining currently generates about $708 per megawatt-hour (MWh) of electricity, nearly four times the $179 per MWh earned by Bitcoin mining with comparable equipment. This higher gross revenue is driving new miners and institutional players to Zc...
