Bitcoin surged over 20% in a single week, rising from around $62,700 to $79,500, marking one of its strongest weekly gains in recent years. This rally mirrors past major market reversals seen in 2019 and 2023, suggesting a possible new bull market cycle. Technical indicators like a near bullish MACD crossover and Bitcoin trading above key moving averages support this positive outlook. However, the high RSI indicates the asset may face short-term consolidation or pullback after this strong momentum.
Altcoins are facing increased selling pressure, with 42.4% of Binance-listed tokens now trading below their 200-day moving averages, signaling fading momentum. Over the weekend, the median top-500 altcoin dropped 5.8%, reflecting a shift in investor ...
Quantum computing firm Quantinuum achieved a record 99.9995% logical fidelity, significantly reducing error rates and advancing toward a fault-tolerant quantum computer by 2029. This progress heightens concerns that powerful quantum machines could ev...
Bitcoin traded near $82,000 with a 1% decline over the week but maintained about 60% of the total cryptocurrency market value, indicating it fell less sharply than many altcoins. Polkadot dropped 6.7% over the week despite a recent 7% gain, while Eth...
The ETH/BTC ratio, which measures Ethereum's value relative to Bitcoin, has declined by over 10% since mid-September, reaching a three-month low near 0.0289. While Ethereum's dollar price remains stable around $2,400, its performance against Bitcoin ...
Japan's Virtual and Crypto Assets Exchange Association (JVCEA) has added Shiba Inu (SHIB) to its Green List, placing it alongside major cryptocurrencies like Bitcoin and Ethereum. This Green List is a pre-approved roster that simplifies regulatory pr...
