BITCOIN & ALTCOIN TRAP: DON’T BE FOOLED!!! – Bitcoin News Today, Ethereum & Altcoins

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Bitcoin Orderbook Structure Hints At Recovery To $70K

Bitcoin (BTC) is gaining buyersโ€™ interest after setting a new yearly low at $59,000 last week. Order book data and liquidity suggest a rally is pending and more than $2 billion in short liquidity is concentrated near $65,000. BTC’s bid-ask ratio has remained positive since last Friday.ย  The shift in positioning and sentiment also aligns with a bullish chart pattern targeting the $67,000โ€“$70,000 range.ย  BTC bulls attempt to regain control near support Bitcoin’s recent rebound to $63,500 followed a bullish divergence between the price and the relative strength index (RSI)…

Fireblocks Says Institutional ETH Staking Is Moving Toward Standardized Rails

TL;DR Fireblocks says it has launched ETH Staking Link, a standardized interface for institutional Ethereum staking integrations. The company says more than 36 million ETH, roughly 30% of circulating supply, is now staked across Ethereum. Fireblocks says Ethereum staking on its platform has more than doubled over the last six months. The update also highlights post-Pectra compounding validators, which can support balances up to 2,048 ETH rather than the original 32 ETH cap. Fireblocks says institutional Ethereum staking is moving into a more standardized phase as the amount of ETH…