Key points: Bitcoin tries and fails to conquer $107,000 — an important local level for traders. BTC price forecasts retain the possibility of the market falling back under $100,000. Bitcoin bulls need a perfect storm to move toward all-time highs, analysis concludes. Bitcoin (BTC) eyed its new weekend futures gap on Tuesday as talk turned to a BTC price “rejection.” BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin CME gap in focus as BTC price reverses Data from Cointelegraph Markets Pro and TradingView showed bulls failing to reclaim key support overnight. Despite hitting…
Category: CryptoX News
Bitcoin Spot Demand Spikes Signaling BTC’s ‘Potential for a Breakout Move’
Key takeaways: Bitcoin spot demand has flipped positive, signaling a potential bullish reversal. Increasing spot volume suggests higher speculative activity. BTC price must reclaim $110,000 as support to secure the recovery. Demand for Bitcoin (BTC) has shown signs of recovery in November, signaling a possible bullish reversal. However, traders say momentum will increase once the BTC/USD pair breaks above $110,000. Bitcoin apparent demand hits a four-month high Bitcoin’s apparent demand has shifted to a positive outlook after rising to its highest level since July, as traders and investors adopt a…
Standard Chartered to Support DeCard Stablecoin Payments in Singapore
Standard Chartered has partnered with DCS Card Centre to act as the principal banking partner for DeCard, a new credit card that lets users spend stablecoins in everyday transactions. The launch starts in Singapore, where regulators have encouraged experimentation with digital payment systems, before expanding to other major markets, the companies said on Tuesday DeCard says it aims to make stablecoin spending as easy as using a regular credit card. It connects digital assets with traditional payment rails, allowing users to make purchases at merchants without worrying about volatility or…
BTC Surges Past $106K And Trends Online As US Senate Passes Funding Bill
Bitcoin has been trending on social media over the last few days as US politicians have been working toward an end to the disruptive US government shutdown, culminating in the Senate’s passage of the highly contested funding bill on Monday. It reportedly took around 10 hours for Republicans to get the job done on Monday and obtain the 60 votes (eight being Democrats) needed to pass a funding bill that would cover most of the government’s expenses through to the end of January next year. “After passage, the CR goes…
U.S. 10-Year Yield Could Rise to 6%
This is a technical analysis post by CryptoX analyst and Chartered Market Technician Omkar Godbole. For nearly two years, the U.S. 10-year Treasury yield has been caught in a curious stalemate reminiscent of the pattern seen in bitcoin BTC$106,484.16 through the summer of 2024, just before it began its record rally to over $100,000. At the centre of the story is the monthly MACD histogram, a widely tracked momentum indicator that has been persistently bearish, pointing to a decline in the yield since December 2023. Yet, contrary to the bearish…
TradFi doesn’t see the potential of stablecoins: Mega Matrix
Most traditional investors still see crypto as somewhere between VC and gambling, says Mega Matrix EVP Colin Butler. While most traditional investors continue to wait on the sidelines for regulatory clarity, the foundations of a new financial system are already being laid—and stablecoins are at the center of it. Summary Most investors are sitting on the sidelines of a vast transformation Stablecoins are becoming the basis of a new financial infrastructure Still, crypto markets desperately need transparency and risk management According to Butler, a former Wall Street veteran, stablecoins are…
Biotech firm Propanc lands $100m for digital asset strategy
Propanc Biopharma, a Nasdaq-listed biotech firm, has secured up to $100 million to bolster its digital asset strategy. Summary Nasdaq-listed biotech firm Propanc has secured up to $100 million in a deal set to bolster its digital asset strategy. The company is collaborating with family office Hexstone. The strategic initiative aims for undervalued Digital Asset Treasury companies. Australia-based Propanc, which announced plans for a diversified digital asset portfolio earlier this month, said on Monday that it had secured $100 million in financing via a securities purchase deal with family office…
Propanc Biopharma Secures up to $100 million for Crypto Treasury
Australia-based Propanc Biopharma has announced that it has secured $100 million from a crypto-focused family office to launch a crypto treasury — a move its CEO described as “transformative” as its cancer therapy product enters human trials next year. The private placement, structured through convertible preferred stock, provides Propanc with an initial $1 million investment and up to $99 million in follow-on funding over the next 12 months from Hexstone Capital, a family office that invests in several crypto treasury companies. The cancer-treating biotech company stated that the proceeds will…
US IRS, Treasury Update Guidance for Crypto ETPs
The US Internal Revenue Service (IRS), the country’s tax-collection bureau under the Department of the Treasury, has updated its guidance for cryptocurrency exchange-traded products (ETPs) to include a safe harbor for trusts to stake digital assets. Treasury Secretary Scott Bessent wrote in a Monday X post that the agencies released guidance offering crypto ETPs “a clear path to stake digital assets and share staking rewards with their retail investors.” According to the guidance available on the IRS website, government agencies would allow crypto trusts to participate in staking, provided they are traded…
TRON DAO Brings Blockchain Education to Columbia and Harvard Through TRON Academy
This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, November 10, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), successfully concluded its educational workshops with Columbia University and Harvard University Blockchain Clubs on November 7 and 8, respectively. These […] Source CryptoX Portal