Bitcoin Point Of Control Sits At $117K – Key Battle Zone For Bulls

Bitcoin (BTC) tumbled below the $110,000 level in a sharp move that rattled markets and triggered a wave of short-term panic selling. The sudden decline followed an initial post-Fed volatility spike, as traders reacted to the US Federal Reserve’s 25bps rate cut and announcement of an impending end to quantitative tightening. With uncertainty still lingering, BTC briefly slipped into a risk-off spiral, testing investor conviction and flushing out leveraged positions in the process. Related Reading Despite the market turbulence, several analysts argue this move may represent a classic shakeout, rather…

Bitcoin November Rally At Risk? This Week’s Close Holds The Key

Despite the Federal Reserve (Fed)’s announcement of a 25-basis-point rate cut, Bitcoin (BTC) has dropped nearly 4% in the past 24 hours, losing its local range low for the first time in a week. Some analysts have warned that this week’s close is crucial for the flagship crypto’s short-term performance. Related Reading Bitcoin Price Eyes Crucial Weekly Close On Thursday, Bitcoin dropped below the recently reclaimed $110,000 area, hitting a one-week low of $106,700. Notably, the cryptocurrency has been trading within the $108,000-$120,000 price range since July, but has failed…

Ledger And Trezor Release 2025 Hardware Wallets: Key Updates

Major hardware crypto wallet providers Ledger and Trezor have both released new wallet iterations, giving users additional options to safeguard their assets through self-custody. Paris-based Ledger introduced its latest device, the Ledger Nano Gen5, on Thursday. In a notable shift, the company has dropped the term “hardware wallet” entirely, now referring to all its devices as “Ledger signers.” Rival hardware wallet company Trezor, based in Prague, also released its Trezor Safe 7 earlier this week, describing the device as its first quantum-ready hardware wallet. As both Ledger and Trezor have…

XRP Price Under Pressure — Bulls Attempt To Defend Key Support Zone

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin, Gold Brace for CPI as Key Data Goes Dark

With most U.S. economic data frozen by the ongoing government shutdown, September’s CPI report, set for release on Oct. 24, has become the market’s only major guidepost. Traders are watching closely for signs of easing inflation that could shape liquidity expectations and drive bitcoin’s next move. All Eyes on CPI Amid U.S. Shutdown and Market […] Original

These Key Signals Point To A Deeper Crash Ahead

The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon. Emerging Correlations Among Crypto Prices  The report points to notable trends observed in April of last year, when a 50% increase followed the launch of several spot Bitcoin exchange-traded funds (ETFs_. Specifically, BlackRock’s IBIT fund which boasts over $85 billion in assets under…

Analysts See $250 Rally Ahead as Solana Holds Key Support and Trading Volume Surges

Solana (SOL) is back on the front foot after a choppy week, trading near $194 and holding a critical support band at $175–$186 that has repeatedly attracted dip buyers since August. Related Reading Price reclaimed the $190–$193 area after a sharp bounce from trendline support, with traders now eyeing a clean break over $200 to flip momentum. On the charts, Solana remains inside a descending channel of lower highs and lows, but a sustained move above $202–$211 (a confluence of the 20/50-day EMAs and key Fibonacci levels) would mark a…

XRP Stalls Below Key Resistance, But Setup Aligns For An Elliott Wave Finish

XRP is showing signs of hesitation after a strong rebound, struggling to push past key resistance levels. The recent price action fits neatly within an Elliott Wave pattern, suggesting the market may be entering its final consolidation phase before the next major move unfolds. Market Pauses After The Storm CasiTrades, in a recent market update, explained that following last Friday’s sharp wipeout, prices managed to rebound impressively, but that momentum now appears to be losing steam. According to the analyst, such pauses are natural after strong moves. In Elliott Wave…

Bitcoin Back Under $111,000 As Key Holders Shed 17,500 BTC

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Crypto Whale Behind $19B Liquidation Event Moves $129M Into Binance Ahead of Key Macro Events

Key Notes The Hyperunit entity previously profited from shorting Bitcoin during Trump’s tariff announcement that triggered $19B in liquidations. Bitcoin futures volume plunged 32.77% to $96.56B while open interest fell to $72.62B as traders cut leverage exposure. Long-to-short ratio turned bearish at 0.99, signaling deleveraging as markets brace for Fed decision and government shutdown impacts. On Oct. 15, blockchain trackers detected a $129  million transfer from a wallet cluster tied to the “Hyperunit” trading entity into Binance. The entity, which manages over $10 billion in crypto assets, gained attention after…