Bitcoin STH Realized Price Signals Fragile Support: Correction Risk Intensifies

Bitcoin is entering a critical phase after losing the crucial $115,000 support level, with selling pressure mounting across key timeframes. The bullish momentum that previously fueled upside moves has faded, and price action now signals growing market weakness. As investor sentiment shifts from cautious optimism to concern, fears of a deeper correction below $110,000 are gaining traction among analysts. Related Reading According to CryptoQuant analyst Axel Adler, Bitcoin has established a short-term resistance level at $112,000—a constructive sign that the market is attempting to stabilize. However, Adler warns that the…

Bitcoin Market Pundits Flag BTC Price Levels to Watch Next

Key points: Bitcoin bulls keep momentum intact at the Wall Street open, with $117,000 and higher on the radar. Order-book liquidity shows shorts getting liquidated, with fresh liquidity being added higher. Bitcoin conforms to key Bollinger Bands levels, producing another fake breakdown this month. Bitcoin (BTC) delivered a textbook rebound move Thursday as BTC price stayed pinned by key resistance levels. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin shorts pay as price hits new August high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $117,000 before cooling off. The…

Shiba Inu Burn Rate Skyrockets 3,464%, Price Stages Rebound

Key Notes Shibburn, the dedicated burn tracker for the Shiba Inu ecosystem, shows that the burn rate has spiked by 3,464%. The destruction of 9,614,765 SHIB within 24 hours leaves the market with 584,612,601,558,519 SHIB in circulating supply. In the middle of this, SHIB price responded with a 1.91% rally. The Shiba Inu SHIB $0.000012 24h volatility: 1.6% Market cap: $7.29 B Vol. 24h: $136.34 M burn rate has spiked by 3,464%, per data from Shibburn, the dedicated burn tracker for the ecosystem. Coincidentally, SHIB price has staged a mild…

XRP Price Trapped Below Resistance – Bulls Running Out of Steam?

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…

Worldcoin Price Tops $1 as Sam Altman Offers ChatGPT to US Government

Key Notes OpenAI secured a federal contract through GSA’s OneGov initiative, offering ChatGPT Enterprise to all agencies for $1 annually. WLD trading volume declined on major exchanges except Coinbase, suggesting stronger US market interest in the token. Technical analysis shows WLD consolidating near $1.02 Bollinger midline resistance with potential upside to $1.33 target. Worldcoin WLD $0.96 24h volatility: 3.4% Market cap: $1.78 B Vol. 24h: $136.75 M price rose 3%, grazing the $1 mark and lifting its market cap to $1.7 billion on August 6. The WLD price uptick came…

Ethereum Price Looks Strong – Uptrend May Resume Above Key Zone

Ethereum price found support near the $3,540 zone and recovered. ETH is rising and might soon aim for a move above the $3,740 zone. Ethereum started a fresh increase above the $3,540 and $3,580 levels. The price is trading above $3,620 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,540 zone in the near term. Ethereum…

Bitcoin Price Tries to Climb Again – Bulls Eye Short-Term Upside

Bitcoin price is attempting to recover above the $114,200 zone. BTC is now consolidating and might attempt to clear the $115,500 resistance zone. Bitcoin started a recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $114,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,500 resistance zone. Bitcoin Price Attempts Recovery Bitcoin price found…

Ethereum Price Lags Despite All-Time High In Daily Transactions

The Ethereum (ETH) blockchain is experiencing a renewed surge in network activity, recently reaching a fresh all-time high (ATH) in daily transactions. However, despite this increase in on-chain fundamentals, ETH’s price continues to trade below major resistance levels, raising concerns that bullish momentum may be fading. Ethereum Network Activity Picks Momentum According to a CryptoQuant Quicktake post by contributor CryptoOnChain, Ethereum’s daily transaction count – highlighted in pink in the below chart – has surged to a new ATH of approximately 1,550,000 transactions per day. Source: CryptoQuant This sharp increase…

BNB Price Faces Death Cross at $785 as CEA Industries Rebrands to BNB Network Company

Key Notes Corporate rebrand signals strategic alignment with BNB Chain ecosystem backed by substantial institutional investment funding. Technical analysis shows death cross formation at $785 resistance level creating mixed signals for continued upward momentum. Best Wallet presale capitalizes on increased institutional adoption with $14 million raised targeting early-stage opportunities. Binance Coin BNB $773.4 24h volatility: 2.8% Market cap: $107.78 B Vol. 24h: $1.01 B surged more than 5% on Wednesday, August 6, following a landmark announcement from CEA Industries Inc., which has now rebranded as BNB Network Company (BNC). This…