At 8:30 a.m. Eastern on Sunday, bitcoin is trading hands at $110,300, and prediction markets are buzzing with bets on whether the crypto heavyweight will hold its ground—or break new highs—through November. Polymarket’s November Wager The popular prediction platform Polymarket is running a hot contest titled “What price will Bitcoin hit in November?” where traders […] Original
Bitcoin appears to be gearing up for a major move as key technical patterns align. A strong triangle support structure and a developing inverse head and shoulders pattern are signaling a potential bullish reversal. Momentum is tightening, suggesting that a breakout could be closer than it seems. Massive Triangle Formation Holds Firm Amid Market Shakeouts Batman, a well-known crypto analyst, recently highlighted that Bitcoin has been consolidating for several weeks within a massive descending triangle formation. Despite multiple shakeouts attempting to push the price lower, the key support level has…
Ethereum is once again testing the strength of its key support band around the $3,700 zone, a level that has acted as a crucial lifeline for bulls in recent months. With momentum fading after repeated rejections near resistance, speculations are whether buyers can step in to spark a renewed push upward or if a deeper correction is on the horizon. ETH Pulls Back After Golden Pocket Rejection In his latest market update, Luca shared insights on Ethereum’s current technical setup, noting that the asset recently faced rejection at the high-timeframe…
Bitcoin mining is entering a new era in Japan, where it’s no longer viewed as an energy drain. The transformation is being spearheaded by Canaan (CAN), a forward-thinking initiative that integrates BTC mining into Japan’s renewable energy ecosystem to balance power demand and supply. This Is How Bitcoin Fits Into National Energy Policy In an X post, crypto analyst TheGentleTraveler has shed light on a significant and innovative development at the intersection of Bitcoin mining and energy infrastructure. CAN (Canaan Inc.) has announced a 4.5 MW smart BTC mining deployment…
Key Notes The protocol processed 6.41 million swaps across 124 assets on 20+ blockchains since December 2024 launch. Industry leaders from Bitcoin, Polygon, and Solana ecosystems have endorsed the chain-abstraction technology. Recent integrations include Tron, Cardano, and Aptos, while NEAR’s validator community approved inflation halving to 2.5%. NEAR Intents, a cross-chain and chain-abstraction protocol running on NEAR NEAR $2.07 24h volatility: 11.2% Market cap: $2.64 B Vol. 24h: $201.88 M , approaches $3 billion in all-time volume, making more than half of it in the last month alone. This happens…
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…
Key Notes Bitcoin ETFs recorded $101 million in outflows on October 22. BTC price is testing key support around $108,000 amid growing selling pressure. Long-term holders are taking profits while volatility rises in options markets. US spot Bitcoin BTC $109 456 24h volatility: 1.5% Market cap: $2.18 T Vol. 24h: $77.48 B exchange-traded funds (ETFs) registered a combined $101 million in net outflows on Oct. 22, while BlackRock’s iShares Bitcoin Trust (IBIT) managed an inflow of $73.6 million. Meanwhile, Ethereum ETFs mirrored the trend, with a total net outflow of…
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…
XRP is holding firm above the $2.38 support level after a recent pullback, suggesting that bulls may still have control. As buying pressure builds, traders are watching closely for a potential breakout that could reignite bullish momentum in the coming sessions. Early Strength Fades After Hitting $2.52 Umair Crypto, in his latest market update, noted that XRP displayed initial strength after rebounding cleanly from the 50-day Simple Moving Average (SMA). The price managed to climb to around $2.52 with a solid close on the 4-hour chart, signaling renewed buyer interest…
A small cap payments altcoin is rallying after receiving support from Coinbase, the top US-based crypto exchange. Coinbase says it is enabling trading of the crypto asset Keeta (KTA). Keeta is a layer-1 blockchain project that aims to unify payment networks by enabling secure cross-chain transactions for real-world assets (RWAs). Last month, Coinbase added Keeta to its listing roadmap, indicating the potential to list the coin for trading in the future. Coinbase established the listing roadmap in 2022 to increase transparency, and reduce the risks of front-running and insider trading.…