Tag: Support

Coinbase May Withdraw Support from CLARITY Act: Bloomberg

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US crypto exchange Coinbase is reportedly ramping up pressure on US lawmakers to resist a push to ban certain decentralized finance provisions in a major crypto bill known as the CLARITY Act.  A report from Bloomberg on Sunday, citing “a person familiar with the firm’s thinking,” said Coinbase “may reconsider its support” for the bill should it restrict stablecoin issuers from offering rewards on crypto exchanges and other platforms. Cointelegraph reached out to Coinbase for comment but didn’t receive an immediate response. Banking groups have been concerned that stablecoin rewards…

Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

CLARITY Act Needs Bipartisan Support in Senate Banking Committee: Analyst

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The passage of the Digital Asset Market Clarity Act of 2025, also known as the CLARITY market structure bill, hinges on bipartisan support in the United States Senate Banking Committee, according to Alex Thorn, head of research at crypto investment firm Galaxy. Typically, the Senate needs at least 60 votes to advance legislation, and Republicans need seven to 10 Democrats to vote yes on the CLARITY Act, Thorn said on Friday. If Republicans can secure four votes from Democrats on the Senate Banking Committee, it is “likely” that all 17…

Bitcoin Risks Drop To $69,000 If Pennant Support Breaks, Analyst Warns

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A cryptocurrency analyst has pointed out how Bitcoin could risk a crash to $69,230 if the support level of this Bear Pennant doesn’t hold up. Bitcoin Might Need To Hold Above $87,200 In a new post on X, analyst Ali Martinez has talked about a support level that BTC might have to hold in order to avoid a steep drop. The level in question is the lower line of a Bear Pennant. A Pennant is a pattern from technical analysis (TA) that’s similar to a Flag. Both of these patterns…

Ethereum Co-founder Reiterates Support for Roman Storm, Citing Privacy

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Vitalik Buterin, co-founder of the Ethereum blockchain, has doubled down on his support of Tornado Cash developer Roman Storm, who could be retried on two felony charges sometime this year. In a Friday X post, Buterin warned his followers about privacy from both the public and governments, adding that he had used Tornado Cash to make transactions in furtherance of this principle. The Ethereum co-founder has supported Storm since before his criminal trial, saying that developing software for others to use for privacy was not a crime.  “I have personally…

Bitcoin bulls cling to $90k as key support holds inside bull flag

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Bitcoin is wrestling with the $90k support zone inside a larger bull flag and ascending triangle, with stochastic RSI oversold and a breakout or breakdown looming. Summary Bitcoin has repeatedly defended the $90k horizontal support, with intraday wicks below the level failing to close, keeping the short‑term bull flag intact.​ Daily and weekly charts show a confluence of a bull flag and green ascending triangle, with a breakout path targeting higher resistance after a likely pause at a round number.​ Stochastic RSI is bottomed out on lower timeframes, hinting at…

Bitcoin Price Holds Support After Pullback—What Comes Next?

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Bitcoin price started a downside correction below $92,500. BTC is now struggling and might face barriers for a fresh increase near $92,000. Bitcoin started a downside correction and traded below the $91,200 zone. The price is trading below $91,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $92,000 zone. Bitcoin Price Attempts Recovery Bitcoin price failed…

Crypto Market Liquidations Hit $450 Million as BTC Price Loses $90,000 Support, What’s Next?

Key Notes The total crypto market dropped by roughly $97 billion in the last 24 hours to around $3.08 trillion. The Crypto Fear & Greed Index plunged 14 points to 28, signaling heightened fear as traders reduce exposure amid macro uncertainty. BTC price is slipping to the $88,000 support zone, where a large buy wall and a CME gap exist. The broader cryptocurrency market is once again seeing selling pressure with Bitcoin BTC $90 194 24h volatility: 2.5% Market cap: $1.80 T Vol. 24h: $49.11 B price dropping 3%, and…

XRP Price Gives Back Upside, Market Watches Support Closely

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 Price Dips Further, Setting Up a High-Stakes Support Moment

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Bitcoin price started a downside correction from $94,500. BTC is now struggling and might dip toward the key support at $89,000. Bitcoin started a downside correction and traded below the $92,000 zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $92,500 zone. Bitcoin Price Starts Downside Correction Bitcoin price failed…