The price of Bitcoin hasn’t been successful in being stable over the $70,000 mark. It started declining and traded below the $69,200 support zone. Also, at the time of writing, it is exchanging hands at $68,296.87. The price went below the 38.2% Fib retracement level of the upward shift from
Michael Saylor, Founder of Strategy, has hinted that Strategy could buy bitcoin again. The latest BTC purchase could come at a time when Bitcoin price has dropped below $69k. A statement by U.S. Treasury Secretary Scott Bessent could also be a potential factor, given that it signals a positive outlook
Grayscale has filed to convert its Aave trust into an exchange-traded fund, signaling renewed institutional interest in altcoins. The crypto asset manager submitted a Form S-1 registration statement with the U.S. Securities and Exchange Commission on Friday, seeking approval to rename the product the Grayscale Aave Trust ETF. The firm
The closest business partner of Jake Paul is under fire after claiming the new AI-themed memecoin has a 0% rug pull risk. The statement from him immediately brings criticism from the blockchain sleuth ZachXBT, who argues that such claims are just unrealistic. What promise did the founder make? Geoffrey Woo,
Bittensor (TAO) recorded a strong move higher in the latest session, rising roughly 20% on the day as buyers pushed the token off recent lows. The rally comes after an extended corrective phase that had weighed on price action for several weeks. At the time of writing, TAO priced at
The Russian central bank has started to reconsider its previous opposition to stablecoins, which is a significant change in the country’s digital assets policy. First Deputy Chairman Vladimir Chistyukhin has confirmed that the Central Bank of Russia will conduct a study on the possibility of issuing a stablecoin in the
Humanity Protocol (H) has staged a strong comeback this week, climbing back into the $0.20 range and signaling a notable shift in short-term momentum. It has posted a notable intraday rebound, trading between a low of $0.1832 and a high of $0.2428 as buyers return to the market following recent
The company listed on the Nasdaq has changed its strategy, focusing on Solana. It announced a new product in which the large investors can borrow money using their staked SOL as collateral without removing the staking or selling the tokens. After this announcement, the market reacted immediately, and the firm’s
The CLARITY Act debate has intensified after the Digital Chamber released a competing set of principles to challenge proposals backed by major U.S. banks. The blockchain trade association defended the current draft bill while signaling room for compromise on specific issues. The banking sector has pushed for tighter restrictions, particularly
Bitcoin investors are under pressure due to the recent U.S. inflation numbers showing easing. This has created valuation uncertainty for investors in digital assets. The Consumer Price Index dropped to 2.4% in January compared to 2.7% in December, according to official numbers. According to Anthony Pompliano, investors need to re-evaluate
