Bitcoin is holding onto its bullish divergence despite a recent minor market correction, signalling that the broader upward trend is likely to continue. While there is a simultaneous potential for a bearish divergence to emerge, which forms part of a market reversal, the existing bullish structure remains valid and active.
The largest asset, Bitcoin (BTC), is knocking on the door of the $64K resistance level again, but it’s stuck in a waiting game. Because the price is sitting right below its 50-day moving average, $65.8K, the market is essentially moving sideways. The real trigger is tomorrow’s FOMC minutes. Traders are
President of America, Donald Trump, reasserted his support for cryptocurrency during his recent speech as part of the growing relevance of cryptocurrency in international financial markets. In an interview, Trump stressed the need for America to stay ahead as digital assets expand internationally. Trump said: “I’m a big crypto guy
U.S. spot Bitcoin ETFs have posted $526.64 million in net outflows between June 29 and July 2, extending the withdrawal streak to eight consecutive weeks. Persistent outflows suggest that institutional investors continue to reduce exposure amid the ongoing market uncertainty. ETF flows are worth watching as they reflect broader institutional
Another 500 Bitcoins were recovered by the Irish authorities as part of the investigation. This was an international criminal group engaged in drug trafficking where cryptocurrency proceeds were used. The recovery was announced in a Facebook statement and in an X post by the Criminal Assets Bureau (CAB) on July
GoMining is announcing the GoBTC Pay Gen1 SDK and API, allowing merchants, wallet providers, and ecosystem partners to integrate Bitcoin payments into real-world products and services. The introduction represents the next step of GoBTC Pay, GoMining’s layer 1 Bitcoin payment technology intended to facilitate quick, non-custodial Bitcoin transactions. The Gen1
Bitcoin (BTC) is continuing to trade within a well-defined range. Price action remains trapped between key support near $58,000 and resistance around $61,000, with repeated attempts to reclaim the $60,000 region falling short. Recent trading activity shows buyers stepping in at slightly higher lows, suggesting demand is strengthening despite the
Jiang Zhuoer, a prominent Chinese Bitcoin miner and veteran market watcher, believes the current Bitcoin bear market could reach its final bottom between October and December 2026, with BTC potentially trading in the $42,000–$44,000 range. The outlook is based on the behaviour of Strategy’s mNAV ratio, a metric that compares
A known high-frequency trader, identified as 0x50b3, has captured the market’s attention after opening a massive 20x-leveraged long position in 1,653.8 BTC, valued at around $105.77 million. The move comes amid heightened interest in BTC’s short-term price direction, with traders closely monitoring large leveraged bets for clues about market sentiment.
GoMining is announcing the GoBTC Pay Gen1 SDK and API, allowing merchants, wallet providers, and ecosystem partners to integrate Bitcoin payments into real-world products and services. The introduction represents the next step of GoBTC Pay, GoMining’s layer 1 Bitcoin payment protocol intended to facilitate quick, non-custodial Bitcoin transactions. The Gen1 release changes GoBTC
