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The post BNB’s Journey Through Historic Support Levels appeared on BitcoinEthereumNews.com. BNB, a significant cryptocurrency market player, is once again testing the eight-year support line, a crucial marker that experts have been monitoring for years. This level has been vital to BNB’s price stability, acting as a key support during past major market corrections. Continue Reading:BNB’s Journey Through Historic Support Levels Source: https://en.bitcoinhaber.net/bnbs-journey-through-historic-support-levels
Read full articleOranjeBTC's strategic Bitcoin accumulation and share buybacks could enhance shareholder value, but hinge on Bitcoin's long-term price growth. The post OranjeBTC buys additional 20 Bitcoin, total holdings reach 3,762 BTC appeared first on Crypto Briefing.
Bitcoin’s recovery attempts are still being judged against a larger structure that has controlled price action for months. An interesting technical analysis of the daily candlestick timeframe chart shows that Bitcoin is still following a descending channel, with every major rebound failing near the upper diagonal and every major sell-off finding a reaction near the lower boundary. The latest rejection around $83,100 in May has now become the main focus, and Bitcoin is now moving back into the lower half of the channel, where the final bottom could be waiting. Bitcoin’s Descending Channel Still Controls The Bigger Trend Eight months into a correction path defined by lower highs and lower lows from $126,000, Bitcoin is showing no signs of deviation. The daily candlestick chart shows Bitcoin has transitioned into a broad descending channel that has stayed intact for these eight months. Related Reading: The Bitcoin ‘Dream Entry’ To Wait For Before The Run-Up To $300,000 The upper boundary
Strategy’s 32 BTC sale is not triggering widespread selling pressure, according to an analysis shared by Cryptoquant, but weakening profit indicators suggest investor confidence is fading as fear gains ground across the bitcoin market. Bitcoin Metrics Show Why Strategy’s BTC Sale Is Not Bearish Fear is increasingly shaping bitcoin market sentiment after Strategy (Nasdaq: MSTR) […]
Polymarket users are waiting for a resolution on whether Strategy's Bitcoin sale took place before the end of May—with over $50 million bet so far.
Toncoin price jumped as Bitcoin revisited support below $72,000. Bulls took advantage of Telegram-related news of a rebrand to GRAM token to push TON above $2.27. If buyers dominate, Toncoin could edge past $3.00 next. Toncoin rose by nearly 20% and touched highs of $2.27 on Monday, June 1, as traders digested a surprise rebrand […] The post Toncoin price soars as Telegram eyes TON’s rebrand to GRAM appeared first on CoinJournal.
Vitalik Buterin suggests an options-based DeFi model that removes liquidations and uses slow oracles to improve security and stability. Ethereum co-founder Vitalik Buterin has outlined a new approach to decentralized finance that could reduce liquidation risks. In a post, Buterin proposed building index-tracking assets on top of options rather than collateralized debt positions (CDPs). The […] The post Vitalik Buterin Proposes Options-Based DeFi to Reduce Risks appeared first on Live Bitcoin News.
Digital credit's rise could reshape Bitcoin investment strategies, offering income potential but posing risks amid Bitcoin's inherent volatility. The post Strive CEO Matt Cole calls digital credit bigger than ETFs for Bitcoin’s future appeared first on Crypto Briefing.
Digital credit's rise could reshape Bitcoin investment strategies, offering income potential but posing risks amid Bitcoin's inherent volatility. The post Strive CEO Matt Cole calls digital credit bigger than ETFs for Bitcoin appeared first on Crypto Briefing.
