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Bitcoin (BTC) has briefly surpassed the critical resistance level of $74,000, generating renewed optimism among investors as key market indicators suggest the potential for a bottom and further recovery for the leading cryptocurrency.  A Potential Surge To $108,000 Market analyst Ali Martinez drew attention to a significant development in a social media post on Monday, noting that Bitcoin’s funding rates have turned negative. This particular signal has historically foreshadowed substantial relief rallies over the past three years.  Martinez added that current market sentiment reflects a state of “peak fear,” which often indicates that the local bottom is close. Historical patterns reveal a consistent trajectory: when the majority are paying to short Bitcoin, it typic...

Solana has broken out on the back of improving broader market conditions, pushing the altcoin to levels not seen in recent weeks. The breakout has generated renewed optimism among SOL holders.  However, the critical question now centers on sustainability — whether the underlying fundamentals can support this move or whether the rally is built on
The post Polymarket Bets On Solana Price – $60 First or $140? Neither Likely appeared first on BeInCrypto.

United States District Judge Percy Anderson has sentenced former Los Angeles County Sheriff’s deputy and helicopter pilot Michael David Coberg to 63 months in federal prison. According to the press release, Coberg assisted a self-styled crypto businessman in extorting a rival and orchestrating a sham illegal drug possession arrest of another adversary in Paramount in
The post Former LA Sheriff’s Deputy Sentenced to 5 Years for Helping Crypto “Godfather” Extort Rivals appeared first on BeInCrypto.

In March, the Zcash network recorded notable milestones as both hashrate and shielded supply reached their highest levels in history. Analysts expect new demand to help ZEC recover part of the decline recorded since the beginning of the year. At the same time, community discussions around Zcash have turned more positive as the earlier team
The post Zcash Hashrate and Shielded Supply Reach All-Time Highs in March appeared first on BeInCrypto.