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Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $93,500 zone. Bitcoin Price Aims Upside Break Bitcoin price failed to gain strength for a move above the $94,000 and $94,500 levels. BTC started a downside correction and traded below the $92,500 support. There was a clear move below the 50% Fib retracement level of the upward move from the $87,776 swing low ...

Bitcoin has retraced below the $91,000 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially generated volatility across risk assets. While the market’s reaction has leaned bearish in the short term, on-chain data tells a very different story beneath the surface. Related Reading: The Whale Who Can’t Stop Buying: BitcoinOG Scales Ethereum Long To $280M After Price Surge According to new insights from CryptoQuant, one of the most striking signals comes from the Exchange Inflow Coin Days Destroyed (CDD) metric on Binance, which has fallen sharply to 380, its lowest reading since September 2017. CDD is one of the most important indicators for understanding long-term holder behavior because it assigns greater weight...

Gemini Titan now holds a U.S. license to offer prediction markets, setting up a fierce push for trader liquidity as the platform challenges rivals, draws in new market flow, and builds toward a broader lineup of future derivatives products. Gemini Titan’s New Approval Fuels Expansion Into US Prediction Markets Crypto platform Gemini Space Station Inc. […]

The launch of 21shares' XRP ETF may boost crypto adoption and competition, enhancing investor access to diverse digital assets.
The post XRP ETF from 21shares goes live after SEC declares S-1 effective appeared first on Crypto Briefing.

YouTube's adoption of stablecoin payments could accelerate mainstream crypto acceptance and reshape digital content monetization strategies.
The post YouTube taps PayPal to bring stablecoin payments to its platform appeared first on Crypto Briefing.

Bitcoin rose above $92,000 in Asia, but heavy liquidations and weak dip buying kept gains limited and signalled fragile market sentiment.
The post Asia Market Open: Bitcoin Ticks Up As Asian Markets Gain After S&P 500 Record appeared first on Cryptonews.

Terraform Labs co-founder Do Kwon was sentenced to 15 years in federal prison on Thursday for orchestrating a $40 billion cryptocurrency fraud—a sentence notably lighter than the 25 years handed to FTX founder Sam Bankman-Fried (SBF) last year, despite Kwon’s fraud causing nearly four times the financial damage. The sentencing disparity highlights how courtroom behavior,
The post Do Kwon Gets 15 Years, 10 Less Than SBF—Here’s Why appeared first on BeInCrypto.