Bitcoin is forming a bottom inside the 2024 box, but another $65,400 rejection could send BTC toward $54,000. Bitcoin is facing a major test at $65,400 this week as traders watch whether it can finally break through a resistance level that has repeatedly produced fakeouts. Doctor Profit has described the setup as the “Old…
BitMine added 7,391 ETH and repurchased three million shares last week, but BMNR stock fell as its recovery ran into resistance near $18.63. Summary BitMine’s holdings reached 5.81 million ETH, equal to roughly 4.8% of the supply. The company has staked 5.07 million ETH, projecting $194 million in annual rewards. BitMine repurchased three million BMNR…
In Bitcoin news today, US-listed spot Bitcoin ETFs recorded approximately $853.5M in net inflows across five consecutive trading sessions from Aug. 3 through Aug. 7, reversing the prior week’s withdrawals, according to CoinGlass data. BlackRock’s IBIT accounted for an estimated $693M of that total, or roughly 81% of category-wide inflows. Bitcoin remained below $65,000 during…
The latest ETH purchase was significantly smaller than many of the previous ones. The Tom Lee-chaired former bitcoin miner turned ETH accumulator has officially pushed its Ethereum holdings beyond 5.8 million tokens, even if its accumulation pace has slowed down. Bitmine Immersion Technologies acquired another 7,391 ETH over the past week, bringing the total…
BNB price traded near $605 on Aug. 10 after reclaiming the psychological $600 level, with improving momentum and nearby liquidation clusters raising the prospect of another short squeeze. Summary BNB price traded at $605, slightly above its 100-day moving average near $604.85. Daily RSI climbed to 65.15, showing stronger demand without entering overbought territory. 4-hour…
In XRP news today, Andy Burnham’s name has started circulating alongside Ripple and XRP in connection with a UK Treasury blockchain initiative, but the underlying documents tell a much narrower story. HM Treasury’s Wholesale Financial Markets Digital Strategy, published on gov.uk, lays out a multi-year plan to tokenize wholesale finance, remove paper share certificates, and…
One of the alts in question has entered the top 100 coins by market cap after its massive daily, weekly, and monthly rally. Bitcoin’s price hasn’t made a major move for days, as it continues to remain stuck at around $65,000 since Friday. The good news for the bulls is that it now stands…
Ripple minted 10 million Ripple USD on the XRP Ledger on Aug. 10, adding another large issuance transaction to its regulated stablecoin network. Summary Ripple minted 10 million RLUSD on XRPL, according to the transaction recorded by XRPScan Monday. RWA.xyz shows RLUSD market capitalization near $1.53 billion, below Ripple’s reported $1.7 billion June level. Santiment…
BIP-110 supporters insist the proposal remains viable, despite the minority chain falling dozens of blocks behind Bitcoin’s main chain. A Bitcoin soft fork built around BIP-110 split from the main chain after block 961,632 this week, and it barely got off the ground. The pool backing it, Roughnecks, mined exactly two blocks before the rest…
Australia’s financial intelligence agency has suspended Cryptolink’s crypto ATM operations for three months after finding failures in transaction reporting and raising ongoing concerns over the company’s handling of high-risk activity. Summary Cryptolink’s 96 Bitcoin ATMs have been suspended for three months over compliance concerns. AUSTRAC cited failures involving threshold transaction reports and an unanswered information…
