A weekly close below $51,000 would invalidate the entire setup, making that support level the key line to watch. Crypto analyst EGRAG CRYPTO posted on X on Wednesday that Bitcoin (BTC) is forming an Adam and Eve double bottom on its weekly chart, a pattern that is not yet confirmed but could open the…
Bitcoin price has pulled back toward $65,700 after approaching $67,000, as caution before Alphabet’s earnings and a sharp oil rally pushed traders away from risk assets. Summary Bitcoin price pulled back below $66,000 as tech earnings uncertainty and rising oil prices weighed on sentiment. ETF inflows remained positive, while BTC faced a key market structure…
The lobby representing JPMorgan, Goldman Sachs, and Citigroup has retained counsel to challenge the regulator that approved crypto’s bank charters. No suit has been filed. The threat is doing the work, and the fight underneath it decides who gets to be a bank in America. Summary The Bank Policy Institute, whose board includes the CEOs…
In Bitcoin ETF news today, US spot ETFs recorded $723.3M in net inflows across five consecutive sessions through July 20, 2026 – the longest winning streak since May, reversing what had been a brutal 10-day, $2.7Bn outflow cycle. The structural question that matters: whether this is durable institutional re-engagement or a short-lived relief rally dressed…
The biggest meme coin, like many other leading cryptocurrencies, has been underperforming over the past several months, with its price down 73% on a yearly scale. And while the bear market remains persistent and could linger a bit longer, some analysts have highlighted key reasons why DOGE could be gearing up for a rebound. ‘Invest…
The Digital Chamber has challenged Illinois’ new 0.2% digital asset transaction tax in court, arguing that the law unfairly targets blockchain-based commerce and violates constitutional protections. Summary The Digital Chamber has sued Illinois to block its 0.2% tax on digital asset transactions before it takes effect in 2027. The trade group argues the law unfairly…
The injection came after a painful crash in the local tech markets. China has launched one of its largest market interventions in years, funneling $2 billion worth of yuan into equities and ETFs tracking semiconductor companies among other tech firms. The move follows a steep correction in Chinese tech stocks, which came to a…
Balance Coin (BLC), an algorithmic stablecoin designed to track the U.S. dollar, lost more than 99% of its value after blockchain security firms reported a suspected exploit involving 42DAO. Summary Balance Coin lost more than 99% after security firms linked its collapse to 42DAO exploit. Attackers reportedly minted unbacked BLC before swapping tokens for USDT…
Bitcoin is attempting to extend its recovery after rebounding sharply from the June lows. The asset is now pressing into an important confluence of resistance, where a descending trendline aligns with a major supply zone. While buyers have regained short-term momentum, the coming sessions will determine whether this move develops into a broader trend reversal…
Bitcoin price has retreated from nearly $67,000 after escalating U.S.-Iran hostilities pushed oil prices higher and tempered optimism created by progress on the CLARITY Act. Summary Bitcoin pulled back after briefly touching $66,965 as sellers defended the $67,000 resistance level. CLARITY Act progress, ETF inflows and short liquidations fueled BTC’s rapid advance. Rising oil prices…
