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Bitcoin Price Holds Key Support As Bulls Eye Recovery

Bitcoin has spent the last few days consolidating after recovering from recent lows, with price action centered around the $62,000–$64,000 range. While volatility remains relatively contained, traders are closely watching whether Bitcoin can build enough momentum to extend its recovery toward the next resistance levels. (The Economic Times) One of the most encouraging developments has…

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Bitmine adds 10,399 ETH as BMNR stock falls

Bitmine Immersion Technologies added 10,399 ETH to its treasury and repurchased another 4.5 million shares, but BMNR stock fell toward $17 as investors weighed its mounting unrealized losses. Summary Bitmine acquired 10,399 ETH, lifting its holdings to 5,797,813 ETH. The company now controls about 4.8% of Ethereum’s total supply. Bitmine repurchased 4.5 million BMNR shares…

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Ethereum price risks $1,700 as support weakens

Ethereum price fell 2% to around $1,847 on Aug. 3 after another rejection near key moving averages left the $1,800 support zone exposed. Summary Ethereum price fell 2.04%, reaching an intraday low of $1,828. ETH remains below its 50-day and 100-day moving averages at $1,889 and $1,927. 4-hour MACD and Chaikin Money Flow readings show…

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