Babylon, a prominent Bitcoin staking protocol, unveiled its strategic roadmap for 2025 on July 7, outlining a phased rollout of its innovative multi-staking infrastructure. The protocol aims to debut its
Holiday silence casts doubt on whether 24/7 trading can escape legacy market habits.
XRP is on the verge of breaking through the critical $2.33 resistance, signaling potential momentum toward the $2.60 Fibonacci target amid rising trading volumes. The surge in daily volume by
On July 7, reporter Eleanor Terrett confirmed that the House Appropriations Committee’s Oversight Subcommittee hearing on establishing the United States as a global cryptocurrency hub has been postponed due to
BRICS is accelerating plans to ditch the dollar in favor of national currencies, as Brazil’s Ambassador to India clarifies direction on a unified currency and signals sweeping financial shifts. Senior Brazilian Diplomat Addresses BRICS Currency Outlook Ahead of 2025 Summit Growing momentum among emerging economies to reduce reliance on the U.S. dollar has led to
Bitcoin price started a fresh increase above the $108,500 zone. BTC is now consolidating and might aim for more gains above the $110,000 resistance. Bitcoin started a fresh increase above the $108,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $109,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $108,350 zone. Bitcoin Price Eyes More Gains Bitcoin price started a fresh increase after it settled above the $107,500 resistance. BTC cleared many hurdles near $108,000 to start a decent increase. The bulls pushed the price in a positive zone above the $108,500 level. The price gained pace for a move above the 50% Fib retracement level of the downward move from the $110,515 swing high to the $107,299 low. Besides, there was a break above a key bearish trend line with resistance at $109,350 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $108,500 and the 100 hourly Simple moving average . On the upside, immediate resistance is near the $109,750 level. It is close to the 76.4% Fib retracement level of the downward move from the $110,515 swing high to the $107,299 low. The first key resistance is near the $110,000 level. A close above the $110,000 resistance might send the price further higher. In the stated case, the price could rise and test the $112,000 resistance level. Any more gains might send the price toward the $113,200 level. The main target could be $115,000. Downside Correction In BTC? If Bitcoin fails to rise above the $110,000 resistance zone, it could start another decline. Immediate support is near the $108,800 level. The first major support is near the $108,350 level. The next support is now near the $107,250 zone. Any more losses might send the price toward the $106,400 support in the near term. The main support sits at $105,000, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $108,800, followed by $108,350. Major Resistance Levels – $110,000 and $110,500.
TRUMP: ANY COUNTRY ALINGED WITH BRICS POLICIES WILL BE CHARGED AN ADDITIONAL 10% TARIFF WITH NO EXCEPTIONS: TRUTH
The scheduled hearing on the crypto tax framework by the U.S. House of Representatives has been postponed following the recent congressional adjournment. This delay introduces uncertainty regarding the timeline for
Hyper, recognized as the leading entity with the highest win rate in the crypto trading arena, has strategically expanded its BTC long positions. The firm has augmented its holdings by
Strategy and Metaplanet have intensified their Bitcoin accumulation efforts, highlighted by a viral gaming-themed showdown between their CEOs, Michael Saylor and Simon Gerovich. Both firms disclosed substantial Bitcoin purchases exceeding