Bitcoin price ‘lines up nicely’ for $95K drop next despite bullish RSI data
Bitcoin steadied into weekend trading, but BTC price targets still saw a dip below $100,000 despite increasingly bullish RSI signals.
Crypto Biz: ‘Sound money’ meets a sound beating as Binance pledges bailout
Crypto markets reel from a crash, Binance pledges relief, JP Morgan to offer crypto, and corporations are stacking BTC as Elon Musk praises it.
Ripple’s $1B buy-back plan fails to lift price: Can XRP still rebound?
Holding above $2 increases XRP’s potential to retest $3 in the coming weeks, while also maintaining a record high target of around $7.75.
OpenSea rejects pivot from NFTs, says it’s evolving to ‘trade everything’
OpenSea CEO Devin Finzer says the platform isn’t abandoning NFTs but expanding into a universal onchain trading hub.
UK tax authority doubles crypto warning letters in crackdown on unpaid gains
HMRC sent nearly 65,000 warning letters to crypto investors last year, more than double the previous year, as the UK steps up efforts to trace undeclared capital gains.
Bitcoin ETFs shed $1.2B in red week, but Schwab remains bullish
Bitcoin ETFs lost $1.22 billion this week as BTC fell, but Schwab reported its clients now own 20% of all US crypto ETPs.
NAV Collapse Creates Rare Opportunity in Bitcoin Treasurys: 10x Research
Bitcoin treasury firms saw NAV premiums collapse as retail lost billions, but the reset created entry points for a new era of skilled asset managers, say researchers.
Bitcoin Coinbase Premium weakens but RSI mirrors April bottom zone
The Bitcoin Coinbase Premium Index turned negative as BTC’s RSI hit its lowest level since April, but it could also mark the beginning of a slow recovery.
‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ – Strike CEO
Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low.
Tempo, Stripe’s new blockchain, hits $5B valuation in $500M funding round
Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments.