Bitcoin (BTC) is displaying a key short-term technical pattern, forming a pennant structure that suggests extreme volatility ahead. The pattern, characterized by higher lows and lower highs, indicates potential quick movements towards $38,000 or $48,000 depending on its breakout direction. In the current consolidation phase from year-to-date highs near $45,000, if BTC breaks below the […]

Cardano (ADA), the #8 ranked cryptocurrency, recently experienced a -3% drop in price despite a notable resurgence in the ecosystem’s valuation. The ecosystem’s tokens reached a new all-time high at $450 million, signaling a robust recovery. However, concerns arise as ADA price slips. Currently trading around $0.635, ADA has faced resistance around $0.675, triggering the […]

Investment firm cyber.Fund, recognized for early support of Ethereum (ETH), has committed $100 million to projects at the convergence of blockchain technology, artificial intelligence (AI), and the Internet of Things (IoT). cyber.Fund, known for previous investments in Cosmos, Solana, and Polkadot, aims to cultivate the growth of the “cybernetic economy,” where blockchain serves as the […]

The recent surge in volatility triggered by the US Federal Reserve’s interest rate announcement resulted in approximately $48 million in liquidations within the Bitcoin market over a 24-hour period. As of the latest update on Friday, Bitcoin (BTC) was trading just below $43,000, following brief fluctuations during the volatile sessions on Wednesday and Thursday. Bitcoin […]