Bitcoin price has faced clear rejection near $69,000 resistance, reinforcing range-bound conditions and weakening short-term momentum. Loss of key volume support now increases the probability of a move toward $60,000. Summary Rejection at $72,000 value area high confirms resistance Loss of Point of Control signals bearish momentum $60,000 range low becomes next key downside target…
The recent crypto crash resumed today, February 27, as investors booked profits and as geopolitical risks in the Middle East escalated. Summary Crypto prices retreated on Friday as odds of the US striking Iran jumped. The retreat coincided with the performance in the stock market. It also happened as investors booked profits after the recent…
SPI pegs JPYSC and targets Q2 2026 launch, with 1:1 JPY backing under Japan’s Type III framework for institutional cross-border and treasury payments. Summary JPYSC is a trust bank‑backed yen stablecoin issued by SBI Shinsei Trust, distributed via SBI VC Trade and built by Startale for high‑volume institutional settlements. The token operates as a Type…
BTC ETFs saw ~+$507m net inflow Feb. 25 as BlackRock bought thousands of BTC from Coinbase Prime, but BTC still slipped on profit‑taking. Summary BlackRock shifted multiple 300 BTC batches plus a 108.6 BTC transfer from Coinbase Prime to IBIT wallets around 5:45 PM UTC on Feb. 26. U.S. spot BTC ETFs booked about $507m…
Bitcoin price faces growing downside risks after rejecting major resistance near $69,700. Weak bullish volume and loss of key support levels now raise the probability of a corrective move toward $62,000. Summary Rejection at $69,700 0.618 Fibonacci resistance confirms weakness Loss of Point of Control signals bearish short-term structure $62,000 support becomes next key downside…
Indiana lawmakers have passed House Bill 1042, commonly referred to as the Bitcoin Rights Bill, clearing both legislative chambers and sending the measure to Governor Mike Braun for final approval. Summary Indiana’s HB 1042 Bitcoin Rights Bill has passed both legislative chambers and now awaits Governor Mike Braun’s signature. The bill would allow cryptocurrency investment…
As Bitcoin enthusiasts question why the digital asset hasn’t yet hit the $150,000 milestone despite massive ETF inflows, Jeff Park, Head of Alpha Strategies at Bitwise, has provided a sobering look at the plumbing of the financial system. Summary Jeff Park, Head of Alpha Strategies at Bitwise, argues Bitcoin’s failure to hit $150,000 isn’t manipulation…
South Korean authorities have arrested two suspects in connection with the theft of 22 bitcoins that had been held as evidence by the Gangnam Police Station, officials announced on Wednesday. Summary Two suspects were arrested in South Korea for allegedly stealing 22 bitcoins seized as evidence in a 2021 case. The missing Bitcoin, worth about…
Anchorage Digital, the federally chartered U.S. crypto bank, signaled deepening institutional conviction in Bitcoin by disclosing it holds perpetual preferred stock issued by Strategy on its balance sheet. Summary Anchorage Digital disclosed holdings of Strategy’s Nasdaq-listed perpetual preferred stock (STRC), signaling strategic alignment with the leading corporate Bitcoin treasury firm. Strategy recently completed its 100th…
The crypto market cap rebounded 2.7% to $2.32 trillion on Wednesday after recovering some of the previous days’ losses as investors bought the dip. Summary The crypto market recovered from Tuesday’s losses as institutional investors capitalized on the dip. A rally in tech stocks and improving geopolitical conditions have acted as a tailwind for risk…
