Bitcoin Encounters Strong Resistance Around $116K, Say Bitfinex Analysts
TL;DR Bitcoin is facing a critical resistance level at $116,000, according to Bitfinex analysts, who believe the price will need stronger momentum to break higher. The
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR Bitcoin is facing a critical resistance level at $116,000, according to Bitfinex analysts, who believe the price will need stronger momentum to break higher. The
TL;DR Dormant Whale Transfer: A Bitcoin wallet inactive since 2014 moved 1,000 BTC worth $116.6 million to four new addresses, sparking speculation. Price Reaction: Bitcoin rose
TL;DR Bitdeer launched the SEALMINER A3 series with four models, including air- and water-cooled options, focused on efficiency. All models maintain low noise levels, reduce energy
TL;DR Illiquid Supply Surge: Fidelity predicts 42% of Bitcoin will be illiquid by 2032, reshaping market dynamics and reducing available supply. Corporate Accumulation: Over 969,000 BTC
TL;DR Starknet has officially integrated Bitcoin staking into its Layer 2 network, enabling BTC holders to participate in its consensus mechanism. The update reduces the unstaking
TL;DR Mike Novogratz of Galaxy Digital predicts a potential surge in Bitcoin later this year as the US Federal Reserve may begin a cutting cycle, and
TL;DR Options Expiry Scale: $4.3B in Bitcoin and Ethereum options expire today, with BTC showing a bearish 1.31 put-to-call ratio and ETH leaning more neutral. Price
TL;DR A bitcoin wallet containing roughly 445 BTC, valued at over $50 million, moved funds for the first time in nearly 13 years. Onchain data shows
TL;DR Bitcoinās Christmas Surge Potential: Michael Saylor predicts Bitcoin could hit $150K by December, needing a 35% rise from current levels. Analyst Optimism and Macro Catalysts:
TL;DR Cantor Fitzgerald Asset Management has launched a fund that provides exposure to BTC with downside protection backed by gold. The fund offers up to 45%
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ā© Crypto Economy