Bitcoin range chop continues, but a breakout is brewing

Bitcoin range chop continues, but a breakout is brewing

Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing. Key points: Bitcoin still trades in its 18-day range despite a breakdown below $116,000. The latency between pro-crypto policy from US regulators and the Trump administration and Bitcoin price has left traders feeling anxious. Read more If you liked the…

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Trump memecoin made 2M for crypto exchanges — Report

Trump memecoin made $172M for crypto exchanges — Report

Crypto exchanges listed the TRUMP memecoin four days after its launch on average, compared to 129 days for other major memecoins, Reuters found. US President Donald Trump’s cryptocurrency venture, the Official Trump (TRUMP) memecoin, has generated multimillion-dollar gains for crypto exchanges, in addition to profits for its creators. Launched just about six months ago, the…

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CZ shares rumors linking Coinbase to Bloomberg’s Trump stablecoin report

CZ shares rumors linking Coinbase to Bloomberg’s Trump stablecoin report

Binance founder CZ shared a tweet alleging Coinbase as the anonymous source behind Bloomberg’s report targeting Trump’s crypto project and Binance. Binance co-founder and former CEO Changpeng “CZ” Zhao has reposted a tweet alleging that Coinbase was the “anonymous” source behind Bloomberg’s report targeting Trump’s crypto project, World Liberty Financial, and Binance. In a Sunday…

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Bitcoin metric says 0K BTC was the bottom: When will a rally to new highs start?

Bitcoin metric says $100K BTC was the bottom: When will a rally to new highs start?

Bitcoin’s inflow/outflow ratio fell to 2022 lows, and the cumulative volume delta shows short-selling pressure failing to push prices lower. Time for a rally? Key takeaways:  Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between…

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