Bitcoin Short-Term Holders Deep In Loss: MVRV Signals Capitulation Phase

Bitcoin Short-Term Holders Deep In Loss: MVRV Signals Capitulation Phase

Bitcoin is struggling to hold the $70,000 level as persistent selling pressure weighs on market sentiment and momentum. After months of volatility, recent price action suggests a fragile structure, with buyers repeatedly failing to reclaim higher resistance zones. Analysts increasingly warn that downside risks remain elevated as short-term investors continue to absorb losses rather than…

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South African Firms Launch a Local Currency-Backed Stablecoin

South African Firms Launch a Local Currency-Backed Stablecoin

A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and fintech firms—Luno, Sanlam Specialised Asset Management, Easyequities, and Lesaka—has unveiled ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the South African rand. The partners describe…

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El Salvador’s Bitcoin Beach Hosts Global Summit: Strategies for Sustainable Bitcoin Circular Economies Emerge

El Salvador’s Bitcoin Beach Hosts Global Summit: Strategies for Sustainable Bitcoin Circular Economies Emerge

Bitcoin Magazine El Salvador’s Bitcoin Beach Hosts Global Summit: Strategies for Sustainable Bitcoin Circular Economies Emerge The Bitcoin Circular Economy Summit just took place in El Salvador’s Bitcoin Beach, and what an event it was. The invite-only summit saw two days of presentations from communities from across the world, from Indonesia to Peru, from Africa…

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Polymarket’s Success Fuels Legitimacy of Onchain Prediction Markets, Says Tech Entrepreneur

Polymarket’s Success Fuels Legitimacy of Onchain Prediction Markets, Says Tech Entrepreneur

Amit Mahensaria, founder of PRED, argues that the sports betting industry is at a tipping point as decentralized, peer‑to‑peer platforms challenge the traditional “house always wins” model. Technical Readiness Meets Cultural Shifts For decades, the sports betting industry has operated under a cynical, century-old mathematical law: the house always wins. While centralized bookmakers have enjoyed…

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