Bitcoin, Ethereum, Crypto News & Price Indexes

Bitcoin, Ethereum, Crypto News & Price Indexes

Bitcoin’s sharp correction at the start of the month may represent a critical “halfway point” in the current bear market, according to Kaiko Research. Bitcoin (BTC) fell to $59,930 on Friday, marking its lowest level since October 2024, before the re-election of US President Donald Trump, according to TradingView data.  The decline suggests the market…

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Analysts Warn of Drop to K if Support Breaks

Analysts Warn of Drop to $55K if Support Breaks

Bitcoin traded quietly over the weekend, remaining below the $70,000 level as investors waited for stronger market direction. Analysts say the next upside target for buyers is a move above around $74,460, which could signal improving momentum and encourage more demand in the market. Possible Upside if Momentum Builds If buying interest strengthens, analysts believe…

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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

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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