Bitcoin’s $80K Struggle: Analysts Decode the Resistance
Bitcoin faces stiff resistance at the $80,000 mark due to a massive supply overhang, rising profit-taking, and renewed outflows from spot ETFs.
Read the latest and archived articles in Crypto.
Bitcoin faces stiff resistance at the $80,000 mark due to a massive supply overhang, rising profit-taking, and renewed outflows from spot ETFs.
Meta has reintroduced cryptocurrency payments, specifically stablecoin payouts, for content creators in the Philippines and Colombia, marking a strategic return to digital currencies after abandoning its Libra project in 2022.
Bitcoin faces downward pressure amid escalating geopolitical tensions and a surprisingly aggressive Federal Reserve stance, while oil prices surge to multi-year highs.
Bitcoin derivatives are showing increased caution among traders as the cryptocurrency struggles to break through key resistance levels amid Federal Reserve rate decisions.
In an unprecedented international operation, authorities from the US, UAE, and China have dismantled a sophisticated cryptocurrency scam network that defrauded victims worldwide of over $58 million.
Bitcoin retreated under $75,000 after the Federal Reserve maintained interest rates, citing lingering inflation worries and instability in the Middle East.
RealOpen and TRON successfully facilitated $9.4 million in USDT transactions for real estate purchases through their collaborative 'Fast Moves, Fast Payments' Holiday Campaign, showcasing cryptocurrency's growing role in property markets.
Kustodia introduces Mexico's first peso-denominated smart contract escrow on SPEI to combat widespread fraud in high-value peer-to-peer transactions.
Bitcoin faces volatility as traders reduce positions before the FOMC meeting, testing the crucial $70,000 support level that may be buoyed by institutional buying.
KuCoin EU has appointed a new anti-money laundering chief in Vienna, responding swiftly after Austrian regulators barred the exchange from onboarding new clients over compliance deficiencies.
Crypto payment processor MoonPay makes a bold $100 million move into institutional services by acquiring Israeli security firm Sodot and enlisting former CFTC Acting Chair Caroline Pham to spearhead its new business division.
Historical data suggests Bitcoin and stocks may face months of losses as Kevin Warsh prepares to assume Federal Reserve chairmanship with uncertain policy signals.
Prediction market platform Polymarket refutes allegations of a security breach, insisting that data being sold by an alleged hacker consists only of publicly available information.
Robinhood's stock tumbled nearly 10% after the trading platform reported disappointing first-quarter earnings, with crypto revenue and trading volume plummeting by nearly half.
Bitcoin prices slipped this week as the Coinbase Premium Index turned negative for the first time in three weeks, signaling waning US demand and contributing to over $829 million in total losses.
Bitcoin sank to a seven-day trough as surging oil prices and supply threats in the Strait of Hormuz rattled investors across Asia.
Canaan and Tether strengthen their collaboration through a new order for immersion-cooled mining hardware, as Tether expands into integrated Bitcoin mining infrastructure.
Japanese regulators have warned real estate and crypto sectors to bolster anti-money laundering measures to prevent illicit financial flows.
As token funding evaporates and decentralized structures stifle recovery, a growing number of crypto projects are being forced to shut down permanently.
Donald Trump has reversed his earlier criticism of prediction markets, stating that the United States must participate in these rapidly growing platforms.
Banking regulators have officially eliminated 'reputation risk' from examination standards, earning praise from crypto lobbyists who argued the vague metric unfairly restricted industry partnerships.
Bitcoin has successfully defended the critical $76,500 support level, setting the stage for a potential bullish breakout as market sentiment heavily favors long positions.
The new MARA Foundation aims to improve the Bitcoin ecosystem and is kicking off with a community vote to distribute $100,000 to a chosen Bitcoin company.
Ethereum faces significant price challenges as its chart reveals a concerning triple-top pattern around the $2,400 mark, leading analysts to doubt a near-term bullish reversal.
Israeli regulators have officially approved the BILS stablecoin by Bits of Gold following a successful two-year pilot on the Solana blockchain.
Undeterred by a staggering $6.5 billion in unrealized losses, BitMine has purchased an additional 101,000 ETH and continues to generate yield through staking.
The European Commission has expanded sanctions to target Russian cryptocurrency exchanges, stablecoins, and digital currencies as Moscow increasingly turns to crypto to bypass economic restrictions imposed over its invasion of Ukraine.
Michael Saylor's Strategy continues its aggressive Bitcoin accumulation, purchasing 3,273 BTC at nearly $78,000 per coin between April 20-26.
French police have charged 88 individuals for their involvement in a series of violent physical robberies targeting cryptocurrency investors, with investigators finding many suspects participated in multiple attacks.
A new study reveals that prediction markets are driven by a small group of elite traders who capture the majority of profits, leaving the vast majority of users with losses.
Michael Saylor, CEO of Strategy, has dropped hints that his company may be preparing to purchase more Bitcoin as the cryptocurrency surges to new heights around $78,000.
As Bitcoin faces resistance at $80,000, market analysts suggest a potential bottoming out around the $57,000 mark based on historical averages.
The Litecoin development team insists transactions remain intact following a security incident, while rival developers cast doubt on their zero-day vulnerability explanation.
A new survey reveals that over 30% of US crypto investors are reducing daily spending and postponing major life purchases due to significant unrealized losses from the market downturn.
Despite a high-profile investor gathering at Mar-a-Lago, the official TRUMP memecoin tumbled nearly 10%, continuing a massive downward spiral from its all-time high.
A member of a massive $263 million cryptocurrency fraud ring has been sentenced to 70 months in prison for laundering stolen funds to finance a lavish lifestyle.
Bitcoin supporters mocked a top US Navy admiral's Senate testimony about cryptocurrency, suggesting the military has fundamental misunderstandings about how Bitcoin networks operate.
Bitcoin traders are anticipating a rally to $73,000 despite ongoing market resistance and potential downside risks.
The CFTC has filed a lawsuit against New York to prevent the state from applying gambling laws to prediction markets, asserting that federal regulators hold exclusive authority over event-based contracts.
US spot Bitcoin ETFs have attracted over $2 billion in inflows across nine consecutive days, highlighting strong investor confidence.
A massive withdrawal of 35 million XRP tokens from exchanges sparks speculation of a 30% price surge, as historical outflow patterns often precede significant rallies.
A staggering $38 million short position against Bitcoin on Hyperliquid has ignited discussions over whether this whale's bold bet forecasts a coming market crash.
US law enforcement secured a record-breaking freeze of $344 million in Tether stablecoins associated with Iran, marking a significant victory in financial regulation.
Bitcoin developer Paul Sztorc has announced the creation of eCash, a hard fork that will introduce a new competing layer-1 blockchain along with seven layer-2 scaling networks.
A crypto-aligned political action committee has reportedly ceased advertising for the Texas Attorney General's Senate bid after initially pledging over $1.7 million.
A quantum computer has successfully broken a 15-bit elliptic curve cryptographic key, reigniting debates about cryptocurrency security in the quantum era.
China strengthens its cryptocurrency ban with new online marketing regulations, increasing pressure on financial influencers in a trend that mirrors similar actions taken by European, Australian, and UK regulators.
The European Central Bank has partnered with standards organizations to utilize existing open payment standards, aiming to reduce expenses for banks and merchants adopting the digital euro.
President Donald Trump has confirmed his attendance at a gathering for TRUMP memecoin holders this Saturday, reversing earlier White House statements that the event was not scheduled.
The US DOJ seized $701 million in cryptocurrency and dismantled a massive network of fake investment sites and recruitment channels in a sweeping crackdown on digital scams.