Key points: Bitcoin faced significant resistance at $117,500, indicating that the bears are unlikely to give up easily. Several major altcoins tried to break above their overhead resistance levels, but the bears... Read more »
Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate cuts... Read more »
Key points: Bitcoin fails to close above $117,200, opening the door to support retests. A giant $4.9 trillion options expiry event adds further friction for Bitcoin bulls on Friday. Order-book liquidity shows... Read more »
Michigan has taken the next step for its strategic crypto reserve bill, which moved to a second reading on Thursday. The Michigan House Bill 4087, which would allow the state to invest... Read more »
Key points: Bitcoin breaks through its volume-weighted average price (VWAP), echoing the rebound from April’s sub-$75,000 lows. Stocks see fresh all-time highs as markets digest the Fed rate cut. Liquidity suggests that... Read more »