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Author: Isabella Taylor
Bitcoin is currently trading below the point of control after rejecting from a key dynamic resistance. The lower timeframe trend remains bearish, and its potential to influence higher timeframes is something traders should be mindful of moving forward. Following a rejection from the local high, Bitcoin (BTC) has returned to a key trading range, where price is now consolidating beneath the point of control (POC). This move aligns with the development of a swing failure pattern and the activation of a bearish harmonic structure, both of which contributed to the ongoing retracement. While this pullback hasn’t triggered a high-timeframe breakdown…
XRP is showing early signs of quiet accumulation as large wallet activity spikes, but the price remains range-bound. Over 300,000 addresses now hold 10,000 or more XRP (XRP), according to a May 5 post on X by crypto analyst Kyledoops. The sharp increase in whale wallets points to growing confidence from whales and institutional players, sparking speculation about a potential move in XRP’s price. “Looks like strategic accumulation is back,” Kyledoops wrote, suggesting that big players may be positioning early for major XRP developments. Over 300,000 addresses now hold 10,000+ $XRP — a sharp jump that screams rising confidence from…
New Hampshire has become the first U.S. state to authorize its treasurer to invest public funds in Bitcoin and other digital assets, marking a significant milestone for crypto policy at the state level. Governor Kelly Ayotte signed House Bill 302 into law, stating on X, “New Hampshire is once again first in the nation,” celebrating the move to permit investments in both cryptocurrency and precious metals. New Hampshire is once again First in the Nation! 🎉Just signed a new law allowing our state to invest in cryptocurrency and precious metals. pic.twitter.com/ua9bawZKbM— Governor Kelly Ayotte (@KellyAyotte) May 6, 2025 The legislation…
The Pi Network price remains in a tight range this week as traders wait patiently for the next potential catalyst. Pi Coin (PI), a popular cryptocurrency, was trading at $0.57 on Tuesday, down by 80% from its highest point this year. This decline has coincided with significantly lower demand, with a 24-hour volume of $47.5 million. There are signs that the Pi Network price will go parabolic in the coming weeks. On Monday, crypto.news pointed to the Wyckoff Method, a 90-year-old theory identifying the phases that assets move over time. The article noted that the coin is currently in the…
Ethereum has been struggling to keep up with the rest of the market. However, its upcoming Pectra upgrade may be the catalyst it needs. Ethereum’s (ETH) Pectra upgrade, scheduled for this week, has been on traders’ radar for some time. On Tuesday, May 6, Tracy Jin, COO of MEXC, shared her insights with crypto.news on the upgrade’s potential. Notably, Jin believes Ethereum has a unique opportunity to shift market sentiment. “Bitcoin’s dominance currently sits at a year-high of 63,9% while altcoins continue to struggle to capture any sustained market momentum outside trend-based and speculative movements. With investor sentiment cautious and…
Tokenized real estate continues to evolve from niche experimentation to serious infrastructure. A recent Deloitte report predicts that the tokenized real estate market could reach $4 trillion by 2035. While the number is quite largee, it remains a drop in the bucket relative to the $658 trillion size of the global real estate industry. The thesis for tokenizing real estate is simple: blockchain can modernize how ownership is tracked, assets are accessed, and capital flows across markets. Real estate is about as “real world” as it gets, and seeing tokenization reshape the world’s largest asset class speaks volumes. To understand…
Stock markets erased many of their previous week’s declines as tariff fears are once again back in focus. Stocks are down as traders brace for the key Fed decision on interest rates, as tariff fears reemerge. On Tuesday, May 6, DOW Jones lost 404 points, or 0.98%, trading at 40,814, while the S&P 500 was down 0.84% and the Nasdaq dropped 1.00%. Traders were concerned after U.S. President Donald Trump made several remarks that suggested that tariff relief is unlikely. Over the weekend, Trump announced a 100% tariff on foreign movies and stated that there were no plans to talk…
Ethereum recently rejected from a key confluence zone, including the 0.618 Fibonacci level. With price back under the point of control, traders are watching closely for signs of a deeper move or a trap.Ethereum’s (ETH) price action has stalled at a technically significant region, the 0.618 Fibonacci retracement level, drawn from the most recent pivot high to low. This area is also reinforced by daily horizontal resistance and a descending VWAP, adding to its weight as a decision zone. After several failed attempts to push higher, ETH has now begun to roll over, trading back under the point of control…
KULR Technology Group has deepened its Bitcoin commitment, purchasing 42 additional BTC and bringing its total holdings to 716.2 BTC, the company announced. The energy storage and management firm said it has spent approximately $69 million acquiring Bitcoin (BTC) at an average price of $96,342 per BTC. The latest investment follows KULR’s December 2024 announcement that it would allocate up to 90% of its surplus cash to Bitcoin. At the time, the company held around $12 million in cash reserves and cited financial resilience and global Bitcoin adoption as core drivers behind the strategy. Global acceptance of Bitcoin CEO Michael…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto whales are shifting from hype to tokens with real utility-like XRP and Remittix-fueling rapid growth forecasts. Savvy crypto investors are moving on from hype to tokens with real world utility. Coins like Ripple (XRP) and Remittix (RTX) are like this, offering valuable financial services to both retail and institutional entities. Crypto whales are already taking positions in them already as they are poised for explosive growth in the coming weeks. Remittix introduces transformational PayFi protocol, soars 400% Remittix…