Crypto News
Bitcoin Price Watch: Can Momentum Reignite Above $105,700?
Bitcoin held steady at $102,563 to $104,133 over the last two hours on Monday, with its market capitalization reaching $2.06 trillion amid a 24-hour trading volume of $34.74 billion. The intraday price range of $103,735 to $105,706 signals narrowing volatility as the cryptocurrency tests resistance near the $105,700 level. Bitcoin The daily chart underscores bitcoin‘sSource link
XRP, BTC Among Major Tokens Flashing Signs of Bulls Returning to Crypto
The bulls are back, and it's not just for bitcoin BTC. Latest data reveals that at least six of the other top 10 tokens by market value, excluding stablecoins, are now trading above their 200-day simple moving averages (SMA).The 200-day SMA is widely seen by many, including Coinbase, as the barometer of long-term trends. A sustained move above the average is considered bullish momentum.As of writing, XRP, BTC, BNB, ADA, TRX, SUI, traded comfortably above their respective 200-day SMAs, signaling a bull market. Meanwhile, ETH, SOL, DOGE and LINK remained below the average, data from TradingView show.That's an improvement from the end of April, when only XRP, BTC and TRX traded above their 200-day SMAS, and four weeks ago, when...
Coinbase Decided Following Strategy’s Bitcoin Reserve Playbook ‘Too Risky’: CEO
Brian Armstrong argued that excessive exposure to Bitcoin would have been too risky, though about a quarter of its net cash is in crypto.Source link
Top 10 Crypto Exchanges of 2025 (So Far): A Calm Before the Institutional Storm
Even without retail frenzy or bull market tailwinds, leading crypto exchanges are thriving through volume growth, innovation, and strategic pivots. Here’s who’s on top so far in 2025 — and why they’re poised to ride the next wave. The Crypto Exchanges Dominating 2025 The first half of 2025 has seen relatively muted activity in cryptoSource link
Malaysia Power Theft by Illegal Crypto Miners Rose 300% Since 2018
The number of electricity thefts uncovered in Malaysia soared by 300% between 2018 and end-2024, mainly due to the rise of illegal crypto mining, The Star reported on Monday.The cases were detected in joint operations that included electricity utility Tenaga Nasional Berhad (TNB), the country's largest, the Energy Commission and the police.“Joint operations and nationwide raids have successfully shut down illegal mining setups, contributing to an increase in detected cases from 610 in 2018 to 2,397 in 2024," the utility said in a statement to The Star.Crypto mining is the process of discovering new blocks, verifying transactions and adding them to the blockchain that underpins digital assets. The process, especially for proof-of-work blockchains such as Bitcoin, is energy intensive, providing...