Crypto News

Aptos trades at $4.58 with neutral momentum as APT RSI sits at 48.95, while technical indicators suggest potential volatility ahead for traders. (Read More)Source link

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.The bitcoin (BTC) rally has stalled, raising the possibility of a potentially bearish technical formation: a double top.A close examination of the daily chart reveals that bulls failed to sustain a rally above the key Fibonacci level of $122,056 on Monday, a performance that precisely mirrors a similar rejection on July 14, according to data source TradingView.This dual failure to establish a foothold above the key price point, separated by a brief pullback, is a hallmark of the double top pattern. The neckline of this pattern, drawn from the low of $111,982 reached during the brief pullback, is the key level to watch on the downside.A decisive...

Bitcoin Cash (BCH) trades at $590.70 (+2.75% in 24h) with technical indicators showing very strong bullish momentum ahead of the August halving event. (Read More)Source link

Metaplanet Inc. (Tokyo Stock Exchange: 3350) has announced the acquisition of an additional 518 bitcoin as part of its ongoing Bitcoin Treasury Operations, with an average purchase price of 17,540,861 yen per bitcoin (approximately $118,519), totaling approximately 9.086 billion yen (around $61.4 million). This latest purchase increases the company’s total bitcoin holdings to 18,113 bitcoin,Source link

Dogecoin trades at $0.23 after a 5.58% decline, testing key support levels while technical indicators show mixed signals for DOGE's next move. (Read More)Source link