Category: Cryptocurrency News

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ETH trading pattern points to 100% rally to $5,000: What are the odds?

Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term.

ETH trading pattern points to 100% rally to $5,000: What are the odds?

Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term.

ETH trading pattern points to 100% rally to $5,000: What are the odds?

Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term.

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Robinhood Announces New Layer 2 Blockchain

California-based financial services firm Robinhood is in the process of building its own layer 2 blockchain on Arbitrum, according to a press release published by the company on Monday. The announcement also featured multiple products and services that will be rolled out to European Union (EU) customers, such as tokenized U.S. stocks, exchange-traded funds (ETFs), […]

Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs

A seasoned crypto analyst has warned that the recent Bitcoin (BTC) price action may be setting the stage for major liquidity traps, echoing patterns seen in past cycles. As the leading cryptocurrency aims for new all-time highs, the pundit suggests that market makers could be deliberately engineering conditions for bear traps before triggering a powerful breakout.  Bitcoin Path To ATH Riddled With Liquidity Traps Crypto market expert Luca has shared intriguing insights into Bitcoin’s latest price behavior, arguing that the market may be entering a classic liquidity trap phase allegedly orchestrated by market makers. The analyst stated in an X (formerly Twitter) post that Bitcoin’s price action since topping out in late May 2025 has followed a suspicious pattern. He noted that despite experiencing several price rallies, not a single local high has been swept in the past few weeks.  Related Reading: Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge Luca suggests that this rare price structure could be a deliberate setup, giving the illusion of stability and offering false conviction in bearish positions. The analyst warns that market makers have possibly influenced this market behavior by baiting shorts into entering or holding positions with the assumption that Bitcoin could continue to be capped below resistance. Ideally, this underpins the theory that bear traps are potentially being set as BTC gears up for its next bullish rally.   Notably, multiple key resistance levels are now stacked tightly between $109,000 and $112,000, as highlighted on the analyst’s 4-hour Bitcoin chart. While BTC has been consolidating just below these levels, forming what appears to be a potential base, Luca argues that this price behavior is not a coincidence. Rather than market weakness, he believes the subdued price action reflects a calculated effort by market makers to encourage bearish complacency. The pundit interprets the deliberate avoidance of liquidity above these resistance lines as a signal that deeper bear traps are possibly being laid. Luca has revealed that this setup could be laying the groundwork for a sudden short squeeze, potentially igniting a sharp move toward a new all-time high for Bitcoin.  Analyst Says BTC 2024 Breakout Back In Play Adding historical context to his analysis, Luca compares the current market structure to a prolonged consolidation phase observed throughout 2024. On the second 8-hour chart, a clear trendline of resistance can be seen capping Bitcoin’s upside for most of the previous year.  Related Reading: Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming The chart shows that price action consistently failed to break above the descending barrier, with multiple attempts being rejected between March and October. Each rejection was marked by unswept highs—similar to the current market setup and suggesting that shorts were systematically being protected.  This compression finally resolved in November 2024, when Bitcoin erupted through the resistance and launched a parabolic move to new highs. That breakout was fueled by the exact mechanism Luca now believes is in motion. With historical patterns now resurfacing, the analyst maintains that Bitcoin’s ongoing suppression and untouched highs are part of a blueprint that indicates a possible bullish move toward uncharted price territory. Featured image from Pixabay, chart from Tradingview.com

Spanish authorities arrest five people in $541M crypto fraud case

Europol reported that the investigation was ongoing, but authorities had made five arrests connected to a scheme that defrauded more than 5,000 people.

Spanish authorities arrest five people in $541M crypto fraud case

Europol reported that the investigation was ongoing, but authorities had made five arrests connected to a scheme that defrauded more than 5,000 people.

Spanish authorities arrest five people in $541M crypto fraud case

Europol reported that the investigation was ongoing, but authorities had made five arrests connected to a scheme that defrauded more than 5,000 people.