Top NY regulator updates crypto guidance after announcing departure
With about two weeks to go until Superintendent Adrienne Harris is expected to leave the NYDFS, she announced a two-year update to guidance for New York crypto users.
With about two weeks to go until Superintendent Adrienne Harris is expected to leave the NYDFS, she announced a two-year update to guidance for New York crypto users.
JPMorgan Chase wants to be the first megabank run on artificial intelligence (AI) — and it just showed off a bot to CNBC that can whip up an investment banking deck in 30 seconds. JPMorgan Chase Bets Big on Agentic AI JPMorgan Chase, the world’s largest bank by market cap, is racing to rewire itself […]
Ethereum is, by all measures, a dominant force in the crypto ecosystem. The second-largest crypto by market cap deserves credit for fueling the DeFi boom, the NFT craze, and much more. Early investors who recognized Ethereum’s potential had the opportunity to buy the coin at around $0.30 during its 2014 ICO, and many rode it…
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Bitcoin moves closer to a positive monthly close, which has historically been followed by strong double-digit rallies in Q4. Is $170,000 possible by the end of 2025?
Shiba holders are frustrated that, despite steady burn activity, the latest Shiba Inu (SHIB) update shows the coin struggling to push beyond resistance levels. At the same time, Litecoin traders are eyeing ETF news, but even the most recent Litecoin (LTC) news highlights hesitation around the $120 barrier. Both networks have stories to tell, but…
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Bitcoin has shown signs of resilience after setting a fresh low near $108,000, staging a recovery that lifted the price back above the $113,000 level. Bulls now try to reclaim the $115,000 level, but momentum weakens as sellers push back. The recovery eased pressure in the short term, yet uncertainty builds while the market tracks major macro risks. Related Reading: Bitcoin Retail Demand Retreats: 30D Change Falls To Lowest Level Since July The biggest concern comes from Washington, where the threat of a US government shutdown looms large. Traders expect volatility if policymakers fail to strike a deal, and risk assets like Bitcoin often react sharply to such headlines. As the deadline approaches, investors grow cautious and price action reflects that tension. Amid this backdrop, top analyst Maartunn flagged a notable Bitcoin Alert on Bybit. The Taker Buy/Sell Ratio surged to unusually high levels, signaling that traders opened aggressive long positions. Such spikes often reveal strong bullish conviction, but they can also create instability if those positions unwind. Bybit Data Shows Surge in Long Positions Analyst Maartunn highlighted a striking development in Bitcoin’s market structure: the Taker Buy/Sell Ratio on Bybit has surged to 24.26, marking the highest level since September. This unusual spike signals that traders have opened an aggressive wave of long positions, a move often interpreted as a strong bullish signal. According to Maartunn, this type of imbalance reflects a market where buy orders significantly outweigh sell orders, pointing to a sudden shift in sentiment. When the ratio reaches such extremes, it suggests that a large amount of fresh capital is entering through the long side of the order book. This indicates confidence among traders that Bitcoin’s rebound above $113,000 may have further room to expand if momentum holds. However, the implications are not one-sided. A surge in long positioning can add fuel to rallies, but it can also increase vulnerability if price action turns against overleveraged traders. In such cases, the market risks a cascade of liquidations, which can accelerate downward moves just as quickly as they amplify upward momentum. The coming days will be critical as Bitcoin tests the $115,000 resistance zone. A decisive breakout could validate the bullish positioning and pave the way toward $117,500. On the other hand, failure to push higher may trigger profit-taking or liquidations, pulling the price back toward $110,000. Related Reading: Ethereum Outflows Hit Spot Exchanges Again: Bullish Signal Or Neutral Flows? Bitcoin Holds Key Support But Faces Strong Barrier Bitcoin trades near $113,100 after bouncing from lows around $109,200, showing resilience in the face of recent selling pressure. On the 3-day chart, the price sits between critical levels: support from the 50-period moving average (blue) and resistance at the $117,500 zone, highlighted in yellow. This range has defined Bitcoin’s behavior for several weeks, and the market continues to consolidate within it. The broader structure reveals a series of lower highs since the July peak near $125,000, suggesting waning momentum in the medium term. However, the long-term trend remains intact, with the 100-period (green) and 200-period (red) moving averages trending upward and providing a strong base around $100,000 and $80,000 respectively. Related Reading: Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details A decisive break above $117,500 would invalidate the current lower-high structure and open the door for a retest of $120,000 and beyond. Conversely, failure to hold above $110,000 could drag Bitcoin lower, exposing the $105,000 region and testing investor confidence. Featured image from Dall-E, chart from TradingView
Recent reports show mixed results across major networks. The latest Hyperliquid (HYPE) Price Forecast warns of sharp declines if upcoming token unlocks trigger more selling, leaving traders unsure about how the supply shock will play out. On the other side, the newest Cardano (ADA) update highlights network growth but also reveals selling pressure from whales,…
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Chainlink announced a method to let financial institutions trigger and manage digital-asset workflows from existing systems using Swift messages routed through the Chainlink Runtime Environment (CRE). Chainlink Says Banks Can Use Swift to Access Blockchains via CRE Chainlink said on Tuesday that the approach allows banks and service providers to access public or permissioned blockchains […]
Stop reacting, start predicting: How AI spots whale moves that can make or break the market before anyone else notices.
When a massive whale transaction shook the markets last week, with one investor scooping up over $100 million worth of Litecoin (LTC) in a single move, headlines lit up across the crypto world. Big money continues to flow into Litecoin (LTC), strengthening its position as one of the most resilient digital assets. But while billionaires…
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