Bitcoin hits a record $73,679, signaling bullish momentum with strong gains across various time frames. Technical analysis suggests robust support levels and positive indicators, reinforcing the ongoing uptrend. However, caution is advised for potential pullbacks amid overbought conditions and profit-taking.
Huang BoWhile MKR has established itself as a transaction volume leader, challenges in RWA inflows have prompted a revenue shift towards alternative products, impacting the overall financial landscape of MakerDAO.
Cheng YuanBitcoin confronts strong resistance at $48K, leading to a 15% drop to $41K. Further decline to $38K possible, supported by technical analysis and 100-day moving average. 4-hour chart shows consolidation, with $42K as a key level. On-chain Puell Multiple indicates positive market conditions but suggests potential for a substantial correction before a bullish trend. Traders and investors advised to monitor key levels closely.
Xu LinBitcoin options market sees rising interest in $50,000 strike, indicating bullish sentiment. However, caution is urged as analysts highlight potential skewed perceptions due to increased trading volume, emphasizing the need for a comprehensive view amid uncertainties in the cryptocurrency landscape.
Cheng YuanAt 8 o'clock last night, BTC, which had been breaking away from the 45k sideways position since 6 o'clock in the evening, reached the fastest acceleration of its downward decline. In just 2 hours, it went from 45k pins to nearly 40k.
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Coinlive The customized pendants are set to cost 30 ETH a pop and will go on sale on August 5.
CointelegraphETH prices may have bottomed out in January after experiencing the sharpest rally in the bear market so far.
CointelegraphAll that keeps Bitcoin price action from its next milestone is a fresh dip below $45,000.
CointelegraphMultiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal.
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