Author: coinadrenaline
It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. However, popular crypto analyst Burak Kesmeci states the critical levels for the premier cryptocurrency lie outside this price range. Bitcoin Key Levels To Watch – $94,000 Support Vs. $117,000 Resistance In an X post on February 14, Burak Kesmeci shared an interesting technical analysis on the BTC market highlighting two key zones that could decide the short-term price direction. One of these critical zones…
Bitcoin banks are going to happen. We already have a few of them. We’re going to have more of them. Existing legacy banks are going to start offering services. New banks are going to be founded around Bitcoin. This is completely unavoidable at this point. Bitcoin doesn’t scale. Even absent that, people value other services that inherently require other parties. Debt being the chief one. This is an inescapable reality. Even if we could snap our fingers and roll out every well specified opcode and covenant proposal at once, it would still take a lot of time to begin building…
A report from The Information indicates that several major Wall Street financial institutions are positioning themselves to deepen their involvement in cryptocurrency markets. Among them, State Street and Citigroup are said to be preparing to introduce crypto custody services. Sources Claim State Street Is Preparing for Crypto Custody Rollout in 2026 State Street, a global […]
Este artículo también está disponible en español. Peter Brandt, a seasoned trader, has dismissed optimistic predictions in the wake of Bitcoin’s recent increase to $97,000+. His latest technical analysis indicates that the most prominent cryptocurrency may encounter difficulty in surpassing the coveted $200,000 threshold prior to 2030. Bitcoin has demonstrated a mixed performance, with a daily gain of 0.17% and a 2.85% decline over the course of the week, prompting the forecast. Related Reading The Protracted Path To Six Figures Bitcoin will face significant challenges in breaching the psychological barrier of $100,000. The 8-week moving average of $97,633, which has…
The introduction of BitVM smart contracts has marked a significant milestone in the path for scalability and programmability of Bitcoin. Rooted in the original BitVM protocol, Bitlayer’s Finality Bridge introduces the first version of the protocol live on testnet, which is a good starting point for realizing the promises of the Bitcoin Renaissance or “Season 2”. Follow GG on X Unlike earlier BTC bridges that often required reliance on centralized entities or questionable trust assumptions, the Finality Bridge leverages a blend of BitVM smart contracts, fraud proofs, and zero-knowledge proofs. This combination not only enhances security but also significantly reduces…
Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on Feb. 14, excludes customer deposits, emphasizing the company’s growing reserves amid a competitive mining environment. Previously, the company had announced the acquisition of a $21.7 […]
The XRP market experienced a major rally in the last day following the SEC’s acknowledgment of Grayscale’s XRP ETF filling. According to data from CoinMarketCap, the prominent altcoin rose by 11% reaching a local peak of $2.81 before experiencing a significant retracement to $2.39. With XRP on the rise again, investors must note the asset must scale certain price barriers to validate its current bullish momentum. XRP Must Move Past $3.40 To Retain Market Interest Popular market analyst Egrag Crypto has shared an intriguing analysis of the XRP market. In an X post on February 14, the crypto expert states…
scotcoin In a bold move that’s raising eyebrows across the cryptocurrency landscape, Scotland’s indigenous digital currency Scotcoin is targeting a $250 million valuation ahead of its February 2025 exchange listing. But unlike typical crypto launches focused on speculation and profit, this unique digital token has a surprising mission: using blockchain technology to combat poverty and social inequality. The Scotcoin Project, operating as a Community Interest Company (CIC), represents a dramatic departure from traditional cryptocurrency models. While Bitcoin and other major cryptocurrencies have become synonymous with volatile trading and wealth accumulation, Scotcoin has positioned itself as an “ethical cryptocurrency” with a…
XRP regained its bullish market structure on the daily charts The H4 divergence meant some consolidation around $2.7 is likely over the next few days At press time, XRP seemed to have resolved its short-term range formation and climbed beyond the $2.5 resistance zone. The buying pressure increased over the last 48 hours, driving the crypto’s price higher. In an earlier analysis, it had been reported that the $2.5-$2.7 zone would need to be flipped to support, before the next higher timeframe uptrend. That condition has been met, but the rest of the market is not yet bullish. Can XRP…
Former Binance chief executive Changpeng Zhao (CZ) denounced claims of purchasing meme coins. Zhao conveyed his stance on the meme coin market, clarifying that he never bought any meme coins. Nonetheless, he cut a neutral position on the role of meme coins within the digital assets industry. Changpeng remarks on Sunday, February 9, following news of Binance listing the TST token on the crypto exchange. The Binance co-founder clarified that the TST token was a test coin that quickly became a meme coin. Zhao disassociated himself from Binance’s listing process. He reiterated that adding new tokens involves a competitive…