Acum 14 h
Bloomberg's Mike McGlone Highlights Bitcoin's $28,000 Mode and Warns of Potential Correction
Bloomberg Intelligence senior commodities strategist Mike McGlone has shared a chart-based view suggesting Bitcoin's most frequently traded level since 2023 sits near $28,000, despite a cycle average around $66,000. He argues that Bitcoin's tight correlation with the Nasdaq-100 and a cooling in equity valuations point to a "reverse wealth effect," implying greater downside risk if stock markets fail to keep advancing.
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BTC
BTC-1.34%
Acum 14 h
Acum 14 h
Hyperliquid Foundation backs new DeFi policy center with 1 million HYPE token pledge valued at $29 million
On Wednesday, Hyperliquid Foundation said it would help establish the Hyperliquid Policy Center with a donation of 1 million HYPE tokens valued at about $29 million. The independent research and advocacy group, led by Variant Fund advisor Jake Chervinsky, aims to promote clear U.S. regulations so that DeFi can develop and have representation in Washington, D.C.
HYPE
HYPE-2.40%
Acum 14 h
Acum 14 h
Global Blockchain Show 2026 to Gather 10,000 Delegates in Riyadh on 29–30 June
The Global Blockchain Show will return to Riyadh on 29–30 June 2026, aiming to draw over 10,000 delegates along with more than 250 speakers, 200 exhibitors, and 300 media representatives. Organized by VAP Group with the Times of Blockchain, the event will host keynotes, panels, and workshops on blockchain, Web3, and emerging technologies while featuring global industry leaders and innovators.
Acum 14 h
Acum 15 h
Analyst sees Bitcoin price coiling for possible 15% breakout from triangle pattern
On February 18, analyst Ali Martinez noted that Bitcoin's price action is compressing inside a symmetrical triangle just under the $70,000 zone, implying a potential 15% move up or down. The pattern features lower highs around $70,000–$72,000 and higher lows above about $64,000, with a breakout eyed toward either $78,000 on the upside or the $58,000 region on the downside. As of press time, Bitcoin traded near $67,226, while technical indicators such as the 50-day and 200-day SMAs and a 14-day RSI around 35.78 continue to point to fragile sentiment.
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Acum 15 h
Acum 15 h
Dogecoin Cup-And-Handle Pattern Near $0.11 Resistance Signals Possible Breakout
On February 18, analysis from Trader Tardigrade highlighted a developing cup-and-handle pattern on Dogecoin's daily chart, with the cup bottom near $0.08 and resistance forming close to $0.11. The structure, viewed as a classic bullish continuation signal, remains unconfirmed until DOGE can close decisively above the handle zone with stronger volume, while the token currently trades around $0.09981 after mixed short-term and monthly performance.
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DOGE
DOGE-3.36%
Acum 15 h