$BNX is trading at $0.5312, up by an impressive 14.48% today. The price is above its 7-day moving average of $0.4888 and the 25-day moving average of $0.4628, signaling strong bullish momentum. Resistance is at $0.5800, the 24-hour high, while support lies at $0.4269. A breakout above $0.5800 could further accelerate gains, while a pullback toward $0.4269 may attract buyers. Volume levels are strong, reflecting heightened market interest. Traders should monitor for a sustained move above resistance to confirm the next bullish leg. #BTCNextATH? #USBitcoinReserves #BTCHovers100k #USJobsDrop #BNBChainMeme
BlackRock just bought $600 million worth of Bitcoin, their biggest purchase this year.
They definitely know something. Rumors about a Bitcoin reserve before February 1st are starting to feel more real. In this cycle, rumors often turn into reality - just like we saw with the BTC ETF.$BTC
Thailand's Deputy Prime Minister and Finance Minister, Pichai Chunhavajira, announced a new cryptocurrency payment project to be piloted in Phuket. The initiative will enable foreign tourists to use cryptocurrencies, such as Bitcoin, for shopping in the tourist city.
The project ensures compliance with Thai laws, requiring tourists to register their Bitcoin through local exchanges and complete identity verification before using it for transactions. $BTC $ETH
The U.S. DOJ received approval to sell the 69,000 BTC, worth approximately $6.5bn, seized from Silk Road. This decision comes just two weeks before the incoming Trump administration, which had pledged not to sell the seized BTC.
We may see some brief dip in the coming days. Biden doesn't want to leave empty handed it seems.$BTC #usbitcoinsale
Known for his appearance on Shark Tank and his ownership of the Dallas Mavericks of the NBA, billionaire businessman Mark Cuban has once again made news by endorsing Bitcoin (BTC). Cuban recently stated, “I think it (BTC) has more value,” adding that he would prefer to own BTC than gold in the event of an economic meltdown.$BTC
🚀 BULLISH ALERT: David Stryzewski, CEO of Sound Planning Group, asserts that Bank of America is fully leveraging Ripple for 100% of its internal transactions and boasts an impressive 83 patents tied to the technology! 🌟📈 #Ripple #CryptoAdoption #Innovation $XRP $XRP
What went wrong? Why are crypto markets dropping hard? Two prominent events are scheduled for a short while now: ADP Nonfarm Employment and the FOMC minutes. While ADP is a sneak peek into the labour market’s health, setting the tone before the big reveal, the FOMC minutes dive into the minds of the Fed. It sheds light on their perspective about the rates that will have an impact on the BTC price.$BTC $ETH