Author: Kryptonews

Strategy (MSTR) is approaching its 200 day simple moving average (200SMA), a widely followed technical indicator that smooths out price action by calculating the average closing price over the past 200 trading days. Traders often view it as a key marker for long-term trend direction.MSTR is currently trading just over $350, slightly below the 200SMA at $355. The stock has been under this level since Aug. 25, with the only other period of weakness this year coming in April during the so-called Trump tariff tantrum. On Thursday, shares jumped 6%, rebounding from a support line last tested in September 2024…

Key points:Bitcoin breaks through its volume-weighted average price (VWAP), echoing the rebound from April’s sub-$75,000 lows.Stocks see fresh all-time highs as markets digest the Fed rate cut.Liquidity suggests that volatility is incoming as BTC price targets $118,000.Bitcoin (BTC) eyed $118,000 at Thursday’s Wall Street open as stocks hit new all-time highs.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBitcoin breakout sets the stage for new all-time highsData from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating daily gains above key resistance.The first US trading session after the Federal Reserve enacted its first interest-rate cut of 2025 saw both the S&P 500 and Nasdaq Composite…

In brief U.S. spot Bitcoin ETFs ended a seven-day streak of inflows as Wednesday saw $51.3 million in net outflows. BlackRock’s iShares fund added $150 million while Fidelity and Grayscale posted steep redemptions. Bitcoin ticked up slightly to $117,800 after the Fed cut rates by 0.25 percentage points. Spot Bitcoin ETFs ended a seven-day streak of inflows with $51.3 million in net outflows on Wednesday, a pullback that followed nearly $3 billion of inflows the previous week.The reversal came after a week of steady allocations, including more than $1 billion into BlackRock’s iShares Bitcoin Trust, $850 million into Fidelity’s Wise…

Nvidia (NVDA), the world’s largest public company by market cap, said it will invest $5 billion in Intel (INTC) and work with the chipmaker on developing custom data-center and PC products as artificial intelligence becomes more pervasive.The Santa Clara, California-based maker of the graphic processing units (GPUs) that underpin AI computing will buy shares of its neighbor at $23.28 each, 6.5% lower than Wednesday’s closing price of $24.90, according to an announcement on Thursday.While Nvidia is known for its GPU production, Intel was a leader in developing microprocessors and entered public consciousness as the provider of central processing units (CPUs)…

Key takeaways:Solana is mirroring BNB’s 2024–25 rally, eyeing a breakout above $295.A cup-and-handle pattern sets SOL’s upside target near $540.Solana (SOL) appears to be following a nearly identical chart trajectory to BNB (BNB), suggesting it may be on the verge of its own breakout.SOL price may rise 20% within weeksA side-by-side comparison of SOL and BNB weekly charts shows striking similarities for more than a year, as highlighted by BitBull on Thursday. BNB/USDT and SOL/USDT weekly price chart comparison. Source: TradingView/BitBullBoth BNB and Solana have traced nearly identical market structures since early 2024. Each posted a sharp first-leg rally, followed…

Want to earn free rewards while trading cryptocurrencies on OKX? Register using an OKX referral code and discover new pathways to maximizing your earnings through bonus rewards. These include sign-up bonuses, referral rewards, reduced trading fees, and exclusive access to campaigns with massive prize pools. In this article, we’ll walk you through an OKX referral code, its benefits, and how to activate it.What Is an OKX Referral Code?Cryptocurrency ExchangeOKXPromo Code98973395Sign Up BonusUp to 10,000 USDTMystery BoxFree $50 worth of USDTTrading Fees Rebate30% discount on trading feesMandatory KYC RegistrationYesAn OKX referral code is a unique identifier made up of numbers, letters,…

There’s little doubt that Tether has conquered the world with USDT. With a market cap of $171 billion, it outpaces all other stablecoins combined.Earlier this month, Tether introduced a new U.S. dollar stablecoin, USA₮, to compete with USDC in the domestic market under U.S. law.The company named Bo Hines to lead its U.S. unit and build issuance and custody around Anchorage Digital and Cantor Fitzgerald, a move disclosed after Congress enacted a federal framework for fiat-referenced tokens.USA₮, or USAT, is designed to meet the new regime’s reserve and disclosure requirements. The legislative backdrop arrived on July 18 when the GENIUS…

Decentralized science (DeSci) platform Bio Protocol secured backing from investors including Maelstrom Fund and Animoca Brands to expand its artificial intelligence-native biotech research framework. Bio Protocol announced Wednesday that it had raised $6.9 million in funding, reflecting growing interest in decentralized approaches to drug discovery that integrate AI, blockchain and community engagement. Maelstrom founder Arthur Hayes described Bio Protocol as a potential “category-defining launchpad” for scientific research. “If it works, it’s not just a launchpad – it’s the birth of an AI-native research market,” he said.Hayes also highlighted how it opens up research opportunities that communities find appealing, not just what academics…

Key takeaways:XRP (XRP) price was up 3% in the past 24 hours, and 17% higher than its Sept. 1 low of $2.69, to trade above $3 on Thursday. Market analysts said this positions XRP for further gains backed by several fundamental and technical factors.XRP price technical analysis puts $5-$15 in playXRP price action has painted bull flag patterns on the weekly time frame that could result in a massive breakout to as high as $15.The first is a smaller one that formed in mid-June and was resolved earlier this week when the price broke above the flag’s upper boundary at $3. Related:…

The chief investment officer of digital asset manager Arca is challenging the idea that 2025 represents a broad-based crypto bull market, arguing that only a handful of large-cap tokens are carrying the industry.In an X thread posted Tuesday, Jeff Dorman wrote that “more than 75% of tokens in our coverage universe are negative year-to-date, and more than 50% of tokens are down 40% or more YTD.” He added that some of the year’s few gainers have been “complete nonsense coins and memecoins that no serious investor would even look at,” citing litecoin LTC$115.81 and bitcoin cash BCH$646.06.By contrast, the best-known…