Tag: News
BTC’s 14-day RSI falls below 30, marking oversold territory after a sharp price decline.
Bitcoin trades around $91,700, down 28% from its $126,000 peak last month.
Historical RSI lows have preceded downtrend slowdowns, but confirmation via price action is key.
Bitcoin has entered oversold territory according to its 14-day relative strength index (RSI), dipping below the key 30 threshold as the cryptocurrency grapples...
Bitcoin Falls Below $90,000, Amid Extreme Market Fear
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Bitcoin price drop: BTC fell to $89,420, its lowest since February.
Market impact: Erased 2025 gains, with over $725 million in liquidations.
Technical indicators: Death cross formed, fear index at extreme lows.
Bitcoin has tumbled below the $90,000 mark for the first time in seven months, effectively erasing all gains made in 2025. 32 This sharp decline comes just six weeks after the cryptocurrency hit an all-time high of...
Japan Poised to Reclassify Cryptocurrencies as Financial Products, Ushering in Tax Relief
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Japan’s FSA plans to reclassify 105 cryptocurrencies as financial products, aligning them with traditional assets like stocks.
The move could introduce a uniform 20% capital gains tax on crypto profits, replacing the current progressive system that reaches up to 55%.
New rules will include insider trading prohibitions and mandatory disclosures from exchanges on listed assets.
Japan’s top financial regulator is...
Bitcoin Plunges Below $95,000 Amid Massive Liquidations and Record ETF Outflows
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Bitcoin fell below $95,000 for the first time since May, down 8% on the day and 24% from its all-time high of $126,200.
Over $1.24 billion in crypto long positions were liquidated in the past 24 hours amid the market slump.
U.S. spot Bitcoin ETFs recorded $866 million in net outflows on Thursday, the second-worst day on record.
Shifting Federal Reserve rate cut expectations and liquidity concerns from the recent U.S. government...
Strategy Buys Bitcoin Every Day This Week Amid Dip, Saylor Denies Sale Rumors
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Daily Acquisitions: Strategy purchased Bitcoin every weekday this week, signaling accelerated buying despite BTC’s plunge below $100,000.
Total Holdings: The firm’s BTC stash now exceeds 641,000 coins, valued at approximately $62.3 billion at current prices.
Rumor Denial: Saylor dismissed reports of sales, attributing on-chain activity to custodian switches rather than liquidations.
Strategy’s Unyielding...




