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Here's why bitcoin turned lower from the 200-day average

Bitcoin recently declined after approaching its 200-day moving average, a key technical indicator often viewed as a resistance level. Analysts noted that the cryptocurrency faced selling pressure as it neared this average, which historically has marked turning points in price trends. Additionally, broader market conditions, including regulatory concerns and macroeconomic factors, contributed to the downward movement. The decline has raised questions about Bitcoin's ability to maintain upward momentum in the near term.

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Bitcoin treasury Nakamoto plans reverse stock split to save ailing share price

Bitcoin treasury Nakamoto is planning a reverse stock split in an effort to boost its struggling share price. The company aims to consolidate its shares to reduce the total number of outstanding shares, which is expected to enhance the perceived value of each share. This move comes as Nakamoto faces

Map Protocol token plummets 96% after a quadrillion token mint exploit

The Map Protocol token experienced a dramatic 96% drop in value following a significant exploit that involved the minting of one quadrillion tokens. This incident raised concerns about the security measures in place for the token's ecosystem. The exploit has led to increased scrutiny from investors and the

Hyperliquid ETFs surprise with 50% volume jump after slow launch

Hyperliquid ETFs experienced a significant 50% increase in trading volume following a slow initial launch. The surge in activity comes as investors show renewed interest in these exchange-traded funds, which offer exposure to various cryptocurrencies. Analysts suggest that the rise may be attributed to improved market conditions and heightened investor

Polymarket moves to list parlays while SEC seeks public input on prediction market ETFs

Polymarket is expanding its offerings by introducing parlay bets, allowing users to combine multiple predictions into a single wager. This move comes as the U.S. Securities and Exchange Commission (SEC) is seeking public input on the regulation of prediction market exchange-traded funds (ETFs). The SEC's inquiry aims

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Bitcoin treasury Nakamoto plans reverse stock split to save ailing share price

Map Protocol token plummets 96% after a quadrillion token mint exploit

Hyperliquid ETFs surprise with 50% volume jump after slow launch

Polymarket moves to list parlays while SEC seeks public input on prediction market ETFs