Bitcoin bearish divergence threatens price drop below $100K

Key takeaways: Bitcoin dropped over 4.5% on May 19, confirming a bearish divergence and threatening a break below $100,000. Analysts highlight $97,000–$98,500 as key support that the bulls must hold. A potential inverse head-and-shoulders pattern points to a retest of $91,000 before any bullish continuation. Bitcoin (BTC) is down over 4.5% from its intraday high … Read more

Enhancing Trading Strategies Amid Market Volatility

The rise of Bitcoin liquidation maps has become a pivotal tool for traders, enabling them to navigate the volatile cryptocurrency landscape effectively. The ability to anticipate liquidation events can significantly impact trading strategies, especially in a market known for its rapid price fluctuations. According to a recent report by COINOTAG, understanding liquidation patterns can help … Read more

Matrixport’s MVRV Ratio Signals Potential New All-Time High

In a recent market analysis dated May 19th, Matrixport reported a significant shift in the crypto landscape as the **Market Value to Realized Value (MVRV) Ratio** has notably transitioned back into the **bullish territory**. This indicator, which serves as a barometer for market sentiment, suggests a potential uptrend for major cryptocurrencies. While Matrixport typically anticipates … Read more

Vitalik Buterin proposes partially stateless nodes for Ethereum scaling

Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales.  On May 19, Buterin shared a post outlining how to make Ethereum’s layer-1 scaling “more friendly” to users running local nodes for personal use. The Ethereum co-founder highlighted the importance of independent users running nodes, saying … Read more

Insights from the May 2021 ‘5/19’ Crash Announcement

In a significant regulatory response, the Three Associations released an announcement on May 18, 2021, titled “Preventing the Risk of Virtual Currency Trading Speculation.” This pivotal statement led to the notorious “5/19” market crash, severely impacting cryptocurrency valuations. On that fateful day, Bitcoin experienced a staggering decline, plummeting from $43,584 to $30,000, culminating in a … Read more

How to read a Bitcoin liquidation map (without getting liquidated)

Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes.  This post explores how to interpret a Bitcoin liquidation map, allowing you to trade smarter in the volatile world of cryptocurrency. What … Read more

Solana Treasury Company DeFi Development Corp. Partners With BONK Memecoin to Launch Validator Node

DeFi Development Corp. (Nasdaq: DFDV), a public company with a crypto treasury strategy focused on accumulating solana ( SOL), has announced a strategic partnership with BONK, a popular community memecoin in the Solana ecosystem. As part of the collaboration, the two entities will jointly operate and manage a validator node, with both contributing to the … Read more

MANTRA Teams Up with WIN Investments to Bring Regulated Football Transfer Markets On-Chain

MANTRA has entered into a strategic partnership with WIN Investments, a fintech platform pioneering digital sports assets under a regulated framework. The partnership aims to merge the $66 billion global football transfer market with blockchain finance. MANTRA is an RWA-focused Layer 1 blockchain regulated by Dubai’s Virtual Assets Regulatory Authority (VARA). This collaboration positions MANTRA … Read more