Ethereum is consolidating after a sharp breakout from the $1.9K area, with ETH currently trading below $2.5K. The technical structure has improved considerably, while the continued decline in exchange reserves provides a supportive backdrop. However, ETH’s $2.5K resistance zone is a meaningful one, and a breakout or
Bitcoin Magazine What Is Worth Preserving: Rupture on Remains, Decay, and the Collector’s Dilemma A conversation with artist Rupture ahead of his New York solo exhibition, September 2–8, at 46 Hester Street, New York. Presented by BMAG. This post What Is Worth Preserving: Rupture on Remains, Decay, and the Collector’s
Ripple’s XRP is undergoing a corrective phase after its explosive breakout from the $1 region. While the broader structure has improved substantially, fading momentum below the $1.45-$1.55 resistance zone suggests the market may need a deeper pullback or additional consolidation before attempting another sustained
Crypto projects have spent a record $638 million buying back their own tokens this year, and nearly 90% of it came from just two of them. Hyperliquid (HYPE) and Pump.fun (PUMP) have both more than doubled since January. The four other projects running repurchase programs range from a 20% gain to a 39% loss. Crypto
Bitcoin (BTC) and gold have both given back much of last week’s gains. The two assets had climbed in step through August as investors piled into the debasement trade. However, Federal Reserve Chairman Kevin Warsh’s Jackson Hole speech on Friday broke that run. Debasement Trade Powered the August Rally The rally in
Shenzhen Longsys Electronics, a Chinese semiconductor company, is seeking up to HK$6.28 billion, or about $800 million, from a Hong Kong share sale. The company set out the terms in a listing document on Monday. The memory chipmaker already trades in Shenzhen. Its Hong Kong offer price sits well below where the
MicroStrategy has resumed Bitcoin accumulation after a 10-week hiatus, purchasing 4,603 BTC for approximately $369.7 million at an average price of $80,318 per coin. The move marks the company’s first major Bitcoin acquisition since late June and follows weeks of speculation sparked by Executive Chairman Michael