Bitcoin's price has seen significant fluctuations, with an upward trend possibly extending towards $70,000. The price surged above $62,000 and is currently consolidating gains, likely preparing for another upward move towards the $64,000 resistance level.
Bitcoin's price is consolidating gains below the $60,000 resistance zone, trading above $60,500 and the 100-hourly Simple Moving Average. A bullish trend line with support at $60,950 is forming on the hourly chart of the BTC/USD pair.
Bitcoin's price remained strong above $58,000, forming a fresh support base and initiating another rally. It gained over 10%, breaking hurdles near $60,000 and $62,000, even surging toward $64,000. However, a sharp decline followed the Coinbase outage, leading to a drop to the $58,000 support zone before a fresh rally began.
Bitcoin is now trading above $60,000 and the 100-hourly Simple Moving Average, with immediate resistance near $62,500. The next key resistance levels could be $64,000 and $65,000, with potential further upside towards $66,400. A major hurdle lies near the $68,000 zone.
If Bitcoin fails to rise above $62,500, it might correct downwards, with immediate support near $60,800 and the trend line. The first major support is at $60,000, and further downward movement could lead to a pullback towards $58,000 and possibly to the $56,500 support zone.
The hourly MACD is gaining pace in the bullish zone, while the Relative Strength Index (RSI) for BTC/USD is now above the 50 level.
A Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
WeatherlyBitcoin has retraced below $117,000 after reaching an all-time high last week, signaling a pause in upward momentum and growing caution among investors.
XingChiDutch cryptocurrency company Amdax is preparing to launch one of Europe’s most ambitious Bitcoin strategies yet: creating a dedicated Bitcoin treasury firm, seeking a listing on Amsterdam’s Euronext, and ultimately aiming to acquire 1% of the total Bitcoin supply.
XingChiThe SEC has delayed decisions on several crypto ETFs, including Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, pushing most deadlines into October. Regulators are working on new listing standards that could allow faster approvals of altcoin ETFs once rules are finalised.
WeatherlyTaiwan’s WiseLink led a $10 million funding round for Nasdaq-listed Top Win International, helping the company buy Bitcoin and expand into digital assets. The deal makes WiseLink the first public Taiwanese firm to back a Bitcoin treasury strategy and aims to combine crypto holdings with cross-border business operations.
WeatherlyCitigroup plans to offer custody services for assets backing stablecoins and cryptocurrency ETFs, aiming to meet new US rules. The bank is also developing stablecoin payment solutions for faster cross-border transactions.
WeatherlyMetaplanet bought 518 more bitcoins for about $61.4 million, bringing its total holdings to 18,113 BTC. The company uses creative financing methods to keep buying and aims to hold 210,000 BTC by 2027.
WeatherlyEthereum co-founder Vitalik Buterin’s on-chain portfolio has surged past the $1 billion mark, fueled by Ether’s recent price rally, according to blockchain intelligence firm Arkham.
XingChiBlue Origin now accepts Bitcoin, Ethereum, Solana, and stablecoins for booking space flights through a partnership with Shift4. This move aims to make high-cost space tourism payments easier for digital asset holders using popular crypto wallets.
WeatherlyEl Salvador has just approved it new Investment Banking Law, which allows investment banks to not only hold Bitcoin and other digital assets but also to offer full crypto services, but only to "sophisticated investors."
XingChiMay 22 is "Bitcoin Pizza Day," commemorating the historic event in 2010 when 10,000 bitcoins were used to purchase two Papa John's pizzas. From $41 worth of pizza to $700 million in wealth, Bitcoin's price surge over the past 15 years has proven it to be the best-performing financial asset in history.
MiyukiBitcoin gained about $1,000 in the second half of the day, seemingly helped by comments from Federal Reserve Chairman Jerome Powell.
JinseFinanceBTC, Bitcoin broke through 70,000 dollars again. Golden Finance, 70,000 dollars, has just started.
JinseFinanceThe author has been undertaking criminal cases and civil cases regarding virtual digital currencies since 2019, and has a certain understanding of the industry situation. Now, combined with relevant domestic and foreign policies and laws, I will make some immature suggestions for the future supervision and governance of virtual digital currencies in our country.
JinseFinanceIt is worth noting that this is the second time in a week that the price of Bitcoin has hit a record high.
JinseFinanceBitcoin hits record $70,000 milestone amidst 34.9% surge in 2 weeks. Ethereum briefly breaches $4,000. Crypto market displays strength and volatility.
Xu LinAs BTC reaches a new all-time high, the question that investors are most concerned about right now is undoubtedly whether BTC can stand firm here and continue its upward trend. Let us wait and see.
JinseFinanceBitcoin's 7% surge, approaching $46,000, is fueled by ETF anticipation and shorts liquidation. Altcoins like Solana and ORDI follow suit. Ethereum rises to $2,363. Notable performers include Sei and Astar Network. Overall market sentiment remains optimistic.
SanyaThe business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.
OthersBitcoin and altcoins see pullbacks amid short-term targets for April's all-time highs.
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