Bitcoin’s Key Resistance Stall Could Send it Tumbling Much Lower: Analysts

Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s […]

OKX Lists Pi Network for Millions of US Users for the First Time

Pi Network has officially expanded its U.S. presence after OKX enabled Pi access for millions of users in the United States for the first time. The announcement came directly from the Pi Core Team on May 21. This marks one of the project’s biggest North American expansion steps to date. The latest Pi Network news […]

New wallet withdraws 11,827 Zcash worth $7.9M from Binance

The trend of large Zcash withdrawals from Binance highlights growing concerns over privacy coin regulations and potential market liquidity impacts. The post New wallet withdraws 11,827 Zcash worth $7.9M from Binance appeared first on Crypto Briefing.

Glassnode Finds 20% of Bitcoin Quantum-Exposed by Behavior, Not Code

Glassnode data shows 4.12 million Bitcoin (BTC) are held in quantum-exposed addresses due to address reuse, partial spending, and custody practices, more than double the 1.92 million BTC exposed by Bitcoin’s older script types. The on-chain firm splits Bitcoin’s quantum-exposed supply into structural risk stemming from the protocol’s design and the exposure of public keys, […]