Author: driver789

Bitcoin BTC$68,432.69 bulls should be on their toes: A key momentum indicator that has been disturbingly accurate at flagging selloffs since the largest cryptocurrency hit a record high in October has just triggered.The indicator is the moving average convergence divergence histogram, better known as the MACD. It’s just crossed below zero for the third time, indicating a renewed bearish shift in momentum.What is MACD anyway?Before we dive into the market signal, let’s see how the MACD works.The indicator uses two lines. The first is the MACD line, calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA.…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

Ethereum may be nearing a major inflection point, according to market analyst Ali Martinez (@alicharts on X), who argues that a confluence of technical structure and on-chain valuation data is beginning to tilt the setup back in bulls’ favor. In a post on X, Martinez said Ethereum is showing signs of a “major structural shift,” pointing to a multi-year ascending triangle on the weekly chart, a recent test of support near $1,800, and a historically significant drop in the MVRV ratio. Taken together, the message was clear: the recent weakness may have looked less like a breakdown and more like…

Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged anti-money laundering failures and other controversies, according to the Korea Times.The exchange will convene its regular shareholders’ meeting on March 31, and a proposal to keep Lee in the top job will be put to shareholders, the Korea Times reported on Sunday, citing industry sources.His current term expires at the end of the month, and a successful renewal would keep Lee as the exchange’s CEO for another two years. Cointelegraph has contacted Bithumb for comment.Upbit is the top South Korean…

A stablecoin is supposed to be worth a dollar. Resolv’s USR is worth 27 cents and the math to fix it doesn’t work.An attacker exploited a flaw in Resolv’s USR stablecoin minting contract around 2:21 a.m. UTC on Sunday, creating approximately 80 million unbacked tokens across two transactions and extracting roughly $25 million, according to multiple blockchain security firms and onchain data. The attacker then swapped the minted USR for USDC and USDT across decentralized exchanges, converted the proceeds to ETH, and now holds 11,409 ETH worth about $23.7 million plus $1.1 million in wrapped USR in a separate wallet.USR,…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $90 and might struggle to start a recovery wave. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $88 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $85 or $80. Solana Price Revisits $85 Solana price failed to remain stable…

Autonomous AI agent commerce could mean the end of online advertising as it is currently known today and shift the internet’s economic model, according to a16z Crypto.Since the dawn of the internet, buying goods or services typically involves navigating to online stores (some through online advertisements). However, Merit Systems co-founder Sam Ragsdale argues this could change if AI agents do the shopping in the future. From 1997 to 2024, the business model for the internet was “distraction,” said Ragsdale in an a16z blog post on Sunday.“Humans reading a webpage can be distracted by an advert, monetizing their partial attention,” but LLMs…

Strategy (MSTR), the leading corporate holder of bitcoin, has described the launch of its Perpetual Stretch Preferred Stock (STRC) as the firm’s “iPhone moment,” and despite its support in BTC accumulation, risks remain.Before digging into these risks, it’s worth noting that while the focus is on STRC, specifically over its larger liquidity and adoption, they also apply to similar preferred offerings, including another bitcoin treasury company, Strive’s preferred offering, SATA.These instruments are “not well understood through the lens of traditional credit or equity,” and instead require a different analytical framework, said NYDIG’s Global Head of Research Greg Cipolaro in a…

Banks are exploring tokenized deposits as they test ways to move commercial bank money onto blockchain-based payment and settlement infrastructure, according to a new report from real-world asset data platform RWA.ioThe report, which was authored by RWA.io with contributions from industry participants including UK Finance, Citi, BNY, JPMorgan’s Kinexys, Standard Chartered, ABN Amro and Digital Asset, argues that tokenized deposits are emerging alongside stablecoins and central bank digital currencies as part of a broader onchain cash stack.Tokenized deposits are digital representations of traditional bank deposits on blockchain or other distributed ledger infrastructure. Unlike many stablecoins, they are direct liabilities of…