Author: driver789

The Bitcoin price has broken below a legendary support level that had stood strong for 14 years, marking a major moment for the cryptocurrency. Market expert Crypto Tice has released a new analysis detailing the significance of this breach, warning of potential risks and a possible price shift. The recent downturn follows BTC’s latest surge after it cleared previous resistance levels, which pushed its price back toward the $75,000 region. Bitcoin Price Falls Below 14-Year Support Level Sharing a price chart clearly illustrating the 14-year support on X, Crypto Tice emphasized that this trendline was far more than just another…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Amundi, Europe’s largest asset manager, is launching the Spiko Amundi Overnight Swap Fund (SAFO), a tokenized fund on Ethereum and Stellar starting with about $100 million in committed assets. A Traditional Fund With A Tokenized Wrapper Institutions historically related to TradFi have found a way to not to be left behind on the crypto curve in tokenized assets. In a statement published on Amundi’s website, the investment fund announced its collaboration with Spiko, a French-law regulated specialist tokenization platform, to launch SAFO as a tokenized sub-fund of…

Bitcoin price held near the $70,000 level today as geopolitical risks tied to the conflict involving Iran shifted and macro expectations weighed on broader risk markets, while derivatives data and on-chain metrics pointed to a market in consolidation rather than capitulation. The bitcoin price hovered around $70,500 in early Friday trading, following a pullback from a recent high near $76,000.  The move came as energy markets surged and inflation concerns returned to the forefront, limiting upside across risk assets. Despite the pressure, Bitcoin price has shown relative stability compared with commodities and equities during the same period. Research from VanEck…

US investment bank Morgan Stanley filed a second amended S-1 for its proposed spot Bitcoin exchange-traded fund (ETF), detailing seed capital, trading partners and listing plans as the Wall Street bank moves closer to launching the product under the ticker MSBT.The amended filing says the trust expects to raise $1 million through the sale of 50,000 initial seed shares to its delegated sponsor ahead of listing on NYSE Arca, then use the proceeds to buy Bitcoin (BTC) for the fund. Morgan Stanley said the fund remains subject to regulatory approval before it can begin trading.The filing lists Jane Street, Virtu…

South Korea’s National Tax Service (NTS) is moving to select a private custody provider for seized crypto assets after a February press release exposed a wallet recovery phrase and triggered the unauthorized transfer of confiscated tokens.On Feb. 26, the NTS accidentally exposed a crypto wallet seed phrase in an official press release, resulting in the unauthorized transfer of crypto tokens valued at about $4.8 million. The release included an image of a Ledger cold wallet and a sheet of paper showing the mnemonic phrase without being blurred. Citing people familiar with the matter, ZDNet Korea reported that the agency is reviewing…

By Francisco Rodrigues (All times ET unless indicated otherwise)Bitcoin BTC$70,442.96 has stabilized above $70,000. Its relative strength is noteworthy given the selloff over the week, which saw it drop from over $75,000.Most assets saw sharp downturns over the period as the conflict in Iran escalated, damaging vital energy infrastructure. A hotter-than-expected February U.S. PPI print compounded the effect.Traditional havens, including gold and silver, also tumbled while Brent crude surged above $110 a barrel owing to supply disruptions caused by the closure of the Strait of Hormuz.The Fed didn’t help. While the U.S. central bank held interest rates steady on Wednesday,…

Tom Lee, co-founder of renowned Fundstrat Global Advisors and a cryptocurrency analyst, has stated that Ethereum’s (ETH ($2,152.37 · Live)) prolonged bear market has ended and that the bottom is now behind it. In an analysis shared with the Bitmine (BMNR) team, Ethereum’s price chart was compared to the recovery periods following the major crashes in the S&P 500 in 1987 and 2011, using Tom DeMark indicators. According to the analysis, the current price structure shows a 93% correlation with these two historical low cycles. Related News: Famous Millionaire CEO Bill Barhydt Claims a Massive Bullish Pattern Has Formed in…

Ethereum, being the second-largest cryptocurrency by market cap, has often drawn a lot of attention as the next in line to replicate Bitcoin’s success. But despite Bitcoin rallying to new all-time highs, Ethereum has stayed below $5,000, unable to hit this major target. This has not deterred investors, however, with analysts still predicting that the Ethereum price will eventually beat the $5,000 mark and rally toward 5-figures in the end. Why Ethereum Price Could Cross $5,000 Following the initial decline from the $4,900 high that was registered back in 2025, the Ethereum price was stuck in an accumulation range. This…

Ethereum price has fallen by over 35% since the beginning of this year. However, a bullish pattern forming on charts now suggests a potential bounce back to earlier levels if confirmed. Summary Ethereum remains down over 35% year to date, trading near $2,172 amid macro pressure from geopolitical tensions, inflation risks, and a hawkish Fed outlook. A cup and handle pattern has formed on the daily chart, with a breakout above $2,400 potentially opening the path toward $3,000. Institutional sentiment shows early recovery signs with $302.8 million in ETF inflows this month, though momentum indicators still reflect weak bullish strength.…

Morgan Stanley has confirmed that its proposed spot bitcoin exchange-traded fund will trade under the ticker MSBT on NYSE Arca, according to an updated filing with the U.S. Securities and Exchange Commission. The filing outlines the structure of the Morgan Stanley Bitcoin Trust, a passive investment vehicle designed to track the spot price of bitcoin through direct holdings.  Shares of the trust will reflect the value of bitcoin held in custody, offering exposure through brokerage accounts without requiring direct ownership of the asset. The trust plans to seed the fund by issuing 50,000 shares, expected to raise about $1 million…