Author: NBTC

Bitcoin faces a critical test as short-term resistance near $63,500 raises the risk of a liquidity sweep toward the $60,000 support zone. Meanwhile, a long-term cycle model projects a deeper 2026 bottom between $40,000 and $45,000 before $BTC begins another potential bull run. Bitcoin Retests Short-Term Resistance as Sub-$62,000 Liquidity Comes Into Focus Bitcoin is testing a lower-time-frame resistance zone after rebounding from its recent decline. The chart outlines a bearish near-term scenario in which $BTC rejects from the current area, sweeps liquidity below $62,000 and then finds demand near $60,000. Bitcoin Retests $63,500 Resistance Before Possible Sub-$62,000 Sweep. Source:…

SpaceX is trading below its $135 IPO price. Marathon Digital is down 34% year to date. Coinbase has outperformed both. The math on which tech bet delivers risk adjusted returns has not been done until now. The largest IPO in history arrived in June 2026 and immediately became the most traded stock in the world. SpaceX priced at $135, opened above $190, touched $225.64 within two weeks, and then fell 48% to a post IPO low of $119.79 before stabilizing near $131. Two months after listing, buyers at the IPO price are underwater. Buyers at the peak have lost nearly…

Onchain data from Onchain Radar shows that approximately $114,000 worth of $RED tokens was withdrawn from a vesting wallet earlier today. Shortly after the funds were moved to a centralized exchange, the price of $RED fell by about 5%, continuing a pattern that has raised concerns among traders and investors. Vesting Wallet Activity and Market Impact Vesting wallets are typically used to lock up tokens for team members, early investors, or project development, releasing them gradually according to a schedule. When tokens are moved out of such wallets to exchanges, it often signals an intent to sell, which can create…

Top executives from major cryptocurrency firms held a private meeting with U.S. Commerce Secretary Howard Lutnick on Tuesday, ahead of a separate scheduled sit-down with President Donald Trump. The closed-door session, reported by Eleanor Terrett of Crypto in America, centered on advancing the CLARITY Act and bringing digital asset companies back to U.S. soil. Key Attendees and Agenda According to Terrett, the meeting included Coinbase CEO Brian Armstrong, a16z partner Chris Dixon, Ripple CEO Brad Garlinghouse, and Kraken CEO Arjun Sethi. The discussion focused on the importance of passing the CLARITY Act, a bill aimed at providing regulatory clarity for…

While weekend news feeds remain quiet, an important scenario is unfolding on the charts at the start of August as Bitcoin is attempting to form a reversal, but Ethereum is technically one step ahead. Right now, $BTC is hovering near $63,382, carefully drawing the right shoulder of a classic inverse head-and-shoulders pattern. Behind it lies a heavy decline from May highs above $81,000 and a nervous search for a bottom near $57,000. TechCharts analyst Aksel Kibar calls this setup the only real reason for short-term optimism among bulls at the beginning of August. Fresh Bitcoin price outlook by Aksel Kibar,…

Abu Dhabi has been quietly turning itself into one of the world’s proving grounds for digital assets, and last week’s announcement from Coinbase confirmed just how far that ambition has traveled. The crypto exchange giant said it is establishing an international tokenization hub inside Abu Dhabi Global Market, a move that industry figures describe as the clearest sign yet of UAE tokenization leadership taking shape on a global scale. It’s a signal that the emirate wants to be more than a regional experiment — it wants to be where the world’s financial system goes when it decides to move onto…

Grayscale Investments launched its first spot Zcash exchange-traded fund (ETF) on U.S. markets, with the fund — trading under the ticker ZCSH — recording $14.8 million in trading volume on its opening day. The fund closed the session down 1.54% at $63.10, after having been up more than 3.5% earlier in the day. ZCSH: A New Milestone for Zcash The debut of ZCSH marks a significant step for Zcash ($ZEC), a privacy-focused cryptocurrency that has often remained on the periphery of mainstream investment products. This is the first spot $ZEC ETF to list in the United States, providing investors with…

South Korea’s ruling Democratic Party appears set to proceed with taxation on gains from virtual asset investments, with no separate discussions under way to extend the current tax delay, according to a report by Financial News. The party has cited the principle that income should be taxed wherever it arises. Tax Implementation Timeline Under the Income Tax Act, the tax is scheduled to take effect on Jan. 1 next year. If the ruling party and the government do not pursue additional talks on another delay, taxation on virtual asset investment gains at a 22% rate will effectively become a reality.…

Bitcoin ($BTC) may be entering another difficult August after a technical sell signal emerged just as the cryptocurrency enters a month that has historically produced weak returns. The latest warning comes from the TD Sequential indicator, which flashed a sell signal on Bitcoin’s three-day chart, according to insights shared by market analyst Ali Martinez in an X post on July 31. At the same time, historical data shows that August has been one of Bitcoin’s weakest months in recent years, raising the risk of a renewed correction in August 2026. Data shared by Martinez shows that Bitcoin has recorded losses…

According to a new X post by Jim Chanos, who profitably short-sold Michael Saylor’s $BTC acquisition company a year ago, there is still $80 billion of “pure arbitrage” on the table. Chanos called the catalyst of Strategy selling its own stock a trading opportunity. “One of the greatest pure arbitrage situations, ever,” he stated, also calling it “an $80 billion actionable spread.” Chanos isn’t recommending an $80 billion trade in full but merely pointing out the broad opportunity within which a trader can time specific entries and exits. The idea is that a skeptic can short any amount of MSTR,…