🚨 **An unusually strong demand zone has formed for $BTC around $84K–$85K.** 🧐
Even though current market activity is marked by very low trading volume, the 6-month Cost Basis Distribution Heatmap now highlights the $84K–$85K range in pink, signaling the densest concentration of traded volume.
Normally, this kind of intense pink support is only seen on shorter 3-month views and during periods of normal or high volume. Seeing it appear on a 6-month timeframe makes this development especially unexpected.
As noted before, once price moves decisively through these heavy-volume zones, it often travels rapidly toward lower levels. For now, the broader trend remains bearish.
If this pink support band does not hold, $BTC could slide into the $70K–$79K region. On the other hand, if price revisits this area and the zone effectively absorbs sell pressure, the resulting rebound could be very powerful.
🚨 **An unusually strong demand zone has formed for $BTC around $84K–$85K.** 🧐
Even though current market activity is marked by very low trading volume, the 6-month Cost Basis Distribution Heatmap now highlights the $84K–$85K range in pink, signaling the densest concentration of traded volume.
Normally, this kind of intense pink support is only seen on shorter 3-month views and during periods of normal or high volume. Seeing it appear on a 6-month timeframe makes this development especially unexpected.
As noted before, once price moves decisively through these heavy-volume zones, it often travels rapidly toward lower levels. For now, the broader trend remains bearish.
If this pink support band does not hold, $BTC could slide into the $70K–$79K region. On the other hand, if price revisits this area and the zone effectively absorbs sell pressure, the resulting rebound could be very powerful.
🔥🏦 **JUST IN: Bank of England Lowers Interest Rates to 3.75%**
The Bank of England has announced a 25-basis-point rate reduction, bringing the policy rate down from 4.00% to 3.75%. Markets had largely priced this in, marking another step in the BoE’s easing path that started in August 2024.
**Implications for Crypto Markets:**
🌍 **Rising Global Liquidity:** With the BoE aligning with the Fed and ECB, major central banks are clearly moving toward looser monetary conditions. Increased global easing usually means more capital looking for higher returns.
📉 **Softer Pound, Stronger Setup:** A declining GBP often supports USD-priced assets such as Bitcoin and Ethereum, making them more attractive to overseas investors.
⚡ **Shift Toward Risk Assets:** Lower rates reduce the incentive to hold cash or government bonds, encouraging funds to flow into growth-oriented and higher-risk assets, including crypto.
The rate-cut chain reaction is underway. Is your portfolio ready for the incoming wave of liquidity?
Although Web3 is designed to be open and decentralized, many users and developers still face significant barriers. Complicated onboarding, technical language, scattered tools, and insider-focused ecosystems often restrict participation to seasoned crypto users.
These obstacles slow broader adoption and go against Web3’s promise of inclusivity. For Web3 to move beyond early adopters, platforms need to prioritize straightforward experiences, transparent incentives, and wider access.
Lowering friction rather than adding complexity will be essential for long-term growth.
Fake Zoom Scam Tied to North Korea Steals $300M from Crypto Leaders
A complex scam connected to North Korean hackers has reportedly taken more than $300 million by targeting crypto executives with fraudulent Zoom invites. Victims were lured into installing malware that gave attackers access to their wallets.
This case underscores the rising threat of social engineering, which bypasses technical protections by exploiting trust and everyday habits.
As attacks grow more precise, maintaining strict operational security and verification protocols is crucial across the crypto sector.
Tom Lee–Backed BitMine Boosts Corporate Treasury with $321M in Ether
Ethereum is increasingly being adopted beyond trading and DeFi, as companies start holding it as a strategic treasury asset. BitMine, supported by investor Tom Lee, has added $321 million in ETH to its corporate reserves, signaling rising institutional confidence in Ethereum.
Unlike short-term trading, these treasury investments show long-term belief in Ethereum as programmable financial infrastructure. As more firms diversify their reserves with digital assets, Ethereum’s role grows from a technology platform to a key balance-sheet asset.
This move highlights a broader trend of institutional crypto adoption, with Ethereum taking a central position alongside Bitcoin.
$BTC Spot Bitcoin ETFs rebounded last week with a total net inflow of $287 million, led by BlackRock’s IBIT fund.
🔹 BlackRock IBIT attracted $214 million, nearly 75% of the week’s total, bringing its cumulative inflow to a record $62.73 billion. 🔹 Fidelity (FBTC) added $84.47 million, maintaining steady performance. 🔹 Grayscale (GBTC) saw net outflows of $38.76 million, pushing total historical outflows past $25 billion. VanEck (HODL) recorded negative flows of $25.14 million. 🔹 The ETF market remains polarized: BlackRock draws new investment into BTC, while Grayscale faces continued withdrawals.
Are BlackRock’s inflows enough to push Bitcoin to new highs despite Grayscale’s outflows?
🚀 **$HEMI is showing strong bullish momentum!** After an extended consolidation phase, the H4 chart has flipped upward, hinting at a powerful price expansion ahead. Buyers are stepping in, and momentum is clearly building 📈🔥
Following an extended period of consolidation, the H4 chart is showing a rebound to the upside, suggesting the start of a powerful bullish move — a favorable moment to consider long positions 📈🔥
💡 Early positioning allows traders to capture the full upside potential. This setup points to a strong breakout forming, so staying alert could be rewarding 🚀💎