#BTC100kNext? According to the analyst, Bitcoin is also holding above $BTC 95000, and as long as it stays above this level, the uptrend remains possible. The next significant resistance to watch is around $98,200, which, if breached, could open the path to $107,500.
At $107,500, a key decision point will occur: either the uptrend continues, or Bitcoin could face a rejection and fall back toward support zones around $83,822–$82,477. A break below $82,477 could see Bitcoin testing strong support levels in the $74,496–$71,237 area.
$ETH Market stress and liquidations . {spot}(ETHUSDT)
Derivatives data show frequent large liquidation events, including recent episodes where over 100 million USD worth of positions were cleared in under an hour, highlighting high leverage and risk across the market. Analysts describe the environment as one where strong rallies can quickly reverse, and some expect a “Darwinian” shake‑out of weaker crypto firms during any prolonged downturn.
Derivatives data show frequent large liquidation events, including recent episodes where over 100 million USD worth of positions were cleared in under an hour, highlighting high leverage and risk across the market. Analysts describe the environment as one where strong rallies can quickly reverse, and some expect a “Darwinian” shake‑out of weaker crypto firms during any prolonged downturn.
#CryptoNewss Over $1 billion in bearish crypto bets were liquidated over the past 24 hours as Bitcoin surged to an all-time high of $118,847.🌠 Augustine Fan, a partner at SignalPlus, said "The conditions for a slow grind higher have been in place for some time" and "Today's move appears to be a product of that setup".🔭 Bullish signs are accumulating, including renewed ETF inflows and a Congressional committee declaring next week as "Crypto Week", with traders and fund managers offering various triggers for the sudden melt-up.
Regulating India’s virtual digital assets revolution.
There is a wide gap between reality and policy, creating challenges for regulators and market players
India continues to lead in grassroots crypto adoption, for the second consecutive year in the ‘Geography of Crypto’ report by Chainalysis (2024). A National Association of Software and Service Companies (NASSCOM) report finds that Indian retail investors poured $6.6 billion into crypto assets and predicts the industry could create over eight lakh jobs by 2030. India also boasts one of the largest and fastest-growing web3 developer cohorts.
This vibrancy may seem surprising, given the rocky journey of crypto, known as ‘Virtual Digital Assets’ (VDA), in India, within the domestic regulatory and policy landscape. In May 2025, the Supreme Court of India questioned the absence of comprehensive and clear crypto regulation in India, with a remark, “Banning may be shutting your eyes to ground reality”. This observation highlights the dissonance between VDA reality and VDA policy which has created. Significant challenges for regulators and market players. #bitcoin
#MuskAmericaParty Can Elon Musk’s America Party go beyond X to be a political force? Explained, in 3 points
Elon Musk New Political Party Explained: Why exactly does Elon Musk oppose the One Big Beautiful Bill Act? How soon can his America Party take off? We answer, in 3 points.
#Ethereum✅ has spent the last 4 years just consolidating. The last time $ETH did this, it broke out with a 48x move. Now we’re at the end of another long range. 👉 What do you think comes next? If history rhymes even halfway, the next leg up could be massive. Stay sharp. This could be the calm before the real storm.
The Pennsylvania House of Representatives introduced a bill today that, if passed, would allow the state to hold Bitcoin as a reserve asset on its balance sheet.
This legislative move aims to position Pennsylvania among the first U.S. states to recognize Bitcoin as a viable store of value in state reserves, reflecting a growing trend in government-level interest in digital assets. The proposed legislation aligns with a broader movement in both the U.S. and internationally, where various governmental and institutional entities are increasingly viewing Bitcoin as a hedge against inflation and currency devaluation. Advocates argue that Bitcoin’s fixed supply makes it a unique digital asset with properties that could provide financial resilience and stability within government portfolios. Pennsylvania’s decision to introduce this legislation could signal a significant step toward broader acceptance of Bitcoin as a financial reserve.
Under the current bill, Pennsylvania would be able to allocate part of its reserves to Bitcoin, similar to the way corporations like Tesla and MicroStrategy have integrated Bitcoin into their balance sheets. Supporters of the bill highlight that Bitcoin’s resilience and decentralization could offer a modernized, alternative approach to traditional asset holdings. They further argue that, as an inflation-resistant asset, Bitcoin could add value to Pennsylvania’s financial reserves over time.
If this legislation passes, Pennsylvania could set a precedent for other states considering similar moves. Several states, such as Texas and Wyoming, have expressed interest in blockchain technology and cryptocurrency regulation, but few have moved forward with legislation specifically allowing Bitcoin as a state-held asset.