Shares of Canadian crypto provider Neptune surged 40% after it secured a $20 
million credit facility from Sygnum Bank to buy Bitcoin. Neptune Digital 
Assets Corp., a public Canadian infrastructure provider, saw its shares climb 
40% on over-the-counter markets after…

Neptune shares rise 40% after securing $20m credit line to buy more Bitcoin

An analyst has explained how Arbitrum could see an upswing of around 46% if 
its price breaks out of this technical analysis pattern. Arbitrum Has Been 
Trading Inside A Descending Triangle Recently In a new post on X, analyst Ali 
Martinez has talked about a Descending Triangle pattern forming in the 4-hour 
price of Arbitrum. The &#8220;Descending Triangle&#8221; refers to a formation from 
technical analysis (TA) that, as its name suggests, looks like a triangle 
slopped downwards. The pattern involves two trendlines between which the asset 
consolidates: an upper level drawn by connecting together lower highs in the 
price and a lower one parallel to the time-axis that joins bottoms. Like in 
many other TA patterns, the upper line is considered to be a point of probable 
resistance for the price, while the lower one can act as support. Related 
Reading: Trader Greed Strikes Again: Bitcoin Corrects To $102,000 After FOMO 
Spike Breaks out of either of these lines can imply a continuation of trend in 
that direction. An escape above the triangle is naturally a bullish signal, 
while a drop under it can foreshadow a bearish outcome. Similar to the 
Descending Triangle, there is also another pattern called the Ascending 
Triangle, which forms when the consolidation occurs towards an overall upside. 
Now, here is the chart shared by the analyst that shows the Descending 
Triangle that the 4-hour price of Arbitrum has been trading inside during the 
last couple of months: As displayed in the above graph, the Arbitrum 4-hour 
price retested the upper level of the Descending Triangle a few days ago, but 
it found rejection as it has since plunged down. Yesterday, the coin saw a 
very brief retest of the lower line, but it appears this level is also holding 
for the cryptocurrency as its price has found a rebound from it. Related 
Reading: XRP Whale Binance Deposits Skyrocket: Key Holders Preparing For 
Profit-Taking? It&#8217;s likely that these levels won&#8217;t hold for long, however, as 
ARB is fast approaching the apex of the triangle. As the range gets narrower, 
the chances of a breakout (in either direction) become higher. At present, 
Arbitrum is trading right in the middle of the two levels, so it&#8217;s uncertain 
which one it would be traveling to next. Martinez notes that if the breakout 
happens towards the upside, then the cryptocurrency could end up enjoying a 
surge of around 46%. This figure is based on the fact that the height of the 
triangle involves a price swing of this percentage. It only remains to be seen 
whether ARB would be able to find a break above the Descending Triangle or 
not. ARB Price At the time of writing, Arbitrum is trading around $0.72, up 1% 
over the last 24 hours. Featured image from Dall-E, charts from 
TradingView.com

Arbitrum (ARB) Primed For 46% Rally If This Happens, Analyst Reveals

Spot Bitcoin exchange-traded funds in the United States resumed their positive 
inflow streak on Jan. 21, following President Donald Trump’s inauguration, 
with BTC holding above $105k. According to data from SoSoValue, the 12 spot 
Bitcoin ETFs recorded $802.5 million in…

Bitcoin ETFs resume inflows post-Trump inauguration as BTC holds above $105k

BRICS, an economic bloc comprising emerging nations, remains unfazed by U.S. 
President Donald Trump’s threats to levy 100% tariffs on goods from member 
states, according to Russian Ambassador Sergey Tolchenov. Speaking to the 
Jakarta Globe on Tuesday, Tolchenov highlighted BRICS’ financial independence 
and its resilience against external pressures, including U.S. warnings. He 
emphasized the bloc’s […]

BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy

A fraudulent U.S. Treasury XRP wallet has been circulating on social media, 
misleading the crypto community and highlighting the rise of scams and 
misinformation in the industry.

Cryptocurrency price in GBP