Crypto market sentiment remains fearful as the broader market continues to 
slump, but that could be a good thing, as weak hands sell off, Santiment 
argued.

Sour crypto mood could fuel an ‘unexpected rally’ this month: Santiment

Coinbase is accelerating its international expansion with the launch of its 
Coinbase Business platform in Singapore, offering startups and SMEs instant 
USDC payments, global settlements, and integrated crypto finance tools through 
a partnership with Standard Chartered. Coinbase Targets Asia’s Fintech Boom 
With Singapore Business Platform The accelerating global shift toward crypto- 
powered finance has taken another […]

Coinbase Partners With Standard Chartered to Power Crypto in Singapore

Galaxy tokenization head Thomas Cowan says interest in tokenization is now 
“independent of the price of Bitcoin” as institutions have started to see the 
benefits.

Tokenization demand is no longer tied to Bitcoin: Galaxy executive

ARK Invest&#8217;s move underscores growing confidence in stablecoins&#8217; role in 
digital finance, potentially influencing broader market adoption.
The post Cathie Wood&#8217;s ARK Invest purchases 353,328 Circle shares appeared 
first on Crypto Briefing.

Cathie Wood’s ARK Invest purchases 353,328 Circle shares

Bitcoin price failed to recover above $105,000. BTC is trimming gains and 
might could continue to move down if it trades below $101,200. Bitcoin started 
a fresh decline after it failed to clear $105,500. The price is trading below 
$105,000 and the 100 hourly Simple moving average. There is a bearish trend 
line forming with resistance at $103,300 on the hourly chart of the BTC/USD 
pair (data feed from Kraken). The pair might continue to move down if it 
settles below the $101,200 zone. Bitcoin Price Dips Further Bitcoin price 
failed to stay in a positive zone above the $105,500 pivot level. BTC bears 
remained active below $105,500 and pushed the price lower. The last swing high 
was formed at $107,400 before the price started a fresh decline. There was a 
drop below the $105,000 and $104,000 levels. The price dipped below the 61.8% 
Fib retracement level of the upward move from the $99,220 swing low to the 
$107,400 high. Bitcoin is now trading below $104,000 and the 100 hourly Simple 
moving average. Besides, there is a bearish trend line forming with resistance 
at $103,300 on the hourly chart of the BTC/USD pair. If the bulls attempt 
another recovery wave, the price could face resistance near the $102,500 
level. The first key resistance is near the $103,250 level and the trend line. 
The next resistance could be $103,500. A close above the $103,500 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $105,000 resistance. Any more gains might send the price toward 
the $105,500 level. The next barrier for the bulls could be $106,800 and 
$107,000. More Losses In BTC? If Bitcoin fails to rise above the $103,500 
resistance zone, it could start another decline. Immediate support is near the 
$101,200 level and the 76.4% Fib retracement level of the upward move from the 
$99,220 swing low to the $107,400 high. The first major support is near the 
$100,500 level. The next support is now near the $100,000 zone. Any more 
losses might send the price toward the $98,800 support in the near term. The 
main support sits at $96,500, below which BTC might accelerate lower in the 
near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in 
the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD 
is now below the 50 level. Major Support Levels – $101,200, followed by 
$100,500. Major Resistance Levels – $103,250 and $103,500.

Cryptocurrency price in NZD