ZBCN is pulling back after a strong breakout and is now entering a major technical support zone. With the Golden Pocket, VWAP, and liquidity confluence aligning, a bullish reversal may be near. After establishing a new swing high through a…

ZBCN price nears bullish reversal zone after losing value area low

Other crypto firms are also reportedly considering applying for a national 
bank charter, following in the footsteps of Anchorage Digital Bank, which 
received a license in 2021.

Circle applies for US trust bank charter to manage its USDC reserve

Ethereum takes center stage as Bitmine commits $250 million in crypto and cash 
to catapult into top ETH holder ranks, redefining treasury strategy with 
institutional firepower. Bitmine Eyes Top ETH Holder Status With $250M Crypto 
and Cash Investment Ethereum treasury strategies are gaining institutional 
traction as Bitmine Immersion Technologies (NYSE American: BMNR) unveiled a 
$250 […]

Bitmine Launches $250M Ethereum Treasury Strategy With Top Crypto Investors

Bitcoin price started trading in a range below the $108,800 zone. BTC is now 
consolidating and might aim for a move above the $108,000 resistance. Bitcoin 
started a downside correction from the $108,800 zone. The price is trading 
below $107,500 and the 100 hourly Simple moving average. There is a bearish 
trend line forming with resistance at $107,400 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if 
it stays above the $105,500 zone. Bitcoin Price Eyes Fresh Gains Bitcoin price 
started a fresh increase above the $105,500 zone. BTC gained pace and was able 
to climb above the $106,500 and $107,200 levels to enter a positive zone. The 
bulls pushed the price above the $108,000 resistance and the price tested the 
$108,800 zone. A high was formed at $108,792 and the price recently corrected 
gains. There was a move below the $107,500 level. A low was formed at $106,800 
and the price is now consolidating losses. There was a recovery above the 
23.6% Fib retracement level of the downward move from the $108,792 swing high 
to the $106,800 low. Bitcoin is now trading below $107,500 and the 100 hourly 
Simple moving average. On the upside, immediate resistance is near the 
$107,400 level. There is also a bearish trend line forming with resistance at 
$107,400 on the hourly chart of the BTC/USD pair. The first key resistance is 
near the $108,000 level and the 50% Fib level of the downward move from the 
$108,792 swing high to the $106,800 low. A close above the $108,000 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $108,800 resistance level. Any more gains might send the price 
toward the $110,000 level. More Losses In BTC? If Bitcoin fails to rise above 
the $108,000 resistance zone, it could start another decline. Immediate 
support is near the $106,800 level. The first major support is near the 
$106,500 level. The next support is now near the $105,500 zone. Any more 
losses might send the price toward the $105,000 support in the near term. The 
main support sits at $103,500, below which BTC might gain bearish momentum. 
Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish 
zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below 
the 50 level. Major Support Levels – $106,800, followed by $106,500. Major 
Resistance Levels – $108,000 and $108,800.

Bitcoin Price Holds Steady — Bullish Monthly Structure Suggests Rally Continuation

On-chain data shows Dogecoin is the only cryptocurrency among the top 10 where 
investors are currently realizing more losses than profits. Dogecoin Investors 
Realized $124 Million In Loss Over The Last 24 Hours In a new post on X, the 
on-chain analytics firm Glassnode has shared how the major cryptocurrencies 
compare against each other in terms of the Realized Loss and Realized Profit 
metrics. Related Reading: XRP Down 3% After SEC Settlement Stalls, But Social 
Media Turns Bullish These indicators measure, as their names already imply, 
the amount of loss/profit that the investors on a given network are realizing 
through their transactions right now. The metrics work by going through the 
transfer history of each coin being sold to see what price it was moved at 
prior to this. If this previous value is less than the price that the coin&#8217;s 
now being sold at, then the token&#8217;s sale is leading to profit realization. On 
the other hand, it being higher suggests loss realization. The Realized Profit 
sums up the difference between the two prices involved in all sales of the 
former type, while the Realized Loss does the same for the latter ones. Now, 
here is the table shared by the analytics firm that shows how the 24-hour 
values of the two metrics currently stack up for the top 10 coins by market 
cap: As is visible above, the scale of the Realized Loss and Realized Profit 
differs greatly between the different assets, but one pattern is consistent: 
the latter outweighs the former, implying a trend of net profit-taking from 
the investors. One asset, however, doesn&#8217;t fit the mold: Dogecoin. The 24-hour 
Realized Loss for the memecoin stands at around $132 million, while the 
Realized Profit is much lower with a value of just $5 million. As such, it 
would appear that while the participants in the rest of the sector have been 
harvesting gains, DOGE holders have been panic capitulating at a loss instead. 
Among these top coins, the investors of Bitcoin have realized the largest 
profit, with the indicator&#8217;s value sitting at a whopping $1.3 billion. The 
Realized Loss is also restricted to just $33 million for the number one 
cryptocurrency, indicating selling has been heavily lopsided toward profit- 
taking. Related Reading: Bitcoin Binance Open Interest Shoots Up: Warning For 
BTC? Things are more balanced for Ethereum, the digital asset ranked number 
two. Its Realized Loss of $18.4 million is roughly half that of its Realized 
Profit of $35.2 million. The fact that profit realization is so dominant for 
the likes of Bitcoin, however, might actually be a bearish sign. Historically, 
such market conditions have made tops more likely. A dominance of loss-taking, 
on the other hand, can facilitate reversals to the upside. As such, while not 
a given, Dogecoin may not be in a bad position, at least in this regard. DOGE 
Price Dogecoin touched the $0.170 mark during the weekend, but the memecoin 
has seen a retrace under $0.165 to kick off the week. Featured image from 
Dall-E, Glassnode.com, chart from TradingView.com

Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit

Circle’s move to create a federally regulated digital currency bank signals a 
massive leap toward integrating crypto infrastructure directly into the core 
of U.S. financial regulation. Circle Seeks OCC Approval to Establish Federally 
Regulated USDC Trust Bank A national charter pursuit from a leading stablecoin 
firm signals accelerating institutional integration of digital dollars into 
the […]