CoreWeave’s (CRWV) $9B all-stock deal to acquire Core Scientific sent CORZ shares tumbling. Why did investors reject the merger? Here&#8217;s what you need to know. Core Scientific Plunges The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on July 3, 2025, […]

Core Scientific Crashes After CoreWeave Acquisition News – What Spooked Investors?

Ethereum price started a fresh increase above the $2,550 zone. ETH is now 
consolidating gains and might aim for a fresh move above $2,620. Ethereum 
started a fresh increase above the $2,550 level. The price is trading above 
$2,580 and the 100-hourly Simple Moving Average. There is a key bullish trend 
line forming with support at $2,550 on the hourly chart of ETH/USD (data feed 
via Kraken). The pair could start a fresh increase if it remains supported 
above the $2,550 zone in the near term. Ethereum Price Gains Pace Ethereum 
price started a fresh increase above the $2,560 zone, beating Bitcoin. ETH 
price gained pace for a move above the $2,600 resistance zone and entered a 
positive zone. The price even tested the $2,620 resistance. A high was formed 
at $2,627 and the price is now consolidating gains. It is stable above the 
23.6% Fib retracement level of the upward move from the $2,515 swing low to 
the $2,627 high. Ethereum price is now trading above $2,580 and the 100-hourly 
Simple Moving Average. Besides, there is a key bullish trend line forming with 
support at $2,550 on the hourly chart of ETH/USD. On the upside, the price 
could face resistance near the $2,620 level. The next key resistance is near 
the $2,650 level. The first major resistance is near the $2,680 level. A clear 
move above the $2,680 resistance might send the price toward the $2,780 
resistance. An upside break above the $2,780 resistance might call for more 
gains in the coming sessions. In the stated case, Ether could rise toward the 
$2,880 resistance zone or even $2,920 in the near term. Are Downsides Limited 
In ETH? If Ethereum fails to clear the $2,620 resistance, it could start a 
fresh decline. Initial support on the downside is near the $2,570 level. The 
first major support sits near the $2,520 zone and the trend line. A clear move 
below the $2,520 support might push the price toward the $2,450 support. Any 
more losses might send the price toward the $2,350 support level in the near 
term. The next key support sits at $2,320. Technical Indicators Hourly MACD – 
The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI &#8211; The 
RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,520 Major 
Resistance Level – $2,620

Ethereum Price Turns Positive — More Upside Likely if Momentum Holds

Santiment says the ratio of bullish to bearish Bitcoin comments on social 
media has hit a three-week high as traders grow more optimistic about Bitcoin 
breaking above $110,000.

Crypto traders ‘starting to salivate’ as Bitcoin inches back toward $110K

Bitcoin has broken out of the orange bull flag on the 1-hour chart. After 
consolidating within a tight range, the breakout suggests that momentum is 
shifting back in favor of the bulls, and potentially setting the stage for a 
rapid push toward higher resistance levels. Pullback Or Launchpad? What 
Bitcoin&#8217;s Next Move Could Look Like According to MaxFINEancial&#8217;s latest 
analysis on X, he highlighted that a large green double bottom is forming 
within an orange bull flag on the 1-hour chart, which is a bullish 
continuation setup. Related Reading: Bitcoin Heating Up? NVT Golden Cross 
Hints At Potential Local Top The local high was a test of the trigger line of 
the double bottom, which signaled intent from the bulls. BTC is retesting the 
upper edge of the bull flag, aligning with the 1-hour 200-day MA, a critical 
dynamic support level that often dictates short-term momentum. MaxFINEancial 
projects a small pink bullish pennant forming and setting up for a 
continuation move higher. However, a rare diamond top pattern could also be 
taking shape, a bearish reversal formation that, if validated, may trigger a 
sharp downside move. If BTC loses the 1-hour 200-day MA, he advises shifting 
focus to the 4-hour 200-day MA, which is the line of defense. The important 
bullish area targets are $113,700, $115,867, $117,030, and $122,143, while the 
bearish diamond top target is $103,079. Market analyst A_y has also 
highlighted that Bitcoin is consolidating below the $110,000 resistance on the 
4-hour chart, with the structure forming a textbook ascending triangle. This 
setup is the rising higher lows against horizontal resistance that precedes a 
strong breakout. If BTC manages to break above $110,000, the move could 
accelerate toward the $112,000 to $114,000 range, marking a bullish trend. 
However, failure to breach this ceiling may lead to a pullback toward 
$104,000, where previous demand has stepped in. The Relative Strength Index 
(RSI) is neutral, suggesting that there is room for momentum to build, while 
the Moving Average Convergence Divergence (MACD) shows a bullish crossover, 
that is hinting at potential upward momentum, BTC is still trading below the 
EMA, which means bulls need to prove strength for a confirmed breakout. 
Bitcoin Stable At $108,000 — Market Cooling, Not Crashing In an update on X, 
Chad_TattoosMD also emphasized that Bitcoin is showing resilience and holding 
strong around the $108,000 level despite the recent dip. BTC is maintaining 
its structure and refusing to break lower, which is a sign of underlying buyer 
confidence. Related Reading: Bitcoin Traders Are Betting Against the Rally, 
Will It Backfire? The Relative Strength Index (RSI) sits at neutral 54, 
indicating no extreme momentum in either direction. Meanwhile, the Stochastic 
(RSI) has entered overbought territory and is now cooling off, hinting at a 
potential short-term pullback. However, nothing on the chart suggests a 
breakdown is imminent. Chad_TattoosMD also points to $106,000 as the key 
support, and $112,000 as the resistance, which remains in a tight zone on the 
chart. Featured image from iStock images, chart from tradingview.com

Bitcoin Bull Flag Breakout Confirmed — What Happens Next?

BBVA unleashes mainstream crypto access in Spain, letting millions seamlessly 
buy, sell, and hold bitcoin and ether directly within its mobile banking 
ecosystem. BBVA Ignites Crypto Frenzy With Bitcoin and Ether Now Live for 
Millions in Spain Banking giant Banco Bilbao Vizcaya Argentaria (BBVA) 
revealed last week that it has launched a cryptocurrency trading and […]

Banking Giant BBVA Launches Crypto Trading for Retail Users in Spain

TRM Labs said North Korea is moving away from hacks to focus more on 
deception-based revenue generation, such as planting IT workers in US 
companies.