COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Crypto strategist Rekt Capital warns that Bitcoin $98,002 may trend lower due to strengthening resistance levels. In a statement on the social media platform X, he noted that Bitcoin has been struggling to reclaim critical weekly support levels. Bitcoin’s Downward Trend and Market OutlookHistorical Trends and Progress in the Bull Market Bitcoin’s Downward Trend and…

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Line Partners With Sony’s Soneium to Launch Blockchain Mini-Apps for 200 Million Users

Line, Japan’s largest social media network, has announced a partnership with Sony’s recently launched “Soneium” blockchain to introduce blockchain-powered mini-apps to its 200 million users. This collaboration aims to enhance user experience and facilitate new blockchain interactions while providing developers with tools to foster innovation within the ecosystem. Soneium, which has quickly gained traction with…

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California Lawmaker Amends Bill to Protect Crypto Self-Custody Rights

California saw new amendments to Assembly Bill 1052, initially introduced as the Money Transmission Act. On March 28, Democratic lawmaker Avelino Valencia, who chairs the Banking and Finance Committee, revised the bill to incorporate several Bitcoin and crypto-related protections, aiming to secure self-custody rights for the state’s nearly 40 million residents. The bill, now renamed…

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Avenir Group Solidifies Position as Asia’s Largest Bitcoin ETF Holder with $599 Million Stake

– Advertisement – Hong Kong, Hong Kong, February 20th, 2025, Chainwire Hong Kong-based investment group Avenir Group has emerged as a major institutional player in the digital asset market, with its recent disclosure revealing a significant $599 million investment in Bitcoin ETFs. This strategic move not only underscores Avenir’s confidence in the future of digital assets…

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Bitcoin Price Analysis: Bulls Struggle as $94K Support Faces Ultimate Test

Bitcoin is trading at $95,700 with an overall market capitalization of $1.89 trillion, a 24-hour trading volume of $13.51 billion, and an intraday price range between $94,805 and $96,684, reflecting a consolidation phase amid mixed technical signals. Bitcoin Bitcoin’s daily chart shows BTC previously peaked near $109,356 before experiencing a pullback to approximately $89,164, followed…

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Русия въвежда регионални забрани и сезонни ограничения за добива на криптовалути

От 2025 г. Русия ще наложи строги ограничения върху добива на криптовалути, включително пълна забрана в 10 региона и сезонни ограничения в други. Тези мерки, които ще са в сила до 2031 г., имат за цел да отговорят на енергийните проблеми и да се съобразят с последните законодателни актуализации. В региони като Дагестан, Чечения и…

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COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

XRP is seeing increasing expectations for an exchange-traded fund (ETF) approval in the US. FOX Business reporter Eleanor Terrett revealed that the SEC may evaluate Grayscale’s XRP ETF application on February 13, 2025. This suggests that XRP could join other cryptocurrencies like Bitcoin $96,149 and Ethereum $2,628 with spot ETFs. However, the ongoing lawsuit between…

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Ripple’s XRP eyes explosive rally to $5.85 as analysts predict major breakout amid price swings

Analysts believe Ripple’s XRP could hit $5.85 despite its volatile market performance. Last week, the crypto hit a peak of $2.87, sparking optimism among analysts for a rapid price surge. However, the bullish trend faltered as the price dropped to around $2, followed by fluctuating recoveries and dips. Strategist Dark Defender, however, maintains that the…

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Solana Faces Selling Pressure, Struggles Near Key Support Levels  

Solana’s price struggles as selling pressure mounts, with critical support levels being breached amidst bearish market sentiment.   Trading volume spikes reveal intensified bearish momentum, aligning with Solana’s drop below the $195 support and $175 EMA levels.   Oversold RSI suggests a potential relief rally, but sustained recovery depends on renewed investor confidence and stabilized market conditions.  …

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Canary Capital’s Litecoin ETF Filing Signals New Milestone for Crypto Adoption

Canary Capital’s S-1 amendment pushes Litecoin ETF closer to potential SEC approval in the U.S. market. Litecoin sees a 15% surge as whales accumulate $29M in anticipation of possible ETF approval. SEC leadership changes may shape a friendlier crypto environment, boosting hopes for Litecoin ETF approval. Canary Capital submitted an amended S-1 form for its…

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