Crypto News

New York Times (gated) with the report:A struggling technology company that has ties to China and relies on TikTok made an unusual announcement this week. It had secured funding to buy as much as $300 million of $TRUMP, the so-called memecoin marketed by President Trump.GD Culture Group, a publicly traded firm with a Chinese subsidiary, has only eight employees, its public filings show, and recorded zero revenue last year from an e-commerce business it operates on TikTok, a Chinese-owned video-sharing app.Nothing suss! This article was written by Eamonn Sheridan at www.forexlive.com.

Coin Desk with the info:Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdingsbought $458 mn of Bitcoin for Twenty One Capitaltransferred it to an escrow wallet on May 9disclosed in a May 13 filing with the US Securities and Exchange CommissionMore at the linkBTC update:---Stablecoin issuer Tether This article was written by Eamonn Sheridan at www.forexlive.com.

Bitcoin Analysis for Today: tradeCompass Highlights Critical Levels Near $104,265Today's Bitcoin Futures (BTC) are trading at approximately $104,265, slightly below today's Volume Weighted Average Price (VWAP) at $104,530, signaling mild intraday bearish momentum. However, since the trading session is still developing, this early bearish signal remains tentative.tradeCompass Levels for May 12, 2025Bullish Above: $104,735Positioned above today's developing Value Area High (VAH) at $104,630.More importantly, above the third upper standard deviation of Friday’s VWAP, indicating significant bullish momentum if crossed.Bullish Targets:$105,200 - Below today's second VWAP deviation, providing a cautious first profit-taking zone.$105,540 - Just under today's third VWAP deviation.$108,200 - A more ambitious target assuming bullish continuation.Bearish Below: $103,920Located below the first upper deviation of Friday's VWAP.Below today's Value Area Low (VAL) at $104,070, signaling potential bearish sentiment if breached.Bearish Targets:$103,590 - Near Friday's VWAP, suggesting a moderate initial downside.$103,140 - Just above Friday's VAL.$102,360 - Above Thursday's VAH.$101,850 - Near Thursday's Point of Control (POC), where high volume indicates strong historical trading interest.$100,450 - Just above Thursday's VWAP, crucially close to the psychologically significant $100,000 level.Understanding Volume Profile and VWAP in tradeCompass AnalysisVolume Profile: Volume profile analysis helps traders visualize areas of significant buying and selling activity at specific price levels. Levels with high traded volume, known as "Points of Control" or "Value Areas," often act as strong support or resistance due to the accumulated market interest. Traders monitor these areas carefully to predict price reversals or continuations.VWAP (Volume Weighted Average Price): VWAP represents the average price weighted by volume throughout the trading session. It's a critical benchmark for institutional traders and is often used as a dynamic support or resistance level. Standard deviation bands around VWAP indicate normal trading ranges, providing actionable insights into potential price extremes. Crossing these bands can signal robust momentum and trend shifts.Market Context: Revisiting the $100K LevelBitcoin recently surpassed the major psychological level of $100,000. Historically, price tends to revisit significant milestones before confirming directional moves. Market makers utilize these levels to trigger stop orders, thereby increasing trading volatility. Consequently, despite the recent bullish breakout, a retest around $100K remains highly probable.Medium-term sentiment is slightly bearish, suggesting possible consolidation or pullback before any sustained upward movement. However, the longer-term perspective still favors an eventual revisit of the all-time high near $110,150.Practical Application of tradeCompassUse the provided bullish and bearish thresholds strategically:Watch how price action unfolds near these key levels.Consider partial profit-taking at designated targets to manage risk effectively.Maintain flexibility in trading strategies, adapting to real-time market signals and volume indications.Always manage your risk prudently, using tradeCompass as a directional guide complemented by your personalized trading tactics and timeframes. This article was written by Itai Levitan at www.forexlive.com.

Crypto media with the report:Goldman Sachs is now the largest holder of shares of IBIT, BlackRock’s spot bitcoin ETF, after boosting its holdings by 28% over the course of 2025’s first quarter. IBIT’s 20-day streak of net inflows is the longest such streak for any spot bitcoin ETF in 2025, drawing in over $5 billion over the period. ---BTC update, such flows helping to underpin the price: This article was written by Eamonn Sheridan at www.forexlive.com.

Standard Chartered is reconsidering its US$120,000 BTC forecast for Q2 2025: “I apologise that my USD120k Q2 target may be too low,” Stan Chart see the crypto heading higher, citing:strategic asset reallocation away from US assetsaccumulation by whalesdominant story for Bitcoin has changed ... it was correlation to risk assets … It then became a way to position for strategic asset reallocation out of US assets. It is now all about flows. And flows are coming in many forms.Stan Chart note flows:US$5.3bn inflows to U.S. spot bitcoin ETFs over the last three weeksStrategy increasing bitcoin purchasesAbu Dhabi sovereign wealth fund holding BlackRock’s spot Bitcoin IBITSwiss National Bank reportedly holding shares of MSTR, often seen as a leveraged proxy for bitcoin This article was written by Eamonn Sheridan at www.forexlive.com.

Crypto is adding to its gains.Its been sideways since January but the news for it has improved since April. Reports just now of fresh Bitcoin buying from El Salvador by the folks at Zero Hedge, the country is a keen adopter of BTC. This article was written by Eamonn Sheridan at www.forexlive.com.

Risk assets are running today and crypto is flying. Bitcoin is up 4.7% to $101K in the first break above that level since early February. Ethereum is up nearly 15%.The market likes what it heard about Trump's trade deal with the UK. The President was also upbeat on talks with China and said they will be 'substantial' and advised people to buy stocks.That has the market thinking more good news will be coming on the weekend.Even without that, bitcoin has shown some impressive resilience lately and that built the foundation for the recent rally. Another interesting development today relates back to this tweet from March.The tweet caused a short-lived rally in those coins but later led to consternation and Trump hastily tweeted something else about including bitcoin and ETH as well.Politico today writes that a powerful lobbyist was behind the tweet.On a Sunday morning in early March, President Donald Trump greenlit a Truth Social post promoting a “Crypto Strategic Reserve.” Hours later, he felt like he’d been played.That weekend at Mar-a-Lago, an employee of the lobby shop run by Brian Ballard who was attending a donor event at the resort, had personally buttonholed the president and encouraged him multiple times to tout his desire to promote the industry. She even gave him a copy of a message she thought he should write.It was only after he posted that missive that Trump realized a company behind one of the tokens named in the post, Ripple Labs, was a Ballard client. He was furious and felt like he’d been used, according to two people familiar with the incident who were granted anonymity to speak candidly.“He is not welcome in anything anymore,” the president told associates at the White House that month, the people said, referring to Ballard.It's an interesting look at how things get done in the White House. This article was written by Adam Button at www.forexlive.com.

Crypto-media reporting:Arizona passes bill to establish Bitcoin reserve after vetoing separate crypto legislation Arizona has joined New Hampshire in embracing BitcoinGovernor Hobbs signed a bill creating a Bitcoin and Digital Assets Reserve Fund The reserve fund will oversee digital assets, preventing Bitcoin from being used for general fund transfers.---Bitcoin has hit its highest since February 21: This article was written by Eamonn Sheridan at www.forexlive.com.

On Tuesday, New Hampshire governor Ayotte igned the state's crypto reserve bill into law.New Hampshire is the first US state to allow its government to invest in cryptowill allow the state’s treasury to use funds to invest in cryptocurrencies with a market capitalization of more than $500 billion, eliminating many tokens and memecoinsMore here. Let's hope the power is used for good, not evil. Wow .... This article was written by Eamonn Sheridan at www.forexlive.com.

This info via a CNBC report:58 wallets have made over $10 million each from President Donald Trump's meme coin, totaling $1.1 billion in profits, blockchain analytics firm Chainalysis said. 764,000 wallets of mostly small holders have lost money on $TRUMP, according to the firm.Good work from the snake oil salesman. This article was written by Eamonn Sheridan at www.forexlive.com.

Coinbase with the mic drop:Every day, the Fed prints an average of $465 million. That's 26,000 shipping containers a year, created out of thin air. Maybe that's why the dollar loses value over time.And, there's more: This article was written by Eamonn Sheridan at www.forexlive.com.

Bitcoin Analysis and Prediction for Today – Bullish Momentum, Key Levels, and Order Flow InsightsBitcoin futures (MBT Micro Bitcoin Futures) are trading at $95,640 today, slightly above the day's Volume Weighted Average Price (VWAP) of $95,600. Recent sophisticated order-flow analysis—typically accessible only to institutional traders—highlights strong and increasing buying activity around crucial support zones. This suggests strong bullish potential for the current market session.What is Volume Profile and VWAP?Volume Profile visualizes the volume traded at specific price levels during a given timeframe. It helps traders identify areas of high activity (support and resistance) and reveals price levels where buyers or sellers were most active.VWAP (Volume Weighted Average Price) is a benchmark reflecting the average price at which trades have occurred throughout the day, adjusted for volume. VWAP provides insight into market sentiment, helping traders understand if the current price is favorable compared to the daily average.Understanding Order Flow DataOrder flow data provides valuable insights by revealing real-time buying and selling pressures. Analysis of Delta—a measure showing the net difference between buyer and seller volume—can indicate whether buyers or sellers are more aggressive, helping predict short-term market direction.Key Levels for Today's Bitcoin Futures TradingResistance Levels:Session’s POC (Point of Control): $95,790, representing today's area of highest trading volume.Today's Value Area High: $95,880, marking the upper edge of today’s fair-value zone.Next Bullish Target: $96,590 (Value Area High from April 25th), a critical bullish objective for further upside potential.Support Levels:Friday's VWAP (April 25th): $95,515Yesterday’s VWAP: $95,090Yesterday’s POC: $94,500Yesterday's Value Area Low: $94,180Critical Support Level: $93,620 (April 24th Value Area Low), representing the final defensive line for bullish sentiment.In-depth Volumetric and Technical InsightsDetailed order flow and volumetric analysis, combined with additional technical tools (Modified Schiff Pitchfork and Donchian Channels), further reinforce a bullish bias:Recent buyer activity has notably increased at critical lows, suggesting buyers are aggressively defending price support.Momentum indicators derived from order flow analysis confirm positive Delta changes, indicative of growing bullish strength.The cumulative Delta—an important measure of market sentiment—has shifted positively, strengthening the bullish narrative.Bitcoin Prediction Score at the Time of This Analysis Today: +4 (Moderate to Strong Bullish Outlook)The integrated prediction score provides traders with clear directional guidance, reflecting both price-action analysis and sophisticated volumetric insights. A score of +4 indicates moderate-to-strong bullish sentiment, suggesting traders and investors maintain a cautiously bullish stance.Strategic Levels & Psychological InsightsBeyond immediate resistance, traders should anticipate increased volatility around the $97,720 level (third upper VWAP standard deviation from two days ago), leading to significant activity. The psychological barrier at the $100,000 mark remains a critical level, likely to act as a magnet for price action, attracting market-maker liquidity and considerable trader attention.Risk Management StrategyTraders should closely monitor Bitcoin futures price action around the outlined support and resistance levels. A critical bearish reversal signal would be confirmed by two consecutive 30-minute candle closes below $93,620, prompting traders to reconsider their bullish outlook and potentially shift toward bearish strategies.Bitcoin Prediction for Today: Bottom LineToday’s comprehensive Bitcoin futures market analysis, enhanced by advanced order flow and volume profiling techniques, points toward sustained bullish momentum, contingent on holding key support. Traders should carefully manage positions around highlighted price levels and remain alert to confirmatory signals.Stay vigilant, trade responsibly, and manage risk appropriately based on the detailed analysis provided.Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always trade at your own risk.ForexLive.com is evolving into investingLive.com later this year. Traders and investors interested in detailed stock market insights can join our dedicated Telegram channel: investingLive Crypto This article was written by Itai Levitan at www.forexlive.com.

Yesterday was telling for bitcoin in a potential regime change. It rallied despite a poor day in the Nasdaq in a potential shift in a correlation that's dominated for the past two years.Today, that move has accelerated but it's come with a relief rally in risk assets. That's still a good sign and the technicals are suddenly looking much better but the test going forward is going to be how it performs when we get back to the 'sell America' trade. This article was written by Adam Button at www.forexlive.com.

Carious crypto media reported that:BlackRock bought 1000 BTC for its spot Bitcoin exchange-traded fund made from Coinbase Prime walletsBitcoin update: This article was written by Eamonn Sheridan at www.forexlive.com.

Bitcoin Futures Analysis – TradeCompass Levels for TodayCurrent Price: $82,000 Last Updated: April 10, 2025Bitcoin Futures have retraced around $2,000 from yesterday's high, with today's low sitting near $81,705, which also aligns with yesterday’s Point of Control (POC) and the April 3rd Value Area Low at $81,680. This area near $81,700 is key short-term support.If price fails to hold it and breaks below $81,550, the bearish path activates. On the upside, bulls need a sustained breakout above $83,750 to open fresh bullish potential.How to Use the TradeCompassWait for key thresholds to be crossed with sustained momentum (e.g., 15–30 minutes or more, depending on your timeframe).Between $81,700 and $83,000, expect potential range-based action—favorable for scalpers or tactical day traders.Beyond these zones, a directional move is more likely, and the full TradeCompass activates.Bearish Threshold: Below $81,550If support fails, here are the levels to consider for downside targets:$81,000 – Just above April 8th Value Area High$80,210 – Just above April 8th POC$79,650 – Just above April 7th Value Area High$78,990 – Near VWAP of April 9th$78,565 – In line with April 7th POC$77,610 – Just above April 7th Value Area LowThese targets offer tight technical clustering and should be treated as junctions for scaling out, not betting on full extensions.Bullish Threshold: Above $83,750This level sits above the current range and both today's and yesterday’s Value Area Highs, as well as above the April 4th VWAP. Once breached, a breakout path is opened for bulls with the following targets:$85,155 – Near April 4th high and 2nd Upper VWAP Deviation$85,950 – Very close to the April 2nd Value Area Low$86,465 – Near the VWAP of April 2nd$87,375 – Aligned with April 2nd POC$87,865 – In line with April 2nd Value Area High$89,050 – Near March 23rd Value Area HighReminder: April 2nd was a major macro event day due to tariff headlines from Trump, giving added weight to those levels.Pro Tip for Bitcoin Traders:Treat this tradeCompass as a tactical map — not a prediction.Key thresholds and junctions are liquidity hotspots where large players participate.Don’t chase; wait for your signal, then scale and manage risk like a pro.This is not financial advice. Trade at your own risk. Stay updated with crypto insights at ForexLive.com — and be ready as we transition to investingLive.com, bringing deeper futures, equities, and crypto coverage.Bonus for Crypto Traders: Join our free Telegram channel – investingLiveCrypto We share select crypto setups, opinions, and updates. It’s free. See you there. This article was written by Itai Levitan at www.forexlive.com.