Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000

Brewing tensions between Israel and Iran have triggered global de-risking across risk-on assets, including Bitcoin (BTC). The top cryptocurrency by market cap is down 1.7% over the past 24 hours. That said, technical indicators still point toward a potential new all-time high (ATH) for BTC in the coming months. Bitcoin Tracing The ABCD Pattern According…

Read More

XRP Has A 70% Shot To Beat Bitcoin, Says Analyst

A fresh XRP/BTC chart released on 12 June by the market technician known as Dr. Cat has injected new controversy into one of crypto’s most stubborn trading pairs. The analyst, posting to X, argues that despite a bruising six-week slide, conditions still favour an eventual breakout for XRP that would leave Bitcoin lagging. He assigns…

Read More

Bitcoin Layer 2: Statechains

Bitcoin Magazine Bitcoin Layer 2: Statechains Statechains are an original second layer protocol originally developed by Ruben Somsen in 2018, depending on the eltoo (or LN Symmetry) proposal. In 2021 a variation of the original proposal, Mercury, was built by CommerceBlock. In 2024, a further iteration of the original Mercury scheme was built, Mercury Layer. …

Read More

Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

After a volatile but bullish start to June, Solana (SOL) is now facing strong selling pressure amid rising global uncertainty. The sudden escalation in the Middle East—triggered by Israel’s recent strike on Iran—has sparked market-wide volatility, prompting a flight to safety and a pullback across risk assets. Solana, which had been showing momentum alongside Bitcoin…

Read More