TRENDING:

XAU/USD

Silver

Bitcoin price analysis: BTC/USD is back below $9,000 as Google builds its own blockchain-based technology

Google wants to keep up the pace with technology innovations.
BTC/USD retreats below the pivotal, consolidation phase is in store.

Tanya Abrosimova Independent Analyst

Alphabet Inc, the company behind Google, don't want to show cryptocurrency and ICO related advertisements on the search engine result pages, but it is eager to embrace the innovative technology behind the digital assets.

The company is building its own distributed ledger that can be used by third parties to verify transactions, according to sources that shared their insights with Bloomberg.

The spokesperson of the media giant confirmed the fact but refused to go into details about the project.

“Like many new technologies, we have individuals in various teams exploring potential uses of blockchain but it’s way too early for us to speculate about any possible uses or plans,” a Google spokesman said.

Meanwhile, Alphabet Inc has already invested heavily in fintech startups, including wallet service Blockchain Luxembourg, Ripple Network, LedgerX, and Veem.

Bitcoin price technical picture

Bitcoin's upside is limited by 200-DMA and $9,200 and the upper line of Andrew's pitchfork. The bulls won't be able to clear that area without additional stimulus as the upside momentum triggered by mildly positive G20 outcome is fading away. The ultimate resistance for BTC/USD is produced by $10,000 and $10,266 (50% Fibonacci retracement).

On the downside, the price is supported by 50-SMA (hourly interval) at $8,800 with stronger support area $8,400-$8,300, which is likely to limit the downside.

BTC/USD, the daily chart

BTC/USD, the hourly chart

Author

Tanya Abrosimova

Independent Analyst

Injective token surges over 13% following the approval of the mainnet upgrade proposal

Injective price rallies over 13% on Thursday after the network confirmed the approval of its IIP-619 proposal. The green light for the mainnet upgrade has boosted traders’ sentiment, as the upgrade aims to scale Injective’s real-time Ethereum Virtual Machine architecture and enhance its capabilities to support next-generation payments.

Solana Price Forecast: SOL slips below $82 as hawkish Fed tone sparks risk-off sentiment

Solana is trading below $82 at the time of writing on Thursday after failing to break out of the upper consolidation range over the weekend. The Minutes from the Federal Open Market Committee on Wednesday kept interest rates unchanged, but a less dovish tone that followed dampened risk appetite and pressured risky assets.

Warren warns crypto bailout would enrich Trump family biz: Report

Senate Banking Committee ranking member Elizabeth Warren has reportedly sent a letter to Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell, urging them not to bail out “cryptocurrency billionaires” with taxpayer dollars.

Top Crypto Gainers: World Liberty Financial, Sky, and Cosmos confront major resistance

World Liberty Financial, Sky, and Cosmos rank among the top gainers over the last 24 hours but face critical overhead resistance levels. WLFI gained momentum at the World Liberty Forum, an invite-only conference held at Mar-a-Lago by US President Donald Trump’s family, while SKY and ATOM reversed off a crucial support level.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.