Chain News Today TheBitTimes.com

The Bitcoin price recorded a slight drop in the last 24 hours to trade at $99,180.82 as of 3:32 a.m. EST as some investors sell their holdings in the leading crypto.  The minor correction in the BTC price comes as Amazon shareholders push for the company to invest in Bitcoin. In a proposal shared by the National Center for Public Policy Research (NCPPR), the shareholders said a Bitcoin investment of just 5% of the company’s reserves can help maximize shareholder value over the long term. Bitcoin Price Enters Consolidation 4-hour chart for BTC/USDT (Source: TradingView) The Bitcoin price has consolidated between $98,544.33 and $101,980.49 in the last couple of days. Should buyers identify this period of sideways trading as a long opportunity, BTC might soon try to flip the resistance level at $101,980.49 into support. Thereafter, the crypto could have the technical platform needed to rise to the subsequent mark at $104,462.16. On the other hand, traders deciding to sell...

The Chill Guy price has soared 13% in the last 24 hours to trade at $0.4045 as of 3:30 a.m. EST on a 30% drop in trading volume to $507 million. Chill Guy Price Signals A Breakout Above The Consolidation Zone The CHILLGUY/USD pair, currently trading at $0.4070, shows signs of consolidation after a strong upward trend. The price is moving within a defined range, with support near $0.35 and resistance around $0.50, as indicated by the highlighted consolidation stage on the chart. This range-bound movement suggests that the market is taking a breather, potentially building up momentum for the next significant move. The 50-day Moving Average (SMA), at $0.4007, acts as a dynamic support level, aligning closely with the current price. This indicates that short-term momentum remains intact, with buyers stepping in at dips near this level. Meanwhile, the 200-day SMA, positioned at $0.2108, is far below the current price, reinforcing the overall bullish structure. CHILLGUY/USD Anal...