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Cryptocurrency Live News & Updates : FET Maintains Key Support: Eyes on $1.03 and Beyond

Cryptocurrency Live News & Updates : FET Maintains Key Support: Eyes on $1.03 and Beyond

Time of India6 days ago
16 Jul 2025 | 11:55:11 PM IST
Fetch.ai is showing signs of bullish momentum after holding crucial support levels, with targets set at $1.03 and potentially $1.40 if the upward trend continues. In recent developments, Fetch.ai (FET) has demonstrated resilience by bouncing back from significant support zones, particularly the 0.618 Fibonacci retracement level. This rebound suggests a bullish trend, with potential targets at $1.03 and $1.40. Meanwhile, the U.S. House of Representatives has advanced procedural votes on key cryptocurrency legislation, including the GENIUS Act and the Anti-CBDC Act, setting the stage for formal debates later this week. In corporate news, Matador Technologies has unveiled a long-term strategy to significantly boost its Bitcoin holdings, aiming to acquire up to 6,000 Bitcoins by 2027. Additionally, Bitcoin strategy manager Chaitanya Jain expressed confidence in the company's ability to manage debt even if Bitcoin prices dip below $20,000, ensuring adequate collateral is maintained. Lastly, VCI Global Limited has announced its acquisition of a Malaysian fund management firm, planning to launch a Bitcoin fund aimed at institutional investors. These developments reflect a dynamic landscape in the cryptocurrency sector, highlighting both corporate strategies and legislative progress. Show more
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And thanks to its integrated DEX aggregator, the app fetches the best prices from over 330 decentralised exchanges and 30 the $BEST token unlocks even more perks like lower fees, early access to trending presales, exclusive airdrops, and the upcoming Best Card for cashback rewards. Plus, the 'Upcoming Tokens' feature gives users a front-row seat to new projects before they catch fire. Visit the $BEST presale Name: TOKEN6900 Email: info@ Name: Bitcoin Hyper Email: support@ Name: Snorter Bot Email: info@ Name: Best Wallet Email: Support@ *You must be at least 18 years old to access this Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. 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