Bitcoin (BTC) fell below $94,000 on Friday, reaching its lowest point since early May and erasing over $1 trillion from the total crypto market valuation since October. This sharp drop has now led investors to question the depth of the current downturn, with a new analytical model suggesting a potential bear market floor of $74,000. […]
The cryptocurrency markets tumbled hard on Friday once again, with BTC leading the losses with a nosedive to under $94,000, which became a six-month low. Amid the overall uncertainty and market panic, reports emerged at one point claiming that the ultimate bitcoin bull – Michael Saylor – and his company had begun to sell off […]
Crypto exchange Coinbase has sharply criticized a group of major US banking associations after they urged federal regulators to ban merchant rewards, cashbacks, and discounts offered to customers who pay with stablecoins. The latter argued such perks amount to “indirect interest.” “Unamerican” Power Grab In a post on X, Coinbase chief policy officer Faryar Shirzad […]
Ethereum (ETH) slipped again on Thursday as 228,000 ETH options worth about $730 million expired, according to an update from Greeks.live. The token’s drop marks its third straight monthly decline, reflecting a market that has turned sharply negative as volatility expectations flare. A Market Under Pressure Greeks.live’s data revealed that 228,000 Ethereum options contracts expired […]
Ethereum has now broken back below the $3,200 mark after failing to hold the 100-day moving average. Despite the broader downtrend playing out over the past few weeks, the on-chain supply dynamic remains interesting. But technically, the buyers are losing ground fast as momentum shifts further in favor of the sellers. Technical Analysis By Shayan […]
Despite the positive developments on a macro front, such as the US government reopening, BTC’s quite unfavorable price actions continued in the past 12 hours or so as the asset plunged to a new multi-month low. The cryptocurrency stood above $107,000 just three days ago after Trump promised to send tariff checks of at least […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum is down 4% this week as the market remains bearish. The price continues to hold above the $3,000 support, but buyers appear absent, which may extend the downtrend. With sellers in control since the start of November, momentum […]
Ripple’s cross-border token has registered a substantial uptick over the past week, and many pro-XRP analysts expect the resurgence to continue in the near future. Several key factors, including the launch of the first spot XRP ETF in the United States, support the bullish expectations. New Peaks Coming in November? As CryptoPotato reported, Canary Capital’s […]
VeChain has issued a firm clarification denying recent allegations made in a report published by Bybit’s Lazarus Security Lab, which claimed that the blockchain includes a hidden feature allowing funds to be frozen. In a statement released on Thursday, VeChain categorically rejected the claims as “factually incorrect and reputationally damaging.” VeChain Slams Bybit’s Research Lab […]
Bitcoin (BTC) is positioning for its next potential upward move, fueled by a weakening U.S. dollar and a quiet accumulation of stablecoin buying power on exchanges. According to new on-chain data, the market is building a substantial liquidity reservoir, which, historically, has been a signal for prices going up significantly. Market Mechanics Point to Accumulation […]