Bitcoin price falls below $94k as liquidations spike and ETFs bleed, is more downside coming?
Bitcoin price slid to its lowest level in over six months on Monday, weighed down by a wave of liquidations and ongoing outflows from its spot ETFs. According to data from crypto.news, the world’s largest crypto asset was trading around…...
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Correlation Shift: Bitcoin Mirrors US Tech Sector as Its Gold Link Weakens
Ever since its inception roughly 16 years ago, bitcoin’s fundamentals have been compared to gold due to some similarities, such as finite supply. BTC maxis went even further along the way, which was supported by TradFi experts and regulators who categorized the cryptocurrency as a commodity, just like gold....
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Cardano Founder Hoskinson Tells Crypto Traders To ‘Hold The Line’
Cardano founder Charles Hoskinson has responded to the latest market downturn with one of his most forceful defenses of crypto to date, urging investors not to panic-sell and portraying exits to fiat as a vote for a dystopian future. Speaking from Colorado in a video dated November 15, he...
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Japan to reclassify crypto assets as financial products and lower taxes
Regulators in Japan are planning to classify cryptocurrencies as “financial products” under the Financial Instruments and Exchange Act and introduce a tax overhaul for the sector. Per local media, Japan’s Financial Services Agency wants to reclassify 105 cryptocurrencies under the…...
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Bitcoin Just Entered ‘Structural’ Bear Market: What Does It Mean and What’s Next?
Bitcoin’s price dumped once again on Sunday afternoon to a new six-month low of $93,000. On the surface, the reasoning behind the latest crash is quite slim, as there aren’t any significant catalysts that can be blamed. However, the analysts from the Kobeissi Letter believe there’s a more profound...
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‘Fat-Finger’ Fail? Cardano Whale Torches $6M After Hitting Illiquid USDA Pool
The decision to route through an illiquid micro-cap stablecoin might go down as one of the year’s most costly errors....
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What Next for Crypto Bulls as ETH, XRP, SOL, ADA Drop 8–16% in a Week
Technically, bitcoin’s break below the monthly mid-range at $100,266 cleared a key liquidity shelf, exposing a fast-track slide into thinner regions. Near-term support sits at $93,000 to $95,000....
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Eric Trump Predicted Q4 Will Be ‘Unbelievable’ For Crypto: Here’s How It’s Going
Eric Trump, co-founder of American Bitcoin Corp. (NASDAQ:ABTC), predicted two months ago that the fourth quarter would be “unbelivable” for the cryptocurrency industry. Many people would agree that he was right, though not in the way he expected. The Prediction During a Sept. 26 interview, Trump stated that the...
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How Low Can The Bitcoin Price Go Before The Bleed Ends?
After breaking below the $100,000 level for the second time this month, the bears look to have taken full control of the Bitcoin price. The last week has been categorized by slow market movement, with Bitcoin chopping more sideways and then moving further down with each decision. At this...
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Market Memory Shaken: Bitcoin’s Bounce Zone Broken In Strategy-Like Bear Move
Bitcoin has fallen below a key support level, breaking a bullish pattern....
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