Strategy Assures Bondholders: Bitcoin Reserves Cover Debt Nearly 6x
Business intelligence firm Strategy (MSTR) has said that its Bitcoin (BTC) reserve is more than sufficient to cover its debt obligations. The company asserted that even if the flagship cryptocurrency’s price fell to its average purchase amount of $74,000, its holdings would still be valued at nearly six times...
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S&P downgrades USDT’s dollar peg rating to lowest score
S&P Global Ratings downgraded Tether’s USDt to its lowest stability rating, raising concerns over its dollar peg. Tether classified the report as “misleading.”...
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Price predictions 11/26: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, BCH, LINK
Bitcoin and select altcoins have started a recovery, but higher levels are likely to attract solid selling by the bears. Is $100,000 BTC’s next stop?...
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Tom Lee’s Shock Call Meets BitMine’s Supply Squeeze — Is ETH Set To Ignite?
Crypto traders are fixated on Tom Lee‘s latest shock call: Ethereum (CRYPTO: ETH) could plunge toward $2,500 in a capitulation flush before ripping into a Bitcoin (CRYPTO: BTC)-style supercycle run toward $7,000–$9,000. The timing, he argues, is measured in weeks, not years — a countdown that has electrified sentiment...
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Bitcoin Bounces Back To $90,000 As Ethereum, XRP, Dogecoin Rally Into Thanksgiving
Bitcoin pushed back towards the $90,000 mark on Wednesday, buoyed by Texas’ landmark Bitcoin ETF acquisition and Nasdaq’s move to expand Bitcoin ETF options trading. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $89,824.39 Ethereum (CRYPTO: ETH) $3,026.46 Solana (CRYPTO: SOL) $144.14 XRP (CRYPTO: XRP) $2.23 Dogecoin (CRYPTO: DOGE) $0.1558 Shiba...
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Bitcoin Whales Vs. Retail: BTC Markets Show Sharp Divergence In Long Bets From These Investors
Heightened volatility continues to hamper Bitcoin’s price, which is currently hovering around the $86,000 threshold after falling from its all-time high. During this prolonged period of bearish price action, there has been an increase in long bets among investors, especially large holders, also known as whales. Whale Dominates Bitcoin...
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XRP Rebounds Above $2.20: Does Technical Analysis Support A Rally?
XRP (CRYPTO: XRP) rebounded 2% after tagging an important support level, with derivatives traders trying to push the price higher. Bulls Defend Long-Term Trendline Support Price Prediction of XRP as of November 26th (Source: TradingView) The rebound carried price back above the 20 EMA at $2.20, confirming that short-term...
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Peter Schiff Says Bitcoin, Ethereum Treasury Companies Have ‘No Viable Business Model’
Peter Schiff is once again sounding the alarm, this time warning that companies using Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) as corporate treasury strategies are ultimately doomed. What Happened: Speaking on Schwab Network, Schiff argued that Strategy’s (NASDAQ:MSTR) Bitcoin-leveraged model is structurally unsound. He said the company generates...
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Tether fires back at S&P after USDT downgraded to weakest score
Tether responds to S&Ps downgrade of USDT, citing $135B in Treasuries, $13B profit, and critical use in global payments. The post Tether fires back at S&P after USDT downgraded to weakest score appeared first on Crypto Briefing....
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Ethereum (ETH) Setup Hints at $10K Move If This Key Support Holds
Ethereum is trading around $2,900, with a 24-hour volume above $22 billion, based on data from CoinGecko. The asset has dropped about 6% over the past week but is slightly up over the last day. Market attention is now on whether it can hold its recent support and continue...
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