Key takeaways: A Q1 2025 fractal and oversold market conditions suggest BTC could consolidate before retesting the $98,000 to $100,000 zone. One analyst made a bold price prediction, suggesting that a rising wedge breakdown could open the door to a deeper correction, potentially reaching $30,000. Bitcoin (BTC) jumped after Nvidia Corp.’s stronger-than-expected revenue outlook helped…
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Key takeaways: A Bitwise analyst outlined the $84,000 to $73,000 region as the likely “max pain” capitulation range for Bitcoin. Cost-basis levels of BlackRock’s IBIT and Strategy’s BTC treasury could heavily influence liquidity flows. The worst-case scenario for BTC is a “fire-sale” level Bitwise European head of research, André Dragosch, said that Bitcoin’s “max pain”…
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The government of India may consider stablecoin regulations in its Economic Survey 2025-2026, while the Reserve Bank of India (RBI) takes a “cautious” approach to crypto and pushes for a central bank digital currency (CBDC), revealing a divergence in policy recommendations. The government will “present its case” for stablecoins in the annual report published by…
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Key takeaway: Bitcoin charts forecast further downside, but traders remain hopeful that a short squeeze to $98,000 will reverse the bearish trend. Bitcoin (BTC) has been trending down alongside the broader crypto market since Nov. 3, dropping to a six-month low of $88,267 on Thursday. With key economic data expected on Thursday and Friday, markets…
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Consulting company Cornerstone Research reported a significant drop in the number of enforcement actions implemented by the current leadership of the US Securities and Exchange Commission, compared to that under the previous administration. In a report released on Wednesday, Cornerstone reported that, under SEC Chair Paul Atkins, the number of enforcement actions against public companies…
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21Shares, a major crypto exchange-traded product (ETP) provider, is expanding its offerings in Europe with the launch of six more funds on Sweden’s stock exchange, Nasdaq Stockholm. 21Shares on Thursday announced the cross-listing of six additional products on Nasdaq Stockholm, including ETPs for Aave (AAVE), Cardano (ADA), Chainlink (LINK), Polkadot (DOT) and two crypto basket…
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Metaplanet is preparing another major capital raise through the issuance of its new Class B perpetual preferred shares to expand its Bitcoin-focused treasury strategy. According to filings submitted to the Tokyo Stock Exchange, the firm plans to issue 23.6 million Class B shares at 900 yen ($5.71) each, bringing the total raise to 21.2 billion…
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Owen Gunden, one of the richest early Bitcoin holders, has sold his entire Bitcoin position as retail investors flee the market and institutions continue increasing their share of spot Bitcoin exchange-traded funds. The wallet tagged as Owen Gunden by blockchain data platform Arkham transferred his last 2,499 Bitcoin (BTC) worth $228 million to cryptocurrency exchange…
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United States-listed spot Bitcoin exchange-traded funds (ETFs) broke a five-day outflow streak on Wednesday, recording $75.4 million in net inflows as Bitcoin reclaimed the $92,000 price point. Farside Investors data showed inflows led by BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in $60.6 million on Wednesday — still a far cry from offsetting its $523…
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The co-founders of privacy-focused Bitcoin wallet Samourai Wallet were sentenced to four and five years in prison Wednesday, setting an important precedent as privacy development makes a comeback in crypto. Keonne Rodriguez and William Lonergan Hill were sentenced on Wednesday for conspiring to operate an unlicensed money-transmitting business and for facilitating transactions involving criminal proceeds,…
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