Key takeaways: Older Bitcoin whales are selling heavily, spending over 1,000 BTC/hour in 2025. Bitcoin’s bear pennant pattern projects a potential drop to $89,600. Bitcoin (BTC) was at risk of further losses as the oldest whales continued to spend their BTC stash. Capriole Investments co-founder Charles Edwards said that “super whales are cashing out of…
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Faruk Fatih Özer was found dead in his prison cell on Nov. 1. The former CEO of now-defunct crypto exchange Thodex was serving an 11,000-year sentence for running one of the largest crypto scams in history. His death marks the latest turn in the Thodex saga, with ripple effects so significant they altered Turkish cryptocurrency…
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Opinion by: Saad Naja, Founder and CEO at PiP World While the world debates whether AI is the next dot-com bubble, chasing valuations rather than implications, they’re missing the underlying innovation story. The same AI infrastructure fueling trillion-dollar bets is already rewriting how money moves. AI is no longer an investment theme. It’s the market…
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A New York jury was unable to reach a verdict in the case of Anton and James Peraire-Bueno, the MIT-educated brothers accused of fraud and money laundering related to a 2023 exploit of the Ethereum blockchain that resulted in the removal of $25 million in digital assets. In a Friday ruling, US District Judge Jessica…
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Bitcoin reaching a quarter of a million dollars this year may be more trouble than its worth, according to a macro analyst. “One of the worst things that could happen is Bitcoin shoots up to $250,000, and the S&P to 8,000 in like a 3-month period,” macro analyst and investor Mel Mattison told crypto entrepreneur…
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Some traders who are warning about an upcoming Bitcoin correction might be driven more by self-interest than by an unbiased view of the market, according to a Bitcoin analyst. “If you sold, you really want lower prices,” Bitcoin analyst PlanC said on the Mr. M Podcast published to YouTube on Friday, reiterating that those who’ve…
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Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of…
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Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has…
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Defense attorneys reportedly requested a mistrial as jurors said they weren’t close to reaching a verdict in the case involving a $25 million Ethereum exploit. Source link
Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a…
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