Bithumb $43 Billion Bitcoin Blunder Triggers Political Backlash In South Korea
South Korean lawmakers are ramping up pressure on financial regulators after a system failure at Bithumb, the country’s largest cryptocurrency exchange, led to the accidental distribution of more than $43 billion worth of Bitcoin (BTC) earlier this month. The February 6 incident has triggered political scrutiny of both the exchange itself and the agencies responsible…
Saylor Makes Bold $1M Bitcoin Call — “It’s Zero Or A Million”
Markets are quiet and uneasy. Bitcoin prices have pulled back, and big holders are keeping a cool face while the charts wobble. Reports note that one outspoken investor frames the market in stark terms: it either fails completely or becomes far more valuable than people now imagine. Saylor’s Binary Bet According to Michael Saylor, Bitcoin…
Bitcoin Trades Below ETF Cost-Basis As MVRV Signals Mounting Pressure
The middle of January marked the continuation of an already struggling price action for Bitcoin, as it took on another sharp downtrend. Early into February, the flagship cryptocurrency seemed to be on a free-fall, even breaching important psychological price levels as it crashed. One of these levels is the cost basis of one of Bitcoin’s…
XRP Tipped As Central Bank Bridge Asset — Bigger Than Bitcoin?
A seasoned investor’s bold claim about XRP has reignited a common question in crypto markets: could a token built for fast settlement ever outgrow the original store-of-value? According to posts on X by longtime Bitcoin backer Pumpius, if central banks adopt a single on-chain bridge, XRP could eclipse Bitcoin “by magnitude.” On-Chain Tension And Policy…
Bitcoin Options Update: Market Panic Fades But Traders Remain Defensive – Details
Bearish sentiments continue to dominate the Bitcoin market as the premier cryptocurrency looks to record a fifth consecutive monthly loss. Presently, prices are consolidating beneath the $70,000 mark, as market bulls struggle to force a decisive breakout above the resistance zone. Amid this choppy price action, data from the Bitcoin options market shows that traders…
Bitcoin Liquidity Battles Heat Up As Demand Shows First Positive Print
Bitcoin remains range-bound as liquidity clears on both sides, keeping price action indecisive. After months of weakness, demand has finally turned positive, hinting that selling is easing and structural accumulation may be returning. BTC Stays Range-Bound Amid Active Liquidity Clearing Bitcoin remains locked in a range-bound state, characterized by a lack of directional commitment. Currently,…
Bitcoin Whale Profit-Taking Sees 7th Surge Since 2024 — What To Expect
As it stands, the premier cryptocurrency maintains its broader bearish structure, with its price struggling to overcome the $68,000 resistance over the past few days. However, an interesting on-chain development suggests that the Bitcoin price could likely see a relief soon, but only after a certain condition has been met. Realized Profits Show Warning Pattern…
Ethereum Price Looks Bullish, But Only On The Inverted Chart
Ethereum shows signs of strength, but the bullish picture only emerges on an inverted chart. On the standard view, the downtrend remains intact until key resistance is reclaimed, making the current optimism conditional. Inverted Structure Reinforces Ethereum Bearish HTF Outlook Presenting an inverted chart in a recent higher time frame (HTF). Mizer clarified that this…
Bitcoin Market Resets With 28% Deleveraging — What Next?
At the beginning of February, the price of Bitcoin tumbled to a new low not seen since US President Donald Trump got elected in November 2024. This downside volatility is believed to have been precipitated by the overleveraging in the BTC market at the time. According to the latest on-chain data, the Bitcoin derivatives market…