Bitcoin Creator Somehow Becomes ‘Poor’ By Losing $41 Billion Without Saying A Word
Bitcoin’s drop has knocked a huge chunk off the estimated wealth tied to its mysterious creator. Prices fell more than 30% from an October peak near $126,000 to around $85,500, and that slump has cut the value of the coins believed to belong to Satoshi Nakamoto by roughly $41 billion. Satoshi’s On-Chain Holdings Under Scrutiny…
XRP Price Spikes Over 10% With Traders Rushing Back Into the Rally
XRP price started a steady increase above $2.20. The price is now consolidating gains and might aim for another increase if it stays above the $2.180 level. XRP price started a fresh increase above the $2.120 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There was a break above…
Crypto Markets Underestimate A Trump-Style Flood Of Rate Cuts: Expert
Crypto markets are confronting a fast-moving repricing of US monetary policy expectations, and macro trader Alex Krüger argues that even after last week’s sharp dovish turn, futures curves still fail to discount what a Trump-aligned Federal Reserve leadership could look like. Fed Cut Mispricing Sets Up Crypto Repricing Event In a post on X, Krüger…
Dogecoin (DOGE) Hits Resistance, Recovery Momentum Shows First Signs of Fading
Dogecoin started a recovery wave above the $0.1420 zone against the US Dollar. DOGE is now facing hurdles near $0.1540 and might struggle to continue higher. DOGE price started a decent upward move above $0.140 and $0.1420. The price is trading above the $0.1450 level and the 100-hourly simple moving average. There is a bearish…
Top Analyst Sounds Alarm: Bitcoin Is Highly Unlikely To Spring Back Anytime Soon
Bitcoin is trading in a fragile state after slipping below $90,000 and now in the mid-$80,000s. This price action has caused some analysts to grapple with the possibility that the next major rally may be further away than many expect. A recent technical outlook from prominent crypto analyst Tony “The Bull” Severino adds weight to…
On-Chain Metric Tips Ethereum To Form Price Bottom Below $2,000 – Here’s Why
Ethereum has been a major victim of the ongoing crypto market onslaught, recording a 27.63% loss in the last month alone. The largest altcoin now trades around $2,800, representing a significant fall from the local cycle peak around $4,800. As prices continue to tumble with each new drop triggering waves of liquidation, analyst Ali Martinez…
Bitcoin Rapid Downturn Triggered By Excessive Long Positions — Expert Weighs In
According to the latest on-chain data, investors have been excessively betting on the Bitcoin price in recent weeks, leading to its overall struggles. Longs Vs Shorts Imbalance — How This Induced Price Crash In a November 22 post on social media platform X, Alphractal CEO and founder Joao Wedson revealed the underlying dynamics behind Bitcoin’s…
Bitcoin Local Bottom To Fall Between These Two Levels – Analyst
The Bitcoin market remains in a prolonged correction phase, registering a 10.4% price drop in the last seven days. As multiple analysts attempt to chart the asset’s price trajectory amid this volatile period, recent on-chain data have revealed potential local bottom targets. $55,900 Or $44,700 – How Low Can Bitcoin Go? In an X post…
Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers
After days of intense bearish action, the price of Bitcoin appears to be entering a calmer state, as it recovers above the $86,000 level. The latest on-chain data shows that several investors tried to take some profit in the past week, providing a basis for the premier cryptocurrency registering a double-digit loss. Bitcoin Exchange Inflow…
Bitcoin Veterans Cashing Out Could Trigger Deeper Losses, Schiff Claims
Bitcoin has tumbled more than 30% from its all-time high of $126k and is trading around $85,500 after briefly falling to $82K, according to market reports. Traders warn that recent moves by long-term holders are changing how the market reacts to stress. Liquidity has thinned, and that makes price swings larger than usual. Schiff Issues…