Crypto Market Dips: The Reasons Behind Bitcoin Plunge Below $90,000 Despite FOMC Optimism
On Thursday, Bitcoin (BTC) once again fell below the critical $90,000 mark, even after what many had anticipated to be a bullish event stemming from the US Federal Reserve’s (Fed) decision to cut rates by a quarter point. Analysts from Bull Theory note several factors contributing to this unexpected downturn. Bitcoin Sell-Off Amid Market Unease…
Strategy Calls For Withdrawal Of MSCI’s Exclusion Plan For Digital Asset Treasury Companies
Strategy, formerly known as MicroStrategy, has expressed strong opposition to a proposal by the Morgan Stanley Capital International (MSCI) to exclude digital asset treasury companies (DATs) from its indexes. Calls For Fair Treatment Of Digital Asset Companies In a recent letter signed by Michael Saylor and the firm’s CEO Phong Le, Strategy highlighted its support…
Expert Declares Bitcoin Has Reached Midpoint Of Bear Cycle: What Lies Ahead?
During what many anticipated would be the year of a major Bitcoin (BTC) bull run, market expert Axel Adler has revealed that the leading cryptocurrency finds itself at the midpoint of a bear cycle. A Mild Bear Cycle Compared To History As of now, Bitcoin has recorded a modest year-to-date decline of 4%. However, the…
Altcoins Struggle, But Technical Analysis Says A Major Opportunity Is Forming
The latest market conditions have pushed hopes of an altcoin season even further out of reach. Bitcoin continues to dominate the market with a 59.6% share, and its recent struggle to hold bullish momentum has not translated into any meaningful boost for altcoins. Broader sentiment has weakened as well, with the CMC Altcoin Season Index…
Dogecoin’s Dozen Years: King Of Meme Coins Marks 12th Birthday In Rough Markets
Dogecoin has just celebrated its 12th anniversary, a milestone that arrives during a period of shaky price action. The meme coin has spent the majority of recent days trading with a bearish tone, but its anniversary places into perspective how much the crypto environment has changed since the token’s joke-related launch in 2013. The celebration…
Forget Bitcoin, The Uber-Wealthy Are Now Rapidly Buying XRP: CEO
Jake Claver, CEO of Digital Ascension Group, says ultra-wealthy families are rapidly accumulating XRP, and he believes most XRP holders still don’t realize how rare their position is. In a video posted on X, Claver revealed that his firm has been in recent conversations with large family offices that are now making significant allocations into…
Bitcoin Price Faces Potential 60% Decline As Expert Warns Of ‘Major Bull Trap’
Despite the Bitcoin price recovery above the crucial $90,000 threshold—a level that has historically served as a supportive floor for the cryptocurrency—the market is exhibiting signs that a further correction may be imminent. Bitcoin Price Recovery At Risk? Market expert Rekt Fencer recently shared insights on social media platform X, formerly known as Twitter, suggesting…
Bitcoin Bull Run Set To Last Until 2027, Analysts Highlight Influential Factors
Many in the crypto space have echoed a familiar sentiment over recent months: “The four-year crypto market cycle is dead.” Experts from the Bull Theory assert that while the four-year cycle may have come to an end, the Bitcoin bull run itself is merely delayed and could stretch until 2027. Why The Four-Year Cycle May…
XRP Price At A Critical Turning Point: Analyst Maps Out Simple Rules For Breakout
The monthly XRP chart has entered one of its most decisive phases in years, and one of the asset’s most vocal analysts is laying out a blunt roadmap. Egrag Crypto, known for his long-standing bullish stance on XRP, released a new technical update that breaks down the future outlook for the cryptocurrency into three straightforward…
Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers
South Korea’s largest cryptocurrency exchange, Upbit, is currently under scrutiny by regulators following a significant hack that led to the unauthorized withdrawal of approximately $36.9 million in assets on the Solana (SOL) network. The breach impacted over 20 different tokens and has prompted Upbit to freeze assets on its platform while an investigation unfolds. Lazarus…