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…
Will Strategy Liquidate Bitcoin Holdings? CEO Provides Concerning Clues
In a turbulent market marked by falling prices, Bitcoin (BTC) has once again dipped below the $85,000 threshold, driven by growing speculation that Strategy, formerly known as MicroStrategy, may be on the verge of selling some of its Bitcoin holdings. This intensified after a recent interview on the What Bitcoin Did podcast, during which Strategy…
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…
What’s Going On Behind The Scenes With XRP? Expert Answers
Conversations around XRP have grown louder in recent weeks as the cryptocurrency continues to trade around the $2.2 region while new Spot XRP ETFs continue to attract inflows across multiple issuers. One voice in the community has attempted to explain why the market is unusually calm despite rising institutional demand. An XRP enthusiast known as…
Bitcoin Price To Recover $100,000: BTIG Cites Key Reasons For Optimism
The Bitcoin price has recently stabilized above the $90,000 mark, sparking renewed optimism among bullish investors. Analysts at BTIG have suggested that this rebound could propel Bitcoin towards its ambitious target of $100,000. Bitcoin Price Positioned For ‘Reflex Rally’ Jonathan Krinsky, an analyst at BTIG, expressed confidence that the Bitcoin price is positioned for a…
30% Of Crypto Market Makers Got Wiped, Mike Novogratz Says
Galaxy Digital CEO Mike Novogratz says the October 10th crash in crypto was far more than a routine shakeout, claiming that roughly a third of market makers in parts of the ecosystem were effectively wiped out. “We had a flash crash and it did a lot of damage to the fabric of the market,” Novogratz…
Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings
Tether, the entity behind the world’s largest stablecoin by market capitalization, USDT, has experienced a downgrade in its rating by S&P Global. This decision, made public on Wednesday, stems from what the agency describes as “persistent gaps in disclosure” and a growing allocation of “high-risk assets” within Tether’s reserves. The assets highlighted include Bitcoin (BTC),…
Crypto Has Entered Late-Cycle Territory, Says Global Liquidity Veteran
Global liquidity specialist Michael Howell used an appearance on the Bankless podcast to deliver a clear, if uncomfortable, message for risk assets: the post-GFC “everything bubble” is ending as the global refinancing machine rolls over, and crypto is late in that cycle rather than at the start of a fresh one. Howell’s starting point is…