The likelihood of a Bitcoin correction to $70,000 has increased, but one analyst said the price drop would confirm a macroeconomic reset, rather than the start of a new bear market.
Bitcoin and altcoin rallies are being capped by heavy selling near the intraday range highs, leading some analysts to revise their end-of-year price estimates. What do technical charts say?
BNB Chain has introduced a stablecoin to enhance cross-chain liquidity. The token targets large-scale, high-volume usage across different sectors. Community buzzes as Binance founder CZ follows a new stablecoin named U. BNB Chain is planning a massive step into the stablecoin industry. The platform took it to X to introduce a new stablecoin set to launch soon. The new token aims to integrate liquidity across different applications while catering to high-volume, large-scale utility needs. While most existing stablecoins have payment […]
The $206 million IPO was heavily oversubscribed by both retail and international investors. Early trading was volatile, with shares dipping below the IPO price after an initial rise. The listing adds to a growing pipeline of crypto companies planning public market debuts in 2025. Hong Kong’s push to position itself as a global hub for regulated digital assets took a visible step forward this week as HashKey, the city’s largest cryptocurrency exchange, began trading on the Stock Exchange of Hong […]
US senators propose a joint task force to disrupt crypto scams nationwide. The proposal looks to boost coordination across agencies, law enforcement, and industry. The proposal targets rising fraud with better tools, data sharing, and reports. A new bipartisan effort in the US Senate aims to confront the rising tide of cryptocurrency scams by tightening federal coordination and sharpening enforcement tools. As digital assets gain wider use, US lawmakers say gaps in oversight have left consumers exposed to increasingly sophisticated […]
A large-scale investor has offloaded millions of ASTER tokens, absorbing a 22% loss within two weeks. ASTER price has dropped below key levels, signaling bearish short-term bias. Aster team calms supply-side worries by confirming no plans to sell unlocked tokens. The digital assets market remained deteriorated on Wednesday, with the global crypto market capitalization at $2.94 trillion after a 0.65% dip in the past 24 hours. Also, Bitcoin remained somewhat muted in the last day after the recent decline, changing […]
BitMine buys $140M in ETH, boosting its treasury to nearly 4M ETH. US Bitcoin and Ethereum ETFs saw $582M in combined outflows. Ethereum trades near $2,950, capped by EMAs, with support at $2,900. Ethereum price forecast remains cautiously optimistic as the cryptocurrency struggles to maintain momentum, trading near $2,950 after slipping roughly 12% over the past week. While Ether has avoided a decisive breakdown, the broader market, including Bitcoin (BTC), shows signs of fatigue amid waning participation and cautious trading […]
Key takeaways HYPE is up by less than 1% and is trading at $27 per coin. The coin could reclaim the $30 psychological level amid plans to burn the assistance fund Hyperliquid looks to burn assistance funds HYPE, the native coin of the Hyperliquid DEX, is up by less than 1% in the last 24 hours, making it one of the best performers among the top 20 cryptocurrencies by market cap. The positive performance comes as Bitcoin, XRP, and Ether […]
Key takeaways BTC is up 1.5% in the last 24 hours and is now trading above $87k per coin. The performance comes despite the bearish sentiment in the broader crypto market. Bitcoin recaptures $87k The cryptocurrency market is bullish on Wednesday following a poor start to the week, with Bitcoin, Ether, and XRP currently in the green. The price action for the top three cryptocurrencies remains weak, but they could record temporary relief over the next few hours. Bitcoin, the […]
Analysts estimate forced outflows of up to $15 billion if passive funds are required to sell. Strategy accounts for nearly three-quarters of the impacted float-adjusted market capitalisation. MSCI’s final decision is due by Jan. 15, with possible implementation in February 2026. Crypto treasury companies could face heavy selling pressure if MSCI proceeds with a proposal to exclude them from its equity indexes. Campaigners and analysts warn that removal from widely tracked benchmarks could force passive funds to offload billions of […]