Crypto’s latest drawdown hit the majors in size: bitcoin fell about 8.1% over the past 24 hours and is down roughly 29.5% over the past 30 days, while Ether dropped about 9.4% on the day and about 41.4% over the past month; XRP was off about 10.3% in 24 hours and roughly 42.7% over 30…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Bitcoin (BTC) extended its sharp sell‑off on Thursday, briefly falling below the $67,000 level and marking its lowest price since November 2024. The renewed pressure follows commentary from market analyst Hugo Crypto, who pointed to a recent report from investment bank Stifel outlining a notably bearish outlook for Bitcoin. Deeper Bitcoin Drawdown Ahead? According to…
Blockchain analytics firm Glassnode released a new report on Wednesday highlighting a growing list of warning signals for Bitcoin (BTC), as the market’s leading cryptocurrency slid back to the $72,000 level during the latest market downturn. The firm’s findings suggest that both structural and behavioral indicators are aligning around a more defensive market phase, raising…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Bitwise Chief Investment Officer Matt Hougan has released a new analysis of the current state of the crypto market, arguing that the industry has been firmly entrenched in a bear market for over a year. In a report shared on social media, Hougan stated that his research indicates the current downturn began as early as…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Changpeng Zhao has debunked four narratives that have been circulating on social media within the crypto community in recent days, ranging from a fabricated Polymarket screenshot to claims about Binance “dumping” Bitcoin. He argues that traders were stitching together on-chain observations and clipped quotes into conclusions that weren’t supported by the underlying facts. Former Binance…
Bitcoin’s (BTC) sharp sell‑off has intensified pressure on Strategy, the company formerly known as MicroStrategy, even as it continues to expand its already massive cryptocurrency holdings. On Monday, the firm disclosed another BTC purchase at a time when prices were sliding to levels not seen in almost a year. Strategy Adds Bitcoin During Market Sell‑Off…
Hyperliquid, the decentralized exchange (DEX) behind the HYPE token, surprised the market on Monday with a new product initiative that ran counter to the prevailing bearish sentiment across the crypto sector. As several major cryptocurrencies slipped below important technical levels, Hyperliquid’s native token jumped roughly 14% following the announcement, signaling renewed investor interest despite broader…