Business

As East Asia is preparing to close down to Lunar New Year’s holiday and look against the Snake year, it’s time to look back on Bitcoin (BTC) and Coindesk 20 (CD20 )’s performance during the dragon. Hong Kong-based broker CLSA has an annual tradition of predicting the market’s performance in the coming year based on […]

By Omkar Godbole (All times ET unless otherwise noted) Last week we described bitcoin above $100,000 as a coiled spring ready to release energy in both directions. Unfortunately for the bulls, this energy is being released to the downside as market sentiment shifts in response to concerns over the impact of low-cost Chinese AI startup

Bitcoin (BTC) fell just below $98,000, down nearly 10% from all-time highs, with investors questioning the continuation of the bull run. The decline was attributed to concerns about China’s DeepSeek Artificial Intelligence hyper-efficient model that competes with the US industry at a fraction of the cost. Since President Trump won the US election, bitcoin has

Bitcoin (BTC) market sentiment has turned bearish, with Wall Street’s tech-heavy Nasdaq futures trading 700 points lower. The risk aversion is fueled by concerns that cost-effective Chinese artificial intelligence startup DeepSeek could significantly challenge US technological dominance. Bitcoin’s perpetual futures funding rates, periodic payments made between long and short positions in perpetual futures contracts, have

Pakinomist– Bitcoin fell on Monday, tracking a broader decline in equity markets, as tariff threats from U.S. President Donald Trump rattled risk appetite, while tech stocks were jittered by a disruptive new artificial intelligence offering from China. Bitcoin remained under pressure from lingering uncertainty about what Trump’s policies will mean for crypto after the president

Bitcoin (BTC) miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) were initiated with an outperform rating by KBW, the investment bank said in a report on Monday. The three bitcoin mining companies offer varying degrees of exposure to the largest cryptocurrency, the bank said. Bitdeer offers diverse exposure to a bitcoin mining business

Pakinomist – XRP traded with $ 2,8191 of 02:15 (07:15 GMT) on the investing.com index Monday, down 10.01% a day. It was the biggest loss in a day since December 18, 2024. The move downhill pushed XRP’s market capital down to $ 164,9373b, or 4.89% of the total market capitalcap for cryptocurrency. At its highest,

Bitcoin (BTC) could fall to $ 75,000 if it triggers a so -called ‘double top’ bearish turning pattern. A double top includes two consecutive tops at about the same price, with a trend line drawn through the low point between these tops. The lack of breaking over the previous top, followed by a subsequent fall,

Hong Kong, Hong Kong, 27 January 2025, Pakinomist The Aptos Foundation proudly announces the establishment of Move makerits official community organization. Co-initiated by Ankaa and BlockBoosterMovemaker is dedicated to promoting and building the Aptos ecosystem in the Chinese-speaking region. By integrating resources, strengthening communities and providing technical support, Movemaker aims to accelerate the adoption and

Bullish bets on higher crypto prices lost $770 million in the past 24 hours as bitcoin fell below $100,000, prompting some majors to quickly lose momentum in a bloody start to the week. Solana’s SOL and dogecoin (DOGE) fell more than 10% to lead losses among the majors, while ether (ETH), BNB Chain’s bnb, xrp