This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$95,363.45 has gone the “Strategy (MSTR) way”, falling below a key support to shatter the memory traders had of this level as a reliable bounce zone. The leading cryptocurrency by market capitalization fell nearly 10% in the seven days […]
Bitcoin’s Bounce Zone Shattered, Echoes Strategy’s (MSTR) downtrend Read More »
Bitcoin Price Today: Drops Below $94,000 as Fed Tapering Hopes Fade
Bitcoin Price Today: Drops Below $94,000 as Fed Tapering Hopes Fade Read More »
The strategy’s leveraged bitcoin approach came under fresh scrutiny Sunday as critics questioned whether Michael Saylor’s firm can withstand prolonged market stress. Among the most vocal was longtime Bitcoin opponent Peter Schiff, who is chairman of Schiff Gold and serves as global chief strategist at Euro Pacific Asset Management. In a series of posts on
Arca CIO hits back at critics of Michael Saylor’s Bitcoin Playbook Read More »
Ether ETH$3,061.15 traded below $3,100 on Sunday amid a broader pullback in digital assets. The token was recently close to $3,066 at 21:36 UTC, down 3.4% over the last 24 hours. It briefly fell through the $3,100 level on Bitstamp around 16 UTC, marking its first break below that threshold since Nov. 4, based on
Investment manager says market views ETH “riskier” than BTC Read More »
Bitcoin fell to its lowest level since May on Sunday before paring some losses as sentiment across the crypto market remained locked in extreme fear. The Crypto Fear & Greed Index stood at 10, in its extreme fear band, after already sitting at the same level on Saturday. Bitcoin BTC$94,202.85 traded around $95,087 at 18:20
BTC Drops Below $94K; Saylor Teases ‘Big Week’; Analyst eyes $83.5K Read More »
Tornado Cash developer Roman Storm’s trial followed the law and the judge overseeing his case should not consider acquitting him of all charges, federal prosecutors said. In a post-trial filing dated last Wednesday, lawyers from the Justice Department’s office in the Southern District of New York pushed back against Storm’s acquittal motion, saying they had
DOJ had enough evidence to convict Roman Storm, prosecutors say Read More »
Glassnode data shows that bitcoin’s “death cross,” a technical analysis term that can indicate a bearish signal, is imminent, but with a catch. Bitcoin’s 50-day moving average of $110,669 is now on the verge of slipping below the 200-day moving average of $110,459, potentially triggering the death cross. This crossover is widely seen in technical
On November 16, Tom Lee – executive chairman of BitMine Immersion Technologies (BMNR), head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital – said in a post on X that ether is “beginning the same super cycle” that produced a 100x gain in bitcoin since his 2017 client recommendation. He
Tom Lee Says ETH Is Starting a Bitcoin-Style ‘Supercycle’ Read More »
Both major meme assets traded through high-velocity volatility windows, with Dogecoin rebounding strongly from a flush on heavy volume, while Shiba Inu broke key support before staging an aggressive intraday reversal. News background Broader crypto markets continued their risk-off rotation as sentiment remained weighed down by AI bubble concerns, $800m. in Bitcoin ETF outflows and
Dogecoin Recovers Trendline, Shiba Inu Tests Resistance Read More »
XRP faced intense selling pressure at key support levels before a dramatic V-shaped reversal with high volume signaled potential exhaustion of downward momentum. News background The decline played out against a background of mixed institutional signals and increased macro uncertainty. Crypto markets remain trapped in a medium-term downtrend, with sentiment anchored in fear zone, as
XRP Falls 4.3% Even After XRPC ETF Launches On Bitcoin Weakness, Finds Buyers Near $2.22 Read More »
