With crypto winter clearly set in, bulls are now left looking for signs that bearishness has become so embedded that a bottom may form. An example is a note from Canaccord’s Joseph Vafi on Wednesday, cutting his price target on Strategy (MSTR) by a whopping 61% to $185 from $474. Vafi, who raised his view […]
Canaccord cuts price target as stock falls to multi-year low Read More »
ProShares unveiled the first US-listed exchange-traded fund (ETF) designed to target the performance of the CoinDesk 20 Index, expanding options for investors seeking broad exposure to crypto markets. The CoinDesk 20 Crypto ETF (KRYP) is the first ETF linked to the benchmark of 20 of the largest and most liquid digital assets, ProShares said in
ProShares introduces the first CoinDesk 20 Crypto ETF under the ticker KRYP Read More »
Bitcoin BTC$76,073.52 mining stocks started 2026 on a strong note, supported by declining networking competition and fresh enthusiasm around high-performance computing (HPC), Wall Street bank JPMorgan said in Monday’s report. The bank noted that the 14 U.S.-listed bitcoin miners and data center operators it tracks ended last month with a combined market capitalization of $60
Bitcoin (BTC) Mining Stocks Rise in January Despite Softer BTC Prices: JPMorgan Read More »
Since the weekend slump, bitcoin BTC$76,059.89 the price has been capped between $70,000 and $79,999 for five consecutive days. That’s a remarkably long time for a streak in which the largest cryptocurrency has spent a relatively short period of time. In fact, bitcoin has spent about 35 days within this $10,000 bucket. Compared to other
BTC’s thinnest price zone between $70,000 and $80,000 Read More »
The crypto market is enjoying a rare period of calm after Tuesday’s selloff took bitcoin BTC$76,034.38 and ether ETH$2,254.48 to fresh multi-year lows. BTC recently traded at $76,100 after rising from $72,870, the lowest since November 2024, while ETH is at $2,255 after falling to a level not seen since last May. Both assets in
The tokenized version of silver has been flailing more wildly than bitcoin, resulting in huge losses for holders. Hedge fund manager Michael Burry, known for “The Big Short,” sees this as a vicious loop where falling prices force liquidations and drag it on further. Burry pointed to the same dynamic in a note this week,
“Big Short” Michael Burry marks “death spiral” after silver liquidations hit bitcoin Read More »
The hype surrounding cryptocurrency companies going public is waning because the markets are still considered insufficiently large for the traditional finance companies (TradFi) that have an increased interest in the industry. Fewer investors feel as confident as they did last year, according to a report by the influential CfC St. Moritz, Switzerland crypto conference, which
Crypto’s wealthy investors and industry leaders see IPO hype fading in 2026 Read More »
Crypto press release distribution services have become a tool for dubious projects to bypass third-party controls and create the illusion of legitimacy, a new report from Chainstory shows. The researchers reviewed 2,893 publications sent out between June and November last year. They found that more than 60% came from projects with “classic red flags,” such
Over 60% of crypto press releases are linked to high-risk or scam projects, study shows Read More »
Tether has quietly backed away from plans to raise as much as $20 billion in fresh capital after facing investor opposition to a proposed valuation that would rank the stablecoin issuer among the world’s most valuable private companies, according to an FT report on Wednesday. The company, which issues the USDT stablecoin with over $185
Tether scales back $20bn funding ambitions after investor resistance: FT Read More »
Experienced traders use a lot of tools to analyze markets. The Relative Strength Index (RSI) is one of the most popular that sniffs out trend strength and momentum extremes. Right now, the RSI is signaling that bitcoin is oversold, suggesting that the recent selloff has been too intense and that prices may see a relief
Bitcoin’s ‘RSI’ screams oversold. Here’s what that means Read More »
