News

Bitcoin Price Falls Below $92,000 as Crypto Sentiment Index Hits Low

Bitcoin price has declined to $91,380 amid selling pressure. The Crypto Fear and Greed Index fell 19 points to 50, marking its lowest level since...

UK Treasury Confirms Crypto Staking Exempt from Collective Investment Scheme Regulations

The UK Treasury has amended the Financial Services and Markets Act 2000 to clarify that crypto staking is not classified as a “Collective Investment...

Ethereum Price Drops Below $3,300 as Analysts Predict $7,000 Target

Ethereum (ETH) has corrected over 10% from New Year highs, falling below the $3,300 support. Analysts express optimism for Q1 performance despite...

Crypto Market Cap Drops 5.35% as Bitcoin Nears $90,000

The total cryptocurrency market capitalization has decreased by 5.35%, currently standing at $3.24 trillion, with Bitcoin trading at approximately...

Dogecoin Shows Potential for Gains as Cardano Drives Market Recovery

Weakness in Bitcoin has shifted focus to other cryptocurrencies, including Solana's SOL and memecoin Dogecoin. Key points include: ...

EU's MiCA Regulations Expected to Strengthen Euro Denominated Stablecoins

The EU's MiCA regulations, effective December 30, are expected to enhance euro-denominated stablecoins, according to JPMorgan. Key points include: ...

Bitcoin Spent Output Profit Ratio Signals Potential Buying Opportunity

Recent economic data and profit-taking have impacted a bitcoin (BTC) rally, but on-chain metrics suggest current price levels may present a buying...

Bitcoin Funding Rates Turn Negative, Indicating Potential Local Price Bottom

Bitcoin (BTC) remains between $90,000 and $100,000, with investor sentiment shifting based on price movements. Key points include: Bitcoin hasn't...

U.S.-Listed Bitcoin Miners Represent 25.3% of Global Network in December

U.S.-listed bitcoin miners held 25.3% of the global network as of December, according to Jefferies. Key Points: Jefferies reduced MARA Holdings'...

Bitcoin Accumulation Trend Score Falls to 0.21 as Selling Increases

Recent on-chain data indicates a decline in the Bitcoin Accumulation Trend Score, signaling increased selling among investors. The current score is...

Bitcoin Price Recovers Above $94,000 Amid Market Concerns

Bitcoin's price has recovered above $94,000 after dipping to around $91,300. Raoul Pal suggests further recovery is likely despite concerns over the...

$2.6 Billion Token Unlock Events Scheduled for January 13-19

In mid-January 2025, over $2.6 billion in cryptocurrency tokens will be unlocked, impacting market dynamics significantly. Key events include: Ondo...

Survey Reveals 22% of Advisors Allocated Crypto to Clients in 2024

A survey by Bitwise indicates increasing interest in cryptocurrency among US financial advisors. Key findings include: 56% of advisors are...

UK Court Dismisses Lawsuit to Recover $770M Bitcoin from Landfill

A UK court has ruled against James Howells in his attempt to recover a hard drive containing 8,000 Bitcoin from a Newport landfill. The ruling was...

Senate Banking Committee to Establish First-Ever Crypto Subcommittee

The U.S. Senate Banking Committee plans to establish its first subcommittee focused on cryptocurrency, led by Senator Tim Scott. Key points...

Standard Chartered Receives License for Digital Asset Custody in Luxembourg

Standard Chartered has secured a license in Luxembourg to provide digital asset custody services across the EU, aligning with the new Markets in...

Circle Donates $1 Million to Trump Inaugural Fund Amid Industry Support

Circle has donated $1 million in USDC to the inaugural fund for President Donald Trump and Vice President-elect J.D. Vance, signaling support...

UK Judge Dismisses James Howells' $770M Bitcoin Landfill Case

A UK judge has dismissed James Howells' legal case to access a landfill containing a hard drive with over $770 million in Bitcoin. This ruling...

China's Central Bank Stops Bond Purchases to Support Yuan

China's central bank is taking measures to support the yuan amid its depreciation, which may benefit bitcoin. Key points include: The People's...

Bitcoin Market Faces Bearish Sentiment Amid Price Corrections

Bitcoin has started the year with bearish sentiment, showing limited upward movement. Insights from analyst Avocado Onchain highlight several...

Bitcoin Market Shows Seller Dominance Amid Rising Buyer Interest

The current bitcoin (BTC) market displays a seller-dominant, bearish sentiment, with trading data indicating a shift from an upward to a downward...

Bitcoin Projected to Reach $1.5 Million by 2035 According to Analyst

Bitcoin (BTC) is currently trading in the low $90,000 range, with analysts divided on its potential for further decline before a rebound. Long-term...

Dogecoin Price Declines Below $0.350 Amid Bearish Trend

Dogecoin (DOGE) is experiencing a decline, trading below key resistance levels and facing potential further losses. DOGE has fallen below...

Shiba Inu Burn Rate Surges 4,100% Amid Increased Whale Activity

Investor interest in Shiba Inu (SHIB) has increased due to a 4,100% rise in its burn rate, leading to the removal of nearly 21.7 million SHIB...

XRP Price Holds Above $2.20 Amid Market Pressure

XRP Price Overview XRP maintains support above $2.20 amid Bitcoin pressure. Price consolidating in a range, currently below $2.350 and the...

Bitcoin Miners Struggle Amid Increased Selling Pressure and Price Drop

Bitcoin's price has fallen below $95,000, leading to increased selling pressure among miners. Analysts highlight the precarious situation miners...

Ethereum Price Declines Below $3,300 as Resistance Holds Firm

Ethereum Price Update Ethereum is facing resistance below $3,400 and is currently trading under $3,350. A decline occurred after failing to...

Bitcoin Price Falls Below $93,500 Amid Ongoing Decline

Bitcoin price dropped below $93,500 and faces challenges in recovering above $95,000. Bitcoin declined from the $95,500 resistance zone. The...

Bitcoin Faces Support Levels Between $86K and $89K

Bitcoin has experienced significant selling pressure since Tuesday, dropping from above $100K to a low of $92,500. This decline has raised caution...

Bitcoin Must Rise to $99,300 to Enter 'Extreme Euphoria' Zone

Glassnode's latest analysis highlights Bitcoin's current positioning within the Market Value to Realized Value (MVRV) Pricing Bands, indicating that...