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Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin Price Unlikely To See A 77% Drawdown Again – Bitwise CIO

The Bitcoin price has been on one of its worst runs in recent years, falling by double digits over the past week. While the premier cryptocurrency seems to be recovering well over the past day, the single-day 14% correction — on Thursday, February 5 — is an occurrence that has instilled fear in the ...
Sat, Feb 7

Bitcoin Remains Under Pressure — On-Chain Data Reveals Why

Over the past week, Bitcoin has been experiencing an intense movement as prices slid sharply from around $84,000 to around $60,000, representing one of the largest weekly declines in the present market. Currently, based on live market data, Bitcoin’s price has rebounded slightly to around $70,000, i...
Sat, Feb 7

Crypto Traders In Vietnam Face New 0.1% Levy As Tax Rules Tighten

Vietnam’s crypto scene is about to face a new tax check. Reports say the Ministry of Finance has floated a draft that would charge a 0.1% levy on each crypto trade or transfer that passes through licensed platforms. Related Reading: Tether Bets Big On Gold With $150 Million Investment In Gold.com Th...
Sat, Feb 7

Bithumb Issues Statement Over Reward Payment Error – Details

Korean exchange Bithumb has cleared the air over an internal error that credited certain user wallets with a “concerning” amount of BTC. Notably, this mishap resulted in significant price volatility on the exchange, drawing attention from observing crypto enthusiasts. Related Reading: Bitcoin’s Bigg...
Sat, Feb 7

China Steps Up Crypto Crackdown, Blocks Domestic And Overseas Issuers

China has signaled a renewed and more forceful push to tighten its grip on the cryptocurrency sector, reaffirming its long‑standing ban on virtual currencies while introducing stricter oversight of offshore token issuance tied to Chinese assets. According to a Reuters report, Chinese authorities sai...
Sat, Feb 7

Bitcoin Miners Set To See Major Relief: 13% Difficulty Ease Coming

The Bitcoin mining Difficulty is set to see a significant reduction on Saturday, owing to the Hashrate disruption caused by the US snow storm. Bitcoin Difficulty Is Estimated To Go Down 13% During The Next Adjustment The Bitcoin “Difficulty” is a metric built into the blockchain that con...
Sat, Feb 7

Russia’s Largest Bank To Offer Crypto-Backed Loans For Corporate Clients – Report

As Russia moves to establish a comprehensive digital assets framework this year, the country’s largest bank is reportedly planning to issue crypto-backed loans to corporate clients following a successful pilot conducted in December. Related Reading: Crypto Firms Propose Key Stablecoin Concessions To...
Sat, Feb 7

Ethereum Faces Liquidation Zones: Large Holders Cluster Risk Levels Between $1,700 And $1,000

Ethereum has slipped below the critical $2,000 level, reinforcing a broader bearish market structure as selling pressure intensifies across the crypto sector. The breakdown comes amid weakening macro sentiment, persistent outflows from risk assets, and declining confidence in short-term crypto deman...
Sat, Feb 7

Bitcoin Whale Inflows To Binance Hit Highest Level Since 2022: Distribution Or Repositioning?

Bitcoin is struggling to stabilize around the $65K level as persistent selling pressure continues to weigh on market sentiment. The recent decline has reinforced uncertainty among investors, with volatility increasing and liquidity conditions tightening across major trading venues. Against this back...
Sat, Feb 7

Metaplanet Pushes Ahead With Bitcoin Buying Amid Market Gloom

Metaplanet is pressing ahead with its plan to buy more Bitcoin even as the broader crypto market turns sour. Reports say the Tokyo-listed firm is keeping its target goals and moving to raise cash to support further purchases, a bet that has left the company with big paper losses but a steady, public...
Sat, Feb 7

Ethereum Free Fall Accelerates as Fidelity’s FETH Leads ETF Outflows and Key Support Levels Crack

Ethereum’s (ETH) latest downturn below $2,000 is no longer confined to price charts alone. Capital flows, on-chain data, and technical structure are now aligning with the bearish momentum, supporting concerns that the selloff may have further room to run. Related Reading: Bitcoin Price May Slide Tow...
Sat, Feb 7

Bitcoin’s Biggest Holders Pull Back, Control 68% Of Supply

Reports show a big reshuffle in Bitcoin holdings as price swings spooked some big wallets and invited smaller players back into the market. Related Reading: While Bitcoin And Ether Falter, XRP Optimism Stands Out: Analysts According to Santiment, wallets holding between 10 and 10,000 BTC — the so-ca...
Sat, Feb 7

Mining Stocks And Asian Markets Hit As Bitcoin Tumbles Under $65K

Bitcoin’s (BTC) slide below the $65,000 mark this week has rippled far beyond the crypto market, dragging down mining stocks and weighing on Asian equities already under pressure from a global tech sell-off. Related Reading: Bitcoin Price May Slide Toward $50,000 By March-April, Top Analyst Warns Th...
Sat, Feb 7

Ripple Unveils ‘Institutional DeFi’ Roadmap For The XRP Ledger

Ripple on Thursday published an “Institutional DeFi” roadmap for the XRP Ledger (XRPL), positioning XRP as a protocol-level settlement and liquidity primitive across payments, FX, collateral workflows, and on-ledger credit. The company’s pitch is straightforward: compliance tooling and asset-layer p...
Sat, Feb 7

Tether Bets Big On Gold With $150 Million Investment In Gold.com

Tether has put a big bet on bullion. Reports say the stablecoin issuer bought a roughly $150 million stake in Gold.com, taking about 12% of the shares at a price that undercuts recent trading. That move follows signals that both firms want to tie physical gold markets to digital tokens more closely....
Sat, Feb 7

The Massive Bitcoin Head & Shoulder Pattern That Could Point To The Next Big Trend

Bitcoin (BTC) has just formed a textbook inverse Head & Shoulders pattern, signaling the beginning of a potential shift in its market structure. Despite the broader market selloff that pushed the cryptocurrency below $70,000, a crypto analyst suggests that the newly formed pattern indicates that...
Fri, Feb 6

Ethereum Sees Aggressive Capitulation From Whales And Sharks, The Downtrend To Continue?

Ethereum’s price just lost the key support at the $2,000 mark after several weeks of steady downside pressure observed across the crypto market. While the price continues to decline, on-chain data attributes the drop to the ongoing substantial selling pressure from both big and small investors. Big ...
Fri, Feb 6

US Treasury Sec To Wall Street: If You Hate Crypto Rules, El Salvador Is Waiting

Treasury Secretary Scott Bessent put a spotlight on the growing rift between regulators and parts of the crypto industry this week, telling lawmakers that those who resist clear rules “should move to El Salvador.” Related Reading: While Bitcoin And Ether Falter, XRP Optimism Stands Out: Analysts The...
Fri, Feb 6

Analysts Warn Bitcoin May Face Further Downside After Major Sell‑Off

Bitcoin (BTC) has staged a modest rebound after suffering a sharp sell‑off over recent days, but market analysts warn that the underlying pressures driving the decline remain firmly in place. The world’s largest cryptocurrency plummeted momentarily to around $60,000 on Thursday, its lowest lev...
Fri, Feb 6

A Major XRP Ledger Win That Most Investors Might Have Missed

The XRP Ledger quietly crossed an important milestone this week. After weeks of waiting, the Permissioned Domains amendment has finally gone live. Validators reached the required 80% yes vote back in January, but as protocol rules demand, that consensus had to hold for two consecutive weeks before a...
Fri, Feb 6
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