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A 20%-30% Correction Is ‘The Most Bullish Thing’ That Could Happen To Bitcoin – Analyst
Bitcoin is navigating turbulent waters as its price continues to slide, searching for a stable support level amid growing uncertainty. The current downward momentum has sparked concerns among investors and analysts, with many questioning whether Bitcoin has reached its cycle top. Sentiment in the ma...
NewsBTC
Sat, Dec 28
Crypto Trading Volume Plunges 64% In The Past Week — What’s Happening?
There was a good level of optimism in the crypto market heading into the past week, with many investors speculating on a potential “Xmas Rally” for Bitcoin. While the premier cryptocurrency did make a play for the $100,000 mark on Christmas day, it didn’t take long for the bears to resume cont...
Bitcoinist
Sat, Dec 28
ProShares proposes Bitcoin hedge ETFs linked to S&P 500, Nasdaq 100, and gold
ProShares has submitted an application to launch Bitcoin hedge ETFs tied to the S&P 500, Nasdaq 100, and gold.
Cryptopolitan
Sat, Dec 28
2025 Crypto Forecast: Four-Year Cycle Points To Peak In Q2/Q4, Expert Advises Caution
As the market approaches the end of 2024, the crypto landscape is teeming with speculation and anticipation. A recent report from the data aggregator CoinGecko has provided a comprehensive analysis of what investors can expect in 2025. With the market experiencing a significant correction, many indu...
NewsBTC
Sat, Dec 28
Blockchain Association files lawsuit against IRS over its new DeFi regulations
The Blockchain Association has filed a lawsuit against the Internal Revenue Service (IRS) over its new regulations for the decentralized finance (DeFi) sector. The group is fighting against new IRS laws that will classify some protocols in the DeFi sector as brokers. The new regulation will mandate the protocols to give up user transaction details […]
Cryptopolitan
Sat, Dec 28
Are Bitcoin Holders Waking Up? Exchange Deposits Crash To Lowest Levels Since 2016
Bitcoin and the broader cryptocurrency market are grappling with a significant downturn, with the risk of a deeper correction looming. After reaching an all-time high of $108,300, Bitcoin’s momentum appears exhausted, and bearish sentiment has dominated the market. The pullback has left invest...
Bitcoinist
Sat, Dec 28
Wall Street banks race to cash in on the crypto bull run
Bitcoin’s price explosion this year has Wall Street scrambling like never before. The big banks, who once rolled their eyes at crypto and left it to the small fry, are now elbowing their way into the market. They see the dollar signs, and apparently, they’ve decided that reputation be damned. The fees are too good […]
Cryptopolitan
Sat, Dec 28
$630 in This Altcoin Could Reach $63,000 in the Next 100 Days & It Isn’t Solana (SOL) or Ripple (XRP)
A $630 investment in this emerging altcoin could soar to $63,000 in the next 100 days, according to analysts—and it’s not Solana (SOL) or Ripple (XRP). Lightchain AI (LCAI) is capturing attention with its groundbreaking innovations like Proof of Intelligence (PoI) and the Artificial Intelligence Virtual Machine (AIVM), seamlessly integrating AI with blockchain for unprecedented […]
Cryptopolitan
Sat, Dec 28
Nonprofit Encode files amicus brief to support Elon Musk’s fight against OpenAI
Nonprofit Encode has requested permission to file an amicus brief to support Elon Musk in his dispute with OpenAI. The billionaire CEO of Tesla has been in a long-standing battle with OpenAI, accusing the firm of going against its promises to investors. The SpaceX boss filed an injunction asking the court to block OpenAI’s transition […]
Cryptopolitan
Sat, Dec 28
Expert Perspective: Bitcoin’s Most Strategic Move Yet – 30% Correction To $65,000
As Bitcoin (BTC) hovers around $92,000 and the critical $100,000 resistance level, the cryptocurrency market is rife with speculation about its next movements. Prominent crypto analyst Ali Martinez recently outlined potential scenarios for BTC’s future, suggesting that a steep correction may b...
Bitcoinist
Sat, Dec 28
Is Bitcoin Ending 2024 On A High Note? Analysts Say This Level Is Key
As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTC’s price to new highs. Related Reading: Analyst Forecast ‘Highly Bullish’ 2025 For Ethere...
NewsBTC
Sat, Dec 28
Machine Learning Algorithm Predicts Double-Digit Crash For Dogecoin Price In January 2025
Coincodex’s machine learning (ML) algorithm has provided a bearish outlook for the Dogecoin price. The ML algorithm predicted that the meme coin would suffer a double-digit crash in January 2025. Related Reading: Bitcoin’s X Popularity Hits New Highs With 65% Growth In 2024 Dogecoin Price To Suffer ...
Bitcoinist
Sat, Dec 28
Gold set for unprecedented rally in 2025 as Bitcoin slows down
Gold started the year at $2014, having itself a wonderful year amid several highs before hitting $2,719 in late November.
Cryptopolitan
Sat, Dec 28
Galaxy Research Reveals Bitcoin, Ether And Dogecoin Price Projections In 2025 Crypto Forecast
Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Bitcoin On Track For $...
NewsBTC
Sat, Dec 28
Investors Beware: Hackers Target Crypto Users With New Zoom Meeting Scam – Report
A recent report warned about a new sophisticated phishing scam targeting unsuspected crypto users. The scheme involves fake Zoom meeting links to trick investors into downloading malicious software to steal their assets. Related Reading: Russian Companies Using Bitcoin For International Payments To ...
Bitcoinist
Sat, Dec 28
New IRS Rules Mandate Reporting For DeFi Brokers: What This Means For Crypto Transactions
In a significant development for the cryptocurrency landscape, the US Internal Revenue Service (IRS) has finalized regulations that will require decentralized finance (DeFi) brokers to report gross proceeds from digital asset transactions. IRS Classifies DeFi Platforms As Brokers Under the new regul...
Bitcoinist
Sat, Dec 28
Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop – Details
Although Bitcoin (BTC) remains range-bound – trading between the $90,000 and $100,000 price levels – some crypto analysts predict that a price correction may be on the horizon due to a bearish ‘head and shoulders’ pattern forming on the daily chart. Bitcoin To Drop To $80,000? Seasoned a...
NewsBTC
Sat, Dec 28
Terra (LUNA) Founder Do Kwon Set For US Extradition: Montenegro Minister Signs Order
In a decision that concludes a series of prolonged legal proceedings, Montenegro’s Minister of Justice, Bojan Božović, has signed an order for the extradition of Terraform Labs co-founder Do Kwon to the United States. The announcement was confirmed to the Montenegrin daily newspaper Vijesti on...
Bitcoinist
Sat, Dec 28
Is The Tide Turning For Bitcoin? Recent Reserves And Netflows Indicate Market Reversal
Analysts from the market intelligence company CryptoQuant note that current patterns in Bitcoin (BTC) metrics indicate possible changes in market dynamics. Bitcoin Price Faces Short-Term Volatility After a period of steady decline, spot exchange reserves have experienced a notable uptick, reflecting...
NewsBTC
Sat, Dec 28
Political Instability In South Korea Fuels Bitcoin ‘Kimchi Premium’ Surge
The Bitcoin (BTC) ‘kimchi premium’ has returned to South Korea’s cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency. Bitcoin Kimchi Premium Surges In South Korea According to Cr...
Bitcoinist
Sat, Dec 28
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