Grayscale's report comes shortly after it filed to convert its Chainlink Trust into an exchange-traded fund (ETF) that would trade on NYSE Arca.
The Bitcoin market continues to witness an intense price correction in line with broader crypto market movement. In the past week, the premier cryptocurrency recorded another 10% price decline, trading as low as $80,800, before experiencing a modest bounce. Bitcoin now stands 32.79% below its all-time high, with distribution taking preference over accumulation for most investors. However, popular analyst Gert Van Lagen has unveiled an on-chain trend that postulates an impending revival of the bull market. Related Reading: Saylor’s Strategy Under Threat: Index Status At Risk With $8 Billion On The Line Bitcoin Historical Post-Halving Movement Indicates Bullish Hope In an X post on November 21, Gert Van Lagen outlines a positive Bitcoin price prediction based on data from the previous post-halving movement. The renowned analyst explains this forecast, using a long-term logarithmic chart of Bitcoin’s price vs Bitcoin block height, which highlights a regression channel the digital asset has followed since 2009. According to Van Lagen, Bitcoin has followed a similar pattern after every halving, which usually begins with pushing above the midline of this long-term regression channel. Thereafter, the premier cryptocurrency accelerates into a blow-off top (orange spikes) at the channel’s upper boundary as seen in 2013, 2017, and 2021. For all its price exploits in the present market cycle, Bitcoin presently trades just below the midline of the regression channel, suggesting there is ample space for price appreciation. However, Van Lagen notes some unusual price behavior in that Bitcoin has experienced rejection thrice at this midline, each time resulting in a bounce off the 0.382 Fibonacci retracement line. Nevertheless, the analyst still expects the premier cryptocurrency to maintain the 15-year historical trend and eventually secure a decisive move above the midline resistance. If this price development occurs, Van Lagen also predicts Bitcoin to rise to around $350,000 – $400,000, a price range target that aligns with the upper boundary of the regression channel. Related Reading: Why The Bitcoin Crash To $85,000 Is Actually Good News: Jeff Park The ‘Genuine’ Bearish Market Despite the heightened fears of a bearish market at the moment, Van Lagen explains that the much-dreaded crypto winter only commences after Bitcoin reaches its upper boundary target, establishing a market top. Based on the presented analysis, the market expert predicts Bitcoin will crash from this market peak to retest the 210,000 block SMA, i.e, the lower trend line of the regression channel. At the time of writing, Bitcoin is valued at $84,300 after a 2.36% price loss in the past day. In the last month, the crypto market leader has experienced a 21.96% price devaluation, suggesting a rather volatile and cautious market condition. Featured image from Pexels, chart from Tradingview
The crash highlights vulnerabilities in decentralized networks, potentially undermining trust and impacting future blockchain investments.
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The company had previously pivoted to software offerings in the face of "rising fraud exposure, regulatory pressure, and compliance demands."
Bitcoin is now sitting at one of its most critical junctures of the entire cycle. A rising-wedge breakdown has driven price straight into a key support zone just as BTC prints its first major post-ATH drawdown of over 33%, a level that has historically signaled prolonged weakness and heightened volatility. With technical pressure colliding with a historically significant threshold, the market now faces a decisive moment. Rising Wedge Break Sends Bitcoin Lower Into Key Support Zone Crypto analyst The Boss, in a recent breakdown of Bitcoin’s daily chart, highlighted the formation of a rising wedge pattern. As expected, Bitcoin has broken down from this wedge, sending the price sliding into what is considered a strong support zone. This level has historically acted as a turning point, making its current test a crucial moment for the market. Related Reading: Bitcoin Shows A Clear Momentum Reset — Is A Trend Reversal Coming? According to the analyst, this area could trigger a potential upward reaction, as buyers often step in when the price reaches such well-established support levels. However, the possibility of a rebound is not guaranteed. The structure must show early signs of strength before any meaningful recovery can be considered reliable. Momentum indicators paint a cautious picture as they remain notably weak, showing no clear signal of bullish pressure returning to the market. At the same time, trading volume remains lower than necessary for a confident reversal, suggesting that buyers have yet to step in. Without stronger participation, any bounce may be shallow or short-lived. Due to these factors, the analyst emphasized that Bitcoin’s current level must be closely monitored. While a short-term reaction from support is possible, a failure to hold this zone would open the door to further downside and potentially expose deeper support areas. BTC Hits 33% Drawdown Threshold: A Historically Significant Signal According to a recent update shared by Crypto Patel, Bitcoin has now recorded a 33% drawdown from its all-time high, marking a correction significant enough to grab the market’s full attention. This is more than a routine pullback; it represents a level of decline that has historically signaled deeper shifts in market sentiment. Related Reading: Bitcoin Faces A Negative Correlation Trend And Still Holds Strong — Here’s Why Looking back through previous cycles, every instance where BTC retraced beyond 33% after a peak has been followed by prolonged periods of weakness, increased volatility, and continued downside pressure. These drawdowns often served as transitional phases, where momentum reset before the next major trend could establish itself. The market now sits in a critical phase, with traders and analysts watching closely to see whether Bitcoin repeats its well-known historical behavior or breaks the cycle with a stronger-than-expected recovery. Featured image from Pixabay, chart from Tradingview.com
Coinbase spent 2025 positioning itself as the infrastructure layer for retail crypto access, absorbing teams and technology that could accelerate its “everything exchange” vision. A Nov. 21 announcement that it acquired Vector.fun, Solana’s fastest-moving DEX aggregator, fit the pattern: acquire the rails, sunset the product, integrate the speed. But the deal carved out an unusual […]
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A lack of conviction among "weak" hands will cause new Bitcoin holders to dump at the first sign of trouble, worsening market drawdowns.
XRP has entered a new phase in its growth as Spot XRP ETFs begin trading across the United States. The excitement surrounding institutional access to XRP has grown quickly in recent weeks, especially as filings and inflow reports hint at rising interest from funds preparing to scale their exposure. A market commentator known as Chad Steingraber presented a projection showing just how intense ETF accumulation could become if issuers adopt an acquisition strategy similar to what was seen in Bitcoin ETFs. The estimates outline an aggressive period of accumulation that could reduce XRP’s available supply far faster than many expect, and here are the numbers. Related Reading: Trump’s WLFI Moves To Contain Wallet Breach While Federal Inquiry Looms A Breakdown Of Steingraber’s Projection Steingraber’s first scenario examines a modest but steady accumulation model where 12 Spot XRP ETF issuers acquire an average of 3million XRP per day. His projection is based on focusing on the average rather than trying to predict which fund accumulates the most, because the combined impact is what ultimately matters for XRP’s market price. Under this setup, daily inflows would reach up to 36 million XRP. Over a standard five-day trading week, that accumulation would climb to 160 million XRP. Over the course of a month, the amount absorbed by ETFs would increase to 720 million XRP. By the end of a full year, this single projection implies that as much as 8.64 billion XRP could be removed from public circulation and locked into ETFs. Of course, these numbers only take into account the possibility of consecutive net inflow days and no net outflow days. Although these figures are hypothetical, the pace aligns with the early patterns seen in Bitcoin ETFs, where strong averages across issuers created a sustained demand for Bitcoin. A More Aggressive Scenario Based On Recent Activity In another post, Steingraber offered a more forceful accumulation model using the activity of Bitwise’s Spot XRP ETF as a benchmark. Data shows that the Bitwise XRP ETF received inflows of about 5.82 million XRP in its first trading day. In this second scenario, the projected daily acquisition rate is doubled to about 6 million XRP per issuer. If 12 funds follow this pattern, the combined accumulation could hit 72 million XRP every day. Extending the same five-day cycle, the weekly total would rise toward 360 million XRP, while monthly totals would reach approximately 1.44 billion XRP. Over a full year, this more aggressive model ends with 17.28 billion XRP absorbed into ETF products. “The entire XRP public supply will be gone UNLESS THE PRICE GOES ASTRONOMICALLY HIGH,” Steingraber said. Related Reading: $2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World The projections serve as a wake-up call on how quickly XRP’s supply ecosystem might change once ETF inflows stabilize and larger issuers like Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares and WisdomTree get in on the action. However, BlackRock, which oversees the largest Spot Bitcoin and Ethereum ETFs, is yet to make any move on a Spot XRP ETF. The company had confirmed in August that it has no immediate plans to file for one. Featured image from Pexels, chart from TradingView
Michael Saylor's company's balance sheet isn't at imminent risk of collapse, but further capital-raising efforts could surely be hindered unless conditions improve.
Monad's co-founder had predicted that the sale's mechanics could lead to a last-minute surge in buys, which appears to have taken place.
The Cardano blockchain network suffered a temporary chain split on Friday due to an old software bug triggered by an abnormal transaction.
Analysis showed Grok citing extremist sites as credible sources, raising another red flag after the AI's earlier "MechaHitler" incident.
Younger, wealthier Americans seem to be rewriting the house rules of wealth management. They like broad equity indices. They park cash in T-bills. They still buy real estate and private deals. But they also expect to see Bitcoin, Ethereum, and a handful of other digital assets on the same dashboard as everything else. For them, crypto is a normal […]
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Ethereum is testing a critical juncture as the golden pocket between $2,600 and $2,800 comes into play. With resistance looming at $2,800, the market now faces a pivotal moment. Can ETH reclaim this level and spark a move toward $3,000, or will sellers push it back below key support? Golden Pocket Breakdown Validates Ethereum’s Downside Target In an Ethereum update, analyst Luca has offered a detailed analysis of the leading altcoin, reflecting on the expert’s previous predictions. As he covered all his PAT updates and his latest YouTube video, once Ethereum broke down below the high-timeframe support range, specifically the golden pocket between the 0.5 and 0.618 Fibonacci POIs, the most likely outcome was a continuation of the downside pressure. Related Reading: Ethereum Is Sitting On Its Most Critical On-Chain Support Level — A Rally Emerging? Luca explained that this expected continuation was targeting the next major support, the high-timeframe support range marked in purple. That exact scenario just played out, with the price now confirming the bounce on the low-timeframes, performing precisely as anticipated. From this validated support, Luca believes the most likely outcome is a reversal back to the upside. However, he stressed the need for confirmation before fully committing to the long side: “Before I start scaling out of my hedges, I want to see additional signs of strength and a clear bottoming formation to confirm that this level is holding,” Luca stated. The analyst concluded with a warning: if the price were to break below this established range, it would entirely invalidate the idea that the move is a simple corrective Wave 2 on the high-timeframes. Instead, the breakdown would signal a durable structural decline, which Luca intends to “avoid getting caught in.” $2,600 Tested: Buyers Rush To Defend Lows After examining current price action, crypto analyst Ted Pillows highlighted that ETH experienced significant volatility yesterday, nearly touching the $2,600 level before finding a temporary floor. Following that test, Ethereum is currently attempting to reclaim the $2,800 level, but is facing noticeable resistance from sellers at that mark. Related Reading: Ethereum Approaches Critical Resistance — Bullish Breakout Or Trap In The Making? The analyst provided a clear path for a continued recovery. Should Ethereum decisively reclaim and hold the $2,800 level, it would signal sufficient bullish strength, propelling ETH toward the next significant psychological and technical target at the $3,000 level. Conversely, Ted warns that if this essential $2,800 level is not reclaimed, the market is likely to reverse lower. As a result, traders should expect a sweep below the $2,500 level, indicating a need to test deeper support before the asset can attempt another structural recovery. Featured image from iStock, chart from Tradingview.com
Technical indicators suggest oversold conditions, but a break above $1.96 is needed to reverse the current downward trend.
Institutional BTC investors may explore whether bitcoin-native yield, collateral and liquidity opportunities could offer the next stage of strategic deployment.
The compromise comes nearly two years to the day after a similar attack took down their front-ends in November, 2023.
The exchange plans to introduce U.S. perpetual-style futures for altcoins, settling on a five-year expiry.
The winning miner controls just 0.0000007% of Bitcoin’s total network hashpower, which recently hit a record 855.7 exahashes per second.
Oracle did what every legacy tech giant dreams of. In September, it announced a $300 billion cloud deal wrapped around OpenAI, the hottest name in software, and watched its stock rip higher. Two months later, the market gave its verdict. Oracle has shed more than $300 billion in market value, trading below its pre-AI announcement […]
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Strategy (formerly MicroStrategy) is currently navigating the most complex regime in its four-year history as a corporate Bitcoin treasury. The company, which transformed itself from a steady enterprise software provider into the world’s largest corporate holder of BTC, is facing a convergence of headwinds that threaten the structural mechanics of its valuation. For years, the […]
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Strategy’s 650,000 BTC holdings make it a ‘pressure valve’ for the broader market, said the Bitmine Immersion chairman.
The crypto exchange said the planned internal migration is a normal, "best practice" in the industry to maintain cybersecurity standards.
Kiyosaki's strategic asset reallocation highlights a trend of diversifying investments into tangible businesses, potentially influencing market dynamics.
The post ‘Rich dad’ Kiyosaki sells Bitcoin for over $2 million to invest in surgery centers and a billboard business appeared first on Crypto Briefing.
The cryptocurrency market continues to bleed, with the total market cap now hovering around $2.89 trillion. Zcash (ZEC), one of the privacy tokens daring to defy the fearful market sentiment, has experienced a steady, choppy price action as market forces struggle to establish control. Interestingly, a prominent market analyst with the X username PlanD has discovered significant bearish potential on the horizon. Related Reading: Why is Zcash Surging? Analysts Break Down the ZEC Rally and What Comes Next Zcash To Fall To $281 – Is The Party Over? Despite its performance amid the general crypto market correction, Zcash struggles to break past a formidable barrier in the $750 price zone. In the last week, the privacy coin experienced this rejection in the two instances it climbed above the $700 price mark. According to PlanD, ZEC’s multiple rejections are also threatening the viability of an ascending channel that began in October. Notably, Zcash has broken below the lower boundary of this channel at $672, in successive moments, signaling increasing bearish pressure and weakening upward structure. If the market bears assume a dominant hand of the privacy coin, PlanD is projecting a price crash to around $281, indicating a potential 50% price loss from the present market prices. PlanD’s prediction is similar to that by fellow analyst Ali Martinez, who has since tipped ZEC could correct to around $325, following its struggles at the $750 price zone. However, while technical indicators point to an impending price collapse, strong fundamental developments provide bullishness for a continuous price uptrend. These include institutional endorsements as Cypherpunk Technologies, backed by Tyler and Cameron Winklevoss, which has recently launched a $50 million Zcash treasury strategy. Furthermore, the upcoming Zcash halving event, slated for November 28, adds another layer of bullish undertone as an increase in token scarcity is expected to drive demand pressure and subsequently boost prices. Related Reading: Dogecoin (DOGE) Falls Again as Trader Sentiment Turns Increasingly Bearish ZEC Price Overview At the time of writing, Zcash trades at $490.52, reflecting a drastic 24.11% decline in the past 24 hours as total crypto liquidation crossed $1.9 billion. Meanwhile, daily trading volume is down by 6.1% and valued at $2.24 billion. Nevertheless, ZEC’s monthly performance stands at a staggering 99.41% representing the coin’s defying bullish performance during a time when the total crypto market cap has reduced by 28%. In the last year alone, the privacy coin has surged by 928%, highlighting a remarkable and sustained bullish trajectory. With a market cap of $7.8 billion, ZEC now ranks as the 13th largest cryptocurrency in the world. Featured image from Shutterstock, chart from Tradingview
This inefficiency disproportionately affects retail liquidity providers, with 50% losing money due to impermanent loss, and net deficits exceeding $60 million, a new report finds.
Bitcoin is on track for its worst weekly performance since March, while U.S. demand indicators weaken as the Coinbase premium declines and spot ETFs reach a record volume.
A billion-pound laundering network spread across the UK used cryptocurrency to move criminal proceeds and help Russian interests evade sanctions, according to the NCA.
The attack did not compromise the underlying smart contracts, but users are advised to avoid the compromised domains and instead use decentralized ENS domains.
A crypto pundit has ignited discussion about the long-term outlook of the XRP price after arguing that a surge to a $1,000 target is not a dream but a realistic goal supported by market math. The analyst believes that XRP’s future depends on measurable utility rather than market hype, positioning the cryptocurrency as an asset built for deep financial integration, which could fuel a prolonged upward rally. Why A $1,000 XRP Price Is Not A Dream Pseudonymous crypto analyst 24HRSCRYPTO predicted on X this Friday that XRP could climb from its current price of above $1.9 to $1,000. He described the path to this ambitious target as a matter of scaling rather than a dream. He also framed it as a math-based outcome, essentially driven by XRP’s foundational role as a global payments currency. Related Reading: Analyst Claims XRP Price Will Surge To $220 Due To ETFs, But Is This Possible? The analyst noted that XRP’s upside potential is more closely tied to real financial infrastructure than to short-lived speculation-driven appreciation. He emphasized that investors often overlook the role of utility, global settlement demands, and deep liquidity, which he believes are the backbone of XRP’s trajectory. These factors set XRP apart from other cryptocurrencies that mainly depend on traders buying at consistently rising prices. 24HRSCRYPTO uses a simple comparison to illustrate the difference that drives cryptocurrency prices. In his view, the Bitcoin price reaches new all-time highs primarily through speculation, while XRP grows through real financial activity supported by its innovative technology. According to the analyst, this disparity is why he believes patience and consistency matter more than hype cycles. The analyst also insists that XRP’s design positions it for long-term use in financial infrastructure where trillions of dollars flow, creating steady demand. He explained that even a modest investment of $5,000 held with discipline until 2030 can grow when supported by real value. This bullish scenario puts a $100 target for XRP within reach as global settlement usage increases. The same logic also supports the analyst’s bold $1,000 price projection. XRP Technical Analysis Signals Growing Strength The XRP price has been dragged down amid the broader market slump, recently crashing to new lows below $2. Despite the altcoin’s weak price action, analysts still hold out hope for a potential market shift to the upside. Related Reading: Analyst Claims XRP Will Flip Bitcoin As These Developments Play Out In a recent technical analysis, crypto market expert Rose Premium Signals notes that XRP has tapped the same demand zone for the third time, creating a strong triple bottom on the weekly timeframe. The analyst’s chart shows that each time the price returns to the $1.8 to $1.9 demand zone, it triggers strong buying. This repeated pattern confirms the formation of a triple bottom, which she considers a classic high-timeframe reversal signal. The chart also reveals that XRP’s recent downtrend has been controlled and met by a well-defended support level. Rose Premium Signals emphasized that each bounce from this support area has triggered progressively stronger reactions. If momentum is confirmed, she predicts that XRP could surge above $3 in the mid-term. Featured image from Freepik, chart from Tradingview.com