Bitcoinās 7.35% decline to approximately $63,245 reflects a sharp pivot toward defensive behavior and aggressive selling pressure. This move suggests that recent support levels have failed to hold, with price action now interacting with the 200-week simple moving averageāa key technical threshold. The velocity of the downturn, coupled with thinning liquidity and elevated leverage in the market, indicates a transition from a consolidated regime to one dominated by risk-off sentiment. The sudden resignation of Nvidia CEO Jensen Huang serves as a major external shock, triggering a broader tech sell-off that has significantly impacted crypto risk appetite. Compounding this macro-driven weakness are deteriorating internal market dynamics, specifically the record $14.2 billion contraction in stablecoin supply and consistent outflows from major spot Bitcoin ETFs, including $2 billion from BlackRockās IBIT over nine sessions. While the recovery of $1.2 billion in stolen funds and the disruption of hacking operations provide a long-term benefit to ecosystem integrity, the short-to-medium term remains clouded by institutional withdrawals and newly revealed technical vulnerabilities within Bitcoin Core. For a disciplined investor, the current setup is characterized by a weakening of fundamentals and a notable reduction in the liquidity fuel necessary for price recovery. - Significant liquidity drain: The record drop in stablecoin supply and persistent ETF outflows signal a lack of immediate buying support. - Strategic leadership risk: Turmoil at a major tech leader has created a negative spillover effect on risk assets, including Bitcoin. - Heightened technical risk: Interaction with long-term trend lines and revealed software vulnerabilities increase medium-term uncertainty.
Bitcoin price has plunged toward $65,000, raising fresh concerns about whether BTC could crash toward $60,000. The latest sell-off has pushed Bitcoin below $68,000, while ETF outflows and heavy liquidations continue to weaken market demand. With BTC approaching a critical support zone after several ā¦
Bitcoin ETF outflows have reached $2.347 billion across the first two completed November trading weeks, leaving a persistent hole in one of the marketās most closely watched sources of demand.BNCās calculations from Farside Investorsā fund-flow table show $1.0653 billion leaving U.S. spot Bitcoin fuā¦
Matt Hougan, Bitwise Chief Investment Officer, said late on Saturday that as Bitcoin (BTC) selling deepened, the crypto market could drift for a while.Bitcoin fell below $66,000 on Saturday afternoon, the first time it has fallen below that level since August. In a post on X, Hougan stated that the ā¦
Data from explorer Bithomp reveals that the Batch and Ticket features on the (XRPL) are increasingly being adopted, with both setting new daily records in November.The data indicates an increasing use of two XRPL features intended to enhance transaction flexibility and efficiency on the network.Batcā¦
fell below the $1 mark amid a weeklong selloff further compounded by concerns over leadership turmoil at Nvidia Corp., which weighed on the artificial intelligence trade.XRP dropped to a low of $0.972 in the early Saturday session, after marking nine consecutive days of losses since November 5, 2026ā¦
ās Hunter Horsley has shared a glimpse into what might define the cryptocurrency market in 2027.In a post on X, Horsley reflected on the institutional shift that happened in 2026, writing, "The story of 2026 will have been that the financial institutions all joined team crypto." Horsley also mentionā¦
Bitcoin fell below $65,000 on Saturday, trading at $64,595.23, down 5.57% from a day earlier.The drop extends a selloff that has taken the worldās largest cryptocurrency from above $74,000 earlier in the week. Steady withdrawals from U.S. spot bitcoin funds and a wave of forced selling in derivativeā¦
Sui has scheduled the launch of Agent Pass, Warrant and Rooms for Q4 2026. Agent Pass covers personal agent delegation, Warrant covers business agent permissions, and Rooms supports interactions with customer agents.Rooms records activity on Walrus, with those records anchored on Sui. This connects ā¦
Bitcoin, the world's largest cryptocurrency by market value, was down by around 5.3% at $64,733.68 at 3:57 PM ET (20:57 GMT) on Saturday.
An attacker drained about 55.2 million KAVA tokens from Kava Lend, the native lending protocol of Layer 1 blockchain Kava (KAVA), late Friday after inflating the value of deposits in a dormant stablecoin market and borrowing against them, according to onchain data reviewed by The Block.The tokens weā¦
Cardano founder Charles Hoskinson says he never promised that ADA would rise. He made the remarks during a heated livestream with frustrated investors.His comments come as ADA trades near multi-year lows, far below highs from previous cycles.Hoskinson Says Cardanoās Roadmap Is CompleteCardanoās roadā¦
Bridgewater Associates founder Ray Dalio once stressed the importance of learning from mistakes and turning struggles into growth.Mistakes Happen in Pursuit of a Great Life, Says DalioOn the Feb. 28, 2025 episode of The Foundr Podcast, the veteran investor said that lifeās ābest lessonsā come from mā¦