BTC price analysis: Bitcoin could crash another 50%

Bitcoin’s first monthly MACD rollover this cycle, alongside onchain data, raised the odds of a deeper pullback, as BTC price forecasts now include the mid-$60,000s. Source link

BitMine (BMNR) Bought 97K in ETH Ahead of Fusaka Upgrade

BitMine Immersion Technologies (BMNR), the Ethereum-centric crypto treasury firm helmed by Fundstrat’s Thomas Lee, said on Monday it acquired 96,798 in ether ETH$2,819.31 through last week continuing its buying spree while digital asset treasuries remain under pressure due to falling crypto prices. The latest purchase lifted the firm’s total ETH holdings to 3.73 million tokens,…

Crypto ETPs Surge With Bitcoin, XRP And Ether Gains

Cryptocurrency investment products snapped a four-week losing streak, drawing about $1 billion in fresh money after four consecutive weeks of losses totaling $5.5 billion. Crypto exchange-traded products (ETPs) recorded $1.07 billion of inflows last week, their first week of gains since late October, according to the European crypto asset manager CoinShares. James Butterfill, CoinShares’ head…

Ripple Secures Green Light to Grow Payment Services in Singapore

Ripple Labs has received approval from Singapore’s central bank to expand its payment activities in the region, amid a broader push to grow its business and institutional-focused offerings through acquisitions. Ripple’s Singapore subsidiary, Ripple Markets APAC, has been approved by the Monetary Authority of Singapore (MAS) to expand the scope of its regulated payment activities…

Crypto ETPs Surge With Bitcoin, XRP And Ether Gains

Cryptocurrency investment products snapped a four-week losing streak, drawing about $1 billion in fresh money after four consecutive weeks of losses totaling $5.5 billion. Crypto exchange-traded products (ETPs) recorded $1.07 billion of inflows last week, their first week of gains since late October, according to the European crypto asset manager CoinShares. James Butterfill, CoinShares’ head…

Sony Bank Plans 2026 Stablecoin For PlayStation Payments

Sony Bank, the online lending subsidiary of Sony Financial Group, is reportedly preparing to launch a stablecoin that will enable payments across the Sony ecosystem in the US. Sony is planning to issue a US dollar-pegged stablecoin in 2026 and expects it to be used for purchases of PlayStation games, subscriptions and anime content, Nikkei…

Bitcoin Price Slumps to $85K Amid Japan Rate Hike Expectations

Bitcoin (BTC) experienced a sharp pullback in early Asian trading on Monday, dropping to $85,500 amid increasing expectations of a December rate hike by the Bank of Japan (BOJ). Key takeaways: Bitcoin dropped 5% to almost $85,000 in a marketwide correction, liquidating $656 million in longs. Mounting expectations for a BOJ rate hike at its…

Bitcoin Price Slumps to $85K Amid Japan Rate Hike Expectations

Bitcoin (BTC) experienced a sharp pullback in early Asian trading on Monday, dropping $85,500 amid increasing expectations of a December rate hike by the Bank of Japan (BoJ). Key takeaways: Bitcoin dropped 5% to $85,000 in a marketwide correction, liquidating $656 million in longs. Mounting expectations for a BoJ rate hike at its Dec. 18-19…

BTC, XRP, ETH, ADA Plunge as Bitcoin Drop Liquidates $500 Million

Crypto markets were hit with a fresh wave of forced liquidations early Monday as nearly $646 million in leveraged positions were wiped out across major exchanges, adding to the month’s bruising close and extending losses in bitcoin, ether and large-cap altcoins. Coinglass data shows longs made up almost 90% of the total, with the largest…

Cocoon Decentralized AI Network Launches on the Open Network (TON)

The Cocoon decentralized AI network, a privacy-preserving distributed computing platform built on The Open Network (TON) — an independent layer-1 blockchain associated with the Telegram messaging application — went live on Sunday. Cocoon allows owners of graphics processing units (GPUs) to rent their computing power to the network, processing user queries and requests in return…