Analysts predict Bitcoin price could drop to $41k

Cryptocurrency analysts have identified technical patterns suggesting Bitcoin price could decline to $41,000, according to recent market analysis shared this week. Summary Bitcoin analyst Tony Severino identified a weekly harmonic Shark pattern. A primary target at $41,000 signals a potential bullish reversal once the final leg completes. Near-term price action is pivotal—failure at resistance could lead to a retreat toward support levels. Crypto analyst Tony Severino stated Wednesday that Bitcoin is forming a rare harmonic pattern known as a “Shark” on the weekly timeframe. The pattern displays an ABCD harmonic…

CoinShares Unexpectedly Withdraws Staked SOL ETF Application

Asset manager CoinShares withdrew its Securities and Exchange Commission (SEC) application for a staked Solana exchange-traded fund (ETF) on Friday. The structuring deal and asset purchase behind the proposed fund were never completed, according to the SEC filing, which states: “The Registration Statement sought to register shares to be issued in connection with a transaction that was ultimately not effectuated. No shares were sold, or will be sold, pursuant to the above-mentioned Registration Statement.” The first staked Solana (SOL) ETF, issued by REX-Osprey, debuted in the United States in June,…

Polymarket Shows 87% Chance of December Fed Cut; Crypto Stocks Move Higher

Several crypto-linked stocks climbed on Friday as prediction-market odds of a December rate cut surged to 87% on Polymarket, the highest level this month. Three US-listed Bitcoin miners led the rally, with Cleanspark, Riot Platforms and Cipher Mining all rising in the session and showing double-digit gains over the past five days. Probability of a US rate cut in December. Source: Polymarket Yahoo Finance data showed Circle, the issuer of USDC, jumped nearly 10% in early trading, while Michael Saylor’s Strategy and Coinbase notched more modest increases at the time…

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Can Dogecoin Price Still Reach $10 With The 3rd Wave Deadlock?

A long-term structural analysis suggests the Dogecoin price may be approaching a critical point in this market cycle. With price action compressing and volatility fading, a crypto analyst’s wave-based assessment suggests that DOGE is preparing for an explosive surge toward $10 and beyond, driven by a third-wave deadlock.  Third Wave Deadlock To Fuel Dogecoin Price Rally Crypto market expert EtherNasyonal has stated that Dogecoin remains trapped within a third-wave deadlock. This means the cryptocurrency has not yet shown the decisive movement that typically follows a strong wave. Instead, it continues…

Fire Breaks Out at Greenidge New York Facility, Forcing it Offline

Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden, New York, where it co-hosts operations with mining company NYDIG. The fire broke out on Sunday due to an “electrical switchgear failure,” forcing the company to de-energize the entire facility, according to a Securities and Exchange Commission (SEC) filing. The fire did not damage the mining rigs, and the company said it would resume normal operations within a “few weeks,” without providing specific dates. Greenidge disclosed the fire at the…

Ethereum Price Surges 17% as ETF Inflows Hit $291M in Four Days

Key Notes Institutional investors drove ETH’s recovery with $291 million in net ETF deposits recorded across two consecutive sessions. Tom Lee-linked wallets accumulated $185.6 million worth of Ethereum this week, reinforcing bullish momentum across markets. Technical analysis shows a falling wedge pattern projecting potential 53% rally to $4,600 if price sustains above $3,150. Ethereum ETH $3 043 24h volatility: 0.4% Market cap: $367.37 B Vol. 24h: $20.19 B price reclaimed the $3,000 level on Friday, rising 17% from the weekly low of $2,620 logged on November 21. The recovery has…

Ethereum Fusaka Will Be ‘The Most Bullish Upgrade’ Ever

A pseudonymous analyst has set off a new narrative around Ethereum’s upcoming Fusaka upgrade, arguing it could be the most favorable event ever for ETH as an asset by finally turning Layer-2 networks into meaningful ETH burners. On X, crypto pundit Kira Sama framed Fusaka, scheduled for December 3, as a structural shift in Ethereum’s fee economics. The core of the thesis is a single change: EIP-7918. “Price wise, Ethereum Fusaka upgrade on december 3rd, will be the most bullish upgrade for eth the asset ever, why? One reason. ‘EIP…