The cryptocurrency market dived as bitcoin lost the $90K level after having regained it recently. The prime cryptocurrency dropped as low as $89,185 this Friday, even after a price resurgence and the expectation of a favorable decision on rate cuts. Bitcoin Fails To Bounce As Bears Take Over Bitcoin is inching lower after it failed […] Original
Bitcoin is trading around $91,000 after a minor dip earlier today, and uncertainty continues to dominate sentiment. The market sits at a crossroads: a small but vocal group of analysts argues that the recent correction served as a healthy reset before a continuation of the broader uptrend, while the majority of traders believe the first leg of a new bear market is already underway. With price action still showing hesitation, the debate grows louder by the day. Related Reading According to top analyst Darkfost, a critical threshold will help determine…
Key Notes IOTA is now accessible to BitGo, which will revolutionize institutional investors’ interaction with the coin. The alliance leverages BitGo’s infrastructure to support investors. BitGo filed for a US IPO in September amid a broad expansion move. IOTA, a decentralized blockchain infrastructure, has announced a new collaboration with BitGo to help institutional investors securely hold, manage, and leverage its native token. Noteworthy, the partnership will leverage BitGo’s existing infrastructure, which is known for supporting broad crypto-related operations. IOTA Acknowledges BitGo’s Stellar Infrastructure IOTA recently celebrated its 10th anniversary, and…
Key Notes Anonymous sources have confirmed that HaskKey is considering taking investors’ orders in a few days. This comes after it cleared the Hong Kong Stock Exchange’s (HKEX) listing hearing. HashKey plans to raise $200 million in the IPO, though it is still subject to change. Cryptocurrency-exchange operator HashKey Holdings Ltd. has made a bold move towards its Initial Public Offering (IPO) coming up in Hong Kong. Some sources familiar with the matter noted that the company is preparing to start taking investor orders as soon as next week. HashKey…
Key Notes The Chainlink reserve milestone shows strong confidence in the project with an average LINK cost basis of $18.59. Analysts project a potential 1000% LINK price rally, with key accumulation at $14–$10. Institutional interest is rising, highlighted by Grayscale’s new Chainlink ETF (GLNK), which saw nearly $42 million in first-day inflows. Chainlink Reserve, the official LINK reserve built by the oracle services blockchain network, has hit 1 million after the latest accumulation. This milestone comes just within four months of launching the official LINK reserve facility. LINK LINK $13.55…
The lower house of Poland’s parliament failed to secure the required three-fifths majority to override President Karol Nawrocki’s veto of the Crypto-Asset Market Act, pushing the country further away from regulating its digital-asset sector at a moment when lawmakers argue that oversight is increasingly urgent. As Bloomberg reported Friday, the legislation — advanced by Prime Minister Donald Tusk’s government — was intended to align Poland with the European Union’s MiCA framework for crypto markets. The bill was introduced in June but did not survive the president’s veto. Nawrocki blocked the…
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US attorneys representing the federal government have requested that a judge send Terraform Labs co-founder Do Kwon to prison for 12 years at his sentencing hearing next week. In a Thursday filing in the US District Court for the Southern District of New York, prosecutors asked that a judge sentence Kwon “to a term of twelve years’ imprisonment and finalize the forfeiture of his criminal proceeds.” The filing came about four months after the Terraform co-founder pleaded guilty to two counts of wire fraud and conspiracy to defraud. “In just…
Crypto analyst CryptoInsight has indicated that the XRP price is on the verge of another crash, with a potential drop below the psychological $2 level. The analyst also revealed the level that the altcoin needs to reclaim to invalidate this bearish outlook. XRP Price Risks Crash To Another Low In an X post, CryptoInsight suggested that the XRP price could crash to a new low. This came as the analyst noted that on the lower time frame, the altcoin has made a higher low after bouncing from range lows. However,…
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