Category: Other Crypto News

Analyst Says Avoid Bitcoin At All Costs; Here’s What To Do Instead As 50% Crash Looms

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Crypto analyst Xanrox has advised market participants against buying Bitcoin, warning that a crash is looming for the leading crypto. Instead, the analyst advised buying altcoins, which are likely to offer greater gains.  Analyst Advises Against Buying Bitcoin With Crash Looming In a TradingView analysis, Xanrox advised against buying Bitcoin, citing the crypto’s bearish price action. Commenting on BTC’s daily chart, he noted that the LOG scale shows a bearish flag pattern, indicating bearish price action. He added that it will be a technical error to buy or go long…

Will it Trigger a Price Breakout to $2?

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XRP (XRP) has recovered from its April lows of $1.26, rising as much as 19% to a three-week high of $1.50 on Sunday. Whale activity, network growth and a strengthening technical setup suggested that the XRP/USD pair was primed for a move higher once resistance at $1.50 is broken.  Key takeaways: XRP whale addresses hit record highs of 332,230, indicating accumulation. XRP Ledger monthly transactions hit an all-time high of 71 million in April. Price must break above the $1.50 resistance to continue its upside toward $2. XRP whales show…

The 2022 Playbook Says Bitcoin Fails Here. On-Chain Data Says This Cycle Is Different

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Bitcoin has lost the $80,000 level as the market faces a wave of uncertainty that has erased the confidence built during weeks of gradual recovery. The breakdown is not catastrophic in isolation — but XWIN Research Japan has identified a set of on-chain conditions that place the current moment in a historical context that demands careful attention before drawing conclusions about what comes next. Related Reading The analysis draws on CryptoQuant data to describe a market at a genuine inflection point. Bitcoin rallied approximately 37% from the April lows, a…

Bitcoin Can Still Hit $85,000 as Stocks Head to New All-Time Highs

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Bitcoin (BTC) touched $80,000 around Thursday’s Wall Street open as US stocks hit fresh all-time highs and oil retested $100. Key points: Bitcoin rebounded to $80,000 while US stock markets hit new records, ignoring high inflation. Risk appetite is “skyrocketing,” analysis says, despite worries over central-bank policy tightening. Bitcoin can still head to $85,000 next, traders agree. Bitcoin recoups losses as US stocks ignore inflation Data from TradingView showed BTC/USD recovering much of the previous day’s losses, which followed some of the highest US inflation data in four years.  BTC/USD…

Oobit Launches Crypto Payments Platform in Colombia

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Oobit launched its crypto payments platform in Colombia, expanding the Tether-backed company’s operations across Latin America. The company said Colombia is its ninth live market and follows expansion into countries including Brazil, Argentina and Chile. Chainalysis data cited in the announcement showed the Colombian peso ranked second globally in the share of centralized exchange stablecoin purchases by currency. Oobit operates a non-custodial crypto payments platform that allows users to spend digital assets directly from their wallets through a Visa-linked payment system accepted at more than 150 million merchants across more…

Saylor’s Strategy May Slow BTC Buys after $28B STRC Issuance Cap: Delphi

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Strategy’s preferred stock funding engine could hit a key constraint within the next year, potentially slowing the company’s Bitcoin purchases unless it expands issuance capacity or leans more heavily on common-stock sales, according to Delphi Digital. Delphi said Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, has become one of the company’s main Bitcoin-buying tools but has an authorized issuance cap of about $28.3 billion. If the cap is reached without an extension, Strategy’s Bitcoin accumulation could “slow or stop while the dividend obligation remains,” the…

Is It Time To Sell? Bitcoin Price Enters Redistribution Phase That Previously Led To A 78% Crash

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A warning from Bitcoin’s weekly chart is showing a familiar bear market structure beginning to take shape. According to technical analysis of the weekly chart, Bitcoin has already moved through a topside distribution phase and a range phase beneath it, and the current price action is now forming a redistribution zone.  The concern is that a similar setup appeared after the 2021 peak before Bitcoin went through a much deeper decline. The last time this setup appeared, it erased nearly 80% of Bitcoin’s value in under a year. Bitcoin Chart…

The legal battle over who can claim DeFi’s stolen millions

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A New York federal judge ruled that $71 million in Ether frozen on Arbitrum could be transferred to Aave as part of a broader recovery effort.  The funds are tied to the $293 million Kelp DAO exploit linked to North Korean hackers. Terrorism victims who were awarded $877 million in unpaid judgments against North Korea argue the stolen funds should be redirected to satisfy their claims, on the basis that the exploit was carried out by the state-sponsored Lazarus Group. The case has forced the crypto industry to confront a…

Tether-backed T3 Says It Froze $450M in Illicit Crypto Funds Since 2024

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The T3 Financial Crime Unit, a joint initiative backed by Tether, Tron and blockchain analytics company TRM Labs, says it has helped freeze more than $450 million in assets linked to suspected criminal activity since its launch in 2024. The group said in a Thursday release shared with Cointelegraph that it has worked with law enforcement agencies across 23 jurisdictions to target funds tied to alleged drug trafficking, exchange hacks, North Korea-linked activity, terrorist financing and violent “wrench” attacks, including kidnappings and extortion. The unit focuses on Tether’s USDT stablecoin…

Traders Face A Fragile Setup

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Ethereum is consolidating between $2,250 and $2,450 as the market searches for the catalyst or the structural shift that forces a decisive move in either direction. The price is holding but not breaking — and CryptoQuant analyst MorenoDV has identified a divergence in the derivatives data across two of the largest exchanges in the world that adds a specific risk dimension to the current setup that most participants are not watching. Related Reading The analysis examines the Estimated Leverage Ratio — the measure of how much derivatives exposure is being…