Bitcoin’s (BTC) rally to $76,000 revived market optimism for investors, but onchain data suggested that the move may still be part of an early-stage recovery defined by frequent periods of price volatility. According to Glassnode, BTC price has entered a relatively “open” zone between $72,000 and $82,000, where there’s less resistance. This range is particularly defined by the UTXO Realized Price Distribution (URPD), which highlights where the investors accumulated their coins. This means BTC may move more freely in the short term within this range, if the momentum holds. Bitcoin…
Category: Other Crypto News
Ethereum Enters High-Leverage Regime As Binance Exposure Crosses 75%
Ethereum is trading above the $2,150 level after pulling back from recent highs near $2,380 reached earlier this week, reflecting a cooling phase following a short-term surge in bullish momentum. The retrace suggests that while buyers were able to push prices higher, follow-through demand remains limited as the market digests recent gains. Related Reading Beneath the surface, derivatives data is revealing a more consequential shift in market structure. According to a CryptoQuant analysis, Ethereum leverage on Binance has not only recovered from the October 10 market-wide deleveraging event, but has…
Carpool and Ride Sharing Company Ryde Adopts Crypto Treasury Model
Ryde Group, a Singapore-based ride-sharing and carpool platform, similar to Uber or Lyft, said Wednesday that it has adopted a crypto treasury strategy for its corporate reserve. The company said it will invest a portion of its corporate reserves into Bitcoin (BTC), Ether (ETH), and Sol (SOL), with specific allocations and time of purchase to be determined by a governance team at Ryde, according to its announcement. Ryde cited the “evolving macroeconomic environment” as the reason for adopting a crypto treasury, and said that the option to invest portions of…
Bitcoin Faces Little Chance of Holding Its 200-Week Moving Average for Long
Bitcoin (BTC) price support could “fail” by the weekly close in a major blow to Bitcoin bulls, analysis warns. Key points: BTC price downside versus local highs at $76,000 nears 10%. Bitcoin brings its 200-week trend line back into focus, but little hope remains that it will rescue price. A trader warns of “months” of ranging at current levels. 200-week BTC price trend line “unreliable” In his latest X update on Thursday, crypto trader and analyst Rekt Capital brought a long-term BTC price trend line back into focus. The 200-week…
Pundit Who Predicted Ethereum Price Bottom Reveals What To Expect Next
A recent rebound in the Ethereum price has brought renewed focus to an analyst who accurately identified its local bottom. With price now recovering sharply from that region, the same market watcher has outlined the next key levels that could determine Ethereum’s direction in the coming weeks. Ethereum Price Breakdown To Reversal Confirms Analyst’s Call Ethereum’s earlier decline unfolded through a series of failed bullish structures, gradually weakening confidence in the uptrend. The first sign of trouble emerged when a bullish flag pattern broke down near the $3,700 level, cutting…
Opera Proposes CELO Token Deal, Replacing Cash Payments With Crypto Stake
Opera, a Nasdaq-listed web browser company, is proposing to change how it is compensated by the Celo ecosystem, opting to receive native tokens instead of cash as it deepens its involvement with the network. The company said Thursday it has proposed restructuring its commercial agreement, moving from US dollar-denominated quarterly payments to an allocation of 160 million CELO (CELO) tokens, subject to approval by Celo’s onchain governance community. If approved, the shift would more directly align Opera’s financial incentives with the network’s performance and make it one of the largest…
Prediction Markets Bet Bitcoin Will Drop Below $55K in 2026
Bitcoin (BTC) may go as low as $55,000 in 2026 as the market lacks bullish catalysts amid macroeconomic uncertainties. Key takeaways: BTC price has a 65%-71% chance of dropping below $55,000 before Dec. 31, according to prediction markets. Bettors don’t expect Strategy to sell its BTC holdings in 2026. Whale selling and negative ETFs flows add to Bitcoin’s sell-side pressure. Prediction markets see BTC bear market continuing The majority of traders on Polymarket and Kalshi expect Bitcoin to resume its downtrend throughout 2026, with targets as low as $40,000. Related:…
Signal That Led To Last 2 Altcoin Seasons Has Returned, And Here’s How Bitcoin Fits In
Crypto analyst CrypFlow has revealed that the signal that started the last 2 altcoin seasons has returned. The analyst pointed to bullish indicators of the ‘Others’ chart against Bitcoin, which signal that capital may be flowing to lower-capped tokens. Signal Points To Another Altcoin Season as Capital Flows From Bitcoin In an X post, CrypFlow stated that the signal that started the last two altcoin seasons is forming again. He explained that every major altcoin expansion has started the same way, with the others/Bitcoin chart breaking out of a falling…
Accumulation In Spot Clashes With Derivatives Selling Pressure
Solana has retraced below the $90 level as volatility resurfaces across the cryptocurrency market, signaling renewed uncertainty after a period of relative stabilization. The move lower reflects growing hesitation among traders, with price action struggling to sustain momentum as broader market conditions remain fragile. Related Reading Beyond the chart, derivatives data is beginning to reveal a more nuanced shift in market structure. According to a recent CryptoQuant report, the 90-day Futures Taker CVD highlights a transition that has been developing over the past year. Throughout 2024 and early 2025, the…
Are DeFi devs liable for the illegal activity of others on their platforms?
A US federal judge has dismissed a class action lawsuit that sought to hold Uniswap Labs and its founder Hayden Adams liable for scam tokens traded on the decentralized exchange (DEX). Uniswap has been cleared of responsibility for third-party scammers. (Hayden Adams) Federal Judge Katherine Polk Failla ruled that the DEX cannot be held responsible for the actions of third-party token issuers. But that’s not the only court case or jurisdiction with implications for smart contract developers. Joshua Chu, co-chair of the Hong Kong Web3 Association, argues that the Uniswap…