Bitcoin price attempted to start a fresh increase but failed at $89,500. BTC is now struggling below $86,500 and might continue to move down. Bitcoin started a fresh decline below the $86,500 zone. The price is trading below $86,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $87,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $85,000 zone. Bitcoin Price Dips Again Bitcoin…
Tag: Market
Optimism Grows In Crypto Market Structure Bill After Wednesday’s Senate Banking Meeting
On Wednesday, a bipartisan meeting of the Senate Banking Committee, led by Senator Tim Scott, offered a cautiously optimistic outlook for discussions surrounding the anticipated crypto market structure bill. Despite the absence of any markup hearings scheduled for this week, industry representatives and senators engaged in what many considered a productive dialogue regarding the evolving legislative landscape. Senators Collaborate With Industry Leaders Key figures from major crypto firms were among the attendees, including executives from Coinbase (COIN), Kraken, Chainlink, a16z, and Ripple, who have been increasingly involved in discussions aimed…
Is The Bull Market Over?
Key points: Bitcoin failed to hold above $90,000, indicating a lack of demand at higher levels. Several major altcoins started a recovery, but the higher levels attracted solid selling pressure from the bears. Bitcoin (BTC) bulls pushed the price above $90,000 on Wednesday, but higher levels attracted selling by the bears. Spot BTC exchange-traded funds have recorded outflows of $634.8 million this week, according to Farside Investors data, indicating a cautious approach by institutional investors. CryptoQuant analyst MorenoDV_ said in a recent Quicktake analysis that the True Market Mean (TMM),…
Bitcoin price prediction | Market update
A 2.1% weekly drop in the BTC price has put Bitcoin back in focus as market uncertainty starts to creep in again. With the year moving into its final stretch, traders are closely watching key technical levels, ETF flows, and on-chain signals to figure out what could come next. Summary Institutional investors are pulling funds from spot Bitcoin ETFs, but corporate accumulation continues, supporting long-term confidence in BTC. Key resistance sits at $88K–$89K, with a potential upside toward $92K–$95K, while critical support remains at $86K, with further downside possible to…
Bitcoin Falls Below the 50 Week Moving Average
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has fallen below the 50W SMA. What does this mean? Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
XRP Falls Below $2 As $721 Million Profit-Take Hits Market
One of the cleaner tells in crypto is when the old supply decides it’s time. Not “made a quick 20% and clipped it” time — years old. That’s basically what Glassnode researcher CryptoVizArt flagged after an XRP wallet aged roughly 5–7 years (with a cost basis around $0.40) realized more than $721.5 million in profit on Dec. 11. A single wallet doesn’t “break” a market on its own. But the timing is the point: this wasn’t profit-taking into a rip. It landed while XRP was showing weakness right at the…
PancakeSwap, YZi Labs Announce Zero-Fee Prediction Market on BNB Chain
Key Notes YZi Labs backs the new platform using UMA’s Optimistic Oracle for dispute resolution and fast settlement verification on-chain. Prediction markets hit $28 billion in 2025 volume with weekly peaks above $2.5 billion as mainstream exchanges enter the sector. Probable integrates with PancakeSwap’s existing DeFi ecosystem to compete against established platforms like Polymarket and Kalshi. PancakeSwap has introduced “Probable”, a new on-chain prediction market on BNB Chain incubated within its ecosystem and supported by YZi Labs, formerly Binance Labs, marking the DEX’s latest attempt to broaden beyond spot trading…
Gemini Launches Predictions Market Across 50 US States
Key Notes Gemini rolls out predictions market platform in the United States. The launch follows recent approval from the CFTC. The exchange has waived the trading fees for a limited time. Gemini has launched its prediction market platform, called Gemini Predictions. The new service is now available across all 50 US states through its iOS app and website. According to the company’s recent statement, Gemini Predictions enables users to take positions on events such as election outcomes, economic data releases, and broader market trends. Introducing Gemini Predictions, now live across…
XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why
Crypto analyst Dark Defender has been one of the most vocal supporters of XRP, and this stance has not changed despite the altcoin’s current price action. If anything, the analyst believes that the current downtrend actually plays into the XRP long-term target, claiming that the cryptocurrency remains inherently bullish. If the analyst is right, then it means that the XRP price could be gearing up for another major uptrend that could send it to new peaks. XRP Price Is Only In Wave 4, Not A Bear Market In the post…
Senate Delays Crypto Market Structure Bill Until 2026
The US Senate Banking Committee has postponed markup hearings on crypto market structure legislation until 2026, despite earlier hopes for a hearing this week. In a statement on Monday, a spokesperson for Senate Banking Committee chair Tim Scott confirmed that the committee will not hold a market structure markup this year. “Chairman Scott and the Senate Banking Committee have made strong progress with Democratic counterparts on bipartisan digital asset market structure legislation,” the spokesperson said. They added that Chairman Scott had been clear that the effort should be bipartisan. “He…