Tag: Market

One Slip And Dogecoin Could Plunge Back Into A Bear Market

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The Dogecoin multi-year recovery trend is under pressure as price slips below a key ascending support and rests on an historic horizontal level, according to a new chart from trader and analyst Rekt Capital. Dogecoin Is Inches Away From A Bear Market In an X post, Rekt Capital shared a 1-month DOGE/USDT chart from Binance, created on TradingView on Nov. 15, and warned: “Dogecoin needs to protect its multi-year technical uptrend heading into December to keep chances for macro upside alive.” The chart tracks Dogecoin from the 2021 blow-off top…

BitMine Chairman Predicts Market Top, Holds $11.10 Billion in ETH

Key Notes Lee attributes current market weakness to liquidity drainage following October 10 liquidations, comparing it to quantitative tightening effects. BitMine holds $11.1 billion in Ethereum at $3,120 per ETH, currently facing 1.37% unrealized losses as markets consolidate. The executive maintains bullish outlook, projecting crypto cycle peak will occur between 12 to 36 months from now despite near-term volatility. Thomas “Tom” Lee of Fundstrat, chairman of BitMine, recently addressed crypto investors’ concerns about the market having reached its top value this cycle. BitMine is the world’s largest Ethereum ETH $3…

Bitcoin Risks $76,000 as Traders Assess New Bear Market Odds

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Bitcoin (BTC) starts a new week with the bull market at stake as BTC price predictions diverge wildly. Bitcoin traders are stuck between hope and capitulation as BTC/USD returns to its yearly open level. Price eyes a key “magnet” in the form of an old CME futures gap left over from April. The loss of a key trend line ushers in comparisons to historical bear markets, with a support reclaim far off. Bitcoin is looking more like a “leveraged tech stock” as its gold correlation disappears. Crypto sentiment sets joint…

Bitcoin ETFs Bleed $1.1B, Analysts Call ‘Mini’ Bear Market, Pivotal Moment

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US spot Bitcoin exchange-traded funds (ETFs) closed a third straight week in the red, deepening concerns that one of Bitcoin’s biggest institutional demand engines is stalling. Spot Bitcoin (BTC) ETFs saw $1.1 billion in net negative outflows during the past trading week, marking their fourth-largest week of outflows on record, according to Farside Investors data. The ETF outflows occurred during a significant correction, as Bitcoin’s price fell by over 9.9% during the past week, to trade at $95,740 at the time of writing, Cointelegraph data shows. Bitcoin ETF flows (in…

Bitcoin’s 2025 Gains Wiped After Latest Market Tumble

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Bitcoin briefly lost all of its gains this year after the crypto markets bled over the weekend, despite the US government reopening on Thursday, which was expected to provide much-needed relief to the markets. Bitcoin (BTC) fell to a low of $93,029 on Sunday, down 25% from its all-time high in October. It started the year at $93,507. It has since rebounded to around $94,209, CoinGecko data shows. Bitcoin’s price information, including the change in price since Jan. 1, 2025. Source: CoinGecko This year was tipped to be a strong…

Largest Hyperliquid Whales Are Shorting Amid Wild Market Volatility

Key Notes The largest whales on Hyperliquid are going short as Bitcoin consolidates around $96,000. Bitcoin’s social dominance signals severe retail panic and FUD. The broader crypto market is seeing pressure from both macro and micro factors. Bitcoin’s (BTC) fall below the crucial $100,000 mark last week triggered a wave of short positions from massive whales on Hyperliquid. The largest Hyperliquid whales, with over $50 million in digital assets, have been heavily betting on a further crypto market correction, according to data from Coinglass. Hyperliquid’s “Leviathans” dominating the market with…

XRP and SOL Have ‘Very Wide Gap’ In Market Interest, Says Exec

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The average investor still hasn’t reached a clear consensus on which crypto assets beyond the top two warrant serious attention, according to Anthony Bassili, president of Coinbase Asset Management. “There’s a very, very clear view in the investor community in terms of the right first portfolio is Bitcoin. The next is Bitcoin, Ethereum,” Bassili said during an interview with Cointelegraph at The Bridge conference in New York City on Wednesday. Bassili pointed out that Solana (SOL) is “maybe” the third asset on the radar. “The market is very unsure as…

Bitcoin Market Structure Signals Potential Sweep Before High-Conviction Long Setup

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Hoskinson’s Backing of American Bitcoin Triggers Mixed ADA Market Reaction

Key Notes Cardano’s Charles Hoskinson joins a $200 million round backing American Bitcoin, a mining and AI infrastructure firm linked to the Trump family. ADA price slid 2% before stabilizing above $0.50 amid weaker demand, falling volumes, and declining derivatives activity. Despite short-term weakness, positioning data indicate that traders are defending the $0.50 support with a mildly bullish long-to-short ratio. Cardano slipped 2% on Saturday, November 15, before stabilizing just above the $0.50 mark as investors absorbed news of Charles Hoskinson’s strategic participation in American Bitcoin’s latest $200 million funding…