Crypto market lows are unlikely to form at moments when many analysts and traders are calling for one, according to crypto sentiment platform Santiment. “Be cautious when you see a widespread consensus forming about a specific price bottom,” Santiment said in a report on Saturday, adding that “true bottoms often form when the majority expects
Only 45.9% of investors anticipate an interest rate cut at the next US Federal Open Market Committee (FOMC) meeting in December, amid declining market sentiment and a downturn in the cryptocurrency market. The odds of a 25 basis point (BPS) interest rate cut in December were nearly 67% on Nov. 7, according to data from
Crypto exchange Coinbase has sharply criticized a group of major US banking associations after they urged federal regulators to ban merchant rewards, cashbacks, and discounts offered to customers who pay with stablecoins. The latter argued such perks amount to “indirect interest.” “Unamerican” Power Grab In a post on X, Coinbase chief policy officer Faryar Shirzad
Bitcoin price slid to fresh six-month lows on Friday, breaking decisively below the psychological $100,000 mark and intensifying a sell-off that has wiped out nearly a quarter of its value in just over a month. By midday, the bitcoin price was trading between $94,000 and $97,000, its weakest level since early May and a steep
Prominent financial commentator Peter Schiff is busy gloating over Bitcoin’s most recent price crash. The gold bug has correctly predicted that the cryptocurrency would struggle to hold the $100,000 level. In the meantime, gold has successfully reclaimed the $4,100 level following a significant correction. “My Bitcoin track record has really improved in recent years. Pay
Crypto investor sentiment is in freefall during the latest market dip as market analysts and traders search for a singular reason for falling asset prices and Bitcoin’s descent below $100,000. The crypto “Fear and Greed” index, a metric tracking investor sentiment, is at 22, signaling investor caution and hovering just above “extreme fear” territory —
Tether is in advanced talks to invest around €1 billion in German humanoid-robotics firm Neura Robotics, according to recent reports. The move signals one of the clearest shifts yet in Tether’s strategy as the world’s largest stablecoin issuer pushes beyond USDT and into high-technology sectors. Tethers Is Betting Big On AI Robotics The proposed investment
Bitcoin BTC$94,324.43 saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May. The largest cryptocurrency is again underperforming U.S. stocks, with major U.S. indices holding onto minor gains a few minutes prior to the end of trading. BTC
After the Bitcoin price fell to $95,000, cryptocurrency analyst Colin Talks Crypto published a comprehensive and cautionary assessment of the market. The analyst stated that Bitcoin reacted accurately from the lower band of the long-followed giant megaphone formation and argued that maintaining this level is of critical importance. According to Colin, Bitcoin has fit this