Bitcoin has not escaped its volatile nature and could still lose as much as half its value under certain circumstances, warns BitMine chair Tom Lee. “I’m sure there will be 50% drawdowns,” Lee said during an interview published on Thursday with crypto entrepreneur Anthony Pompliano. There has been an increasing number of market participants in
Asset management giant VanEck described the recent Bitcoin price drop as a “liquidity-driven mid-cycle correction” in its Bitcoin ChainCheck report published in mid-October. According to the company, strong fundamentals, increasing adoption rate, and on-chain data indicate that the Bitcoin market is maturing. VanEck included the following statements in his report: Bitcoin’s October pullback is a
After months of steady rise to record high, bitcoin’s BTC$111,261.90 pulse has slowed, with BTC changing hands above $111,000 Friday afternoon, Hong Kong time, up 2% over the last week according to CoinDesk market data. The pullback from the recent peak of over $126,000 is marked by momentum faltering below key cost-basis levels, with capital
LUGANO, SWITZERLAND — Swiss digital asset bank Sygnum Bank has teamed up with bitcoin BTC$111,236.69 lending startup Debifi to launch what they say is the first bank-backed loan platform that doesn’t require borrowers to give up full control of their BTC. The offering, dubbed MultiSYG and set to open in the first half of 2026,
In one of the most striking moments of this cycle, gold has lost trillions in market capitalization, a drawdown larger than the entire value of Bitcoin itself. The metal that once symbolized stability is now showing cracks, while BTC, the asset branded as volatile, has remained remarkably resilient. What It Means For Bitcoin Next Market
Bitcoin and the broader crypto market have ticked up despite macro headwinds, with data suggesting a shift in market dynamics as large bag holders hold firm despite the wipeout in leveraged positions earlier this month. The “dolphin” cohort has continued Bitcoin accumulation even after the Black Friday event that liquidated $19 billion from the markets,
Bitcoin price is attempting to recover above $108,500 and $108,800. BTC could rise further if there is a clear move above the $111,200 resistance. Bitcoin started a fresh recovery wave above the $108,800 resistance level. The price is trading above $109,000 and the 100 hourly Simple moving average. There was a break above a short-term
On-chain analytics firm Glassnode has explained how Bitcoin losing $108,500 could lead to a deeper correction, if the past pattern is to go by. Bitcoin Is At Risk Of Losing The 0.85 Quantile Level In its latest weekly report, analytics firm Glassnode has talked about how Bitcoin is currently looking from the perspective of the
Changpeng “CZ” Zhao and Peter Schiff are supposedly taking their long-running argument to the stage. The Binance founder has agreed to debate the outspoken economist and gold advocate after Schiff publicly challenged him to a “Bitcoin versus tokenized gold” discussion. The exchange follows Schiff’s announcement that he’s launching his own blockchain-based gold product — and
In my quest to find the best solution for Cake Wallet to offer user-friendly, non-custodial Lightning to our users, I’ve gone deep down the rabbit hole of both Spark and Ark. Both are quite novel approaches to Bitcoin layer two networks, and are designed at their core to be interoperable with the broader Bitcoin network