With a new week opening, veteran commodity trader Peter Brandt gave Bitcoin a hard look, sharing a chart with a hand-drawn “dead cat” figure. The setup sees Bitcoin’s two-week drop from above $120,000 to the low $80,000s as a full five-wave correction, with nothing more than a basic rebound on the other side. The chart
South Africa’s financial technology landscape is shifting as VALR and Mukuru roll out a USD Coin wallet designed for millions of African users seeking stable savings options. The move brings regulated digital dollars to everyday consumers during a period of rising inflation concerns, currency instability, and growing interest in alternative stores of value across the
Ethereum creator Vitalik Buterin said, “Privacy is not a feature. Privacy is hygiene,” after hackers infiltrated several U.S. banks and stole client information. Reports indicate that hackers targeted JPMorgan Chase, Citi, and Morgan Stanley during a cyberattack on mortgage technology firm SitusAMC. The breach highlighted the vulnerability of sensitive data in banks and the ease
A Bitcoin technical indicator, known as the Sharpe ratio, has dropped to nearly zero, reaching levels usually seen near major market bottoms. The Bitcoin Sharpe ratio is at “a level historically associated with moments of maximum uncertainty and the early stages of risk repricing,” said CryptoQuant analyst I. Moreno on Monday. The analyst observed that
The stablecoin market cap jumped from $200 billion to $309 billion between July and November 2025, prompting issuers to purchase $109 billion in US Treasury bills to comply with a federal mandate embedded in the GENIUS Act. This dramatic growth marks a significant shift in how the US government finances its operations. The shift transfers
Crypto-focused venture capital investment reached $4.65 billion in the third quarter, the second-highest amount of activity since crypto exchange FTX collapsed in late 2022 and decimated venture bets on crypto. Galaxy Digital’s head of research, Alex Thorn, said in a report on Monday that Q3’s venture bets were a 290% quarter-on-quarter jump and the largest
Bitcoin BTC$87,240.85 heads into Friday’s monthly options expiry after a sharp correction that sent BTC down 35% to $81,000 before recovering to $87,000. The correction has made the options market a focal point again, especially with positioning turning more defensive. According to Deribit data, a total of 153,778 BTC is set to expire, broken down
Private equity firm Bridgepoint Group (BPT) said it agreed to buy a majority stake in ht.digital, a company that provides financial audit and proof of reserves attestations to cryptocurrency firms, for an undisclosed amount. Sky News reported the deal was worth 200 million pounds ($262 million). Bridgepoint did not immediately respond to requests for confirmation
Bitcoin BTC$87,261.34 is trading close to a crucial level that endangers large bearish bets, creating conditions ripe for a “short squeeze” higher while other indicators hint at local bottom. These large bearish bets, likely initiated on Binance during the recent market rout, face liquidation risks around $87,000., according to data source Coinglass. What it means