A crypto strategist who accurately predicted Bitcoin’s current downtrend says BTC may now be gearing up for a countertrend rally. Analyst Benjamin Cowen tells his 1.1 million followers on X that he sees Bitcoin sparking a rally very soon after plummeting to the low $70,000 range. “BTC just dropped below the April 2025 low. If …
Category archives: Trending Crypto news
Tether USDt hits record $187B market cap in Q4 despite crypto downturn
Tether’s dollar-pegged stablecoin USDt expanded to a record $187.3 billion market capitalization in the fourth quarter of 2025, even as the broader crypto market slid following October’s liquidation cascade. According to its latest quarterly report, the USDt (USDT) market cap grew by $12.4 billion in Q4. Data shows that USDt has been widening its dominance …
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Bitcoin price erases 15 months of bull market gains with $69K comedown
Bitcoin (BTC) fell below $70,000 on Thursday as suspicions over coordinated selling boiled over. Key points: Bitcoin tumbles below 2021 highs for the first time since November 2024. Gold and silver volatility spark copycat BTC price maneuvers as lower targets stay in play. Market participants say that large entities are selling BTC on a schedule. …
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Bitcoin ETFs ‘hanging in there’ despite BTC plunge: Analyst
US-based spot Bitcoin exchange-traded fund (ETF) holders are showing relatively firm conviction despite a four-month Bitcoin downtrend, according to ETF analyst James Seyffart. “The ETFs are still hanging in there pretty good,” Seyffart said in an X post on Wednesday. While Seyffart said that Bitcoin (BTC) ETF holders are facing their “biggest losses” since the …
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Coinbase premium hits yearly low, hinting at institutional selling
The Coinbase Premium Gap, a metric used to estimate demand for Bitcoin from institutional investors relative to retail investors, has fallen to its lowest level in over a year — signaling a potential sell-off by professional investors, according to an analyst. The Coinbase Premium is the price difference between Coinbase’s BTC/USD pair and Binance’s BTC/USDT …
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How crypto made and undid the $100M Incognito dark web market
The creator of Incognito Market, the online black market that used crypto as its economic heart, has been sentenced to 30 years in prison after some blockchain sleuthing led US authorities straight to the platform’s steward. The Justice Department said on Wednesday that a Manhattan court gave Rui-Siang Lin three decades behind bars for owning …
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Crypto firms offer ideas to break market structure gridlock: Report
Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill. Crypto companies are reportedly floating concessions relating to stablecoin yields in an attempt to unfreeze the delayed crypto market structure bill. The legislation passed the House but has stalled in the Senate as …
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CFTC pulls Biden-era proposal to ban sports, political prediction markets
The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of the most popular event contracts today. The recently confirmed CFTC chair, Mike Selig, said on Wednesday that the agency has withdrawn a 2024 notice of proposed rulemaking that sought to ban event …
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Startale, SBI launch blockchain for institutional FX, RWA trading
Startale Group and Japan’s financial conglomerate SBI Holdings have launched Strium, a layer-1 blockchain designed to support exchange-layer and settlement infrastructure for institutional trading of foreign exchange, tokenized equities and real-world assets (RWAs). The platform is designed as an exchange-layer network, according to an announcement shared with Cointelegraph. “Tokenization is an inevitable trend, and equities …
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Vitalik Reframes Ethereum L2 Strategy as ETF Inflows Return and Mainnet Scaling Accelerates
Ethereum (ETH) is entering a new phase in which long-held assumptions about scaling are being openly questioned. As spot Ethereum ETFs post their first net inflows after several days of outflows, and on-chain data shows renewed activity on the mainnet, Ethereum co-founder Vitalik Buterin is urging the ecosystem to rethink the role of layer-2 networks. …
Bitcoin Price Falls Further, Raising Stakes At The $70K Support
Bitcoin price extended its decline below $73,500. BTC is now consolidating losses but faces many hurdles near $75,500. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $75,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $75,200 on the hourly …
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Bitcoin’s $1 Million-Dollar Path Starts In 2026, Bitwise Says
Bitwise is laying out a bold scenario: Bitcoin could climb to a new record in 2026 and, if the stars align as the sages would say, may one day reach $1 million over the next 10 years. That view rests less on past rhythms and more on a shift in who buys and how they …
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Bitcoin MVRV Z-Score Compresses To Levels Last Seen Near $29,000
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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XRP Enters ‘Washout Zone,’ Then Targets $30, Crypto Analyst Says
XRP has entered what Korean Certified Elliott Wave Analyst XForceGlobal (@XForceGlobal) calls a “washout” phase inside a broader Elliott Wave corrective structure, a zone he argues can set the stage for a renewed macro advance, with eventual cycle targets stretching into the $20–$30 region. In a Feb. 3 video breakdown, XForceGlobal said the recent pullback …
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Bitcoin Drops Again, Though Analysts Say The Move Isn’t Unusual
Bitcoin’s latest slide has pushed prices into territory not seen so far this year, with the market briefly trading near the low $75,000 area. Related Reading Losses have piled up over recent months, leaving the asset well below its record peak and stirring fresh debate about whether the broader uptrend has stalled. The drop did …
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