Author: Kryptonews
Bitcoin touched new lows under $64,000 as market selling reached a historic level, and analysts warn that the bottom is not in. Does data support analysts’ sub-$60,000 prediction?Bitcoin (BTC) has fallen 13% over the past four days, sliding to $63,844 from $79,300. It is currently trading below $69,000, which is the 2021 bull market high, a level many see as a support level. The drop was matched by a sharp decline in futures activity, with BTC’s open interest falling by more than $10 billion over the past seven days.Analysts are now focusing on the long-term technical zones and onchain indicators…
Crypto exchange Gemini announced its exit from the United Kingdom, European Union and Australia markets on Thursday, as the company slashed its workforce by 25%. Gemini cited artificial intelligence automating labor and making engineers “100x” more efficient, and a more challenging business environment in the UK, EU and Australia, as reasons for the exit, according to Thursday’s announcement: “These foreign markets have proven hard to win in for various reasons, and we find ourselves stretched thin with a level of organizational and operational complexity that drives our cost structure up and slows us down.“We don’t have the demand in these regions to…
Ethereum’s price crash leaves ETH stuck in a firm downtrend, with negative flows and weak momentum making a sustained reclaim of $3,000 in February increasingly unlikely. Summary Ethereum price trades near $2,111 after a steep drawdown, with four‑hour MACD and RSI signaling only a corrective bounce inside a broader downtrend. Daily CMF, DMI, and ADX confirm sustained capital outflows and strong trend strength, keeping February recovery odds toward $3,000 low. Analyst Leshka still sees a 3x–4x six‑month upside on fractal and supply‑squeeze signals, but only once the current de‑risking phase and drawdown fully exhaust. Ethereum’s (ETH) price and latest selloff…
The 2026 Winter Olympics are upon us, with the opening ceremony—featuring a performance by Mariah Carey!— taking place at Milan’s San Siro Stadium at 8 PM local time on Friday, February 6. Events will take place throughout northern Italy, with indoor ice events in Milan and outdoor events in Cortina d’Ampezzo, Livigno, Bormio, Predazzo, and Tesero. While the Dolomites and Italian Alps are lovely this time of year, winter sports fans who hope to slip in some art viewing while in Italy should probably stick to things like figure skating, speed skating, or hockey. Milan has a lot more to…
US President Donald Trump said he was unaware of a reported multimillion-dollar investment by an Abu Dhabi royal into the crypto platform World Liberty Financial, distancing himself from a deal that has drawn fresh scrutiny over foreign influence and presidential family business ties. Key Takeaways: Trump said he was unaware of a reported $500M UAE royal investment in World Liberty Financial. WSJ reported an Abu Dhabi royal agreed to buy a 49% stake in the crypto platform. The deal has drawn scrutiny over foreign influence and Trump family ties. “I don’t know about it,” Trump told reporters on Monday when…
The Aster decentralized crypto exchange (DEX) and perpetual futures platform announced on Thursday that its layer-1 blockchain testnet is now live for all users, with a potential rollout of the Aster layer-1 mainnet in Q1 2026.Several new features are slated for a Q1 launch, including fiat currency on-ramps, the release of the Aster code for builders and the upcoming L1 mainnet, according to the Aster roadmap.Aster will focus on infrastructure, token utility and building its ecosystem and community in 2026, according to the roadmap. Source: AsterAster rebranded as a perpetual futures DEX in March 2025 and is a direct competitor…
Bitcoin tumbled to around $65,000 on Thursday amid a wave of liquidations driven by heavily bearish sentiment, but one technical indicator suggests the cryptocurrency could be set for not just a bounce, but a major move higher.Bitcoin’s daily Relative Strength Index (RSI), which is a popularly used momentum oscillator that assesses whether an asset is oversold or overbought, flashed 17.6 (on a scale of 0-100) on Thursday — heavily oversold conditions that were topped in the modern BTC era by the Covid crash in 2020, when it fell to 15.6, and the 2018 market bottom, when it dropped to 9.5.On…
Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price dropped below $69,000, the lowest since Nov. 6, 2024.Analysts said that Bitcoin showed signs of “full capitulation” and a potential bottom forming, due to extreme market fear, panic selling by short-term holders and the relative strength index (RSI).Key takeaways:Short-term Bitcoin holders have sold nearly 60,000 BTC in 24 hours.The Crypto Fear & Greed index shows “extreme fear,” signaling a potential bottom. Bitcoin’s “most oversold” RSI points to seller exhaustion. BTC/USD daily chart. Source: Cointelegraph/TradingViewShort-term holder capitulation deepensNearly 60,000 BTC, worth about $4.2 billion at current rates, held by…
The online gambling industry in 2026 looks nothing like it did just a few years ago. Betting is no longer just about odds or bonuses. It has become a global digital entertainment industry worth well over $100 billion, growing at double-digit rates and driven by mobile usage, real-time data, crypto payments, and always-on engagement. Europe still commands the largest share, North America is accelerating through legalization, and crypto-first platforms now dominate global traffic.In this crowded field of the leading betting sites 2026, most platforms still rely on the same playbook. Big welcome bonuses, short-term incentives, and complex wagering rules. A few…
Ethereum co-founder Vitalik Buterin has sold a significant amount of his personal ETH holdings over the past several days. Summary Ethereum co-founder Vitalik Buterin has sold nearly 3,000 ETH worth about $6.6 million, according to on-chain data shared by Lookonchain, with sales reported to be ongoing. The transactions follow Buterin’s disclosure that he has set aside 16,384 ETH to fund long-term open-source and infrastructure projects, easing concerns of an abrupt sell-off. According to blockchain analytics shared by Lookonchain, Vitalik has offloaded 2,961.5 Ethereum (ETH), worth approximately $6.6 million, at an average price of around $2,228 per ETH. The selling is…
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