Bitcoin crashes 5% in ‘Sunday slam’ as liquidations surge
Bitcoin plunged nearly 5% to $86,950 in Sunday trading, triggering $539 million in liquidations after the asset endured its worst November performance since 2018.
Tether CEO slams S&P ratings agency and Influencers spreading USDt FUD
The comments followed S&P’s downgrade of USDt’s ability to maintain its peg, which cited Tether’s Bitcoin and gold reserves as a concern.
Most Ethereum valuation models indicate ETH is undervalued: Analyst
Although most models projected ETH prices above $4,000, one critical valuation model bucked the trend, signaling that ETH may be overvalued.
Fed rate-cut bets surge: Can Bitcoin finally break $91K to go higher?
Bitcoin price stayed stuck near $91,000 due to weak ETF flows and cautious derivatives as stocks and gold rallied on rising rate-cut bets.
Strategy will sell Bitcoin as ‘last resort’ if mNAV drops, capital is unavailable: CEO
Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls below net asset value and funding options disappear, calling it a financial decision.
Bitcoin 2022 bear market correlation hits 98% as ETFs add $220M
New research showed BTC price action on course to copy the 2022 bear market while risk-asset inflows showed signs of a bullish turnaround.
BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov
BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion.
ETH may reclaim $3.2K soon, based on low stablecoin yields: Santiment
Stablecoin yields not being overly high suggests the market hasn’t reached a “major top” and Ether may reach $3,200 in the near term, according to Santiment.
Nasdaq crypto chief pledges to ‘move as fast as we can’ on tokenized stocks
Nasdaq’s head of digital assets strategy, Matt Savarese, said the stock exchange is ready to answer any questions the SEC may have for its proposal for tokenized stocks.
BTC mining difficulty forecast to rise in Dec, as hashprice sits near record lows
Bitcoin miners caught a break on Thursday as difficulty dropped, but the relief may be short-lived if it rises in December, as forecast.