Cryptocurrency - news

Bitcoin’s price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models. “Where is the Bitcoin TOP?” Schultze-Kraft asked, before laying out his detailed analysis. Has Bitcoin Reached Its Cycle Top? 1/ MVRV Ratio: A longstanding measure of unrealized profitability, the MVRV ratio compares market value to realized value. Historically, readings above 7 signaled overheated conditions. “Currently hovering around 3 – room to grow,” Schultze-Kraft noted. This suggests that, in terms of aggregate unrealized profit, the market is not yet at levels that have previously coincided with macro tops. 2/ MVRV Pricing Bands: These bands are derived from the number of days MVRV has spent at extreme [...]

2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules.

Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K.

Cathie Wood predicts a surge in M&A activity under Trump’s administration, driven by deregulation and reduced FTC barriers.

Bitcoin (BTC) plunged over 9% on Friday to a 24-hour low of $92,118 at 6:30 a.m. Eastern Time. Bitcoin’s Sharp Decline Leads $1.4 Billion in Derivatives Liquidations This crash marks one of the most dramatic dips for the cryptocurrency this month. The wider crypto scene didn’t fare much better, shrinking by 11.94% to a total […]

Sui Network, the layer-1 blockchain, has gained interest in the cryptocurrency space due to its excellent performance and speed. Since its launch in May 2023, Sui quickly positioned itself as a huge player in the blockchain platform sphere, especially in real-time applications such as gaming and DeFi. Related Reading: Solana Poised For Growth In 2025 With Record $173 Million Q3 Funding—Report SUI: Surge In Popularity The expanding user base and market performance of SUI reflect a rise in interest. Lately, the price of the altcoin attained an unprecedented peak of nearly $5. Analysts predict that the coin may see further appreciation, potentially attaining $5.10, or even $6, by year-end. Sui’s unique design lets it handle up to 300,000 transactions per second, making it faster than blockchains that process transactions one by one. This speed appeals to both users and developers. Several elements also contribute to this impressive feat, among them the introduction of new features like [...]

Ethereum’s price is down today after it failed to hold the $3,500 support level, and panic selling threatens deeper corrections.

The cryptocurrency industry is under immense pressure, according to Robinhood CEO Vlad Tenev, who recently.. The post Robinhood CEO: Crypto Industry Facing “Relentless Assault” appeared first on 99Bitcoins.

Since Donald Trump’s election victory on November 5, Bitcoin (BTC) has experienced a substantial rally, reaching record highs above $108,000. However, this momentum has recently faltered, with the cryptocurrency dropping below the critical $100,000 mark, This has prompted analysts to speculate on a potential deeper correction with some experts believing Bitcoin could dip to levels around $85,000 or even $75,000 before resuming its upward trajectory. Is It A Temporary Setback Or The Calm Before A Final Surge? Analyst Morecryptoonl highlights that the current market dynamics suggest a substantial likelihood of Bitcoin moving toward $85,000. This projection stems from the observation that the recent wave of price action lacked the strength typically seen in bullish trends, failing to reach key extension levels.  The “overlapping and corrective nature” of the rally highlighted by the analyst further supports the idea that a significant pullback may be imminent. Should this scenario [...]

Love him or hate him, Martin Shkreli, aka Pharma Bro, is calling shorts on Bitcoin.. The post Martin Shkreli Loads Up MicroStrategy Shorts: Will Pharma Bro Beat Saylor? appeared first on 99Bitcoins.

Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain combining Bitcoin and Ethereum’s features, has integrated with Babylon, a bitcoin (BTC) staking protocol, to achieve Bitcoin-Secured Network (BSN) status. Babylon Collaboration Expands BOB’s Bitcoin Defi Ecosystem According to BOB’s announcement shared with Bitcoin.com News, the partnership marks a significant development in BOB’s roadmap, enhancing […]

Investors have filed a lawsuit against the creators and promoters of the Hawk Tuah (HAWK).. The post Investors Sue Entities Behind HAWK Memecoin, Alleging Unregistered Securities Offering appeared first on 99Bitcoins.