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Bitcoin is heading toward its first real recession-era test as a mature institutional asset after Moody’s recession model rose to 48.6%, a level that, in that historical series, has not previously been reached without a recession following within 12 months.The historical ‘point of no return’ signal arrives as US growth slows, the labor market weakens, oil trades above $100, and Bitcoin has started to post gains over the past week and month.That combination sets up a clearer test than the brief COVID downturn: whether Bitcoin trades like a risk asset when the economy softens the slow way, or holds up…

Citigroup cuts Bitcoin and Ethereum targets as slower US policy timeline trims the upside caseCitigroup has cut its 12-month targets for Bitcoin and Ethereum, lowering its Bitcoin forecast to $112,000 from $143,000 and its Ethereum forecast to $3,175 from $4,304.The March 17 revision marks a sharp step down from the bank’s December view and ties that reset to slower US legislative progress, a delay that Citi said is weighing on the policy support it had expected to help drive ETF demand and wider adoption.The cuts are large enough to change the shape of the one-year crypto outlook without turning Citi…

US Senator Tim Scott says he is expecting a possible compromise this week on a stablecoin yield payments provision that has stalled a crypto market structure bill in the Senate.“I believe that this week we will have the first proposal in my hands to take a look at,” Scott, the chair of the Senate Banking Committee that is working to advance the bill, said on Tuesday at a crypto lobby event in Washington, D.C.“If that actually happens before the end of this week, and I think that it will […] I think we’re going to be in much better shape,”…

XRP (XRP) is trading just above a level heavily targeted by derivative traders, making it a critical zone for near-term price action.The payments-focused cryptocurrency changed hands at around $1.50 at press time, placing just above a notable concentration of options activity at $1.40 on crypto exchange Deribit. XRP is used by Ripple to facilitate cross-border transactions. Options are derivatives contracts whose value is derived from an underlying asset, in this case XRP. They give traders the right, but not the obligation, to buy or sell XRP at a specific price (known as the strike) before a set expiry date. Call…

More Australians reported using cryptocurrency to pay for goods and services in 2026 compared to the year before, but banking friction has continued to weigh on crypto users, according to a newly published report by crypto exchange Independent Reserve.The annual survey of 2,000 “everyday Australians” was conducted between Jan. 12 and Jan. 30.It found that the share of Australians using crypto to buy goods or pay for services doubled from 6% to 12%, with the report suggesting “more Aussies are viewing crypto as a practical payment method rather than just a speculative bet.”Among the respondents who used crypto for goods and…

Shares in Core Scientific moved lower on Monday after the Bitcoin miner and artificial intelligence compute provider’s fourth-quarter earnings missed analyst expectations amid a late-year drop in crypto markets.Core Scientific reported Q4 revenues of $79.8 million, down 16% from the year-ago quarter and missing Wall Street expectations of $90.4 million. Its crypto mining revenue fell nearly in half from Q4 2024 to $42.2 million.The company posted net income of $216 million for the quarter, largely boosted by a $330.3 million fair value gain on its non-cash holdings. Its adjusted EBITDA showed a loss of $42.7 million. Shares in Core Scientific…

After the Bitcoin price recovered from the flush to $63,000 over the last week, expectations are that the uptrend could continue. This has sparked predictions for the next rally and that the BTC price could move above $70,000 as a result of this. However, one analyst has thrown a wrench in this move, predicting that there could be another crash coming. This could lead to the final bottom, but suggests that much lower prices are coming first. The Ending Diagonal That Suggests Bitcoin Is Headed Downward EduwaveTrading posted an analysis on the TradingView website that paints a rather bearish picture…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As bearish pressure returns to the cryptocurrency market, the price of Ethereum has lost the $2,000 level. Despite the fact that volatility still lingers, conviction is building among investors again, as indicated by the steady inflows of capital into ETH accumulation wallet addresses. A Steady Stream Of Ethereum Flows Ethereum’s price may be struggling with ongoing volatility, causing it to revisit a key support level, but the activity of investors is painting a different story. A recent report indicates a persistent bullish sentiment and activity among ETH…

The exchange’s Nasdaq 100 “yes-or-no” contracts would be listed as securities, not derivatives — potentially redefining how federal regulators divide oversight of prediction markets.First, Dow Jones partners with Polymarket. Now, Nasdaq is getting in on the prediction market boom.Nasdaq Inc. plans to roll out options contracts that would allow yes-or-no bets on a major stock index, as first reported by Bloomberg. Through its subsidiary Nasdaq MRX, the exchange operator filed a proposed rule change with the US Securities and Exchange Commission to introduce “Outcome Related Options.”How Nasdaq MRX binary options would workAccording to the filing, Nasdaq wants to “list binary…

​The price of Bitcoin is close to its bottom, according to VanEck CEO Jan van Eck, pointing to the winding down of the four-year cycle.Speaking with CNBC on Monday, van Eck said his firm expects Bitcoin (BTC) to gradually start picking up this year, arguing that the four-year halving cycle has been the primary driver of price over the past few months, as opposed to anything related to BTC’s fundamentals.“Our view coming into 2026 is that Bitcoin is governed by […] limited supply at 21 million, and the halving cycle where the Bitcoin miners who run the network get paid…