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The XRP price has hit oversold levels, marking its lowest readings in history. A crypto analyst has reported that each time XRP has reached these levels, a price bounce has followed. Based on this, he believes that XRP could be on the verge of another major rebound, projecting a potential rally above $2. XRP Price Sinks To Oversold Levels Ahead Of Rebound A crypto market analyst known as ‘Ripple Bull Winkle’ on X has outlined a short-term bullish outlook for XRP. Despite consistently breaking key support levels and now trading around $1.4, the analyst argues that XRP may be positioning…
Strategy’s Bitcoin reserves cover debt, and only a prolonged drop to $8,000 could possibly force restructuring. Strategy CEO Phong Le told investors on Thursday that the company’s balance sheet remains stable despite recent crypto market turbulence, though extreme scenarios could pose challenges. The firm, the world’s largest corporate Bitcoin (BTC) holder, says it would only need to consider restructuring or additional capital if the cryptocurrency fell to $8,000 and remained there for five to six years. Balance Sheet Holds Amid Bitcoin Sell-Off According to reporting by The Block, Le, speaking during Strategy’s fourth-quarter earnings call, emphasized that even after recent…
Google search volume for the term “Bitcoin” surged over the past week as the asset’s price briefly fell to the $60,000 level for the first time since October 2024.Google Trends provisional data shows worldwide searches for “Bitcoin” reached a score of 100 for the week starting Feb. 1, the highest level in the past 12 months. The previous peak was a score of 95 in the week of Nov. 16–23, when Bitcoin (BTC) slipped below the psychological $100,000 level for the first time in nearly six months. Google search interest for the term “Bitcoin” surged since Feb. 1. Source: Google TrendsGoogle…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s (ETH) latest downturn below $2,000 is no longer confined to price charts alone. Capital flows, on-chain data, and technical structure are now aligning with the bearish momentum, supporting concerns that the selloff may have further room to run. Related Reading: Bitcoin Price May Slide Toward $50,000 By March-April, Top Analyst Warns As ETH breaks below key support zones, fresh ETF outflows and shifting investor behavior are adding pressure at a time when confidence already looks fragile. ETH’s price trends to the downside on the daily chart.…
Traders suggest unusual activity in IBIT may point to Hong Kong–based hedge funds, though no hard evidence has emerged.Unusual trading in BlackRock’s bitcoin ETF, iShares Bitcoin Trust (IBIT), has led traders to speculate that this week’s sharp Bitcoin drop may have been triggered by one or more Hong Kong–based hedge funds, rather than selling pressure from crypto traders.The theory was laid out in a post on X by Parker White, the COO and CIO of DeFi Development Corp, and centers around record trading and options activity in IBIT.Bitcoin (BTC) fell sharply over the past week, dropping 16%, and trading as…
TLDR: NFT trading volumes collapsed from $2.9 billion in 2021 to just $23.8 million by early 2025 quarterly data. Major platforms including Nifty Gateway, Foundation, and MakersPlace announced closures within days in January 2026. Centralized storage systems left 27% of top NFT collections vulnerable to permanent loss after server shutdowns. OpenSea recaptured 67% of Ethereum NFT volume by expanding into fungible tokens as competitors exited the market. The digital art marketplace landscape has undergone a dramatic transformation as prominent NFT platforms cease operations. Trading volumes collapsed from $2.9 billion in 2021 to $23.8 million by early 2025, representing a…
After several consecutive all-time lows, where is PI’s bottom and how deep can it plunge? It has been just under a year since the controversial project’s native token began trading on several exchanges. The journey so far has been quite underwhelming for investors, who saw the PI token rocket to an all-time high of $2.99 in late February 2025 and then experienced what can only be described as a massive cataclysmic nosedive. PI dumped by more than 95% in less than a year. The past few weeks have been particularly painful as the token crashed to consecutive all-time lows, with…
BlackRock’s spot bitcoin BTC$70,247.47 exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to gauge how institutions are positioning in the market.Now they might have to do the same with options tied to the ETF, as activity exploded during Thursday’s crash. According to one observer, the record activity stemmed from a hedge fund blowup, while others disagreed, citing routine market chaos as a catalyst.What really stood outOn Friday, as the ETF tanked 13%…
Cardano price dropped to near $0.26 as cryptocurrencies continued to struggle. ADA bulls face further pain if the price breaks below $0.25. Bitcoin’s crash to under $70,000 amid bear cycle fears is a major trigger. Cardano price fell more than 9% to extend its downturn, with this coming as Bitcoin tumbled to below the $70,000 support level. With BTC dragging the broader crypto market into turmoil, Cardano (ADA) dropped to lows of $0.26, signaling prolonged downside risks in this bear cycle. Other altcoins had it even rougher, with XRP plummeting 14% to under $1.40 and Solana breaching support at $90.…
Bitcoin price is experiencing one of the most dramatic selloffs in its history Thursday, sliding sharply through key support levels and sparking massive liquidations in the derivatives market. According to Bitcoin Magazine Pro data, the world’s largest cryptocurrency crashed through critical floors, dipping towards the $62,000 floor, marking the largest raw dollar drawdown ever recorded for BTC. The October 2025 all-time high above $126,000 now sits roughly $63,000 above current bitcoin price levels, as panicked selling intensified across exchanges. This drawdown is now 50% from all-time highs and places it alongside some of Bitcoin’s most extreme historical corrections, even greater…