BitMEX co-founder Arthur Hayes reaffirmed his $250,000 Bitcoin price target by year-end, describing the recent dip to $80,600 as the market bottom. Speaking on the Milk Road podcast, Hayes said dollar liquidity has bottomed, setting the stage for higher prices in risk assets. Hayes explained that Bitcoin fell from $125,000 to $80,000 due to a…
CoinShares, one of the leading cryptocurrency-focused firms, announced on Friday that it has withdrawn all of its applications to launch spot crypto ETFs in the United States, including those for XRP and SOL. Despite the withdrawal, demand for these major altcoins on Wall Street remains strong, with cumulative inflows for both XRP and SOL surpassing…
New data from CryptoQuant reveals that Bitcoin is seeing a sharp rise in large-scale inflows to Binance, totaling $7.5 billion over the past 30 days—the highest level recorded this year. Analysts warn that this trend closely mirrors conditions seen in March 2025, just before Bitcoin fell sharply from $102,000 to the low $70,000 range. CryptoQuant…
Bitcoin (BTC) surged to approximately $92,000, marking a 6% increase following significant institutional buying and large withdrawals from exchanges. Analysts interpret these movements as strong signals of heightened interest from major market participants, reflecting renewed confidence in the cryptocurrency’s short-term trajectory. Institutional Activity and Exchange Withdrawals The rebound in Bitcoin coincided with the overnight withdrawal…
Solana (SOL) is currently holding a crucial multi-month support zone around $143 following several weeks of downward pressure. Analysts note that this support level has historically acted as a demand zone, where buyers have stepped in to defend the price over the past two years. Price Rebound and Volume Analysis According to cryptocurrency analyst DaanCrypto,…
Pi Network has formed a strategic partnership and investment deal with CiDi Games to develop Pi-integrated gaming titles, expand the real utility of the Pi token, and strengthen gaming as a core pillar of its ecosystem. Strategic Partnership and Investment Deal Pi Network announced the agreement with CiDi Games, a gaming platform focused on building…
According to SoSoValue data, the 12 spot Bitcoin ETFs have seen $22.45 million in net outflows so far this week, following three straight weeks of outflows exceeding $1.1 billion each. This brings total November outflows to $3.57 billion, a sharp reversal from the strong gains recorded in the previous two months, when inflows reached $3.53…
A major ETF filing has given SOL a timely lift, paving the way for what analysts describe as a potentially significant market shift. Franklin Templeton has made a move that could refocus attention on Solana at a time when interest in altcoin ETFs is quietly growing. The asset manager filed Form 8-A with the U.S….
BNB is currently trading around a level that previously signaled a breakout in 2024, according to market data. After retreating from its recent peak, the cryptocurrency is now testing a former resistance zone that has flipped into support. The digital asset has slipped over the past week, based on recent price data. Details are provided…
Bitcoin is experiencing its longest weekly slump in over a year, putting the cryptocurrency on course for its worst quarterly performance since 2018, with analysts warning of a potential bull trap. Bitcoin has recorded its fourth consecutive weekly loss, marking the cryptocurrency’s longest downtrend since June 2024, even as it begins recovering some of last…