🔍 🔴😞 Market Analysis: 16-11-21

In the wake of a dramatic four-hour window, Bitcoin nosedived below $98,000—its lowest since May—setting off alarms across the entire crypto landscape. The drop triggered over $1.1 billion in derivatives liquidations, rattling traders and amplifying fears that the market may not have found it... ... Read full 🔴😞 Market Analysis: 16-11-21

Cardano wallet activates after 5 years, loses $6 million in disastrous ADA-to-USDA swap

Cardano wallet activates after 5 years, loses $6 million in disastrous ADA-to-USDA swap

A Cardano wallet holder lost over $6 million today in a disastrous swap after five years of inactivity, according to on-chain data reported by ZachXBT.The holder exchanged 14.4 million ADA tokens, valued at $6.9 million, for 847,000 USDA. USDA is a Cardano native stablecoin launched by Anzens design…

Goldbug Peter Schiff Calls MSTR a ‘Fraud’—Analysts Say It Could Still Outperform Bitcoin

Goldbug Peter Schiff Calls MSTR a ‘Fraud’—Analysts Say It Could Still Outperform Bitcoin

MicroStrategy (MSTR) is at the center of a heated debate, as Peter Schiff labels the company’s business model a fraud. Schiff warns that MSTR’s reliance on high-yield preferred shares and income-oriented funds is unsustainable, predicting that the company could eventually go bankrupt.Yet analysts an…

Peter Schiff calls Strategy's model 'fraud,' challenges Saylor to debate

Peter Schiff calls Strategy's model 'fraud,' challenges Saylor to debate

Gold investor Peter Schiff called Strategy’s business model, which hatched the biggest Bitcoin treasury company in the world, a “fraud” on Sunday and challenged the company’s founder, Michael Saylor, to a debate. Schiff, who is one of crypto and Bitcoin’s harshest critics and a staunch gold advocat…

Bitcoin falls nearly 2% to $93,684

Bitcoin falls nearly 2% to $93,684

Bitcoin, the world's largest cryptocurrency by market value, was down by 1.59% at $93,684 at 4:21 p.m. ET (2121 GMT) on Sunday.

Death Cross Confirmed: Is Bitcoin Bottoming or About to Crash?

Death Cross Confirmed: Is Bitcoin Bottoming or About to Crash?

The Bitcoin price action triggered a Death Cross on Sunday, November 16, after its 50-day moving average dipped below the 200-day moving average.Historically considered a bearish technical signal, the event has sparked fresh debate among traders and analysts. The key question: does this mark a loca…

Bitcoin briefly erases 2025 gains as crypto bleeds over weekend

Bitcoin briefly erases 2025 gains as crypto bleeds over weekend

Bitcoin briefly lost all of its gains this year after the crypto markets bled over the weekend, despite the US government reopening on Thursday, which was expected to provide much-needed relief to the markets.Bitcoin (BTC) fell to a low of $93,029 on Sunday, down 25% from its all-time high in Octobe…

Strategy's Saylor Teasing Massive Bitcoin Purchase. Will He Save BTC?

Strategy's Saylor Teasing Massive Bitcoin Purchase. Will He Save BTC?

Strategy co-founder Michael Saylor has teased a "big week" in his recent social media post, apparently alluding to more Bitcoin accumulation. ₿ig Week pic.twitter.com/a27eg6Kw4vThe controversial executive typically posts a chart with orange dots before announcing BTC purchases on Monday. Based on Sa…

Tom Lee Sees Bitcoin’s 100x Logic Now Playing Out in Ethereum

Tom Lee Sees Bitcoin’s 100x Logic Now Playing Out in Ethereum

Bitcoin has surged nearly 100x since Fundstrat recommended it near $1,000 in 2017, enduring six corrections exceeding 50% and three over 75%. Tom Lee, Fundstrat’s Chief Investment Officer, now points to Ethereum following a similar path.Meanwhile, Bitwise CEO Hunter Horsley notes that Bitcoin’s $1.…

Is XRP Going Down? Huge 20x Short Position Sparks Concerns

Is XRP Going Down? Huge 20x Short Position Sparks Concerns

Most cryptocurrencies, especially in the top 100, are trading down early Sunday session, including XRP.At the time of writing, XRP was down 1.34% in the last 24 hours to $2.22. XRP is entering its sixth day of drop from the Nov. 11 high of $2.56 to reach a low of $2.18 early Sunday.According to Trad…

Cardano wallet activates after 5 years, loses $6 million in disastrous ADA-to-USDA swap

Cardano wallet activates after 5 years, loses $6 million in disastrous ADA-to-USDA swap

A Cardano wallet holder lost over $6.1 million today in a disastrous swap after five years of inactivity, according to on-chain data reported by ZachXBT.The holder exchanged 14.4 million ADA tokens, valued at $6.9 million, for 847,000 USDA. USDA is a Cardano native stablecoin launched by Anzens desi…

The Bitcoin vs Zcash debate intensifies as ZEC reclaims $700 level

The Bitcoin vs Zcash debate intensifies as ZEC reclaims $700 level

The debate between the Bitcoin and Zcash communities intensified on Sunday as the price of Zcash recovered to over $700, after falling to a low of $598 on Saturday.“The ‘Bitcoin only, everything else is a scam’ crowd is going to get really twisted trying to figure out what to say about Zcash,” the…