🔍 🔴😞 Market Analysis: 21-11-15

Crypto markets remain gripped by a fresh wave of pessimism as Bitcoin extends its decline below $89,000, carving out a seven-month low in the process. A cascade of risk-off sentiment is rippling through global markets, with plummeting equities, gold, and now cryptocurrency confirming investors’... ... Read full 🔴😞 Market Analysis: 21-11-15

Bitcoin Price Analysis: Will BTC’s Brutal Sell-Off Stop After Drop Below $81K?

Bitcoin Price Analysis: Will BTC’s Brutal Sell-Off Stop After Drop Below $81K?

Bitcoin continues to bleed, printing new local lows as the market fails to find strong support. The broader structure has broken down, and sellers remain in control after a series of distribution moves near the highs. Despite oversold signals creeping in, the lack of a proper futures capitulation ke…

Cardano (ADA) Whale Records $6.2 Million Loss In Botched USDA Stablecoin Swap

Cardano (ADA) Whale Records $6.2 Million Loss In Botched USDA Stablecoin Swap

A sleeping Cardano (ADA) whale has lost over $6 million in a single trade after attempting to convert 14.4 million ADA to USDA.

Bitcoin Price Drops Below $85,000, on Pace for Worst Month Since 2022 — WSJ

Bitcoin Price Drops Below $85,000, on Pace for Worst Month Since 2022 — WSJ

By WSJ StaffBitcoin prices extended declines on Friday.The largest cryptocurrency stood at around $82,800 in recent trade, down by over one-quarter this month, according to Dow Jones Market Data.Those losses put it on track for its worst month since June 2022, according to Dow Jones Market Data.That…

Cardano Faces Mainnet Glitch, What's Happening?

Cardano Faces Mainnet Glitch, What's Happening?

Cardano blockchain experienced a glitch on the mainnet, which has impacted block production. As highlighted by a member-based organization for the Cardano ecosystem, Intersect, the problem caused block production to slow down considerably.Cardano glitch being fixedAccording to Intersect, the team i…

Bitcoin Depot Founder Steps Down as CEO, to Be Succeeded by Operating Chief

Bitcoin Depot Founder Steps Down as CEO, to Be Succeeded by Operating Chief

By Nicholas G. MillerBitcoin Depot appointed current Chief Operating Officer Scott Buchanan as chief executive, effective Jan. 1, to succeed company founder Brandon Mintz, who will continue as executive chairman.Mintz will now dedicate more time to the company's strategic vision and evaluating growt…

Bitcoin Price Tumbles Below $85,000 As Expert Blames Dip On Capital Rotation Between OGs And TradFi

Bitcoin Price Tumbles Below $85,000 As Expert Blames Dip On Capital Rotation Between OGs And TradFi

Bitcoin (BTC) is in the throes of a steep decline after prices of the premier cryptocurrency slide toward $80K.

Ripple CEO, Solana President to Speak at Major Binance Event, What's Next?

Ripple CEO, Solana President to Speak at Major Binance Event, What's Next?

In a recent tweet, Ripple CEO Brad Garlinghouse shares his excitement about the upcoming Binance event, Binance Blockchain Week, scheduled for Dec. 3 to 4 in Dubai.The Ripple CEO will be on stage for a panel with the theme "the path ahead/moving forward" alongside Lily Liu, Solana Foundation preside…

Bitcoin falls below $84,000 Friday. Here's why stock-market investors are keeping close watch.

Bitcoin falls below $84,000 Friday. Here's why stock-market investors are keeping close watch.

By Barbara Kollmeyer and Joy WiltermuthBitcoin heads for its worst month in three yearsSelling of bitcoin and other cryptocurrencies kept pace early Friday.A selloff for bitcoin and other cryptocurrencies showed no signs of letting up on Friday, and investors were watching closely as a rout in those…

Crypto Selloff Accelerates Amid ETF Outflows — Market Talk

Crypto Selloff Accelerates Amid ETF Outflows — Market Talk

The selloff on cryptocurrency markets has accelerated amid exchange traded fund outflows, Saxo strategists say in a note. "Selling was triggered by nearly $900 million in spot bitcoin ETF outflows, led by iShares Bitcoin Trust." The iShares Ethereum Trust ETF also weakened further. Uncertainty aroun…

Bitcoin realized losses rise to FTX crash levels: Where is the bottom?

Bitcoin realized losses rise to FTX crash levels: Where is the bottom?

Bitcoin has taken a slide back to its April level of around $83,000, with mounting selling pressure prompting many investors to sell at a loss, reminiscent of major historic market crashes.Realized losses on Bitcoin have surged to levels not seen since the 2022 FTX collapse, according to blockchain…

Scott Bessent Stirs Headlines With Surprise Visit To Bitcoin Bar

Scott Bessent Stirs Headlines With Surprise Visit To Bitcoin Bar

A surprise appearance by US Treasury Secretary Scott Bessent at the opening of a Bitcoin-themed bar in Washington, DC, has drawn sharp attention from both crypto supporters and cautious observers.According to reports, Bessent stopped by Pubkey during its launch event, a move that many in the Bitcoin…

Saylor Finally Breaks Silence Amid Devastating Bitcoin Price Crash

Saylor Finally Breaks Silence Amid Devastating Bitcoin Price Crash

Former Strategy CEO Michael Saylor has finally broken the silence amid the ongoing Bitcoin price crash. Endure. pic.twitter.com/ZgpX2DuFwHThe controversial entrepreneur has taken to the X social media network to post just one word: "Endurance."Saylor has posted an AI-generated image of himself, whic…