When will Bitcoin bounce back? Top analyst analyzes previous major corrections

With Bitcoin (BTC) trading about 50% below its all-time high, investors are once again asking the familiar question: How long does the recovery typically take? Market analyst Sam Daodu believes history offers valuable clues. No systemic Bitcoin collapse this time? Daodu notes that steep corrections are not unusual for Bitcoin. Since 2011, the cryptocurrency has […]

UNI surges 10% as BlackRock brings Treasury-backed BUIDL token to Uniswap

Uniswap’s native token, UNI, posted sharp gains on Wednesday after the world’s largest asset manager, BlackRock, announced plans to bring its Treasury Department-backed digital fund, BUIDL, onto the decentralized finance (DeFi) platform. This move, which also includes BlackRock’s intention to purchase UNI tokens, fueled a strong rally for the token during the trading session. BUIDL […]

Ripple wins major banking partnership in UAE to support digital asset infrastructure

Ripple has secured a new strategic partnership in the United Arab Emirates (UAE), as the country continues to position itself as a regional hub for digital assets and blockchain innovation. The company announced Tuesday that it is expanding its relationship with Zand, a UAE-based digital bank built around artificial intelligence (AI) and blockchain technology, to […]

Bitcoin is hovering near $69,700 as market volume shrinks to $111 billion. What experts say

Bitcoin fell to $69,700 on Tuesday, as 24-hour trading volume fell sharply from over $300 billion to almost $111 billion. The cryptocurrency was trading at $69,678.In the past 24 hours, Bitcoin and Ethereum are down 2%. Other altcoins, such as XRP, BNB, Solana, Tron, Dogecoin, Cardano and Hyperliquid fell more than 6%. According to CoinMarketCap, […]

Bitcoin Rebounds From Last Week’s $62K Dip, Consolidating Nearly $70K After a Long Liquidation

Bitcoin recovered from Friday’s low of $62,500 to consolidate at $70,000 after a sharp sell-off washed away a large chunk of leveraged long positions and eased downward pressure. The cryptocurrency was trading at $70,839.Over the past 24 hours, Bitcoin rose 2.17%, while Ethereum was flat, declining marginally by 0.02%. Among the major altcoins, XRP, Tron, […]

Can Solana Price Still Hit a New ATH After Crashing to a Two-Year Low?

Market expert Umair Crypto has released an updated technical analysis of last week’s Solana price. The analyst emphasized this in his new report Solana’s market structure still remains decisively bearishespecially after the recent crash to a two-year low. Despite the downtrend, Umair Crypto believes Solana can still build enough momentum to reach higher levels. He […]

Crypto company accidentally sends $40 billion worth of bitcoin to users

A South Korean cryptocurrency exchange apologized Saturday after accidentally transferring more than $40 billion worth of bitcoin to users, briefly sparking a selloff on the platform.Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $40 billion, and blocked trading and withdrawals for the 695 affected users within 35 minutes after the error occurred […]

Bitcoin Needs to Fall 90% for Years to Pressure Strategy’s Debt, Says CEO

The Strategy’s leadership is pushing back against this growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress if the cryptocurrency’s price continues to fall. After the company announced its fourth-quarter results, CEO Phong Le sought to reassure investors that the company remains well-positioned even as Bitcoin fell nearly […]