Author: driver789
Perma-bears, much like their hyper bullish counterparts, love shoehorning patterns into the chaos to prop up their gloom. Take Michael Burry, the “Big Short” oracle famed for doomsday calls, who’s now comparing bitcoin’s ongoing bear market with the 2022 brutal plunge , ominously hinting this crash has legs to run much deeper.In a post on X in early Asian hours Thursday, Burry highlighted similarities between BTC’s drop from the October high of $126,000 to $70,000 and Bitcoin’s late 2021 and 2022 plunge, claiming in a chart that patterns match perfectly so far.The previous bear market saw bitcoin fall from around…
APT Price Prediction: Oversold Bounce Could Target $1.31 by Mid-February – BitRss – Crypto World News Blockchain News 11 minutes ago 12 Technical indicators suggest APT ($1.16) may find support near $1.12 with potential recovery to $1.31 resistance if oversold conditions reverse in the coming weeks. APT Price Prediction Summary • Short-te… (Read More) BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage Analysis APT Price Prediction: Oversold Bounce Could Target $1.31 by Mid-February BitRss World Crypto News | Market BitRss | Short Urls Design By New Web | ScriptNet
What to Know: Tether’s record-breaking $187B market cap indicates massive liquidity waiting to deploy into risk assets. Market cycles historically see capital rotate from stablecoins to high-beta tokens, benefiting projects with strong narratives. Maxi Doge ($MAXI) targets this risk-on sentiment with a unique “leverage culture” utility and trading competitions. Smart money is rotating into early-stage utility, with over $526k already raised for the new L3 protocol. The stablecoin landscape has officially entered uncharted territory. Tether (USDt) has surged past a $187B market capitalization in the fourth quarter of 2025. This isn’t just a vanity metric for the issuer; it represents…
Ethereum’s price crash leaves ETH stuck in a firm downtrend, with negative flows and weak momentum making a sustained reclaim of $3,000 in February increasingly unlikely. Summary Ethereum price trades near $2,111 after a steep drawdown, with four‑hour MACD and RSI signaling only a corrective bounce inside a broader downtrend. Daily CMF, DMI, and ADX confirm sustained capital outflows and strong trend strength, keeping February recovery odds toward $3,000 low. Analyst Leshka still sees a 3x–4x six‑month upside on fractal and supply‑squeeze signals, but only once the current de‑risking phase and drawdown fully exhaust. Ethereum’s (ETH) price and latest selloff…
As Treasury Secretary Scott Bessent testified before the House Financial Services Committee Wednesday morning, Rep. Brad Sherman pressed Bessent over whether the U.S. government could ever step in to “bail out” bitcoin. Bessent was presenting over the Financial Stability Oversight Council’s annual report on emerging economic risks and much of the comments and questions from the Council reference the Trump administration growing scrutiny over its economic agenda. During a tense exchange, Sherman referenced the 2008 financial crisis and argued that bailouts have historically protected powerful institutions when markets collapse. He asked whether Treasury or federal financial regulators could take similar…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Vitalik Buterin is signaling a major reframing of Ethereum’s layer-2 narrative: not the death of rollups, but the end of the idea that L2s are shards whose primary job is scaling the network. With L1 fees now low and gas limit projected to rise sharply in 2026, he argues the rollup-centric roadmap’s original premise no longer fits the reality on the ground. Buterin opened his X post on Feb. 3 by pointing to two pressures that have been building in parallel: L2s have moved to “stage 2”…
Bitcoin (BTC) fell below $70,000 on Thursday as suspicions over coordinated selling boiled over.Key points:Bitcoin tumbles below 2021 highs for the first time since November 2024.Gold and silver volatility spark copycat BTC price maneuvers as lower targets stay in play.Market participants believe that large entities are selling BTC on a schedule.Bitcoin collapses to $69,000 in fresh cascadeData from TradingView captured new 15-month BTC price lows of $69,100 on Bitstamp during the Asia trading session. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewThe latest plunge marked Bitcoin’s first trip to the $60,000 range since early November 2024. In doing so, it sparked $130 million…
Vitalik Reframes Ethereum L2 Strategy as ETF Inflows Return and Mainnet Scaling Accelerates
Ethereum (ETH) is entering a new phase in which long-held assumptions about scaling are being openly questioned. As spot Ethereum ETFs post their first net inflows after several days of outflows, and on-chain data shows renewed activity on the mainnet, Ethereum co-founder Vitalik Buterin is urging the ecosystem to rethink the role of layer-2 networks. Related Reading Vitalik’s message is direct, Ethereum’s base layer is scaling fast enough that L2s are no longer essential as capacity providers, and their future value lies elsewhere. ETH’s price trends to the downside on the daily chart. Source: ETHUSD on Tradingview Ethereum Mainnet Scaling…
Crypto billionaire Justin Sun endorsed Tron Inc.’s strategy of stacking the TRX token, which has recently outperformed bitcoin BTC$70,853.46, as a core treasury asset, spotlighting their latest dip buy with a simple “keep going” on X. The Nasdaq-listed Tron Inc. announced that it acquired 175,507 TRX tokens on Wednesday at an average price of $0.28, for a fresh investment of just over $49,000 in the Tron blockchain’s native token. The latest purchase boosted its TRX stash to 679.9 million tokens ($540 million).The company plans to further grow its TRX holdings to enhance long-term shareholder value.Tron Inc. — formed via a…
Russia’s Moscow Exchange (MOEX) is moving to broaden which digital assets it tracks and trades. Reports say the exchange plans to roll out new indices and futures tied to XRP, Solana, and Tron this year. That will give traders ways to follow price moves without owning the coins directly. New Crypto Indices Planned According to local coverage, Maria Silkina, who runs the derivative products group at the exchange, outlined the expansion on a recent radio broadcast. MOEX already lists benchmarks for Bitcoin and Ethereum. Now the exchange is preparing indices that mirror three more of the bigger, actively traded tokens,…