Author: driver789

The crypto market may be closing in on the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk-off event to push bitcoin BTC$78,858.30 significantly lower.“While near-term risk remains skewed to the downside, we believe we’re approaching the final innings of the crypto bear market,” analysts Ed Engel and Michael Donovan wrote in a report Monday. “Further downside would likely require a U.S. equity bear market.”Their base case calls for bitcoin to bottom between $60,000 and $68,000, a zone where long-term holders have shown buying conviction in past cycles. “We see very strong…

Unclaimed Ether (ETH) from the infamous 2016 hack on The DAO will be redirected into a new security fund aimed at strengthening the network, says Ethereum advocate Griff Green.“There’s a lot of money just sitting in random contracts that were supposed to be returned to people who were affected by the hack,” Green said in an interview on Thursday with Unchained podcast host Laura Shin, reiterating plans to launch the security fund. The DAO was a decentralized autonomous organization that an anonymous hacker exploited in June 2016 to siphon more than $50 million worth of Ether at the time.The incident led…

Bitcoin.com has added support for Zano, the most advanced privacy blockchain. This marks another major step toward making privacy-first finance accessible to millions worldwide.👉 Get ZANO in the Bitcoin.com Wallet App now 👈Why This MattersIn today’s world, financial privacy isn’t just a luxury — it’s a necessity. Every transaction leaves a trace, and without privacy, individuals are vulnerable to surveillance, exploitation, and censorship. That’s why Bitcoin.com is dedicated to integrating tools that put financial control back into users’ hands. And Zano? It’s built for exactly that purpose.https://medium.com/media/8cfbeae8cb679013dd3e3c191454257e/hrefBitcoin.com CEO Corbin Fraser put it best: “Financial transactions are deeply personal. Privacy should not be optional — it should be…

Newly released Epstein files show that Jeffrey Epstein received an email in March 2019 highlighting what was described as a “massive controversy” surrounding Coinbase and its acquisition of blockchain analytics firm Neutrino. The email, dated March 12, 2019, was sent by Richard Kahn, a New York–based finance consultant who appears repeatedly in the files as a source of forwarded news and analysis.  The subject line references claims attributed to the CEO of Kraken and mentions Ripple’s XRP ($1.63) alongside Neutrino. Email Sent to Epstein About the Coinbase and Neutrino Controversy. Source: DOJ How a 2019 Crypto Crisis Landed in Epstein’s…

Raoul Pal is pushing back on the idea that crypto’s current drawdown signals a broken market cycle, arguing instead that bitcoin and high-beta risk are being hit by a temporary US liquidity air pocket tied to Treasury cash management and government shutdown dynamics. In a weekend post on X framed as a takedown of “false narratives,” the Global Macro Investor founder said the prevailing story—“that BTC and crypto are broken. The cycle is over”—has become an “alluring narrative trap,” especially as “prices [are] puking each and every fucking day.” But Pal said a separate question from a GMI hedge fund…

The Dow Jones Index and the crypto market slipped as investors reacted to Donald Trump’s decision on Kevin Warsh to be the next Federal Reserve Chairman. Summary The Dow Jones Index dropped by over 0.40% on Friday. The crypto market also dropped, with Bitcoin and most altcoins being in the red. These assets dropped after Donald Trump nominated Kevin Warsh for the Fed Chair. The Dow Jones, S&P 500, and Nasdaq 100 indices dropped by over 40 basis points, while the crypto market crash gained steam. Bitcoin (BTC) moved below $82,000 for the first time in weeks. Ethereum (ETH) dropped…

The U.S. government has taken full legal ownership of more than $400 million in seized cryptocurrency, cash, and real estate tied to Helix, once one of the most widely used bitcoin mixing services on the darknet. A federal judge in Washington, D.C., entered a final order of forfeiture on Jan. 21, transferring the assets to the government following the conviction of Helix operator Larry Dean Harmon. The forfeiture includes thousands of bitcoin, hundreds of thousands of dollars in cash, and an Ohio mansion purchased during the peak of Helix’s operation. Helix functioned as a cryptocurrency mixer, pooling and rerouting bitcoin…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum and Solana are gradually demonstrating bullish movements following a rebound on Tuesday, but the broader outlook still appears to be bearish. On-chain metrics are flashing caution as selling pressure continues to dominate among investors of ETH and SOL, suggesting an extension of the ongoing volatile market. Market Balance Tilts Bearish For Ethereum And Solana While the broader cryptocurrency market has faced steady downside pressure over the past few weeks, the market dynamics of both Ethereum and Solana are undergoing a crucial shift. This shift is being…

Key takeaways:Bitcoin fell to $74,680 after futures market liquidations, yet derivatives data show no signs of panic or extreme bearishness.Spot Bitcoin ETF outflows reached $3.2 billion, but represent less than 3% of assets under management.Bitcoin (BTC) price plunged to $74,680 on Monday after a total of $1.8 billion in bullish leveraged positions were liquidated since the market downturn on Thursday. Traders moved into cash and short-term government bonds, especially after silver prices fell 41% over three days. Concerns over stretched valuations in the tech sector pushed investors into a more risk-averse stance.Traders fear that further downside for Bitcoin remains possible…

The Bitcoin and Ethereum prices rallied after reports of the US dollar crashing spread across the market. Recent data show that the US dollar has fallen to its lowest level in four years, raising concerns about the strength of the world’s dominant reserve currency. As the dollar weakens, market players are beginning to shift attention to alternative assets such as precious metals and digital currencies, including BTC, which is increasingly viewed as a potential hedge against rising inflation and currency depreciation.  US Dollar Falls To Lows Not Seen In 4 Years New reports from Bloomberg highlight the relentless slide in…