Author: driver789

The Bitcoin price action over the last few months has been unpredictable. But one thing has been clear, and that is the fact that bears have remained firmly in control of the price action. From here, there are a number of ways that the Bitcoin price could play out, with most speculations pointing toward a possible recovery. However, there are levels that the Bitcoin price must maintain in order to actualize this recovery or risk losing ground to bears. Bitcoin Price Needs To Hold Above $60,000 Crypto Analyst Swallow Academy, in a recent analysis, showed that the $60,000 level has become one…

Canaan (CAN) has acquired Cipher Mining Technologies Inc.’s (NASDAQ: CIFR) 49% stake in three fully operational West Texas mining projects, marking a significant step in its strategy to integrate low-cost power with high-performance computing. The transaction, valued at approximately $39.75 million, according to a note shared with Bitcoin Magazine, was completed entirely through the issuance of Canaan shares, priced at $0.7394 per American Depositary Share (ADS), giving Cipher a meaningful equity position in Canaan. The assets acquired — Alborz LLC, Bear LLC, and Chief Mountain LLC — operate a combined 120 MW of power capacity and deliver a total of…

Crypto exchange Gate has secured a Payment Institution license in Malta, a license under the European Union’s PSD2 framework, giving the crypto exchange a regulated foothold to offer payment services across the bloc alongside its existing crypto permissions.The company said Thursday that its Malta-based entity, Gate Technology, received the license from the Malta Financial Services Authority (MFSA). Gate said the approval supports its strategy of linking traditional payment infrastructure with Web3 services in Europe.The authorization adds payment capabilities to Gate’s existing EU crypto permissions. On Oct. 1, 2025, Gate announced that it had obtained a license under the EU’s Markets…

A big crypto trader lost $8.2 million after a leveraged bet on the ARC perpetuals market unraveled on the decentralized derivatives platform Lighter, forcing the platform to tap its backstop liquidity and trigger auto-deleveraging to manage risk.In a series of posts on X, the platform explained that the whale built a very large long position over several days, pushing total open interest in the ARC (ARC) market to about $50 million, while about 600 traders and market makers took the opposite side.The trade began to fail when ARC’s price dropped around 6:00 pm ET on Wednesday. About $2 million of…

Bitcoin came within touching distance of $70,000 on Wednesday before pulling back to around $68,300 in Thursday morning trading, a nearly 5% swing from the session high to the overnight low of $67,700. The move marks the strongest attempt to reclaim the $70,000 level since the Feb. 5 crash but stopped short of a clean breakout.The more interesting story was underneath. Altcoins outperformed across the board, with ether up 8.5%, solana gaining 6.9%, cardano surging 10.8%, and dogecoin adding 8.3%. Bitcoin’s 4.3% gain was among the smallest in the top 10.That kind of divergence typically signals risk appetite returning to…

Ethereum co-founder Vitalik Buterin has outlined sweeping changes to the network’s core consensus design following the release of the Ethereum Foundation’s new “strawmap,” a long-range technical roadmap aimed at accelerating layer-1 upgrades through the end of the decade. Summary Vitalik Buterin outlined plans to reduce Ethereum slot times from 12 seconds toward as low as 2 seconds, with finality potentially dropping to 6–16 seconds. The Ethereum Foundation’s “strawmap” sketches seven forks through 2029, targeting faster UX, gigagas throughput, post-quantum security, and privacy. Upgrades include erasure-coded P2P networking, reduced attester counts, Minimmit-based finality, and eventual quantum-resistant cryptography. Vitalik Buterin explains Ethereum…

On-chain data shows the Cardano sharks and whales have quietly been accumulating the asset even as the price has gone through a drawdown. Cardano Sharks & Whales Have Increased Supply Share By 1.6% In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of the Cardano sharks and whales. The indicator of interest here is the “Supply Distribution,” which tells us about the amount of the ADA circulating supply that’s held by a given wallet group. Addresses or investors are divided into these cohorts based on the number of tokens that…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum continues to face sustained selling pressure as broader crypto market sentiment shifts toward caution and, in some segments, outright panic. Price action has struggled to regain stability in recent weeks, with repeated rebound attempts failing to produce sustained upside momentum. Elevated volatility, tightening liquidity conditions, and persistent macro uncertainty have reinforced a defensive posture among both retail and institutional participants, leaving Ethereum vulnerable to further short-term weakness. A recent CryptoQuant report provides additional context through on-chain activity. According to the data, the ETH Binance User Deposit…

Thanks to a surge in bitcoin’s price, Strategy (MSTR) is having a great day on Wall Street despite some alarming balance sheet data. Among global equities valued above $25 billion, Strategy Inc. (MSTR) now carries the largest short position relative to its size. Roughly 14% of its $41.6 billion market capitalization has been sold short, placing it at the top of rankings compiled by firms including Goldman Sachs and FactSet. This is not a typical short story. Strategy trades as a corporate balance sheet wrapped around Bitcoin. Its equity functions as a leveraged instrument on BTC, shaped by debt issuance…

Trump family-backed crypto venture World Liberty Financial (WLFI) has proposed new measures to boost participation in governance through a staking system and incentivize the use of its stablecoin USD1.In its latest proposal on Wednesday, the team suggested governance votes should require holders to stake their tokens for at least 180 days to ensure “voting power is held by participants with long-term alignment to the protocol,” instead of “short-term holders or speculators.”Stakers would earn an annual percentage rate of 2% provided they participate in at least two governance votes during the lock-up period. Governance power would be based on the amount…