Bitcoin Pricing in ‘Most Bearish Global Growth Outlook’ Since Covid and FTX Crash: Bitwise Research
Despite low sentiment and falling prices, Bitwise’s André Dragosch says bitcoin is trading as if a recession is imminent, while macro growth expectations are already improving.
Ethereum’s 5-Year Bull Pennant Nears Breakout: $3,200 Target in Sight
Ethereum (ETH) regained the $3,000 mark with a strong recovery from last week’s low. It reached $3,009.80 on Friday with growing trading volumes and market sentiment. Institutional flows created renewed stability as investors increased exposure while anticipating a decisive move from the multi-year consolidation pattern. ETH climbed 17% from its November 21 low of $2,620.
Fire at Greenidge Bitcoin Mine in New York Forces Temporary Shutdown
Greenidge Generation Holdings, a major US Bitcoin mining firm, disclosed that a fire broke out at its Dresden, New York facility on Sunday, forcing a temporary shutdown of operations at one of its core sites. Key Takeaways: Greenidge Generation Holdings shut its New York mine after an electrical switchgear failure caused a fire. The 106-MW […]
Bitcoin Signals “COVID-Era” Risk-Reward Setup Again: Bitwise Analyst
Bitcoin’s current price action may be flashing a familiar signal, according to Bitwise Europe’s head of research, André Dragosch. Key Takeaways: Bitwise Europe’s research chief, André Dragosch, says Bitcoin now shows a COVID-era risk-reward profile. He argues BTC is already pricing in a recession-like outlook after steep sell-offs and heavy liquidations. Dragosch expects global growth […]
Upbit Finds Critical Wallet Flaw Amid Probe Into $30M Hack
South Korea’s largest cryptocurrency exchange, Upbit, said it uncovered and repaired a serious flaw in its internal wallet system while investigating the recent $30 million theft from the platform. Key Takeaways: Upbit found and fixed a wallet flaw that could have exposed private keys, but has not confirmed it caused the $30M hack. The breach […]
Bitcoin’s November Slump Could Trigger A 2026 Revival, Analysts Say
Bitcoin dropped sharply this month and is set to post one of its worst Novembers in years, leaving traders and fund managers weighing whether to buy or hold fire. Based on reports, the token is down about 18% for November and was trading below $91,000 as markets quieted heading into the weekend. Market Cleansing Opens […]
How Undervalued Is Ethereum Really, and What’s ETH’s True Price Today?
Simon Kim, the CEO of Hashed, has created a new dashboard attempting to find the intrinsic value of the world’s largest altcoin using 12 different valuation methodologies. They range from traditional finance frameworks, such as Discounted Cash Flow (DCF), Price-to-Sell (P/S) ratio, Revenue Yield, and Validator Economics, to more crypto-native metrics, such as Total Value […]
BlackRock Purchases $589 Million in Bitcoin and Ethereum from Coinbase in Major Crypto Move
BlackRock has significantly increased its crypto acquisitions, buying $589 million worth of Bitcoin and Ethereum from Coinbase. The purchases occurred as the crypto market shows signs of recovery. Institutional trading activity has also been rising. 🚨 BIG BREAKING BlackRock just scooped up $589M worth of Bitcoin and Ethereum directly from Coinbase — a massive signal […]
KuCoin EU Secures MiCA License in Austria to Expand Regulated Crypto Services Across Europe
KuCoin EU, the European partner of the international crypto exchange KuCoin, has received a license of Markets in Crypto Assets (MiCA) in Austria. The consent enables the platform to offer controlled services in the European Economic Area (EEA). The license is included in the effort of the EU to standardize the regulations in digital assets […]
Solana Approaches Critical $133 Zone Amid Growing Institutional Interest
Solana (SOL) is showing renewed attention, given growing institutional investment interests. Technical analysts point to an attractive setup at or near a significant level of support that could soon attract market buyers. The digital asset’s growing momentum on these fronts could offer exciting developments. At press time, SOL is trading at $137.35, down slightly by
Crypto Market News Today, November 29: BTC USD Stable at $90,000, ETH USD Grinding Up as Chicago Data Center Chaos Ends
The big story in the crypto news today is how surprisingly calm the market looks after what could’ve been a much bigger shake-up. BTC USD is still parked around $90,000, and ETH USD keeps inching upward. These all happened even after that sudden Chicago data center outage that briefly froze global trading screens. Once the […]
Bitcoin forms short-term bottom, $100K relief rally in sight: Analyst
Bitcoin may be forming a local bottom as RSI nears oversold and whales open longs, fueling a possible relief rally toward the $100,000–$110,000 zone.