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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s drop back into the mid-$90,000s has reignited the debate: is this the start of a true bear market, or a sharp reset inside an ongoing uptrend? Analysts are converging on the same battleground levels but differ on what they imply. Has The Bitcoin Bear Market Arrived? Macro swing-trader “The Great Mattsby” (@matthughes13) argues that, structurally, Bitcoin is still tracking a familiar pattern. He reminds followers that: “Back in 2024, BTC consolidated for 7 months in the $70k-$50k zone before breaking out.” Using monthly Fibonacci retracements from…
Well, the hopes and dreams of the bulls have been dashed this week after Bitcoin closed the week out at $94.290, below the key $96,000 weekly support level. In the weeks ahead, we should expect more bearish price action as key support levels have been lost. Bounces back up may come, but they are unlikely to result in recapturing any meaningful price levels. Key Support and Resistance Levels Now Bitcoin price closed below the $96,000 support level identified in this article in prior weeks. Closing near the lows below this level provides very little chance, if any, for the price…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US President Donald Trump granted a pardon in late October to Changpeng “CZ” Zhao, the founder of Binance, touching off a fresh round of questions about whether business deals and political favors were linked to the clemency. The move has split opinion: some lawmakers call for probes, while CZ’s legal team insists the pardon was lawful and not for sale. Binance And The Trump-Linked Venture According to reporting, Binance played a role in supporting a crypto company tied to the Trump family, World Liberty Financial, as that…
A sharp divergence emerged in the crypto ETF market this month.According to SoSo Value data, the new products tracking Solana and XRP are attracting significant capital, contrasting with a severe wave of outflows from established Bitcoin and Ethereum funds.The data shows that the newly launched altcoin ETFs have registered more than $500 million in combined inflows in less than a month.These inflows highlight growing investor interest in assets beyond the market leaders.Solana ETFs, which launched in October, have accumulated $382.05 million in total inflows in just three weeks. The three funds, managed by Grayscale, Bitwise, and VanEck, now oversee combined…
In brief Hive Digital Technologies stock rose about 7.5% on Monday. The Bitcoin miner reported record revenue in its fiscal Q2 earnings, up 285% year-over-year. Hive’s Buzz subsidiary also revealed a deal with Dell for GPUs to fuel its high-performance computing business. Publicly-traded Bitcoin mining firm Hive Digital Technologies’ stock climbed Monday following the announcement of record revenue last quarter, along with a deal with computer maker Dell to power the expanding AI ambitions of Hive’s subsidiary.Hive reported second-quarter fiscal year results ending September 30, achieving record revenue of $87.3 million—a vast 285% year-over-year increase, and 91% rise compared to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Fresh on-chain data reveal that 121 billion Shiba Inu (SHIB) coins were moved from crypto exchanges in 24 hours, extending a series of large withdrawals recorded throughout this month. The movement occurs at a time when the SHIB price is struggling, which may indicate that holders are either preparing for long-term storage or anticipating a major shift in the market. Where 121 Billion SHIB Are Headed As Prices Fall CryptoQuant has revealed that approximately 121,256,104,299 SHIB exited crypto exchanges on November 15. This latest transfer continues a…
In brief WeatherNext 2 generates hundreds of global forecasts in under a minute, enabling more frequent scenario updates than conventional models. Google is already using the system across Search, Gemini, Pixel Weather, and Maps, with broader rollout planned. A new modeling approach, Functional Generative Networks, boosted accuracy on key measures, including extreme wind and cyclone tracking. Google DeepMind introduced a new AI-powered weather-forecasting system on Monday, capable of generating global weather predictions eight times faster than traditional tools, it said.Dubbed WeatherNext 2, the system is being positioned as a tool to help agencies prepare for severe conditions more quickly, as…
In brief 300+ AI insiders at Cerebral Valley Summit voted the search startup is the AI company that is most likely to fail Anthropic leads in investor preference with skepticism over OpenAI also noticeable among investors. AGI predictions pushed to 2030 signal cooling enthusiasm More than 300 AI founders and investors at San Francisco’s Cerebral Valley Summit voted Perplexity as the billion-dollar startup most likely to fail, with OpenAI coming in second place.An anonymous survey conducted by independent journalist Alex Heath at a major industry gathering last week pointed to a marked shift in Silicon Valley sentiment.When asked which private…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data reveals a majority of the Ethereum treasury companies are trading below mNAV, showcasing the effect of the latest price crash. Ethereum Treasury Firms Are Looking Unhealthy In a new thread on X, Capriole Investments founder Charles Edwards has discussed some metrics related to Ethereum treasury companies. A treasury firm refers to a public corporation that has adopted a digital asset like Bitcoin or Ethereum as its reserve strategy. The idea was popularized by Michael Saylor’s Strategy (formerly MicroStrategy), which pivoted to being a BTC treasury firm…